Common use of Simultaneous Closing Clause in Contracts

Simultaneous Closing. All actions taken at the Closing are to be part of a simultaneous transaction, and no action is to be considered completed until all actions necessary to be completed at the Closing have been completed.

Appears in 7 contracts

Sources: Purchase and Sale Agreement (Timberline Resources Corp), Limited Liability Company Unit Purchase and Sale Agreement (American Midstream Partners, LP), Contribution Agreement (Gryphon Gold Corp)