Common use of CONDITIONS PRECEDENT TO OBLIGATIONS OF THE STOCKHOLDERS AND THE COMPANY Clause in Contracts

CONDITIONS PRECEDENT TO OBLIGATIONS OF THE STOCKHOLDERS AND THE COMPANY. The obligations of the STOCKHOLDERS and the COMPANY with respect to actions to be taken on the Pre-Closing Date and, to the extent specified in this Section 8, on the Closing Date are subject to the satisfaction or waiver on or prior to the Pre-Closing Date and/or the Closing Date, as the case may be, of all of the conditions set forth in this Section 8. As of the Pre-Closing Date or the Closing Date, as the case may be, all conditions not satisfied shall be deemed to have been waived by the COMPANY and the STOCKHOLDERS unless such parties have objected by notifying CTS in writing of such objection on or before the Pre-Closing Date or consummation of the transactions on the Closing Date, respectively, except that no such waiver shall be deemed to affect the survival of the representations and warranties of CTS and NEWCO contained in Section 6 hereof.

Appears in 6 contracts

Samples: Agreement and Plan of Organization (Condor Technology GRP), Agreement and Plan of Organization (Condor Technology GRP), Agreement and Plan of Organization (Condor Technology GRP)

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CONDITIONS PRECEDENT TO OBLIGATIONS OF THE STOCKHOLDERS AND THE COMPANY. The obligations of the STOCKHOLDERS Stockholders and the COMPANY Company with respect to actions to be taken on the Pre-Closing Date and, to the extent specified in this Section Article 8, on the Closing Date are subject to the satisfaction or waiver on or prior to the Pre-Closing Date and/or the Closing Date, as the case may be, of all of the conditions set forth in this Section Article 8. As of the Pre-Closing Date or the Closing Date, as the case may be, all conditions not satisfied shall be deemed to have been waived by the COMPANY Company and the STOCKHOLDERS Stockholders unless such parties have objected by notifying CTS Clarant in writing of such objection on or before the Pre-Closing Date or consummation of the transactions on the Closing Date, respectively, except that no such waiver shall be deemed to affect the survival of the representations and warranties of CTS Clarant and NEWCO Newco contained in Section Article 6 hereof.

Appears in 3 contracts

Samples: Agreement and Plan of Organization (Luminant Worldwide Corp), Agreement and Plan of Organization (Luminant Worldwide Corp), Agreement and Plan of Organization (Luminant Worldwide Corp)

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CONDITIONS PRECEDENT TO OBLIGATIONS OF THE STOCKHOLDERS AND THE COMPANY. The obligations of the STOCKHOLDERS Stockholders, the Company and the COMPANY Subsidiary with respect to actions to be taken on the Pre-Closing Date and, to the extent specified in this Section Article 8, on the Closing Date are subject to the satisfaction or waiver on or prior to the Pre-Closing Date and/or the Closing Date, as the case may be, of all of the conditions set forth in this Section Article 8. As of the Pre-Closing Date or the Closing Date, as the case may be, all conditions not satisfied shall be deemed to have been waived by the COMPANY Company, the Subsidiary and the STOCKHOLDERS Stockholders unless such parties have objected by notifying CTS Clarant in writing of such objection on or before the Pre-Closing Date or consummation of the transactions on the Closing Date, respectively, except that no such waiver shall be deemed to affect the survival of the representations and warranties of CTS Clarant and NEWCO Newco contained in Section Article 6 hereof.

Appears in 1 contract

Samples: Agreement and Plan of Organization (Luminant Worldwide Corp)

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