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

Conditions for the Benefit of the Vendors. The transactions contemplated by this Agreement, including the sale and purchase of the Purchased Assets, are subject to the satisfaction of, or compliance with, at or before the Closing Time, each of the conditions in this Section 6.2, each of which is for the exclusive benefit of the Vendors and may be waived, in whole or in part, by the Vendors in their sole discretion.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tetra Technologies Inc)

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Conditions for the Benefit of the Vendors. The transactions contemplated by this Agreement, including the sale and purchase of the Purchased AssetsUnits, are subject to the satisfaction of, or compliance with, at or before the Closing Time, each of the conditions in this Section 6.25.2, each of which is for the exclusive benefit of the Vendors and may be waived, in whole or in part, by any of the Vendors in their sole discretion.

Appears in 1 contract

Samples: Unit and Membership Interest Purchase Agreement

Conditions for the Benefit of the Vendors. The transactions contemplated by this Agreementherein contemplated, including the sale and purchase of the Purchased AssetsShares in accordance with the terms of this Agreement, are subject to the satisfaction of, or compliance with, at or before the Closing Time, each of the conditions in this Section 6.2following conditions, each of which is hereby declared to be for the exclusive benefit of the Vendors Vendors. Each of such conditions is to be fulfilled and/or performed at or prior to the Time of Closing. The Purchaser covenants and may agrees to use its best efforts to cause each of such conditions to be waived, in whole fulfilled and/or performed at or in part, by prior to the Vendors in their sole discretionTime of Closing.

Appears in 1 contract

Samples: Share Purchase Agreement (E Tek Dynamics Inc)

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Conditions for the Benefit of the Vendors. The transactions contemplated by this Agreement, including the sale and purchase of the Purchased Assets, Shares in accordance with the terms of this Agreement are subject to the satisfaction of, or compliance with, at or before the Closing Time, each of the following terms and conditions as set out in this Section 6.2Article 9, each of which is hereby declared to be for the exclusive benefit of the Vendors Vendors. Each of such conditions is to be fulfilled and/or performed at or prior to the Time of Closing. The Purchaser covenants and may agrees to use its reasonable best efforts to cause such conditions to be waived, in whole fulfilled and/or performed at or in part, by prior to the Vendors in their sole discretionTime of Closing.

Appears in 1 contract

Samples: Share Purchase Agreement (Hastings Manufacturing Co)

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