Common use of CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE BUYER Clause in Contracts

CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE BUYER. The obligations of the Buyer to consummate the Closing under this Agreement are subject to the satisfaction in all material respects of each of the following conditions, unless waived by the Buyer: a. Accuracy of Representations and Warranties. Except for such changes as are permitted pursuant to Section 3.4 of this Agreement, the representations and warranties of the Shareholders and the Company contained in this Agreement, in the Shareholders Disclosure Schedule, the Company Disclosure Schedule and in each closing certificate and document delivered to Buyer by the Company or the Shareholders pursuant hereto shall be correct in all material respects at and as of the Closing Date as though made at and as of the Closing Date, other than such representations and warranties as are specifically made as of another date which shall be correct at and as of such other date; and the Shareholders and the Company shall each have delivered to Buyer a certificate to that effect.

Appears in 2 contracts

Sources: Stock Purchase and Sale Agreement (Omni Energy Services Corp), Stock Purchase and Sale Agreement (Omni Energy Services Corp)

CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE BUYER. The obligations of the Buyer to consummate the Closing under this Agreement are subject to the satisfaction in all material respects of each of the following conditions, unless waived by the Buyer: a. (a) Accuracy of Representations and Warranties. Except for such changes as are permitted pursuant to Section 3.4 4.3 of this Agreement, the representations and warranties of the Shareholders Sellers and the Company Companies contained in this Agreement, in Disclosure Schedules of this Agreement by each of the Shareholders Disclosure Schedule, the Company Disclosure Schedule and Companies or in each any closing certificate and or document delivered to Buyer by the Company or the Shareholders pursuant hereto shall be correct and complete in all material respects at and as of the Closing Date and the Escrow Closing Date as though made at and as of the Closing Datesuch dates, other than such representations and warranties as are specifically made as of another date which shall be correct at date, and as of such other date; Sellers and the Shareholders and the Company Companies shall each have delivered to Buyer a certificate to that effect.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Transcoastal Marine Services Inc)

CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE BUYER. The obligations of the Buyer to consummate the Closing under this Agreement are subject to the satisfaction in all material respects of each of the following conditions, unless waived by the Buyer: a. (a) Accuracy of Representations and Warranties. Except for such changes as are permitted pursuant to Section 3.4 4.3 of this Agreement, the representations and warranties of the Shareholders Sellers and the Company contained in this Agreement, in the Shareholders Disclosure Schedule, the Company Disclosure Schedule and of this Agreement or in each any closing certificate and or document delivered to Buyer by the Company or the Shareholders pursuant hereto shall be correct in all material respects and complete at and as of the Closing Date and the IPO Closing Date as though made at and as of the Closing Datesuch dates, other than such representations and warranties as are specifically made as of another date which shall be correct at date, and as of such other date; and the Shareholders Sellers and the Company shall each have delivered to Buyer a certificate to that effect.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Transcoastal Marine Services Inc)