Common use of Vendor’s Conditions Clause in Contracts

Vendor’s Conditions. The Vendor shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the Vendor, and may be waived by the Vendor in whole or in part, without prejudice to any of its rights of termination in the event of non-fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendor only if made in writing. The Purchaser shall take all such actions, steps and proceedings as are reasonably within the Purchaser’s control as may be necessary to ensure that the conditions listed below in this Section 8.2 are fulfilled at or before the Closing Time.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement

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Vendor’s Conditions. The Vendor Vendors shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the VendorVendors, and may be waived by the Vendor Vendors in whole or in part, without prejudice to any of its their rights of termination in the event of non-non- fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendor Vendors only if made in writing. The Purchaser shall take all such actions, steps and proceedings as are reasonably within the Purchaser’s control as may be necessary to ensure that the conditions listed below in this Section 8.2 are fulfilled at or before the Closing Time.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Vendor’s Conditions. The Vendor Vendors shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 9.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the VendorVendors, and may be waived by the Vendor Vendors in whole or in part, without prejudice to any of its their rights of termination in the event of non-non- fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendor Vendors only if made in writing. The Purchaser shall take all such actions, steps and proceedings as are reasonably within the Purchaser’s control as may be necessary to ensure that the conditions listed below in this Section 8.2 9.2 are fulfilled at or before the Closing Time.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Vendor’s Conditions. The Vendor Vendors shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the VendorVendors, and may be waived by the Vendor Vendors in whole or in part, without prejudice to any of its their rights of termination in the event of non-non- fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendor Vendors only if made in writing. The Vendors and the Purchaser shall take all such actions, steps and proceedings as are reasonably within their control, subject to the Purchaser’s control CCAA and any Governmental Order of the Court, as may be necessary to ensure that the conditions listed below in this Section 8.2 are fulfilled at or before the Closing Time.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Vendor’s Conditions. The Vendor shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 7.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the Vendor, and may be waived by the Vendor in whole or in part, without prejudice to any of its rights of termination in the event of non-fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendor only if made in writing. The Purchaser shall take all such actions, steps and proceedings as are reasonably within the Purchaser’s control as may be necessary to ensure that the conditions listed below in this Section 8.2 7.2 are fulfilled at or before the Closing Time.

Appears in 1 contract

Samples: Asset Purchase Agreement

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