Common use of Conditions to the Distribution Clause in Contracts

Conditions to the Distribution. The consummation of the Distribution shall be subject to the satisfaction or waiver by Ligand in its sole and absolute discretion, of the following conditions (other than the condition set forth in Section 3.3(a), which prior to the termination of the Merger Agreement may not be waived without APAC’s written consent, which consent shall not be unreasonably withheld, conditioned or delayed):

Appears in 4 contracts

Sources: Separation and Distribution Agreement (Ligand Pharmaceuticals Inc), Separation and Distribution Agreement (Avista Public Acquisition Corp. II), Merger Agreement (Avista Public Acquisition Corp. II)

Conditions to the Distribution. The consummation of the Distribution shall be subject to the satisfaction or waiver by Ligand J▇▇.▇▇ in its sole and absolute discretion, of the following conditions (other than the condition set forth in Section 3.3(a), which prior to the termination of the Merger Agreement may not be waived without APACflyExclusive’s written consent, which consent shall not be unreasonably withheld, conditioned or delayed):

Appears in 1 contract

Sources: Separation and Distribution Agreement (Jet.AI Inc.)

Conditions to the Distribution. The consummation of the Distribution shall be subject to the satisfaction or waiver by Ligand ▇▇▇.▇▇ in its sole and absolute discretion, of the following conditions (other than the condition set forth in Section 3.3(a), which prior to the termination of the Merger Agreement may not be waived without APACflyExclusive’s written consent, which consent shall not be unreasonably withheld, conditioned or delayed):

Appears in 1 contract

Sources: Separation and Distribution Agreement (Flyexclusive Inc.)