Common use of Conditions for the Benefit of the Vendor Clause in Contracts

Conditions for the Benefit of the Vendor. The transactions herein contemplated, including the sale and purchase of the Purchased Assets in accordance with the terms of this Agreement, are subject to the following conditions, each of which is hereby declared to be for the exclusive benefit of the Vendor. Each of such conditions is to be fulfilled and/or performed at or prior to the Time of Closing. The Purchaser covenants and agrees to use commercially reasonable efforts to cause each of such conditions to be fulfilled and/or performed at or prior to the Time of Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (United Stationers Supply Co), Asset Purchase Agreement (McSi Inc)

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Conditions for the Benefit of the Vendor. The transactions herein contemplated, including the sale and purchase of the Purchased Assets in accordance with the terms of this Agreement, are subject to the following conditionsconditions precedent set out in this Section 6.2, each of which is hereby declared to be for the exclusive benefit of the Vendor. Each of such conditions is to be fulfilled and/or performed satisfied in full at or prior to the Time of ClosingClosing Time. The Purchaser covenants and agrees to use commercially its reasonable commercial efforts to cause each of such conditions to be fulfilled and/or performed at or prior to the Time of ClosingClosing Time.

Appears in 1 contract

Samples: Agreement (Cascade Corp)

Conditions for the Benefit of the Vendor. The transactions herein contemplated, including the sale and purchase of the Purchased Assets in accordance with the terms of this Agreement, are subject to the following conditionsconditions precedent set out in this Section 6.2, each of which is hereby declared to be for the exclusive benefit of the Vendor. Each of such conditions is to be fulfilled and/or performed satisfied in full at or prior to the Time of ClosingClosing Time. The Purchaser covenants and agrees to use commercially its reasonable efforts to cause each of such conditions to be fulfilled and/or performed at or prior to the Time of ClosingClosing Time.

Appears in 1 contract

Samples: Asset Purchase Agreement (Draxis Health Inc /Cn/)

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Conditions for the Benefit of the Vendor. The transactions herein contemplated, including the sale and purchase of the Business and the Purchased Assets in accordance with the terms of this Agreement, are subject to the following conditions, each of which is hereby declared to be for the exclusive benefit of the Vendor. Each of such conditions is to be fulfilled and/or or performed at or prior to the Time of Closing. The Purchaser covenants and agrees to use commercially reasonable its best efforts to cause each of such conditions to be fulfilled and/or or performed at or prior to the Time of Closing.:

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (ChromaDex Corp.)

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