Common use of Contemporaneous Effectiveness Clause in Contracts

Contemporaneous Effectiveness. All acts and deliveries prescribed by this Article 7, regardless of chronological sequence, will be deemed to occur contemporaneously and simultaneously on the occurrence of the last act or delivery required by this Article, and none of such acts or deliveries will be effective until the last of the same has occurred.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Celestica Inc), Asset Purchase Agreement (Celestica Inc)

Contemporaneous Effectiveness. All acts and deliveries prescribed by this Article 7, regardless of chronological sequence, will be deemed to occur contemporaneously and simultaneously on the occurrence of the last act or delivery required by this Articledelivery, and none of such acts or deliveries will be effective until the last of the same has occurred.. LUCENT TECHNOLOGIES PROPRIETARY USE PURSUANT TO COMPANY INSTRUCTIONS

Appears in 1 contract

Sources: Agreement for the Purchase and Sale of Assets (Tyco International LTD /Ber/)