Common use of Conditional Delivery of Closing Documents Clause in Contracts

Conditional Delivery of Closing Documents. In order to expedite Closing, each Party shall have the right to execute and deliver Closing Documents (in the forms required by this Agreement and dated as of the Closing Date determined in accordance with this Agreement) to the other Party prior to Closing. Each such delivery prior to Closing shall be subject to the conditions subsequent (without the necessity of the delivering Party repeating such conditions upon any such delivery) that (i) each such delivery shall be effective only upon the completion of Closing in accordance with this Agreement, and (ii) if this Agreement is terminated or if Closing is not completed prior to the date herein specified for Closing, then the receiving Party shall promptly return all such Closing Documents to the delivering Party.

Conditional Delivery of Closing Documents. In order to expedite Closing, each Party party shall have the right to execute and deliver Closing Documents closing documents (substantially in the forms required by this Agreement and dated as of the Closing Date determined in accordance with this AgreementDate) to the other Party party prior to Closing. Each such delivery prior to Closing shall be subject to the conditions subsequent (without the necessity of the delivering Party party repeating such conditions upon any such delivery) that (ia) each such delivery shall be effective only upon the completion of Closing in accordance with this Agreement, and (iib) if this Agreement is terminated for any reason or if Closing is not completed on or prior to the date herein specified for ClosingClosing Date, then the receiving Party party shall promptly return all such Closing Documents documents to the delivering Partyparty.