Common use of Conditions to Each Party’s Obligation to Effect the Exchange Clause in Contracts

Conditions to Each Party’s Obligation to Effect the Exchange. The respective obligation of each party to effect the Transaction shall be subject to the satisfaction prior to the Closing Date of the following conditions:

Appears in 1 contract

Sources: Termination and Grant Agreement (Tejas Gas Corp)

Conditions to Each Party’s Obligation to Effect the Exchange. The respective obligation of each party to effect the Transaction shall be Purchase and otherwise consummate the transactions contemplated by this Agreement is subject to the satisfaction satisfaction, at or prior to the Closing Date Closing, of each of the following conditions:

Appears in 1 contract

Sources: Stock Purchase Agreement (Guar Global Ltd.)