Conditions to Obligations of Each Party to Effect the Acquisition Clause Samples
The 'Conditions to Obligations of Each Party to Effect the Acquisition' clause defines the specific requirements that must be satisfied before either party is legally required to complete the acquisition transaction. These conditions may include regulatory approvals, the accuracy of representations and warranties, the absence of material adverse changes, and the fulfillment of any covenants or agreements made prior to closing. By clearly outlining these prerequisites, the clause ensures that both parties are protected from being forced to proceed with the acquisition if essential conditions are not met, thereby allocating risk and providing a structured process for closing the deal.
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of each party to this Agreement to effect the Acquisition shall be subject to the satisfaction at or prior to the Closing of the following conditions:
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of each party to this Agreement to effect the Acquisition shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:
(a) NO INJUNCTIONS OR RESTRAINTS; ILLEGALITY. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or other legal restraint or prohibition preventing the consummation of the Acquisition shall be in effect, nor shall any proceeding brought by an administrative agency or commission or other governmental authority or instrumentality, domestic or foreign, seeking any of the foregoing be pending; nor shall there be any action taken, or any statute, rule, regulation or order enacted, entered, enforced or deemed applicable to the Acquisition, which makes the consummation of the Acquisition illegal.
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of each Party to this Agreement to effect the Acquisition shall be subject to the satisfaction at or prior to the Closing of the following conditions: No Injunctions or Restraints; Illegality. No temporary restraining order, preliminary or permanent injunction or other order issued by any court of competent jurisdiction or governmental or regulatory authority or other legal or regulatory restraint or prohibition preventing the consummation of the Acquisition shall be in effect.
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of the Company, SSI, SSPL, the Stockholders and Purchaser to effect the Acquisition shall be subject to the satisfaction, at or prior to the Initial Closing, of the following condition:
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of the Sellers, on the one hand, and Purchaser, on the other hand, to consummate the Acquisition shall be subject to the satisfaction, at or prior to the Closing, of the following conditions:
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of each Party to this Agreement to effect the Acquisition shall be subject to the satisfaction at or prior to the Closing of the following conditions, any of which (if permitted by Legal Requirements) may be waived, in writing, by both Purchaser and the Company:
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of the Members, the Company and Buyer to effect the Acquisition and to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction at or before the Closing of the condition that (i) no Governmental Entity shall have enacted, issued, promulgated, enforced or entered any statute, rule, regulation, executive order, decree, injunction or other order (whether temporary, preliminary or permanent) and no other legal or regulatory restraint or prohibition shall be in effect, in either case, which has the effect of making the Acquisition illegal or otherwise preventing the consummation of the Acquisition, and (ii) any waiting period (and any extension of the waiting period) applicable to the Acquisition under the HSR Act shall have been terminated or shall have expired.
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of Seller and Buyer to effect the Acquisition shall be subject to the absence of any statute, rule, regulation, executive order, decree, injunction, order or other legal restraint (whether temporary, preliminary or permanent) which is in effect and which has the effect of making the Acquisition illegal or otherwise prohibiting or preventing consummation of the Acquisition.
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of Mariposa Australia and Mariposa US to effect the Acquisition shall be subject to the satisfaction, at or prior to the Closing Date, any of which may be waived, in writing, by Mariposa Australia and Mariposa US of the following conditions:
Conditions to Obligations of Each Party to Effect the Acquisition. The respective obligations of the Company, Buyer and the Selling Stockholders to effect the Acquisition shall be subject to the satisfaction, at or prior to the Effective Time, of the following conditions: