Conditions Precedent to the Obligation of the Purchasers. The obligation of the Purchasers to enter into and complete the Closing is subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions by NetLive, any one or more of which may be waived by the Purchasers (except when the fulfillment of such condition is a requirement of law).
Appears in 2 contracts
Sources: Stock Purchase and Reorganization Agreement (Netlive Communications Inc), Stock Purchase and Reorganization Agreement (Netlive Communications Inc)