Conditions Precedent to the Obligation of the Company to Close. The obligation hereunder of the Company to close and effect the Exchange at the Closing is subject to the satisfaction or waiver, at or before the Closing of the conditions set forth below:
Appears in 10 contracts
Samples: Form of Debt Exchange Agreement (Fibernet Telecom Group Inc\), Share Exchange Agreement (Fibernet Telecom Group Inc\), Note Exchange Agreement (Fibernet Telecom Group Inc\)
Conditions Precedent to the Obligation of the Company to Close. The obligation hereunder of the Company to close and effect issue and deliver the Exchange at Shares to an Exchanger on the relevant Closing Date is subject to the satisfaction or waiver, at or before the Closing such Closing, of the conditions set forth below:. These conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion.
Appears in 1 contract
