Common use of Efforts to Close Clause in Contracts

Efforts to Close. Buyer shall use commercially reasonable efforts to satisfy all of the conditions precedent set forth in Section 8 to the extent that ▇▇▇▇▇’s action or inaction can control or influence the satisfaction of such conditions as promptly as practicable. Notwithstanding the foregoing or anything contrary in the Agreement, in no event shall Buyer or any of its Affiliates be obligated to litigate, pursue or defend against any proceeding (including any temporary restraining order or preliminary injunction) challenging the transactions contemplated by this Agreement as violative of applicable law.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Community Health Systems Inc), Asset Purchase Agreement (Community Health Systems Inc)

Efforts to Close. Buyer Buyers shall use commercially their reasonable commercial efforts to satisfy all of the conditions precedent set forth in Section 8 to the extent that ▇▇▇▇▇’s Buyers’ action or inaction can control or influence the satisfaction of such conditions as promptly as practicableconditions, in a good faith effort to have Closing occur on or before November 30, 2023. Notwithstanding the foregoing or anything contrary in the this Agreement, in no event shall Buyer Buyers or any of its their Affiliates be obligated to litigate, pursue or defend against any proceeding (including any temporary restraining order or preliminary injunction) challenging the transactions contemplated by this Agreement as violative of applicable law.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Community Health Systems Inc), Asset Purchase Agreement (Community Health Systems Inc)

Efforts to Close. Buyer shall use commercially reasonable efforts to satisfy all of the conditions precedent set forth in Section 8 to the extent that ▇▇▇▇▇Buyer’s action or inaction can control or influence the satisfaction of such conditions conditions, so that the Closing will occur on or before February 1, 2019. Without limiting the forgoing, Buyer shall cooperate with Sellers’ efforts to obtain the material consents identified on Schedule 7.9 and provide any financial information as promptly as practicable. Notwithstanding may be reasonably requested by the foregoing or anything contrary applicable vendors in connection with the Agreement, in no event shall Buyer or any seeking of its Affiliates be obligated to litigate, pursue or defend against any proceeding (including any temporary restraining order or preliminary injunction) challenging the transactions contemplated by this Agreement as violative of applicable lawsuch consents.

Appears in 1 contract

Sources: Asset Purchase Agreement (Rennova Health, Inc.)