Common use of Best Efforts to Close Clause in Contracts

Best Efforts to Close. Buyer and System shall use their best efforts to proceed toward the Closing and to cause the conditions to Closing to be met as soon as practicable and consistent with other terms contained herein. Buyer shall notify Seller as soon as practicable of any event or matter which may reasonably be expected to prevent the conditions to Buyer's obligations being met.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Paracelsus Healthcare Corp), Asset Purchase Agreement (Paracelsus Healthcare Corp)

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Best Efforts to Close. Buyer and System shall use their best efforts to proceed toward the Closing and to cause the conditions to Closing to be met as soon as practicable and consistent with other terms contained herein. Buyer shall notify Seller as soon as practicable of any event or matter which may reasonably be expected to prevent the conditions to Buyer's obligations being met.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Paracelsus Healthcare Corp), Stock Purchase Agreement (Paracelsus Healthcare Corp)

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Best Efforts to Close. Buyer and System shall use their its reasonable best efforts to proceed toward the Closing and to cause the conditions to Closing to be met as soon as practicable and consistent with other terms contained herein. Buyer shall notify Seller as soon as practicable of any event or matter which may reasonably be expected to prevent the conditions to Buyer's obligations being met.

Appears in 1 contract

Samples: Asset Purchase Agreement (Province Healthcare Co)

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