Purchaser’s Conditions Precedent definition

Purchaser’s Conditions Precedent shall have the meaning set forth in Section 6(b).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Purchaser’s Conditions Precedent has the meaning given to such term in Clause 5.1.1.

Purchaser’s Conditions Precedent shall have the meaning ascribed to such term in Section 7.1.

Examples of Purchaser’s Conditions Precedent in a sentence

In the event that any Purchaser’s Conditions Precedent is not satisfied, Purchaser shall give written notice thereof to the Seller, and unless Purchaser waives such Purchaser’s Conditions Precedent, this Agreement shall terminate and both Seller and Purchaser shall thereafter be relieved from any and all liability under this Agreement except for the indemnification and hold harmless provisions contained in Section 7, and the ▇▇▇▇▇▇▇ Money Note shall be returned to Purchaser.
It would be the expectation of the Purchaser that many of the Purchaser’s Conditions Precedent will be narrowed or eliminated altogether as the Purchaser completes its due diligence and the Formal Agreement and schedules thereto are finalized.
The Purchaser’s Conditions Precedent are for the sole benefit of the Purchaser.
If any of the foregoing Purchaser’s Conditions Precedent are not satisfied with respect to a particular Property or Subsidiary Entity Interests, Purchaser shall have the right at its sole election either to waive the condition in question and proceed with the purchase of such Subsidiary Entity Interests pursuant to all of the other terms of this Agreement or, in the alternative, to terminate this Agreement with respect to such Subsidiary Entity Interests or in its entirety.
Subject to the satisfaction or waiver of all Purchaser’s Conditions Precedent as set forth in Section 20 of this Agreement, the closing (“Closing”) of this transaction shall occur on December 29, 2011.

More Definitions of Purchaser’s Conditions Precedent

Purchaser’s Conditions Precedent means each Condition Precedent set out in Part B of Schedule 2;

Purchaser’s Conditions Precedent shall have the meaning set forth in Section 2.02(b).

Purchaser’s Conditions Precedent has the meaning ascribed to it in Section 2.9 hereof;

Purchaser’s Conditions Precedent means the conditions to be satisfied precedent to Purchaser’s obligations hereunder as set forth in Clause 6.1 hereof.

Purchaser’s Conditions Precedent is defined in Section 7.3 hereof.

Purchaser’s Conditions Precedent means those certain conditions precedent to the completion of the transactions contemplated hereunder for the sole benefit of the Purchaser set out in Section 7.1 hereof;

Purchaser’s Conditions Precedent has the meaning set forth under Section 3.1.