Common use of Initial Closing Conditions Clause in Contracts

Initial Closing Conditions. The obligation of the Purchasers to purchase and pay for the Stock at the Initial Closing is subject to the satisfaction as of the Initial Closing of the following conditions:

Appears in 2 contracts

Sources: Equity Purchase Agreement (Thayer Equity Investors Iii Lp), Equity Purchase Agreement (Global Vacation Group Inc)

Initial Closing Conditions. The obligation of the Purchasers to -------------------------- purchase and pay for the Stock at the Initial Closing is subject to the satisfaction as of the Initial Closing of the following conditions:

Appears in 1 contract

Sources: Equity Purchase Agreement (Iconixx Corp)