Common use of Conditions to Obligation to Close Clause in Contracts

Conditions to Obligation to Close. The respective obligations of each of the parties to this Agreement to consummate the transactions which are to be effected at the Closing hereunder shall be subject to the satisfaction or waiver of the following conditions; provided that any waiver by AWT must be approved by a majority of the Special Committee.

Appears in 5 contracts

Samples: Recapitalization Agreement (Vivendi), Recapitalization Agreement (Aqua Alliance Inc), Recapitalization Agreement (Air & Water Technologies Corp)

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