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

Conditions to Obligations of Parent and Sub. The obligations of Parent and Sub to effect the Merger are subject to the satisfaction of the following conditions, any or all of which may be waived in whole or in part by Parent and Sub: (a) Obligations. Company shall have performed in all material respects all obligations, taken as a whole, to be performed by it under this Agreement at or prior to the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (Roadway Corp), Merger Agreement (Yellow Corp)