Common use of Conditions to Obligations of Parent and Buyer Clause in Contracts

Conditions to Obligations of Parent and Buyer. The obligations of Parent and Buyer to effect the Merger are subject to the fulfillment at or prior to the Effective Time of the following conditions except to the extent waived in writing by Parent and Buyer:

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Kent Electronics Corp), Merger Agreement (Avnet Inc)

Conditions to Obligations of Parent and Buyer. The obligations of Parent and Buyer to effect the Merger are subject to the fulfillment at or prior to the Effective Time Date of the following conditions except to the extent waived in writing by Parent and Buyer:

Appears in 1 contract

Sources: Merger Agreement (Avnet Inc)