Conditions to Each Subsequent Contribution. The obligation of Parent and Spring Lane to make a Subsequent Contribution is subject to the satisfaction or waiver, with respect to its own obligation to make a Subsequent Contribution, by Parent or Spring Lane, as applicable, as of the applicable Contribution Date, of each of the following conditions; provided that, a waiver by Spring Lane of a condition to make a Subsequent Contribution hereunder that was, or is, caused by, or is a direct or indirect result of, any action or inaction by Parent or Devco shall also be deemed to be the waiver of Parent of such condition to making such Subsequent Contribution hereunder:
Appears in 2 contracts
Sources: Contribution Agreement (Soluna Holdings, Inc), Contribution Agreement (Soluna Holdings, Inc)