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:
Appears in 1 contract
Sources: Purchase, Assignment and Assumption Agreement (GBC Bancorp)
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 satisfaction or waiver of the following conditions:
(A) PURCHASE PRICE Assignee shall have paid the Purchase Price in the manner specified in Section 4.
Appears in 1 contract
Sources: Purchase, Assignment and Assumption Agreement (GBC Bancorp)