Common use of Conditions Precedent to the Obligation of the Purchasers to Close and to Purchase the Shares Clause in Contracts

Conditions Precedent to the Obligation of the Purchasers to Close and to Purchase the Shares. The obligation hereunder of the Purchasers to purchase the Shares and to consummate the transactions contemplated by this Agreement is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions set forth below: (a) Accuracy of the Seller's Representations and Warranties. Each of the representations and warranties of the Seller in this Agreement shall be true and correct in all material respects as of the Closing Date, except for representations and warranties that speak as of a particular date, which shall be true and correct in all material respects as of such date.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Bank One Corp), Stock Purchase Agreement (Nortel Networks Corp), Stock Purchase Agreement (Nortel Networks Corp)