CONDITIONS PRECEDENT TO THE PARTIES' OBLIGATIONS. The obligations of the Buyer and the Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment or satisfaction (or waiver by the applicable Party), prior to or at the Closing, of each of the following conditions precedent: (a) No injunction, writ, temporary restraining order, or other order, shall be in effect which restrains or prohibits the transactions contemplated by this Agreement, and no litigation or other proceeding shall be pending or threatened which individually or collectively with other proceedings would be reasonably be expected restrain or prohibit the transactions contemplated by this Agreement or have a Material Adverse Effect; and (b) Any waiting period under the HSR Act with respect to the transactions contemplated by this Agreement shall have expired or been terminated.
Appears in 2 contracts
Sources: Share Purchase Agreement, Share Purchase Agreement (National Vision Inc)
CONDITIONS PRECEDENT TO THE PARTIES' OBLIGATIONS. The obligations of the Buyer Buyers and the Sellers Seller Parties to consummate the transactions contemplated by this Agreement are subject to the fulfillment or satisfaction (or waiver by the applicable Party), prior to or at the Closing, of each of the following conditions precedent:
(a) No injunction, writ, temporary restraining order, order or other order, Order shall be in effect which restrains or prohibits the transactions contemplated by this Agreement, and no litigation or other proceeding shall be pending or threatened which individually or collectively with other proceedings would be reasonably be expected restrain or prohibit the transactions contemplated by this Agreement or have a Material Adverse Effect; and
(b) Any The waiting period under the HSR Act with respect applicable to the transactions contemplated by this Agreement shall have expired or been terminatedterminated and all Authorizations or Orders required to permit the Closing of the transactions contemplated by this Agreement under the HSR Act or any other applicable antitrust or competition Laws shall have been obtained.
Appears in 1 contract
CONDITIONS PRECEDENT TO THE PARTIES' OBLIGATIONS. The obligations of the Buyer Buyers and the Sellers Seller Parties to consummate the transactions contemplated by this Agreement are subject to the fulfillment or satisfaction (or waiver by the applicable Party), prior to or at the Closing, of each of the following conditions precedent:: 77
(a) No injunction, writ, temporary restraining order, order or other order, Order shall be in effect which restrains or prohibits the transactions contemplated by this Agreement, and no litigation or other proceeding shall be pending or threatened which individually or collectively with other proceedings would be reasonably be expected restrain or prohibit the transactions contemplated by this Agreement or have a Material Adverse Effect; and
(b) Any The waiting period under the HSR Act with respect applicable to the transactions contemplated by this Agreement shall have expired or been terminatedterminated and all Authorizations or Orders required to permit the Closing of the transactions contemplated by this Agreement under the HSR Act or any other applicable antitrust or competition Laws shall have been obtained.
Appears in 1 contract
Sources: Stock Purchase Agreement