Unless otherwise indicated. (i) Each of the parties hereto agrees to use commercially reasonable efforts to bring about the fulfillment of the conditions precedent to the Stage II Closing. (ii) Subject to the terms and conditions provided herein, each of the parties hereto agrees to (A) use commercially reasonable efforts to take, or cause to be taken, all action and to do, or cause to be done, all things necessary, proper or advisable under applicable law and regulation to consummate and make effective the Stage II Transactions in accordance with the terms of this Agreement and (B) cooperate following the Stage II Closing in the taking of any actions necessary or desirable in order to effect the purposes of this Agreement with respect to the Stage II Transactions. (iii) Each party hereto shall promptly inform each of the other parties hereto of any circumstance or set of circumstances which could reasonably be expected to impair such party's ability to perform any of its obligations under this Agreement.
Appears in 3 contracts
Sources: Master Agreement (Nucentrix Broadband Networks Inc), Master Agreement (Cai Wireless Systems Inc), Master Agreement (Nucentrix Broadband Networks Inc)