CONDITIONS TO THE BACKSTOP PARTIES’ OBLIGATIONS. The obligations of each of the Backstop Parties to consummate the transactions contemplated hereby pursuant to this Agreement on the Effective Date shall be subject to the satisfaction at or prior to the Effective Date of each of the following conditions, any one or more of which may be waived in writing by the Requisite Backstop Parties:
Appears in 2 contracts
Sources: Backstop Commitment Agreement, Backstop Commitment Agreement (Claires Stores Inc)