Conditions to the Obligation of the Buyer to Close Sample Clauses
Conditions to the Obligation of the Buyer to Close. The obligation of the Buyer to purchase the Shares at the Closing shall be subject to the satisfaction of the following conditions at or prior to the Closing (unless waived by the Buyer):
Conditions to the Obligation of the Buyer to Close. The obligation of the Buyer to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment, as at the Closing Date, of each of the following conditions, any one or more of which may be waived by the Buyer:
(a) Failure to Exercise the Right of First Refusal. The failure of the Company and the Securityholder Offerees (i) to exercise their Right of First Refusal to purchase the Transferred Shares or (ii) to close on such purchase if exercised; upon occurrence of the first of such failures, there shall be deemed an automatic acceptance by the Sellers of the offer contained in this Agreement by operation of law.