Common use of The Purchase Clause in Contracts

The Purchase. (i) All conditions precedent to, and all consents necessary to permit, the Purchase pursuant to the Purchase Documents have been satisfied or delivered, or waived with the prior written consent of the Initial Holder, and no material breach of any term or provision of any Purchase Document has occurred and no action has been taken by any competent authority which restrains, prevents or imposes material adverse conditions upon, or seeks to restrain, prevent or impose material adverse conditions upon, the Purchase or the effectiveness of this Agreement.

Appears in 1 contract

Samples: Dividend Note Agreement (Kaynar Holdings Inc)

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The Purchase. (i) All conditions precedent to, and all consents necessary to permit, the Purchase pursuant to the Purchase Documents have been satisfied or delivered, or waived with the prior written consent of the Initial HolderLender, and no material breach of any term or provision of any Purchase Document has occurred and no action has been taken by any competent authority which restrains, prevents or imposes material adverse conditions upon, or seeks to restrain, prevent or impose material adverse conditions upon, the Purchase or the effectiveness making of this Agreementany Loans hereunder.

Appears in 1 contract

Samples: Credit Agreement (Kaynar Holdings Inc)

The Purchase. (i) All conditions precedent to, and all consents necessary to permit, the Purchase pursuant to the Purchase Documents shall have been satisfied or delivered, or waived with the prior written consent of the Initial Holder, and no material breach of any term or provision of any Purchase Document has occurred and no action has been taken by any competent authority which restrains, prevents or imposes material adverse conditions upon, or seeks to restrain, prevent or impose material adverse conditions upon, the Purchase Documents shall not have been amended or modified without the effectiveness prior written consent of this Agreementthe Initial Holder and shall be in full force and effect.

Appears in 1 contract

Samples: Dividend Note Agreement (Kaynar Holdings Inc)

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The Purchase. (i) All conditions precedent to, and all consents necessary to permit, the Purchase pursuant to the Purchase Documents have been satisfied or delivered, or waived with the prior written consent of the Initial HolderLender, and no material breach of any term or provision of any Purchase Document has occurred and no action has been taken by any competent authority which restrains, prevents or imposes material adverse conditions upon, or seeks to restrain, prevent or impose material adverse conditions upon, the Purchase or the effectiveness making of this Agreementthe Supplemental Term Loan hereunder.

Appears in 1 contract

Samples: Term Loan Agreement (Kaynar Holdings Inc)

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