Common use of Simultaneous Transactions Clause in Contracts

Simultaneous Transactions. All actions taken and transactions consummated at the Closing shall be deemed to have occurred simultaneously, and no such transaction shall be considered consummated unless all are consummated.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Cliffs Natural Resources Inc.), Asset Purchase Agreement (James River Coal CO), Asset Purchase Agreement (James River Coal CO)

AutoNDA by SimpleDocs

Simultaneous Transactions. All actions taken and transactions consummated at the Closing shall be deemed to have occurred simultaneously, and no such transaction shall be considered consummated unless all are consummated.; provided that, for the avoidance of doubt, the Restructuring Steps shall, or shall be deemed to, occur at the times and in the sequence set forth in Schedule B.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Contura Energy, Inc.), Asset Purchase Agreement (Contura Energy, Inc.), Asset Purchase Agreement (Alpha Natural Resources, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.