CONDITION OF PURCHASER'S OBLIGATIONS Sample Clauses

CONDITION OF PURCHASER'S OBLIGATIONS. The obligation of the Purchaser to consummate the transactions contemplated by this Agreement is subject to the fulfillment prior to or on the Closing Date of the following Purchaser Conditions, any of which may be waived in whole or in part in writing by the Purchaser:
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CONDITION OF PURCHASER'S OBLIGATIONS. The obligation of each Purchaser to purchase the Shares on the Closing Date as provided herein is subject to the following conditions:
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CONDITION OF PURCHASER'S OBLIGATIONS. The parties hereto acknowledge that Purchaser, as of the date of the execution of this Agreement, has not yet had an opportunity to review, examine, evaluate or otherwise satisfy itself with respect to the soil condition, environmental condition, engineering inspections of the Complex and the terms and provisions of the Service Contracts. In that regard, Purchaser shall have a period of time ("Inspection Period") which is the latter of: (a) sixty (60) days following the date of the execution of this Agreement; or (b) thirty (30) days following Purchaser's receipt of the Title Evidence; or (c) twenty (20) business days following Purchaser's receipt of true, complete and correct copies of the Service Contracts, in which to conduct any and all inspections, examinations, due diligence and other inquiries deemed necessary or desirable by Purchaser, its agents, employees and professionals. If, prior to 5:00 p.m. on a date ("Inspection Completion Date") which is the end of the Inspection Period, Purchaser determines that the Subject Property is unacceptable to Purchaser, Purchaser shall have the unconditional right to give notice to Seller electing to terminate this Agreement, provided such notice is delivered no later than 5:00 p.m. on the Inspection Completion Date. Notwithstanding the foregoing however, in the event Purchaser has not completed its environmental inspections or finds the environmental inspections of the Complex to be unacceptable and Purchaser does not elect to terminate this Agreement as contemplated by this Paragraph 8, then in that event the terms and provisions of Paragraph 9 hereof shall control. Seller shall not be entitled to and is hereby estopped from objecting to the good faith determination of the Purchaser with respect to its evaluation as set forth in this Paragraph 8. In the event that such written notice is given by the Purchaser prior to 5:00 p.m. on the Inspection Completion Date, then, in that event, this Agreement shall terminate, and neither party shall have any further rights or obligations each to the other under this Agreement. In the event the Purchaser does not elect, in writing, to terminate this Agreement pursuant to this Paragraph 8 on or before 5:00 p.m. on the Inspection Completion Date, then the condition set forth herein shall be deemed satisfied and the remainder of this Agreement shall remain in full force and effect according to its terms. The provisions of this Paragraph 8 shall prevail over any other Section ...
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Related to CONDITION OF PURCHASER'S OBLIGATIONS

  • Conditions of Purchaser's Obligations The obligations of Purchaser hereunder are subject to the fulfillment to the reasonable satisfaction of the Purchaser, prior to or at the Closing, of each of the following conditions:

  • Conditions to the Purchaser’s Obligations The obligations of the Purchaser to consummate the transactions contemplated by this Agreement are subject to the satisfaction (or waiver by the Purchaser in writing) of the following conditions as of the Closing Date:

  • Conditions of the Purchasers’ Obligations at Closing The obligations of each Purchaser to the Company under this Agreement are subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived:

  • Conditions to the Purchasers’ Obligation The obligation of each Purchaser to consummate the purchase of the Subordinated Notes to be purchased by them at Closing and to effect the Disbursement is subject to delivery by or at the direction of the Company to such Purchaser (or, with respect to the Indenture, the Trustee) each of the following (or written waiver by such Purchaser prior to the Closing of such delivery):

  • Purchaser’s Obligations At the Closing, Purchaser shall deliver to Seller the following:

  • Purchaser’s Obligations at Closing At Closing, Purchaser shall:

  • Conditions of the Purchaser’s Obligations The obligations of the Purchaser to purchase and pay for the Private Placement Warrants are subject to the fulfillment, on or before each Closing Date, of each of the following conditions:

  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATIONS The obligations of Purchaser hereunder to consummate the transaction contemplated hereunder shall in all respects be conditioned upon the satisfaction of each of the following conditions prior to or simultaneously with the Closing, any of which may be waived by Purchaser in its sole discretion by written notice to Seller at or prior to the Closing Date:

  • Conditions to the Purchasers’ Obligations at Closing The obligations of the Purchaser to purchase Shares at the Closing are subject to the fulfillment, on or before the Closing, of each of the following conditions, unless otherwise waived:

  • Independent Nature of Purchasers’ Obligations and Rights The obligations of each Purchaser under any Transaction Document are several and not joint with the obligations of any other Purchaser, and no Purchaser shall be responsible in any way for the performance or non-performance of the obligations of any other Purchaser under any Transaction Document. Nothing contained herein or in any other Transaction Document, and no action taken by any Purchaser pursuant hereto or thereto, shall be deemed to constitute the Purchasers as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Purchasers are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by the Transaction Documents. Each Purchaser shall be entitled to independently protect and enforce its rights including, without limitation, the rights arising out of this Agreement or out of the other Transaction Documents, and it shall not be necessary for any other Purchaser to be joined as an additional party in any Proceeding for such purpose. Each Purchaser has been represented by its own separate legal counsel in its review and negotiation of the Transaction Documents. For reasons of administrative convenience only, each Purchaser and its respective counsel have chosen to communicate with the Company through EGS. EGS does not represent any of the Purchasers and only represents the Placement Agent. The Company has elected to provide all Purchasers with the same terms and Transaction Documents for the convenience of the Company and not because it was required or requested to do so by any of the Purchasers. It is expressly understood and agreed that each provision contained in this Agreement and in each other Transaction Document is between the Company and a Purchaser, solely, and not between the Company and the Purchasers collectively and not between and among the Purchasers.

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