Satisfaction of Conditions Precedent. From and after the date of this Agreement until the earlier of the Closing Date or the termination of this Agreement in accordance with its terms, YourSpace will use its commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are set forth in Article VIII, and YourSpace will use its commercially reasonable efforts to cause the transactions contemplated by this Agreement to be consummated.
Conditions Precedent to Amendment. The satisfaction of each of the following shall constitute conditions precedent to the effectiveness of the Amendment (such date being the “Ninth Amendment Effective Date”):
Conditions Precedent to Effectiveness. Notwithstanding any other provisions of this First Amendment Agreement to the contrary, the amendments described in [Sections 1 through 3] of this First Amendment Agreement (collectively, the “Document Amendments”) shall not become effective until each of the following conditions set forth in this Section 4 has been satisfied (in each case to the satisfaction of Aegis) or waived in writing by Aegis; provided, for the avoidance of doubt, that upon becoming effective, the Document Amendments shall be deemed effective, with full force and effect, as of the Effective Date:
Conditions Precedent to Effectiveness. Notwithstanding any other provisions of this Third Amendment Agreement to the contrary, the amendments to the Purchase Agreement contained in Section 1 of this Third Amendment Agreement and the amendment and restatement of the Secured Notes, Security Agreement, Warrants and Unsecured Notes pursuant to Sections 2, 3, 4, and 5 of this Third Amendment Agreement (collectively, the “Document Amendments”) shall not become effective until each of the following conditions set forth in this Section 6 has been satisfied (in each case to the satisfaction of [[Organization H:Organization]]waived in writing by [[Organization H:Organization]]vided, for the avoidance of doubt, that upon becoming effective, the Document Amendments shall be deemed effective, with full force and effect, as of the Effective Date:
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The Asset Purchase Agreement will only be of force and effect once the Conditions Precedent have been satisfied.
Conditions Precedent to Effectiveness. This Agreement shall not be effective until each of the following conditions precedent has been fulfilled prior to or concurrently herewith, each to the satisfaction of the Administrative Agent and the Required Lenders (such date, the Agreement Effective Date):
Failure of Conditions Precedent. If for any reason the Conditions Precedent are not satisfied by sixty (60) days from the Execution Date, this Agreement shall be deemed null and void unless the time period is extended by mutual agreement of the Parties. At any time, if the Parties agree in writing that one of the Conditions Precedent cannot be satisfied, this Agreement shall be deemed null and void upon the date of the Parties’ written agreement.
CONDITIONS PRECEDENT TO THE COMPANY’S OBLIGATIONS TO SELL. The obligation of the Company hereunder to issue and sell the Note to the Buyer at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions thereto, provided that these conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion:
The Purchasers performance of its obligations set forth in Article 2.3, paragraph 2 on the Closing is subject to the satisfaction of all of the terms and conditions set forth in the following items prior to the Closing. Provided, however that, the Purchaser may waive all or part of those conditions at its discretion. Waiver of all or part of the conditions precedent by the Purchaser based on the proviso hereof shall not prevent the Purchaser from claiming for compensation or indemnification as set forth in Article 7.1, paragraph 1 or for cancellation as set forth in [Article 8.1], paragraph 2.
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