CONDITIONS PRECEDENT TO THE OBLIGATIONS OF CCC AND NEWCO Clause Samples

This clause defines the specific requirements that must be satisfied before CCC and Newco are legally obligated to proceed with their responsibilities under the agreement. Typically, these conditions might include obtaining regulatory approvals, securing necessary third-party consents, or ensuring that certain representations and warranties remain true at closing. By setting out these prerequisites, the clause protects both parties by ensuring that critical factors are addressed before any binding obligations arise, thereby reducing the risk of premature or unenforceable commitments.
CONDITIONS PRECEDENT TO THE OBLIGATIONS OF CCC AND NEWCO. The obligation of CCC and Newco to effect the Merger is subject to the satisfaction or waiver, at or before the Effective Time, of the following conditions and deliveries:
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Related to CONDITIONS PRECEDENT TO THE OBLIGATIONS OF CCC AND NEWCO

  • Conditions Precedent to the Obligations of the Company The obligation hereunder of the Company to issue and sell the shares of Common Stock to the Investor incident to each Closing is subject to the satisfaction, or waiver by the Company, at or before each such Closing, of each of the conditions set forth below.

  • 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 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 the Purchasers The obligation of each Purchaser to acquire Securities at the Closing is subject to the satisfaction or waiver by such Purchaser, at or before the Closing, of each of the following conditions: