Common use of One Transaction Clause in Contracts

One Transaction. All actions and transactions set forth in previous Section 7.2 and 7.3 shall be regarded as one and a single transaction so that, at the option of the Party having interest to the carrying out of the specific action or transaction, no action or transaction shall be deemed to have taken place if and until all other actions and transactions constituting the Closing shall have taken place as provided in this Agreement.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Gardner Denver Inc)

One Transaction. All It is agreed that all actions and transactions set forth constituting the Closing pursuant to Sections 2.11 and 2.12 (including the completion of the Contribution in previous Section 7.2 Kind and 7.3 the sale of the Shares) shall be regarded as one and a single transaction so that, at the option of the Party having interest to in the carrying out of the specific action or transaction, no action or transaction shall be deemed to have taken place if unless and until all other actions and transactions constituting the Closing shall have taken place as provided in this Agreement.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Dresser Inc)