Common use of Mutual Closing Condition Clause in Contracts

Mutual Closing Condition. There shall have been no Law enacted, entered, promulgated, enforced or deemed applicable by any Governmental Entity of competent jurisdiction that is in effect and makes illegal or otherwise prohibits or materially delays the consummation of the Closing.

Appears in 11 contracts

Sources: Securities Purchase Agreement (OmniAb, Inc.), Securities Purchase Agreement (CervoMed Inc.), Stock Purchase Agreement (Erasca, Inc.)

Mutual Closing Condition. There shall have been no Law enacted, entered, promulgated, enforced or deemed applicable by any Governmental Entity governmental authority of competent jurisdiction that is in effect and makes illegal or otherwise prohibits or materially delays the consummation of the Closing.

Appears in 6 contracts

Sources: Securities Purchase Agreement (Oric Pharmaceuticals, Inc.), Securities Purchase Agreement (Enliven Therapeutics, Inc.), Securities Purchase Agreement (Denali Therapeutics Inc.)