Conditions to Consummation of the Transaction. The respective obligations of the parties with respect to this Transaction shall be subject to satisfaction of conditions customary to transactions of this type, including without limitation, (a) execution of this Stock Purchase Agreement by all parties; (b) absence of a material adverse change in the condition (financial or otherwise), business, properties, assets or prospects of the Issuer or the Company prior to Closing, (c) absence of pending or threatened litigation, investigations or other matters affecting the Issuer, the Company, the Buyer or the Transaction, (d) satisfactory completion by the Buyer and the Issuer of a due diligence investigation of the other party; and (e) confirmation that the representations and warranties of each party are true and accurate in all respects.
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Sources: Stock Purchase Agreement (Independent Film Development CORP), Stock Purchase Agreement (Independent Film Development CORP)
Conditions to Consummation of the Transaction. The respective obligations of the parties with respect to this Transaction shall be subject to satisfaction of conditions customary to transactions of this type, including without limitation, (a) execution of this Stock Purchase Agreement by all parties; (b) absence of a material adverse change in the condition (financial or otherwise), business, properties, assets or prospects of the Issuer Seller or the Company prior to Closing, (c) absence of pending or threatened litigation, investigations or other matters affecting the IssuerSeller, the Company, the Buyer or the Transaction, (d) satisfactory completion by the Buyer and the Issuer Seller of a due diligence investigation of the other party; and (e) confirmation that the representations and warranties of each party are true and accurate in all respects.
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