Actions Simultaneous Sample Clauses
The "Actions Simultaneous" clause requires that certain actions or obligations by the parties occur at the same time, rather than sequentially. In practice, this might mean that the delivery of goods and the payment for those goods must happen concurrently, or that the exchange of documents and the transfer of ownership are to be completed in a single coordinated step. This clause ensures that neither party is required to perform their obligation without the assurance that the other party will do so as well, thereby reducing the risk of non-performance and promoting fairness in the transaction.
POPULAR SAMPLE Copied 1 times
Actions Simultaneous. All actions to be taken and all documents to be executed and delivered by all parties at the Closing shall be deemed to have been taken and executed and delivered simultaneously and no actions shall be deemed to have been taken nor shall any documents be deemed to have been executed and delivered until all actions have been taken and all documents have been executed and delivered.
Actions Simultaneous. Notwithstanding anything to the contrary contained herein, upon the request of the Borrower and with the consent of the Administrative Agent in its sole discretion, all actions to be taken and all documents to be executed and delivered at the closing of an Investment in order for such Investment to be deemed an Eligible Investment (collectively, the “Delivery Requirements”) may be deemed to have been taken and executed and delivered simultaneously with the request for any Borrowing for the purpose of making such Investment; provided that (i) all such Delivery Requirements shall be satisfied substantially contemporaneously with the making of such Investment by the Borrower and (ii) the Administrative Agent shall have received all evidence it may request (including but not limited to the delivery of an updated Borrowing Base Certificate) evidencing such satisfaction.
Actions Simultaneous. Notwithstanding the order of the deliveries by the Parties set forth below, all deliveries shall be deemed to have occurred simultaneously and shall not be deemed to have been completed until each of the steps or conditions set forth or identified in this Section 3, entitled "Closing; Deliveries at Closing," has been completed or has been waived by the Party who is required or permitted to waive the same.
Actions Simultaneous. 28 Section 13.17. Acknowledgement by the Company, the Investor and HHIC............................29 NOTE PURCHASE AGREEMENT THIS NOTE PURCHASE AGREEMENT, dated June 1, 2005 (this "Agreement"), is by and between Hawaiian Holdings, Inc., a Delaware corporation (the "Company"), and RC Aviation, LLC, a Delaware limited liability company (the "Investor"). HHIC, Inc., a Delaware corporation ("HHIC"), does hereby join in this Agreement solely for the purpose described in Section 13.17. Unless otherwise provided, capitalized terms used herein are defined in Article I below.
Actions Simultaneous. 48 SECURITIES PURCHASE AGREEMENT THIS SECURITIES PURCHASE AGREEMENT, dated as of December 16, 2002 (this "Agreement"), is by and among ▇▇▇▇▇▇▇▇-Van Heusen Corporation, a Delaware corporation (the "Company"), ▇▇▇▇▇▇ Brothers Inc., as initial purchaser (the "Initial Purchaser") and each investor executing a signature page hereto (each an "Investor" and collectively, the "Investors").
Actions Simultaneous. 6 3.3 Big Rivers' Deliveries...............................................6 3.4
Actions Simultaneous. 7 ARTICLE II. REPRESENTATIONS AND WARRANTIES OF THE SELLERS WITH RESPECT TO THE PURCHASE SHARES.............................................7
Actions Simultaneous. 7 ARTICLE II. REPRESENTATIONS AND WARRANTIES OF THE SELLERS WITH RESPECT TO THE PURCHASE SHARES.............................................7