Common use of Commercially Reasonable Efforts Clause in Contracts

Commercially Reasonable Efforts. Subject to the terms and conditions hereof, each of the parties hereto agrees to use its commercially reasonable efforts consistent with applicable legal requirements to take, or cause to be taken, all action, and to do, or cause to be done, all things necessary or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII hereof are satisfied and to consummate and make effective, in the most expeditious manner practicable, the transactions contemplated by this Agreement.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Nco Group Inc), Agreement and Plan of Merger (Nco Group Inc), Agreement and Plan of Merger (Nco Portfolio Management Inc)

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Commercially Reasonable Efforts. Subject to Upon the terms and subject to the conditions hereof, each of the parties hereto agrees to use its commercially reasonable efforts consistent with applicable legal requirements to take, or cause to be taken, all appropriate action, and to do, do or cause to be done, all things necessary necessary, proper or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII hereof are satisfied and to consummate and make effective, in the most expeditious manner practicable, effective the transactions as contemplated by this Agreement.Contribution Agreement and to cooperate in connection with the foregoing, including commercially reasonable efforts:

Appears in 5 contracts

Samples: Contribution Agreement (Hiland Holdings GP, LP), Contribution Agreement (Alliance Holdings GP, L.P.), Contribution Agreement (Approach Resources Inc)

Commercially Reasonable Efforts. Subject to the terms and conditions hereofherein provided and to applicable legal requirements, each of the parties hereto agrees to use its commercially reasonable efforts consistent with applicable legal requirements to take, or cause to be taken, all action, and to do, or cause to be done, and assist and cooperate with the other parties hereto in doing, as promptly as practicable, all things necessary necessary, proper or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII V hereof are satisfied and to consummate and make effective, in the most expeditious manner practicable, the transactions contemplated by this Agreementsatisfied.

Appears in 5 contracts

Samples: Subordinated Notes and Warrant Purchase Agreement (Sheldahl Inc), Subordinated Notes and Warrant Purchase Agreement (Sheldahl Inc), Notes and Warrant Purchase Agreement (Sheldahl Inc)

Commercially Reasonable Efforts. Subject to (a) Upon the terms and subject to the conditions hereof, each of the parties hereto agrees to use its commercially reasonable efforts consistent with applicable legal requirements to take, or cause to be taken, all action, actions and to do, or cause to be done, all things necessary necessary, proper or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII hereof are satisfied and to consummate and make effective, in the most expeditious manner practicable, effective the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Purchase Agreement (Qwest Communications International Inc), Asset Purchase Agreement (RMS Limited Partnership), Asset Purchase Agreement (Anschutz Digital Media Inc)

Commercially Reasonable Efforts. Subject to Upon the terms and subject to the conditions hereofset forth in this Agreement and in accordance with applicable Laws, each of the parties hereto agrees to this Agreement shall use its commercially reasonable commercial efforts consistent with applicable legal requirements to take, or cause to be taken, all action, actions and to do, or cause to be done, all things necessary necessary, proper or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII hereof ARTICLE VI are satisfied and to consummate and make effective, in the most expeditious manner practicable, the transactions contemplated by this AgreementAgreement as promptly as practicable.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Atari Inc), Agreement and Plan of Merger (Weight Watchers International Inc)

Commercially Reasonable Efforts. Subject to (a) Upon the terms and subject to the conditions hereof, each of the parties hereto agrees to use its commercially reasonable efforts consistent with applicable legal requirements to take, take or cause to be taken, taken all action, actions and to do, do or cause to be done, done all things necessary necessary, proper or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII hereof are satisfied and to consummate the transfer of the Purchased Business and make effective, in the most expeditious manner practicable, Transferred Assets and the transactions contemplated by this Agreement, the Seller Agreements and the Purchaser Agreements and shall use its commercially reasonable efforts to obtain all necessary waivers, consents and approvals and to effect all necessary registrations and filings.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Intelliquest Information Group Inc), Asset Purchase Agreement (Naviant Inc)

Commercially Reasonable Efforts. Subject to the terms and conditions hereofherein provided, each of the parties hereto agrees to use its commercially reasonable efforts consistent with applicable legal requirements to take, or cause to be taken, all action, and to do, or cause to be done, all things necessary or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII III hereof are satisfied and to consummate and make effective, in the most expeditious manner reasonably practicable, the Merger and the other transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Fair Isaac Corp), Agreement and Plan of Merger (Braun Consulting Inc)

Commercially Reasonable Efforts. Subject to the terms and conditions hereofherein provided, each of the parties hereto agrees to use its commercially reasonable efforts consistent with applicable legal requirements to take, or cause to be taken, all action, and to do, or cause to be done, all things necessary or necessary, proper and advisable under applicable laws and regulations to ensure Law that the conditions set forth in Article VII hereof are satisfied and necessary to consummate and make effective, in the most expeditious manner practicable, effective the transactions contemplated by this Agreement and the Purchase Agreement, including, without limitation, obtaining debt financing for the Company.

Appears in 2 contracts

Samples: Contribution Agreement (Smithfield Foods Inc), Contribution Agreement (Smithfield Foods Inc)

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Commercially Reasonable Efforts. Subject to the terms and conditions hereofset forth herein and to applicable legal requirements, each of the parties hereto agrees to shall cooperate and use its their respective commercially reasonable efforts consistent with applicable legal requirements to take, or cause to be taken, all appropriate action, and to do, or cause to be done, and assist and cooperate with the other parties in doing, all things necessary necessary, proper or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII hereof are satisfied and to consummate and make effective, in the most expeditious manner practicable, the transactions contemplated by this AgreementContemplated Transactions, including the satisfaction of the respective conditions set forth in Article VI.

Appears in 2 contracts

Samples: Purchase Agreement (Bz Intermediate Holdings LLC), Stock Purchase Agreement (Sl Green Realty Corp)

Commercially Reasonable Efforts. Subject to Upon the terms and subject to the conditions hereofset forth in this Agreement and in accordance with applicable Laws, each of the parties hereto agrees to this Agreement shall use its commercially reasonable efforts consistent with applicable legal requirements to take, or cause to be taken, all action, actions and to do, or cause to be done, all things necessary necessary, proper or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII hereof V are satisfied and to consummate and make effective, in the most expeditious manner practicable, the transactions contemplated by this AgreementAgreement as promptly as practicable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Wyndham Worldwide Corp)

Commercially Reasonable Efforts. Subject to the terms and conditions hereofherein provided and to applicable legal requirements, each of the parties hereto agrees to use its commercially reasonable efforts consistent with applicable legal requirements to take, or cause to be taken, all action, and to do, or cause to be done, and assist and cooperate with the other parties hereto in doing, as promptly as practicable, all things necessary necessary, proper or proper and advisable under applicable laws and regulations to ensure that the conditions set forth in Article VII hereof IV are satisfied and to consummate and make effective, in the most expeditious manner practicable, the transactions contemplated by this Agreementsatisfied.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sheldahl Inc)

Commercially Reasonable Efforts. Subject In addition to the terms and conditions consistent with Section 6(b) hereof, each of the parties hereto agrees to use its commercially reasonable commercial efforts consistent with applicable legal requirements to take, or cause to be taken, all actionactions, and to do, or cause to be done, all things necessary necessary, proper or proper and advisable under and in compliance with applicable laws and regulations to ensure that the conditions set forth in Article VII hereof are satisfied and to consummate and make effective, in the most expeditious manner practicable, effective the transactions contemplated by this Agreementhereby as promptly and expeditiously as reasonably practicable.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Allscripts Inc /Il)

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