Common use of Conditions to Obligation of Clause in Contracts

Conditions to Obligation of. EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to effect the Merger will be subject to the satisfaction at or prior to the Effective Time of the following conditions, provided that the failure of Conditions 4.1.4 through 4.1.10 hereof with respect to any particular Merging Company and its Shareholders will not act as a condition to the obligations of that Merging Company, or its Shareholders.

Appears in 3 contracts

Sources: Merger Agreement (Janex International Inc), Merger Agreement (Janex International Inc), Merger Agreement (Janex International Inc)