Common use of Further Condition and Agreement Clause in Contracts

Further Condition and Agreement. The obligations of the relevant Sellers and the Issuer Group under this Agreement are further conditional upon no change having occurred after the date of this Agreement in any applicable law which would make it illegal for any party to this Agreement or the Other Transaction Documents or Related Documents to perform any of their respective obligations under this Agreement or such Other Transaction Documents or Related Documents; provided, however, that if any such change has occurred in relation to this Agreement, the parties shall co-operate and for such purposes use all reasonable endeavors to restructure their respective obligations under this Agreement so as to avoid the aforementioned illegality.

Appears in 3 contracts

Samples: Purchase Agreement (Fly Leasing LTD), Agreement (Fly Leasing LTD), Agreement (Fly Leasing LTD)

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Further Condition and Agreement. The obligations of the relevant Sellers and the Issuer Group Purchaser under this Agreement are further conditional upon no change having occurred after the date of this Agreement in any applicable law which would make it illegal for any party to this Agreement or the Other Transaction Documents or Related Documents to perform any of their respective obligations under this Agreement or such Other Transaction Documents or Related Documents; provided, however, that if any such change has occurred in relation to this Agreement, the parties shall co-operate cooperate and for such purposes use all reasonable endeavors endeavours to restructure their respective obligations under this Agreement so as to avoid the aforementioned illegality.

Appears in 1 contract

Samples: Share Purchase Agreement (Aerco LTD)

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Further Condition and Agreement. The obligations of the relevant Sellers and the Issuer Group Purchasers under this Agreement are further conditional upon no change having occurred after the date of this Agreement in any applicable law which would make it illegal for any party to this Agreement or the Other Transaction Documents or Related Documents to perform any of their respective obligations under this Agreement or such Other Transaction Documents or Related Documents; provided, however, that if any such change has occurred in relation to this Agreement, the parties shall co-operate and for such purposes use all reasonable endeavors endeavours to restructure their respective obligations under this Agreement so as to avoid the aforementioned illegality.

Appears in 1 contract

Samples: Share Purchase Agreement (Aerco LTD)

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