Common use of Cooperation and Efforts Clause in Contracts

Cooperation and Efforts. Upon the terms and subject to the conditions set forth in this Agreement, Seller and Buyer shall cooperate with each other and use (and shall cause their respective controlled Affiliates to use) their respective commercially reasonable efforts to take or cause to be taken all actions reasonably necessary or advisable on their part under this Agreement to consummate the Transactions as promptly as reasonably practicable and not to take any action after the Execution Date that would reasonably be expected to prevent, materially delay or materially impair the consummation of the Transactions.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Biohaven Research Ltd.), Membership Interest Purchase Agreement (Biohaven Pharmaceutical Holding Co Ltd.)

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Cooperation and Efforts. Upon the terms and subject to the conditions set forth in this Agreement, Seller and Buyer shall cooperate with each other and use (and shall cause their respective controlled Affiliates to use) their respective commercially reasonable best efforts to take or cause to be taken all actions reasonably necessary or advisable on their part under this Agreement to consummate the Transactions as promptly as reasonably practicable and not in any event to take any action after enable the Execution Date that would reasonably be expected Closing to prevent, materially delay occur on or materially impair prior to the consummation of the TransactionsInitial Outside Date.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Cornerstone Building Brands, Inc.)

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Cooperation and Efforts. Upon the terms and subject to the conditions set forth in this Agreement, Seller Sellers and Buyer Buyers shall cooperate with each other and use (and shall cause their respective controlled Affiliates to use) their respective commercially reasonable best efforts to take or cause to be taken all actions (including the satisfaction, but not the waiver, of the Closing conditions set forth in Article V) reasonably necessary or advisable on their part under this Agreement to consummate the Transactions as promptly as reasonably practicable and not in any event to take any action after enable the Execution Date that would reasonably be expected Closing to prevent, materially delay occur on or materially impair prior to the consummation of the TransactionsInitial Outside Date.

Appears in 1 contract

Samples: Equity Purchase Agreement (Baxter International Inc)

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