Common use of Obligation to Purchase Clause in Contracts

Obligation to Purchase. The Purchaser’s obligation to purchase the Acquired Assets and to take the other actions required of it at the Closing, is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by the Purchaser, in whole or in part):

Appears in 2 contracts

Samples: Business Transfer Agreement (Hanryu Holdings, Inc.), Business Transfer Agreement (Hanryu Holdings, Inc.)

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Obligation to Purchase. The Purchaser’s 's obligation to purchase the Acquired Assets and to take the other actions required of it at the Closing, is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by the Purchaser, in whole or in part):

Appears in 1 contract

Samples: Asset Transfer Agreement (Genius Group LTD)

Obligation to Purchase. The Purchaser’s obligation to purchase the Acquired Assets and to take the other actions required of it at the Closing, is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by the Purchaser, in whole or in part):

Appears in 1 contract

Samples: Asset Transfer Agreement (Longtop Financial Technologies LTD)

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Obligation to Purchase. The Purchaser’s obligation to purchase the Acquired Assets and to take the other actions required of it at the Closing, is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by the Purchaser, in whole or in partpart by written due to the reasons of legal regulations or administrative approval procedures, which result in delayed assignment of the conditional assets after the closing date; meanwhile, indemnification occurred to the Seller and Management Shareholder for the assignment delay shall be waived):

Appears in 1 contract

Samples: Asset Transfer Agreement (Longtop Financial Technologies LTD)

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