Common use of Commercially Reasonable Efforts to Close Clause in Contracts

Commercially Reasonable Efforts to Close. Each of the Company and Investors will use commercially reasonable efforts in good faith to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary under applicable Laws so as to permit consummation of the transactions contemplated hereby as promptly as practicable and otherwise to enable consummation of the transactions contemplated hereby and shall cooperate reasonably with the other party hereto to that end.

Appears in 2 contracts

Samples: Investment Agreement (Capital Senior Living Corp), Investment Agreement (Capital Senior Living Corp)

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Commercially Reasonable Efforts to Close. Each of the The Company and Investors Purchasers will each use commercially reasonable efforts in good faith to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary under applicable Laws so as to permit consummation of the transactions contemplated hereby as promptly as practicable and otherwise to enable consummation of the transactions contemplated hereby and shall cooperate reasonably with the other party parties hereto to that end.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Sonida Senior Living, Inc.), Securities Purchase Agreement (Levinson Sam)

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Commercially Reasonable Efforts to Close. Each of the The Company and Investors the Purchasers will use commercially reasonable efforts in good faith to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary under applicable Laws so as to permit consummation of the transactions contemplated hereby Transactions as promptly as practicable and otherwise to enable consummation of the transactions contemplated hereby Transactions and shall cooperate reasonably and in good faith with the other party hereto to that end.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Eastman Kodak Co)

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