Common use of Conditions Precedent to the Obligation Clause in Contracts

Conditions Precedent to the Obligation. of the Purchaser to Accept a Draw Down and Purchase the Shares. The obligation hereunder of the Purchaser to accept a Draw Down request and to acquire and pay for the Shares is subject to the satisfaction or waiver, at or before each Draw Down Exercise Date, of each of the conditions set forth below. The conditions are for the Purchaser's sole benefit and may be waived by the Purchaser at any time in its sole discretion.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Isis Pharmaceuticals Inc), Common Share Purchase Agreement (Sand Technology Inc), Common Stock Purchase Agreement (Isis Pharmaceuticals Inc)

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Conditions Precedent to the Obligation. of the Purchaser to Accept a Draw Down Notice and Purchase the Shares. The obligation hereunder of the Purchaser to accept a Draw Down request Notice and to acquire and pay for the Shares on any Settlement Date is subject to the satisfaction or waiver, at or before each Draw Down Exercise Date and each Settlement Date, as applicable, of each of the conditions set forth below. The conditions are for the Purchaser's sole benefit and may be waived by the Purchaser at any time in its sole discretion.

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Columbia Laboratories Inc), Common Stock Purchase Agreement (Columbia Laboratories Inc), Common Stock Purchase Agreement (Columbia Laboratories Inc)

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Conditions Precedent to the Obligation. of the Purchaser to Accept a Draw Down and Purchase the Shares. The obligation hereunder of the Purchaser to accept a Draw Down request and to acquire and pay for the Shares is subject to the satisfaction or waiver, at or before the date of each Draw Down request (the "Draw Down Exercise Date"), of each of the conditions set forth below. The conditions are for the Purchaser's sole benefit and may be waived by the Purchaser at any time in its sole discretion.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Globus Wireless LTD), Common Stock Purchase Agreement (Rnethealth Com Inc)

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