Conditions to Each Party s Obligation to Effect the --------------------------------------------------- Merger. The respective obligations of each party to consummate the Merger are ------ subject to the satisfaction or waiver, where permissible, prior to the Effective Time, of the following conditions:
Conditions to Each Party s Obligations under the Agreement. The respective obligations of each Party to effect the transactions contemplated by the Agreement shall be subject to the fulfillment or waiver in writing by mutual agreement of the Parties at or prior to the Closing Date of the following conditions:
Conditions to Each Party s Obligations Under this Agreement. The respective obligations of each party under this Agreement to consummate the Merger shall be subject to the satisfaction, or, where permissible under applicable law, waiver at or prior to the Effective Time of the following conditions:
Conditions to Each Party s Obligations under this Agreement. Each party's obligations under Article I and Article II of this Agreement shall be subject to each of the Parties having obtained any and all approvals, consents, licenses, permits and authorizations from Governmental Authorities, if any, in form and substance satisfactory to the other Party, necessary to permit such Party to perform its obligations hereunder, to consummate the transactions contemplated herein, and to continue to conduct the Business as presently conducted and in accordance with applicable Law.
Conditions to Each Party s Obligations Under this Agreement. The respective obligations of each party under Articles I and II of this Agreement shall be subject to the satisfaction, or the waiver by such party hereto, at or prior to the Closing of the condition precedent that there is not in effect any injunction, restraining order or other ruling or order issued by any court of competent jurisdiction or governmental, quasi-governmental or regulatory department or authority or other law, rule, regulation, legal restraint or prohibition preventing the purchase and sale of the Brookfield Business and the Purchased Assets.
Conditions to Each Party. The obligations of each party to consummate the transactions contemplated by this Agreement at the Closing shall be subject to the satisfaction, at or prior to the Closing, of the following conditions:
Conditions to Each Party s Obligation to Effect the Transaction The respective obligations of each party to close the Transaction contemplated herein shall be subject to the satisfaction at or prior to the Closing of the following condition, which may be waived, in whole or in part to the extent permitted by applicable Law. No Governmental Authority of competent jurisdiction shall have enacted, issued, promulgated, enforced or entered any statute, rule, regulation, execution order, decree, injunction or other order (whether temporary, preliminary or permanent) which is in effect and which materially restricts, prevents or prohibits consummation of the Transaction or any transaction contemplated by this Agreement; provided, however, that the parties shall use reasonable commercial efforts to cause any such decree, judgment, injunction or other order to be vacated or lifted.
Conditions to Each Party s Obligations to Effect the ---------------------------------------------------- Transactions. The respective obligations of each party hereto to effect the ------------ Transactions are subject to the following conditions having been satisfied (or waived by the parties) on or prior to the Closing Date:
Conditions to Each Party s Obligations Under this Agreement. The respective obligations of each party under Articles I and II of this Agreement shall be subject to the satisfaction, or the waiver by such party hereto, at or prior to the Closing, of the condition precedent that no injunction, restraining order or other ruling or order issued by any court of competent jurisdiction or governmental, quasi-governmental or regulatory department or authority or other law, rule, regulation, legal restraint or prohibition preventing the purchase and sale of the Viractin Product Line and the Purchased Assets, and no investigation by any governmental, quasi-governmental or regulatory department or authority, shall be in effect as of or shall have commenced on or prior to the Closing Date, and no action, suit or proceeding brought by any governmental, quasi-governmental or regulatory department or authority shall be pending or threatened as of the Closing Date which seeks any injunction, restraining order or other order which would prohibit the purchase and sale of the Viractin Product Line or the Purchased Assets or materially impair the ability of the Buyer to own and operate the business related to the Viractin Product Line after the Closing.
Conditions to Each Party s Obligation To Effect the Merger. The respective obligations of each party to effect the Merger shall be subject to the fulfillment or waiver at or prior to the Effective Time of the following conditions: This Agreement shall have received the requisite approval of stockholders of Seller. All requisite approvals of this Agreement and the transactions contemplated hereby shall have been received from the Board and any other Regulatory Authority, and all applicable waiting periods shall have expired under applicable law. The Registration Statement shall have been declared effective and shall not be subject to a stop order or any threatened stop order. Neither Seller nor Buyer shall be subject to any order, decree or injunction, and there shall be no pending or threatened order, decree or injunction, of a court or agency of competent jurisdiction which enjoins or prohibits, or seeks to enjoin or prohibit, the consummation of any of the Transactions. There shall be no legislative, statutory or regulatory action (whether federal or state) pending which prohibits or threatens to prohibit consummation of the Transactions or which otherwise materially adverse affect the Transactions. Each of Buyer and Seller shall have received, from counsel reasonably satisfactory to it, an opinion reasonably satisfactory in form and substance to it to the effect that the Merger will constitute a reorganization within the meaning of Section 368(a) of the Internal Revenue Code and that no gain or loss will be recognized by the stockholders of Seller who receive solely Buyer Common Stock in exchange for shares of Seller Common Stock, except with respect to cash received in lieu of fractional shares of Buyer Common Stock. The shares of Buyer Common Stock which shall be issued to the holders of Seller Common Stock (and where applicable, Seller Stock Options) upon consummation of the Merger shall have been authorized for listing on the NYSE, subject to official notice of issuance. Buyer and Seller shall have received a letter, in form and substance reasonably satisfactory to each, from the Buyer Auditors, dated the date of the Proxy Statement and confirmed in writing at the Effective Time, stating that the Merger will qualify as a pooling of interests transaction under Opinion 16 of the Accounting Principles Board, the interpretive releases issued pursuant thereto and the pronouncements of the SEC thereon.
