Common use of PRECEDENT CONDITIONS Clause in Contracts

PRECEDENT CONDITIONS. The final completion of the Contribution is subject to the following condition precedent being met: a) approval of the shareholders of the Contributing Company; b) approval of the Contribution and of the subsequent increase of the share capital by the extraordinary general meeting of the shareholders of the Beneficiary Company.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Ilog Sa), Asset Purchase Agreement (Ilog Sa)