Common use of Interdependence of obligations Clause in Contracts

Interdependence of obligations. The obligations of the parties under this clause 4 are interdependent. All acts on the Completion Date must be treated as done simultaneously and no payment, delivery or other act may be treated as made or done until all such deliveries, payments or acts are made or done. 4 Period after Completion The Company undertakes to use its best endeavours to obtain official quotation of the Subscription Shares on ASX.