Common use of Taking of Necessary Action Clause in Contracts

Taking of Necessary Action. (a) Each party hereto agrees to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction Documents, subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 to be satisfied.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Prometheus Assisted Living LLC), Stock and Note Purchase Agreement (Prometheus Assisted Living LLC), Stock Purchase Agreement (Arv Assisted Living Inc)

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Taking of Necessary Action. (a) Each party hereto agrees to use its commercially reasonable best efforts promptly to take or cause to be taken all action actions and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction DocumentsAgreement, subject to the terms and conditions hereof and thereofhereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 6 to be satisfied.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Storage Usa Inc), Purchase and Sale Agreement (Security Capital Group Inc/)

Taking of Necessary Action. (a) Each party hereto agrees to use their best-efforts promptly to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement Agreement, the Registration Rights Agreement, Amendment No. 9 and the Transaction DocumentsLock-Up Letter, subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 to be satisfied.

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement (Home Properties of New York Inc)

Taking of Necessary Action. (a) Each party hereto agrees to use its commercially reasonable efforts to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction Documents, subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 to be satisfied.

Appears in 1 contract

Samples: Securities Purchase Agreement (Price Enterprises Inc)

Taking of Necessary Action. (a) Each party hereto agrees to use promptly its commercially reasonable best efforts to take or cause to be taken all action and promptly to do or cause to be done promptly all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction Documents, subject to the terms and conditions hereof and thereofAgreement, including all actions and things necessary to cause all conditions precedent set forth in Article 7 SECTION 6 to be satisfied.

Appears in 1 contract

Samples: Stock Purchase Agreement (Winokur Herbert S Jr)

Taking of Necessary Action. (a) Each party hereto agrees to use its commercially reasonable best efforts promptly to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction DocumentsMerger Agreement, subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 to be satisfiedof the Merger Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (American Industrial Properties Reit Inc)

Taking of Necessary Action. (a) Each party hereto agrees to use its commercially reasonable best efforts promptly to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and Agreement, the Transaction Amended Partnership Agreement, the Reorganization Documents, subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 to be satisfied.Buyer

Appears in 1 contract

Samples: Preferred Units and Stock Purchase Agreement (Ramco Gershenson Properties Trust)

Taking of Necessary Action. (a) Each party hereto agrees to use its commercially reasonable best efforts promptly to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction DocumentsRegistration Rights Agreement, subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 to be satisfied.

Appears in 1 contract

Samples: Securities Purchase Agreement (Futurelink Corp)

Taking of Necessary Action. (a) Each party of the parties hereto agrees to use commercially reasonable efforts to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction Documents, subject to the terms and conditions hereof and thereofAgreement, including all actions and things which are necessary to cause all the conditions precedent set forth in Article 7 VIII to be satisfiedfulfilled.

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement (Enhance Financial Services Group Inc)

Taking of Necessary Action. (a) Each party hereto agrees to use its commercially reasonable best efforts promptly to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction Documents, Registration Rights Agreement subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 to be satisfied.

Appears in 1 contract

Samples: Securities Purchase Agreement (Futurelink Corp)

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Taking of Necessary Action. (a) Each party hereto agrees to use its commercially reasonable best efforts promptly to take or cause to be taken all action and promptly to do or cause to be done all things reasonably necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction DocumentsAgreement, subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 to be satisfiedof this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Progressive Corp/Oh/)

Taking of Necessary Action. (a) Each party hereto agrees to use its commercially reasonable best efforts promptly to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction DocumentsRegistration Rights Agreement, subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 VI to be satisfied.

Appears in 1 contract

Samples: Securities Purchase Agreement (Futurelink Corp)

Taking of Necessary Action. (a) Each party Subject to the terms and conditions of this Agreement, each of the parties hereto agrees agrees, subject to applicable laws, to use all reasonable best efforts promptly to take or cause to be taken all action and to promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and Agreement. Each party shall cooperate with the Transaction Documents, subject others in good faith to help the terms and conditions hereof and thereof, including others satisfy their obligations hereunder. The applicable parties shall take all actions and things such necessary to cause all conditions precedent set forth in Article 7 to be satisfiedaction.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Weatherford International Inc /New/)

Taking of Necessary Action. (a) Each party hereto agrees to use promptly its commercially reasonable best efforts to take or cause to be taken all action and promptly to do or cause to be done promptly all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement and the Transaction Documents, subject to the terms and conditions hereof and thereofAgreement, including all actions and things necessary to cause all conditions precedent set forth in Article 7 Section 6 to be satisfied.. ---------

Appears in 1 contract

Samples: Stock Purchase Agreement (WMF Group LTD)

Taking of Necessary Action. (a) Each party hereto agrees to use their best efforts promptly to take or cause to be taken all action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the transactions contemplated by this Agreement Amendment, the Articles Supplementary, the Amendment to the Registration Rights Agreement, the Amendment to the Lock Up Letter and the Transaction DocumentsAmendment No. 26, subject to the terms and conditions hereof and thereof, including all actions and things necessary to cause all conditions precedent set forth in Article 7 to be satisfied.

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement and Exchange Agreement (Home Properties of New York Inc)

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