Concurrent Conditions. The performance or tender of performance at Closing of all matters applicable to a Party under this Agreement shall be deemed concurrent conditions and no Party shall be required at Closing to perform, or tender performance of, the obligations of such Party hereunder unless, coincident therewith, each other Party from whom performance is required under this Agreement performs or tenders performance of its obligations hereunder.
Appears in 6 contracts
Samples: Stock Purchase Agreement (Group 1 Automotive Inc), Agreement and Plan of Reorganization (Palweb Corp), Merger Agreement (Pre Paid Legal Services Inc)
Concurrent Conditions. The performance or tender of performance at Closing of all matters applicable to a Party party at the Closing under this Agreement shall be deemed concurrent conditions and no Party party shall be required at Closing to perform, or tender performance of, the obligations of such Party party hereunder unless, coincident therewith, each other Party from party for whom performance is required under this Agreement performs or tenders performance of its obligations hereunder.
Appears in 4 contracts
Samples: Acquisition Agreement (Cranberg Alex), Acquisition Agreement (Xplor Energy Inc), Acquisition Agreement (Johnson Michael E)
Concurrent Conditions. The performance or tender of performance at Closing of all matters applicable to a Party party under this Agreement shall be deemed concurrent conditions and no Party party shall be required at Closing to perform, or tender performance of, the obligations of such Party party hereunder unless, coincident therewith, each other Party party from whom performance is required under this Agreement performs or tenders performance of its obligations hereunder.
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