Respective Conditions Clause Samples
The 'Respective Conditions' clause defines the specific obligations or requirements that each party must fulfill under an agreement. In practice, this clause outlines what each side is responsible for, such as delivering goods, making payments, or providing information, and may specify timelines or standards for performance. By clearly delineating these responsibilities, the clause helps prevent misunderstandings and ensures that both parties are aware of their individual duties, thereby promoting smooth contract execution and reducing the risk of disputes.
Respective Conditions. By Buyer on the one hand or by Shareholders or Corporation on the other hand if the conditions precedent to their respective obligations contained in Articles 5 or 6 hereof have not been met in all material respects through no fault of the terminating party by September 30, 1998.
Respective Conditions. By Buyer or by Seller if, as of May 15, 2008, the conditions precedent to their respective obligations contained in Sections 7.2 or 7.3 hereof have not been met in all material respects through no fault of the terminating party.
Respective Conditions. By Buyer or by Seller if the conditions precedent to their respective obligations contained in Sections 8.2 or 8.3 have not been met in all material respects through no fault of the terminating party.
Respective Conditions. By Buyer on the one hand or by Seller on the other hand if the conditions precedent to their respective obligations contained in Section 6.2 or 6.3 hereof, respectively, have not been met in all material respects through no fault of the terminating party.
Respective Conditions. By Schawk on the one hand or by Stockholders on the other hand if the conditions precedent to their respective obligations contained in Sections 8.2 or 8.3 hereof have not been met in all material respects on or prior to January 31, 2005, other than through the failure of any party seeking to terminate this Agreement to comply fully with its obligations under this Agreement.
Respective Conditions. By Methode on the one hand or by Gemtron on the other hand if the conditions precedent to its respective obligations contained in Sections 8.2 or 8.3 hereof have not been met in all material respects at the Closing through no fault of the terminating party by January 31, 2007, or such later date as may be agreed to by Methode and Gemtron (the “Termination Date”).