Acquiror’s Clause Samples
The 'Acquiror’s' clause defines the rights, obligations, or representations specific to the party acquiring another company or assets in a transaction. Typically, this clause outlines what the acquiror must do, such as providing certain disclosures, fulfilling payment terms, or meeting regulatory requirements. For example, it may specify the acquiror’s responsibility to obtain financing or to ensure that all conditions precedent to closing are satisfied. The core function of this clause is to clearly allocate duties and responsibilities to the acquiror, thereby reducing ambiguity and ensuring that both parties understand the acquiror’s role in the transaction.
Acquiror’s. As a condition precedent to Contributor’s obligation to close (“Contributor’s Condition Precedent”), Acquiror shall cause to be delivered to Contributor the following, each in form and substance reasonably acceptable to Contributor and Acquiror and their respective counsel:
Acquiror’s. As a condition precedent to Contributor’s obligation to close (“Contributor’s Condition Precedent”), Acquiror or General Partner, as applicable, shall cause to be delivered to Contributor the following, each in form and substance reasonably acceptable to Contributor, Subsidiary and Acquiror and their respective counsel: Partnership Agreement. A copy of the Partnership Agreement;