Common use of Joint Undertaking Clause in Contracts

Joint Undertaking. In addition to the obligations expressly required to be performed hereunder by each Contributor and Acquiror, each party agrees to cooperate with the other and to perform such other acts and to execute, acknowledge and deliver, before and after the Closing, such other instruments, documents and materials as a party may reasonably request and as shall be necessary in order to effect the consummation of the transactions contemplated hereby; provided that no such other instrument, document or material shall either extend or enlarge the obligations of the non-requesting party beyond the express undertakings of this Agreement or shall require or could require the non-requesting party to make any payment or expend any funds which are not expressly provided for herein.

Appears in 2 contracts

Samples: Contribution Agreement (GMH Communities Trust), Contribution Agreement (GMH Communities Trust)

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Joint Undertaking. In addition to the obligations expressly required to be performed hereunder by each Contributor Seller and AcquirorBuyer, each party agrees to cooperate with the other and to perform such other acts and to execute, acknowledge and deliver, before prior to and after the ClosingSettlement, such other instruments, documents and materials as a party may reasonably request and as shall be necessary in order to effect the consummation of the transactions contemplated hereby; provided that no such other instrument, document or material shall either extend or enlarge the obligations of the non-requesting party beyond the express undertakings of this Agreement or shall require or could require the non-requesting party to make any payment or expend any funds which are not expressly provided for hereinherein or which the requesting party shall not reimburse. This Section shall survive Settlement.

Appears in 2 contracts

Samples: Agreement of Sale (Lenox Group Inc), Agreement of Sale (Lenox Group Inc)

Joint Undertaking. In addition to the obligations expressly required to be performed hereunder under this Agreement by each Contributor Seller and AcquirorBuyer, each party Party agrees to cooperate with the other and to perform such other acts and to execute, acknowledge and deliver, deliver before and after the Closing, such other instruments, documents and materials material as a party Party may reasonably request and as shall be necessary in order to effect the consummation of the transactions contemplated herebyunder this Agreement; provided that no such other instrument, document or material shall either extend or enlarge the obligations of the non-requesting party Party beyond the express undertakings of this Agreement or shall require or could require the non-requesting party Party to make any payment or expend to incur any funds which are not expressly provided for hereinmaterial expense (including without limitation material legal fees), unless the requesting Party shall promptly reimburse the non-requesting Party.

Appears in 2 contracts

Samples: Agreement for Sale and Purchase (Resource Real Estate Opportunity REIT, Inc.), Agreement for Sale and Purchase

Joint Undertaking. In addition to the obligations expressly required to be performed hereunder by each the Contributor and Acquiror, each party agrees to cooperate with the other and to perform such other acts and to execute, acknowledge and deliver, before and after the Closing, such other instruments, documents and materials as a party may reasonably request and as shall be necessary in order to effect the consummation of the transactions contemplated hereby; provided that no such other instrument, document or material shall either extend or enlarge the obligations of the non-requesting party beyond the express undertakings of this Agreement or shall require or could require the non-requesting party to make any payment or expend any funds which are not expressly provided for herein.

Appears in 1 contract

Samples: Contribution Agreement (GMH Communities Trust)

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Joint Undertaking. In addition to the obligations expressly required to be performed hereunder by each Contributor Contributors and Acquiror, each party agrees to cooperate with the other and to perform such other acts and to execute, acknowledge and deliver, before and after the Closing, such other instruments, documents and materials as a party may reasonably request and as shall be necessary in order to effect the consummation of the transactions contemplated hereby; provided that no such other instrument, document or material shall either extend or enlarge the obligations of the non-requesting party beyond the express undertakings of this Agreement or shall require or could require the non-requesting party to make any payment or expend any funds which are not expressly provided for herein.

Appears in 1 contract

Samples: Contribution Agreement (GMH Communities Trust)

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