Common use of Conditions Precedent to the Obligation of the Investor to Purchase the Shares Clause in Contracts

Conditions Precedent to the Obligation of the Investor to Purchase the Shares. The obligation hereunder of the Investor to acquire and pay for the Shares is subject to the satisfaction, at or before the Closing, of each of the conditions set forth below. These conditions are for the Investor's sole benefit and may be waived by the Investor at any time in its sole discretion.

Appears in 7 contracts

Samples: Preferred Stock Investment Agreement (Telescan Inc), Preferred Stock Investment Agreement (Interleaf Inc /Ma/), Preferred Stock Investment Agreement (Interleaf Inc /Ma/)

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Conditions Precedent to the Obligation of the Investor to Purchase the Shares. The obligation hereunder of the Investor hereunder to acquire and pay for the Shares is subject to the satisfactionsatisfaction or waiver by Investor, at or before the First Closing or the Second Closing, as the case may be, of each of the conditions set forth below. These conditions are for the Investor's sole benefit and may be waived by the Investor at any time in its sole discretion.following conditions:

Appears in 2 contracts

Samples: Stock Purchase Agreement (Rsi Systems Inc/Mn), Stock Purchase Agreement (Digital Investors LLC)

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