Common use of Conditions to Obligations of Parties Clause in Contracts

Conditions to Obligations of Parties. The obligations of OMG to consummate the transfer of the Ferro Businesses are subject to the satisfaction on or prior to the Closing Date of the conditions set forth in Section 5.1 hereof. The obligations of Ferro to consummate the transfer of the Ferro Businesses are subject to the satisfaction on or prior to the Closing Date of the conditions set forth in Section 5.2 hereof.

Appears in 2 contracts

Sources: Purchase Agreement (Om Group Inc), Purchase Agreement (Ferro Corp)

Conditions to Obligations of Parties. The obligations of OMG to consummate the transfer of the each Ferro Businesses Business are subject to the satisfaction on or prior to the Closing Date of the conditions set forth in Section 5.1 hereof6.1. The obligations of Ferro to consummate the transfer of the each Ferro Businesses Business are subject to the satisfaction on or prior to the Closing Date of the conditions set forth in Section 5.2 hereof6.2.

Appears in 2 contracts

Sources: Heads of Agreement (Om Group Inc), Heads of Agreement (Ferro Corp)