Common use of Satisfaction of Conditions Clause in Contracts

Satisfaction of Conditions. The conditions precedent set out in Sections 6.1, 6.2, and 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 shall be released from escrow at the Effective Time without any further act or formality required on the part of any person.

Appears in 3 contracts

Samples: Arrangement Agreement, Arrangement Agreement, Arrangement Agreement (Ym Biosciences Inc)

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Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall will be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Purchasers and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.11 hereof shall be released from escrow at the Effective Time escrow, without any further act or formality required on the part of any personPerson, at the Effective Time.

Appears in 2 contracts

Samples: Arrangement Agreement (Atlantic Power Corp), Arrangement Agreement

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Parties and the Depositary, all funds and Newmont Shares held in escrow by the Depositary pursuant to Section 2.12 2.13 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any person.

Appears in 2 contracts

Samples: Arrangement Agreement (Goldcorp Inc), Arrangement Agreement (Newmont Mining Corp /De/)

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Parties and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.10 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any person.

Appears in 2 contracts

Samples: Arrangement Agreement (Novadaq Technologies Inc), Arrangement Agreement

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall will be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.9 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any personPerson.

Appears in 2 contracts

Samples: Agreement, Arrangement Agreement

Satisfaction of Conditions. The conditions precedent set out in Sections 6.1, 6.2, and 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.11 shall be released from escrow at the Effective Time without any further act or formality required on the part of any person.

Appears in 2 contracts

Samples: Arrangement Agreement (Privet Fund LP), Arrangement Agreement (Norsat International Inc.)

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Parties and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.8 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any person.

Appears in 2 contracts

Samples: Arrangement Agreement (Turquoise Hill Resources Ltd.), Arrangement Agreement (Rio Tinto PLC)

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall will be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.10 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any person.

Appears in 1 contract

Samples: Arrangement Agreement (Student Transportation Inc.)

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Parties and the Depositary, all funds funds, Vail Shares and Exchangeable Shares held in escrow by the Depositary pursuant to Section 2.12 2.11 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any person.

Appears in 1 contract

Samples: Arrangement Agreement (Vail Resorts Inc)

Satisfaction of Conditions. The conditions precedent set out in Sections 6.1Section 7.1, 6.2, Section 7.2 and 6.3 Section 7.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Parties and the Depositary, all funds the cash and Consideration Shares held in escrow by the Depositary pursuant to Section 2.12 2.14 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any personPerson.

Appears in 1 contract

Samples: Arrangement Agreement (Agnico Eagle Mines LTD)

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Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall will be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.9 hereof shall be deemed to be released from escrow at the Effective Time escrow, without any further act or formality required on by any Person, at the part of any personEffective Time.

Appears in 1 contract

Samples: Arrangement Agreement (Trillium Therapeutics Inc.)

Satisfaction of Conditions. β€Œ The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Parties and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.8 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any person.

Appears in 1 contract

Samples: Arrangement Agreement

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Parties and the Depositary, all funds the Consideration Shares held in escrow by the Depositary pursuant to Section 2.12 2.13 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any personPerson.

Appears in 1 contract

Samples: Arrangement Agreement (Yamana Gold Inc.)

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall will be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement agreement entered into between the Purchaser and the Depositary, all funds held in escrow by the Depositary pursuant shall be deemed to Section 2.12 shall be released from escrow at the Effective Time without any further act or formality required on the part of any personTime.”.

Appears in 1 contract

Samples: Arrangement Agreement (Merus Labs International Inc.)

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Parties and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.9 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any person.

Appears in 1 contract

Samples: Arrangement Agreement (Pretium Resources Inc.)

Satisfaction of Conditions. The conditions precedent set out in Sections Section 6.1, 6.2, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time. For greater certainty, and notwithstanding the terms of any escrow arrangement entered into between the Purchaser Parties and the Depositary, all funds held in escrow by the Depositary pursuant to Section 2.12 2.8 hereof shall be released from escrow at the Effective Time without any further act or formality required on the part of any personPerson.

Appears in 1 contract

Samples: Arrangement Agreement

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