Common use of Simultaneous actions at Completion Clause in Contracts

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

Appears in 2 contracts

Sources: Sale and Purchase Agreement (Verdant Earth Technologies LTD), Sale and Purchase Agreement (Verdant Earth Technologies LTD)

Simultaneous actions at Completion. In respect of Completion: (a) the Obligations obligations of the Vendors and the Buyer parties under this agreement are interdependent; ; (b) unless all obligations 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 of the parties are complied with and fully effective, Completion will not occur; andShares unless the purchase of all the Shares is completed simultaneously.

Appears in 2 contracts

Sources: Share Sale Agreement (Ivanhoe Mines LTD), Share Sale Agreement (NTL Inc/De/)

Simultaneous actions at Completion. In respect of Completion: (a) the Obligations obligations of the Vendors and the Buyer parties under this agreement are interdependent; ; (b) unless all obligations of actions required to be performed will be taken to have occurred simultaneously on the parties are complied with and fully effective, Completion will not occurDate; and (c) the Purchaser and Slinger Bag need not complete the purchase of any Shares unless the purchase of all the Shares is completed simultaneously.

Appears in 1 contract

Sources: Share Purchase Agreement (Slinger Bag Inc.)

Simultaneous actions at Completion. In respect of Completion: (a) the Obligations obligations of the Vendors and the Buyer parties under this agreement are interdependent; ; (b) unless all obligations of actions required to be performed will be taken to have occurred simultaneously on the parties are complied with and fully effective, Completion will not occurDate; and (c) the Purchasers need not complete the purchase of any Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.

Appears in 1 contract

Sources: Share Sale Agreement (ACCO BRANDS Corp)