Common use of BEST EFFORTS TO CLOSE Clause in Contracts

BEST EFFORTS TO CLOSE. The Parties shall use their respective best efforts to cause all necessary action to be taken in order to have all of the conditions precedent for Closing to be fulfilled as promptly as practicable and to have all deliveries as provided in Section 3.4 made timely and properly. Unless Closing has taken place by December 31, 1999 either Party may cancel this Agreement without prejudice to the confidentiality obligations set out in Section 7.1 hereof or to any remedies available to the Parties hereunder or under law.

Appears in 1 contract

Samples: Distribution Transition Agreement (Biomagnetic Technologies Inc)

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BEST EFFORTS TO CLOSE. The Parties shall use their respective best efforts to cause all necessary action to be taken in order to have all of the conditions precedent for the Closing to be fulfilled as promptly as practicable and to have all deliveries made timely and properly as provided in Section 3.4 made timely and properly5.4. Unless the Closing has taken place by December 31June 29, 1999 1998, either Party may cancel this Agreement without prejudice upon written notice to the confidentiality obligations set out in Section 7.1 hereof or to any remedies available to the Parties hereunder or under lawother party.

Appears in 1 contract

Samples: Share Purchase Agreement (Networks Associates Inc/)

BEST EFFORTS TO CLOSE. 3.1. The Parties shall use their respective best efforts to cause all necessary action to be taken in order to have all of complete the conditions precedent for Closing to be fulfilled as promptly as practicable and to have all deliveries as provided in Section 3.4 made timely and properlyby October 23, 2002. Unless Closing has taken place occurred by December 31, 1999 this date either Party may cancel this Agreement without prejudice to the confidentiality obligations set out in Section 7.1 hereof 7, or to any remedies available to the Parties hereunder under this Agreement or under law.

Appears in 1 contract

Samples: Share Purchase Agreement (4-D Neuroimaging)

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BEST EFFORTS TO CLOSE. The Parties shall use their respective best efforts to cause all necessary action to be taken in order to have all of the conditions precedent for the Closing to be fulfilled as promptly as practicable and to have all deliveries made timely and properly as provided in Section 3.4 made timely and properly. Unless Closing has taken place by December 31, 1999 either Party may cancel this Agreement without prejudice to the confidentiality obligations set out in Section 7.1 hereof or to any remedies available to the Parties hereunder or under law5.4.

Appears in 1 contract

Samples: Share Purchase Agreement (Network Associates Inc)

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