Common use of Execution Necessary Clause in Contracts

Execution Necessary. This Agreement shall not be binding upon Seller or Purchaser until fully executed and delivered by representatives of Seller or Purchaser, as the case may be, and no action taken by Seller's or Purchaser's representatives shall be deemed an acceptance of this Agreement until this Agreement has been so executed by Seller or Purchaser, as the case may be, and delivered to the other party hereto.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale (Alterra Healthcare Corp), Agreement of Purchase and Sale (Alternative Living Services Inc), Agreement of Purchase and Sale (Alternative Living Services Inc)

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Execution Necessary. This Agreement shall not be binding upon Seller or Purchaser until unless fully executed and delivered by representatives a proper official of Seller or Purchaser, as the case may beSeller, and no action taken by Seller's or Purchaser's ’s representatives shall be deemed an acceptance of this Agreement until this Agreement has been so executed by Seller or Purchaser, as the case may be, and delivered to the other party hereto.Buyer. 14.2

Appears in 2 contracts

Samples: Purchase and Sale Agreement (BlueLinx Holdings Inc.), Purchase and Sale Agreement (BlueLinx Holdings Inc.)

Execution Necessary. This Agreement shall not be binding upon Seller or Purchaser Buyer, respectively, until fully executed and delivered by representatives a proper official of Seller Seller, or PurchaserBuyer, as the case may berespectively, and no action taken by Seller's or Purchaser's either of their representatives shall be deemed an acceptance of this Agreement until this Agreement has been so executed by Seller or Purchaser, as the case may be, them and delivered to the other party heretoeach other.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Intercontinental Hotels Group PLC /New/), Stock Purchase Agreement (Hospitality Properties Trust)

Execution Necessary. This Agreement shall not be binding upon Seller or Purchaser until fully executed and delivered by representatives a proper official of Seller or Purchaser, as the case may beSeller, and no action taken by Seller's or Purchaser's representatives corporate executives shall be deemed an acceptance of this Agreement until this Agreement has been so executed by Seller or Purchaser, as the case may be, and delivered to the other party heretoPurchaser.

Appears in 2 contracts

Samples: Agreement for Purchase and Sale (Carlyle Real Estate LTD Partnership Xv), Agreement for Purchase and Sale (Carlyle Real Estate LTD Partnership Xvi)

Execution Necessary. This Agreement shall not be binding upon Seller or Purchaser until fully executed and delivered by representatives of Seller or Purchaser, as the case may beSeller, and no action taken by Seller's or Purchaser's ’s representatives shall be deemed an acceptance of this Agreement until this Agreement has been so executed by Seller or Purchaser, as the case may be, and delivered to the other party heretoBuyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (ESH Hospitality, Inc.)

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Execution Necessary. This Agreement shall not be binding upon Seller or Purchaser until unless fully executed and delivered by representatives a proper official of Seller or Purchaser, as the case may beSeller, and no action taken by Seller's or Purchaser's ’s representatives shall be deemed an acceptance of this Agreement until this Agreement has been so executed by Seller or Purchaser, as the case may be, and delivered to the other party heretoBuyer.

Appears in 1 contract

Samples: Form of Purchase and Sale Agreement (BlueLinx Holdings Inc.)

Execution Necessary. This Agreement shall not be binding upon Seller or Purchaser Buyer, respectively, until fully executed and delivered by representatives a proper official of Seller or PurchaserBuyer, as the case may berespectively, and no action taken by Seller's or Purchaser's either of their representatives shall be deemed an acceptance of this Agreement until this Agreement has been so executed by Seller or Purchaser, as the case may be, them and delivered to the other party heretoeach other.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Intercontinental Hotels Group PLC /New/)

Execution Necessary. This Agreement shall not be binding upon Seller or Purchaser until fully executed and delivered by representatives a proper official of Seller or Purchaser, as the case may beSeller, and no action taken by Seller's or Purchaser's ’s representatives shall be deemed an acceptance of this Agreement until this Agreement has been so executed by Seller or Purchaser, as the case may be, and delivered to the other party heretoBuyer.

Appears in 1 contract

Samples: Hotel Purchase and Sale Agreement (Chesapeake Lodging Trust)

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