Common use of Conditions to Both Parties’ Obligations Clause in Contracts

Conditions to Both Parties’ Obligations. The obligations of the parties to consummate the transactions contemplated by this Agreement are subject to the fulfillment prior to or at the Closing of the condition (which may be waived by the parties in accordance herewith) that, on the Closing Date, there shall not be in effect any order issued by a court of competent jurisdiction restraining or prohibiting consummation of the transactions contemplated by this Agreement.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Ikaria, Inc.), Stock Purchase Agreement (Deltek, Inc), Stock Purchase Agreement (Deltek, Inc)