Common use of Good Faith Cooperation; Further Assurances Clause in Contracts

Good Faith Cooperation; Further Assurances. Each Party hereby covenants and agrees to cooperate with each other in good faith in connection with, and shall exercise commercially reasonable efforts with respect to, the pursuit, approval, implementation, and consummation of the Restructuring Transactions, as well as the negotiation, drafting, execution, and delivery of the Definitive Documentation. Subject to the terms hereof, the Parties shall take such action as may be reasonably necessary or reasonably requested by any Party to carry out the purposes and intent of this Agreement, and shall refrain from taking any action that would frustrate the purposes and intent of this Agreement.

Appears in 3 contracts

Samples: Plan Sponsor Agreement (Aerocentury Corp), Plan Sponsor Agreement (Aerocentury Corp), Plan Sponsor Agreement (Aerocentury Corp)

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Good Faith Cooperation; Further Assurances. Each Party hereby covenants and agrees to cooperate with each other in good faith in connection with, and shall exercise commercially reasonable efforts with respect to, the pursuit, approval, implementation, and consummation of the Restructuring TransactionsRestructuring, as well as the negotiation, drafting, execution, and delivery of the Definitive Documentation. Subject Furthermore, subject to the terms hereof, the Parties shall take such action as may be reasonably necessary or reasonably requested by any Party to carry out the purposes and intent of this Agreement, and shall refrain from taking any action that would frustrate the purposes and intent of this Agreement.

Appears in 1 contract

Samples: Plan Sponsor Agreement (Violin Memory Inc)

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Good Faith Cooperation; Further Assurances. Each Party hereby covenants and agrees to cooperate with each other in good faith in connection with, and shall exercise commercially reasonable best efforts with respect to, the pursuit, approval, implementation, implementation and consummation of the Restructuring TransactionsTransaction, as well as the negotiation, drafting, execution, execution and delivery of the Definitive DocumentationDocuments. Subject Furthermore, subject to the terms hereof, each of the Parties shall take such action as may be reasonably necessary or reasonably requested by any Party the other Parties to carry out the purposes and intent of this Agreement, and shall refrain from taking any action that would frustrate the purposes and intent of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement

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