Simultaneous actions at Completion Sample Clauses
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Simultaneous actions at Completion. In respect of Completion:
(a) the Obligations of the Vendors and the Buyer under this agreement are interdependent; (b) unless all obligations of the parties are complied with and fully effective, Completion will not occur; and
Simultaneous actions at Completion. (a) The obligations of the parties under this document are interdependent and all actions required to be performed on or at Completion will be taken to have occurred simultaneously on the Second Placement Completion Date.
(b) No delivery or payment will be deemed to have been made at Second Placement Completion until all deliveries and payments due to be made at Second Placement Completion have been made.
Simultaneous actions at Completion. In respect of Completion:
(a) the obligations of the parties under this agreement are interdependent;
(b) all actions required to be performed will be taken to have occurred simultaneously on the Completion Date; and
(c) the Purchaser need not complete the purchase of any Shares unless the purchase of all the Shares is completed simultaneously.
Simultaneous actions at Completion. In respect of Completion:
(a) the obligations of the parties under this agreement are interdependent; and
(b) unless otherwise stated, all actions required to be performed by a party at Completion are taken to have occurred simultaneously on the Completion Date.
Simultaneous actions at Completion. No party is obliged to complete this Agreement unless the other parties comply with all their obligations under this Clause 4 and Schedule 3 (Completion Requirements).
Simultaneous actions at Completion. Unless otherwise stated, all actions required to be performed by a party at Completion are taken to have occurred simultaneously on the Completion Date and no delivery is taken to have been made until all deliveries under this Agreement due to be made are made.
Simultaneous actions at Completion. In respect of Completion:
(a) the obligations of Cerro and Spinco under this document are interdependent; and
(b) all actions required to be performed will be taken to have occurred simultaneously on the Asset Transfer Implementation Date.
Simultaneous actions at Completion. (a) In respect of Completion:
(i) the obligations of the parties under this agreement are interdependent;
(ii) all actions required to be performed will be taken to have occurred simultaneously on Completion and no delivery or payment at Completion will be deemed to have been made until all such deliveries and payments have been made; and
(iii) the Purchaser need not complete the purchase of any of the Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.
(b) If an action in this clause 4 does not take place, then without prejudice to any rights available to any party as a consequence:
(i) there is no obligation on any party to undertake or perform any of the other actions;
(ii) to the extent that such actions have already been undertaken, the parties must do everything reasonably required to reverse those actions; and
(iii) the parties must each return to the other all documents delivered to it under this agreement and must each repay to the other all payments received by it under this agreement, without prejudice to any other rights any party may have in respect of that failure.
(c) Notwithstanding any other provision of this agreement, if Completion does not occur in accordance with this clause 4 because of the failure of any party (Defaulting Party) to satisfy any of its obligations under this clause 4 then:
(i) the Purchaser (where the Defaulting Party is a Vendor); or
(ii) any Vendor (where the Defaulting Party is the Purchaser), (in either case the Non-Defaulting Party) may give the Defaulting Party a notice requiring the Defaulting Party to satisfy those obligations within a period of 5 Business Days after the date of the notice and specifying that time is of the essence in relation to that notice.
(d) If the Defaulting Party fails to comply with a notice given under clause 4.4(c), the Non- Defaulting Party may without limiting its other rights or remedies available under this agreement or at law:
(i) immediately terminate this agreement, in which case the Non-Defaulting Party may seek damages for breach of this agreement; or
(ii) seek specific performance of this agreement, in which case:
(A) if specific performance is obtained, the Non-Defaulting Party may also seek damages for breach of this agreement; and
(B) if specific performance is not obtained, the Non-Defaulting Party may then terminate this agreement and may seek damages for breach of this agreement.
Simultaneous actions at Completion. In respect of Completion:
(a) the obligations of each Party under this agreement are interdependent;
(b) all actions required to be performed will be taken to have occurred simultaneously on the Completion Date; and
(c) no Party shall be obliged to complete the sale and purchase of any part of the CN unless the sale and purchase of the entire CN is completed simultaneously.
Simultaneous actions at Completion. In respect of Completion:
7.4.1 the obligations of the parties under this agreement are interdependent;
7.4.2 all actions required to be performed will be taken to have occurred simultaneously on the Completion Date; and
7.4.3 the Buyer need not complete the purchase of any of the Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.
