Conditions to Obligations of Purchasers at Closing Sample Clauses
Conditions to Obligations of Purchasers at Closing. Each Purchaser’s obligation to purchase the Securities at the Closing is subject to the fulfillment to that Purchaser’s reasonable satisfaction, on or prior to the Closing, of all of the following conditions, any of which may be waived by the Purchaser:
Conditions to Obligations of Purchasers at Closing. AFAC’s obligation to purchase the Common Stock at the Closing is subject to the fulfillment to the Purchaser’s satisfaction, on or prior to the Closing, of all of the following conditions, any of which may be waived by Purchaser:
Conditions to Obligations of Purchasers at Closing. The obligation of each Purchaser to purchase the Shares from the Company on any Closing Date is conditioned upon the following:
Conditions to Obligations of Purchasers at Closing. Each Purchaser’s obligation to purchase the Series B Notes at the Closing is subject to the fulfillment to that Purchaser’s reasonable satisfaction, on or prior to the Closing, of all of the following conditions, any of which may be waived by the Purchaser:
Conditions to Obligations of Purchasers at Closing. The obligation of each Purchaser to purchase the Notes and Warrants at the Closing is subject to the fulfillment on or prior to the Closing Date of the following conditions, any of which may be waived by Purchaser pursuant to the terms of Section 7.1:
Conditions to Obligations of Purchasers at Closing. The Purchasers have entered into this Agreement in reliance on the representations, warranties, covenants and agreements of the Authority contained herein, and in reliance on the representations, warranties, covenants and agreements to be contained in the documents and instruments to be delivered at the Closing and on the performance by the Authority of its obligations hereunder, as of the Closing Date. Accordingly, the Purchasers’ obligations under this Agreement to purchase, to accept delivery of and to pay for the Bonds are conditioned on the performance by the Authority of its obligations to be performed hereunder and the delivery of such documents and instruments enumerated herein in form and substance reasonably satisfactory to the Purchasers, at or before the Closing, and are also subject to the following additional conditions:
a. The representations, warranties, covenants and agreements of the Authority contained herein are true, complete and correct on the date hereof and on and as of the Closing Date, as if made on the Closing Date;
b. The provisions of the Act and the Federal Act, as in effect on the date of this Agreement, shall be in full force and effect and shall not have been amended, except as to amendments which, in the reasonable opinion of the Purchasers, are not adverse to the interest of the Purchasers;
c. At the time of the Closing, the Resolution is in full force and effect in accordance with its terms and has not been amended, modified or supplemented;
d. At the time of the Closing, all official action of the Authority relating to the Bonds, the Bond Documents and the System Agreements are in full force and effect in accordance with their respective terms and have not been amended, modified or supplemented, except in each case as may have been agreed to by the Purchasers;
e. At the time of the Closing the Authority will perform or will have performed all of its obligations required under, specified in or contemplated by this Agreement, the Resolution and the Indenture, to be performed prior to the Closing; and
f. At or before the Closing, the Purchasers will have received true and correct copies of each of the following documents:
i. A certified copy of the Resolution;
ii. Counterparts of each of the fully executed Bond Documents and the System Agreements;
iii. The approving opinion of Bond Counsel, dated the Closing Date, in form and substance satisfactory to the Purchasers, and a reliance letter with respect to such opinion addre...