Common use of Conditions Precedent to the Seller’s Obligations Clause in Contracts

Conditions Precedent to the Seller’s Obligations. The obligation of the Seller to consummate the sale, transfer and assignment to the Purchasers of the Assets and the assignment of the Assumed Liabilities on the Closing Date is, at the option of the Seller, subject to the satisfaction of the following conditions.

Appears in 2 contracts

Samples: Asset Sale Agreement (Fuqua Enterprises Inc), Asset Purchase Agreement (Heartland Technology Inc)

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Conditions Precedent to the Seller’s Obligations. The obligation obligations of the Seller to consummate the sale, transfer and assignment to the Purchasers Purchaser of the Assets and the assignment of the Assumed Liabilities Units on the Closing Date is, at the option of the SellerSeller Representative, subject to the satisfaction of the following conditions.conditions (any or all of which may be waived by the Seller Representative at or prior to the Closing):

Appears in 2 contracts

Samples: Unit Purchase Agreement (Argyle Security, Inc.), Unit Purchase Agreement (Argyle Security, Inc.)

Conditions Precedent to the Seller’s Obligations. The obligation obligations of the Seller to consummate the salesell, transfer and assignment deliver the Sale Shares and to consummate the Purchasers of the Assets and the assignment of the Assumed Liabilities on the Closing Date is, at the option of the Seller, transactions contemplated hereby are subject to the satisfaction on or, where appropriate, prior to the Closing Date, of the following conditions., except to the extent that any such condition may have been waived in writing by the Seller on or prior to the Closing Date:

Appears in 1 contract

Samples: Stock Purchase Agreement (I T Technology Inc)

Conditions Precedent to the Seller’s Obligations. The obligation of the each Seller to consummate the sale, transfer and assignment to the Purchasers Purchaser of the Assets and the assignment of the Assumed Liabilities Securities owned by such Seller on the Closing Date is, at the option of the Seller, subject to the satisfaction of each of the following conditions.:

Appears in 1 contract

Samples: Acquisition Agreement (Ryan Patrick L Trust 1998)

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Conditions Precedent to the Seller’s Obligations. The obligation of the Seller to consummate the sale, transfer and assignment to the Purchasers Buyer of the Assets and the assignment of the Assumed Liabilities on the Closing Date is, at the option of the Seller, subject to the satisfaction of the following conditions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cypros Pharmaceutical Corp)

Conditions Precedent to the Seller’s Obligations. The obligation of the Seller to consummate the sale, transfer and assignment to the Purchasers Purchaser of the Assets and the assignment of the Assumed Liabilities on the Closing Date is, at the option of the Seller, subject to the satisfaction of the following conditions.

Appears in 1 contract

Samples: Asset Sale Agreement (Bremen Bearings Inc)

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