Common use of Conditions to Obligation Clause in Contracts

Conditions to Obligation. The Holder and ▇▇▇▇ will be obligated to consummate the Tender Exchange unless ▇▇▇▇ has failed to obtain completion of the conditions precedent, notwithstanding ▇▇▇▇’ best efforts to attain agreement with the Holder on the Legal Agreements that are required in connection with the Tender Exchange.

Appears in 3 contracts

Sources: Letter of Intent (Amarantus Bioscience Holdings, Inc.), Letter of Intent (Amarantus Bioscience Holdings, Inc.), Letter of Intent (Amarantus Bioscience Holdings, Inc.)