Common use of Closing Efforts Clause in Contracts

Closing Efforts. Subject to the terms hereof, each of the Parties shall use commercially reasonable efforts to take all actions and to do all things reasonably necessary or advisable to consummate the transactions contemplated by this Agreement, including using commercially reasonable efforts to: (a) obtain all Third Party Consents, (b) effect all Governmental Filings that may be necessary to consummate the transactions contemplated by this Agreement and (c) otherwise comply in all material respects with all applicable laws and regulations in connection with the consummation of the transactions contemplated by this Agreement. The Sellers shall bear any out-of-pocket costs associated with obtaining such Third Party Consents. Each Party promptly shall notify the other Parties of any fact, condition or event known to it that would reasonably be expected to prohibit, make unlawful or delay the consummation of the transactions contemplated by this Agreement.

Closing Efforts. Subject to the terms hereof, each of the Parties shall use commercially reasonable commercial efforts to take all actions and to do all things reasonably necessary or advisable to consummate the transactions contemplated by this Agreement, including using commercially reasonable commercial efforts to: (ai) obtain all Third Party Consents, (bii) effect all Governmental Filings that may be necessary to consummate the transactions contemplated by this Agreement and (ciii) otherwise comply in all material respects with all applicable laws and regulations in connection with the consummation of the transactions contemplated by this Agreement. The Sellers Each Party shall bear any its own out-of-pocket costs associated with obtaining such Third Party Consents. Each Party of the Parties shall promptly shall notify each of the other Parties of any fact, condition or event known to it that would reasonably be expected to prohibit, make unlawful or delay the consummation of the transactions contemplated by this Agreement.