Fulfillment of Conditions. Subject to the terms and conditions of this Agreement, each of the Holders and the Company will take or cause to be taken all commercially reasonable steps necessary or desirable and proceed diligently and in good faith to satisfy each condition to the other's obligations contained in this Agreement and to consummate and make effective the transactions contemplated by this Agreement, and neither the Holders nor the Company will take or fail to take any action that could be reasonably expected to result in the nonfulfillment of any such condition.
Appears in 3 contracts
Samples: Restructuring Agreement (Viskase Companies Inc), Restructuring Agreement (Viskase Companies Inc), Restructuring Agreement (Viskase Companies Inc)
Fulfillment of Conditions. Subject to the terms and conditions of this Agreement, each of the Holders and the Company will take or cause to be taken all commercially reasonable steps necessary or desirable and will proceed diligently and in good faith to satisfy each condition to the other's its obligations contained in this Agreement and to consummate and make effective the transactions contemplated by this Agreement, and neither the Holders nor the Company will not, nor will it permit any of its Subsidiaries to, take or fail to take any action that could would reasonably be reasonably expected to result in the nonfulfillment of any such condition.
Appears in 3 contracts
Samples: Agreement and Plan of Merger, Amended and Restated Agreement and Plan of Merger, Agreement and Plan of Merger (Pacificorp /Or/)
Fulfillment of Conditions. Subject to the terms and conditions of this Agreement, each of the Holders Purchasers and the Company will take or cause to be taken all commercially reasonable steps necessary or desirable and proceed diligently and in good faith to satisfy each condition to the other's obligations contained in this Agreement and to consummate and make effective the transactions contemplated by this Agreement, and neither the Holders Purchasers nor the Company will, nor will it permit any of its Subsidiaries to, take or fail to take any action that could be reasonably expected to result in the nonfulfillment of any such condition.
Appears in 2 contracts
Samples: Subscription Agreement (Midmark Capital Lp), Subscription Agreement (Vertex Industries Inc)
Fulfillment of Conditions. Subject to the terms and conditions of this Agreement, each of the Holders and the Company will take or cause to be taken all commercially reasonable steps necessary or desirable and proceed diligently and in good faith to satisfy each condition to the other's obligations contained in this Agreement and to consummate and make effective the transactions contemplated by this Agreement, and neither the Holders nor the Company will take or fail to take any action that could be reasonably expected to result in the nonfulfillment of any such condition.. 20
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Fulfillment of Conditions. Subject to the terms and conditions of this Agreement, each of the Holders and the Company will take or cause to be taken all commercially reasonable steps necessary or desirable and proceed diligently and in good faith to satisfy each condition to the other's obligations contained in this Agreement and to consummate and make effective the Merger and other transactions contemplated by this Agreement, and neither the Holders nor the Company will not, nor will it permit any of its Subsidiaries to, take or fail to take any action that could be reasonably expected to result in the nonfulfillment of any such condition.. (u)
Appears in 1 contract
Samples: Agreement and Plan of Merger (New England Electric System)
Fulfillment of Conditions. Subject to the terms and conditions of this Agreement, each of the Holders MM and the Company will take or cause to be taken all commercially reasonable steps necessary or desirable and proceed diligently and in good faith to satisfy each condition to the other's ’s obligations contained in this Agreement and to consummate and make effective the transactions contemplated by this Agreementhereby, and neither the Holders MM nor the Company will, nor will it permit any of its subsidiaries to, take or fail to take any action that could be reasonably expected to result in the nonfulfillment of any such condition.
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