Conditions Precedent to the Obligations of Assignor Clause Samples

The 'Conditions Precedent to the Obligations of Assignor' clause defines specific requirements that must be satisfied before the assignor is obligated to perform under the agreement. These conditions might include obtaining necessary consents, ensuring the accuracy of representations and warranties, or the completion of certain actions by the assignee or third parties. By establishing these prerequisites, the clause protects the assignor from being bound to their obligations until all stipulated conditions are met, thereby reducing risk and ensuring that the transaction proceeds only when all necessary elements are in place.
Conditions Precedent to the Obligations of Assignor. The obligation of Assignor to sell and assign any Transferred Interest to Assignee is subject to the satisfaction of the following conditions with respect to such Transferred Interest:
View SourceView Similar (6)
Conditions Precedent to the Obligations of Assignor. The obligation of Assignor to sell and assign any Aircraft Transferred Interest to Assignee is subject to the satisfaction of the following conditions with respect to such Aircraft Transferred Interest:
View SourceView Similar (4)
Conditions Precedent to the Obligations of Assignor. The obligations of Assignee to effect the transactions contemplated by this Agreement are subject to the satisfaction or written waiver by Assignor of the following conditions precedent: (i) the representations and warranties of Assignee in Section 3 shall have been accurate, true and correct in all material respects on and as of the Effective Date and shall also be accurate, true and correct in all material respects on and as of the Closing Date with the same force and effect as though made on and as of the Closing Date (except to the extent such representations and warranties expressly relate to an earlier date, in which case such representations and warranties shall be true and correct in all material respects on and as of such earlier date); provided that any representation or warranty which by its terms is qualified by materiality shall be true and correct in all respects; (ii) Assignee shall have performed or complied in all material respects with all agreements and covenants required by this Agreement to be performed or complied with by it under this Agreement; (iii) the Assignment shall have been duly executed and delivered by Assignee and shall be effective as of the Closing Date; (iv) no temporary restraining order, preliminary or permanent injunction or other order or decree by any court of competent jurisdiction that prevents the consummation of the transactions contemplated hereby or imposes material conditions with respect thereto shall have been issued and remain in effect (each party agreeing to use its reasonable commercial efforts to have any such injunction, order or decree lifted) and no action shall have been taken, and no statute, rule or regulation shall have been enacted, by any state or federal governmental entity that would prevent the consummation of the transactions contemplated hereby or impose material conditions with respect thereto; and (v) no action, suit or proceeding shall be pending or, to Assignee’s knowledge, threatened before any governmental entity or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement, or (B) cause any of the transactions contemplated by this Agreement to be rescinded following consummation.
View SourceView Similar (2)
Conditions Precedent to the Obligations of Assignor. The obligation of Assignor to sell and assign the Transferred Interests to Assignee on the Closing Date is subject to the Satisfaction or waiver of the following conditions:
View SourceView Similar (2)
Conditions Precedent to the Obligations of Assignor. The obligation of Assignor to consummate the sale provided for herein is subject to the fulfillment (except to the extent, if any, waived by Assignor) of the following conditions at or prior to the Closing Date:
View Source

Related to Conditions Precedent to the Obligations of Assignor

  • Conditions Precedent to the Obligations of the Company to sell Shares at the Closing. The Company’s obligation to sell and issue the Shares to Purchaser at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:

  • Conditions Precedent to the Obligations of the Purchaser Each and every obligation of the Purchaser under this Agreement to be performed at or before the Closing shall be subject to the satisfaction, at the Closing, of each of the following conditions:

  • Conditions Precedent to the Obligations of Seller All obligations of Seller under this Agreement are subject to the fulfillment or satisfaction, prior to or at the Closing, of each of the following conditions precedent:

  • Conditions Precedent to the Obligations of Purchaser All of the obligations of Purchaser under this Agreement are subject to the fulfillment prior to or at the Closing of each of the following conditions, any one or more of which may be waived in writing by Purchaser:

  • Conditions Precedent to the Obligation of the Company to Close and to Sell the Securities. The obligation hereunder of the Company to close and issue and sell the Securities to the Purchasers at the Closing is subject to the satisfaction or waiver, at or before the Closing of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.