Common use of Consummation of Transactions Clause in Contracts

Consummation of Transactions. Upon the terms and subject to the conditions of this Agreement, each of the parties hereto shall use its best efforts to take, or cause to be taken, all such actions and to do, or cause to be done, all other things necessary to carry out its obligations hereunder and to consummate and make effective, as soon as reasonably practicable, the transactions contemplated by this Agreement, including satisfying the conditions to the obligations of the other party and obtaining all waivers, permits, consents and approvals and effecting all registrations, filings and notices with or to third parties or governmental or public bodies or authorities which are necessary in connection with the transactions contemplated by this Agreement; provided that this Section 7.5 shall not require either party to waive any condition for its benefit or any performance hereunder by the other party or to make any payment to any third party, whether private or governmental, or to expend any funds or incur any economic burden in connection with obtaining the consent of any third party, whether private or governmental; and provided further that this Section 7.5 shall not require any party to take any action the result of which, in its reasonable judgment, would be to impose material limitations on its ability to consummate and retain the full benefits of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Med Waste Inc)

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Consummation of Transactions. Upon the terms and subject to the conditions of this Agreement, each of the parties hereto shall use its their best efforts to take, or cause to be taken, all such actions and to do, or cause to be done, all other things necessary to carry out its obligations hereunder and to consummate and make effective, as soon as reasonably practicable, the transactions contemplated by this Agreement, including satisfying the conditions to the obligations of the other party parties and obtaining all waivers, permits, consents and approvals and effecting all registrations, filings and notices with or to third parties or governmental or public bodies or authorities which are necessary in connection with the transactions contemplated by this Agreement; provided that this Section 7.5 shall not require either party to waive any condition for its benefit or any performance hereunder by the other party or to make any payment to any third party, whether private or governmental, or to expend any funds or incur any economic burden in connection with obtaining the consent of any third party, whether private or governmental; and provided further that this Section 7.5 shall not require any party to take any action the result of which, in its reasonable judgment, would be to impose material limitations on its ability to consummate and retain the full benefits of the transactions contemplated hereby. The Companies and the Shareholders shall assist Buyer in securing assignments of any Contracts included in the Acquired Assets assigned hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Imperial Industries Inc)

Consummation of Transactions. Upon the terms and subject to the conditions of this Agreement, each of the parties hereto shall use its best efforts to take, or cause to be taken, all such actions and to do, or cause to be done, all other things necessary to carry out its obligations hereunder and to consummate and make effective, as soon as reasonably practicable, the transactions contemplated by this Agreement, including satisfying the conditions to the obligations of the other party and obtaining all waivers, permits, consents and approvals and effecting all registrations, filings and notices with or to third parties or governmental or public bodies or authorities which are necessary in connection with the transactions contemplated by this Agreement; provided that this Section 7.5 shall not require either party to waive any condition for its benefit or any performance hereunder by the other party or to make any payment to any third party, whether private or governmental, or to expend any funds or incur any economic burden in connection with obtaining the consent of any third party, whether private or governmental; and provided further that this Section 7.5 shall not require any party to take any action the result of which, in its reasonable judgment, would be to impose material limitations on its ability to consummate and retain the full benefits of the transactions contemplated hereby. The Company and the Member shall assist Buyer and Renex in securing assignments of any Contracts included in the Assets assigned hereunder; provided however, neither the Company or the Member shall have any liability to Renex or Buyer in the event the parties hereto are unable to obtain any of the consents required in Sections 4.2(c) or 4.2(d) or referred to in Schedules 5.5 or 5.6 or 5.16 of the Disclosure Schedule.

Appears in 1 contract

Samples: Asset Purchase Agreement (Renex Corp)

Consummation of Transactions. Upon the terms and subject to the ---------------------------- conditions of this Agreement, each of the parties hereto shall agrees to use its best efforts (a) to take, or cause to be taken, all such actions and to do, or cause to be done, all other things necessary to carry out its obligations hereunder hereunder; (b) to cause the conditions to the obligations of the other party hereto to be satisfied prior to or at the Closing; and (c) to consummate and make effective, as soon as reasonably practicable, the transactions contemplated by this Agreement, including satisfying the conditions to the obligations of the other party and obtaining all waivers, permits, consents and approvals and effecting all registrations, filings and notices with or to third parties or governmental or public bodies or authorities which are necessary in connection with the transactions contemplated by this Agreement; provided provided, however, that this Section 7.5 8.01 shall not require either party to waive any condition for its benefit or any performance hereunder by the other party or to make any payment to any third party, whether private or governmental, or to expend any funds or incur any economic burden in connection with obtaining the consent of any third party, whether private or governmental; and provided further provided, further, that this Section 7.5 8.01 shall not require any such party to take any action the result of which, in its reasonable judgment, would be to impose material limitations on its ability to consummate and retain the full benefits of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cambridge Industries Inc /De)

Consummation of Transactions. Upon the terms and subject to the conditions of this Agreement, each of the parties hereto shall use its their best efforts to take, or cause to be taken, all such actions and to do, or cause to be done, all other things necessary to carry out its their obligations hereunder and to consummate and make effective, as soon as reasonably practicable, the transactions contemplated by this Agreement, including satisfying the conditions to the obligations of the other party parties and obtaining all waivers, permits, consents and approvals and effecting all registrations, filings and notices with or to third parties or governmental or public bodies or authorities which are necessary in connection with the transactions contemplated by this Agreement; provided that this Section 7.5 shall not require either any party to waive any condition for its benefit or any performance hereunder by the other party parties or to make any payment to any third party, whether private or governmental, or to expend any funds or incur any economic burden in connection with obtaining the consent of any third party, whether private or governmental; and provided further that this Section 7.5 shall not require any party to take any action the result of which, in its reasonable judgment, which would be to impose material limitations on its ability to consummate and retain the full benefits of the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Med Waste Inc)

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Consummation of Transactions. Upon the terms and subject to the conditions of this Agreement, each of the parties hereto shall use its best efforts to take, or cause to be taken, all such actions and to do, or cause to be done, all other things necessary to carry out its obligations hereunder and to consummate and make effective, as soon as reasonably practicable, the transactions contemplated by this Agreement, including satisfying the conditions to the obligations of the other party and obtaining all waivers, permits, consents and approvals and effecting all registrations, filings and notices with or to third parties or governmental or public bodies or authorities which are necessary in connection with the transactions contemplated by this Agreement; provided that this Section 7.5 Subsection shall not require either party to waive any condition for its benefit or any performance hereunder by the other party or to make any payment to any third party, whether private or governmental, or to expend any funds or incur any economic burden in connection with obtaining the consent of any third party, whether private or governmental; and provided further that this Section 7.5 Subsection shall not require any party to take any action the result of which, in its reasonable judgment, would be to impose material limitations on its ability to consummate and retain the full benefits of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aqua Care Systems Inc /De/)

Consummation of Transactions. Upon the terms and subject to the conditions of this Agreement, each of the parties hereto shall use its their best efforts to take, or cause to be taken, all such actions and to do, or cause to be done, all other things necessary to carry out its their obligations hereunder and to consummate and make effective, as soon as reasonably practicable, the transactions contemplated by this Agreement, including satisfying the conditions to the obligations of the other party parties and obtaining all waivers, permits, consents and approvals and effecting all registrations, filings and notices with or to third parties or governmental or public bodies or authorities which are necessary in connection with the transactions contemplated by this Agreement; provided that this Section 7.5 7.4 shall not require either any party to waive any condition for its benefit or any performance hereunder by the other party parties or to make any payment to any third party, whether private or governmental, or to expend any funds or incur any economic burden in connection with obtaining the consent of any third party, whether private or governmental; and provided further that this Section 7.5 7.4 shall not require any party to take any action the result of which, in its reasonable judgment, which would be to impose material limitations on its ability to consummate and retain the full benefits of the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Media Communications Group Inc)

Consummation of Transactions. Upon the terms and subject to the conditions of this Agreement, each of the parties hereto shall use its their best efforts to take, or cause to be taken, all such actions and to do, or cause to be done, all other things necessary to carry out its obligations hereunder and to consummate and make effective, as soon as reasonably practicable, the transactions contemplated by this Agreement, including satisfying the conditions to the obligations of the other party parties and obtaining all waivers, permits, consents and approvals and effecting all registrations, filings and notices with or to third parties or governmental or public bodies or authorities which are necessary in connection with the transactions contemplated by this Agreement; provided that this Section 7.5 7.8 shall not require either party to waive any condition for its benefit or any performance hereunder by the other party or to make any payment to any third party, whether private or governmental, or to expend any funds or incur any economic burden in connection with obtaining the consent of any third party, whether private or governmental; and provided further that this Section 7.5 7.8 shall not require any party to take any action the result of which, in its reasonable judgment, would be to impose material limitations on its ability to consummate and retain the full benefits of the transactions contemplated hereby. The Companies and the Shareholders shall assist Buyer in securing assignments of any Contracts included in the Assets assigned hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Imperial Industries Inc)

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