Common use of Interdependence Clause in Contracts

Interdependence. The transfers and deliveries described in this Article III are mutually interdependent and are to be regarded as occurring simultaneously as of the Effective Time. Unless agreed to in writing by both Seller and Buyer, no such transfer or delivery will become effective until all other transfers and deliveries provided for in this Article III have also become effective.

Appears in 2 contracts

Samples: Asset Sale and Purchase Agreement (Aurora Foods Inc), Asset Sale and Purchase Agreement (Zila Inc)

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Interdependence. The transfers and deliveries described in this Article III are mutually interdependent and are to be regarded as occurring simultaneously as of the Effective Time. Unless agreed to in writing by both Seller and Buyer, no such transfer or delivery will become effective until all other transfers and deliveries provided for in this Article III have also become effective.

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement (Interactive Data Corp/Ma/)

Interdependence. The transfers and deliveries described in this Article III Ill are mutually interdependent and are to be regarded as occurring simultaneously as of the Effective Time. Unless agreed to in writing by both Seller and Buyer, no such transfer or delivery will become effective until all other transfers and deliveries provided for in this Article III Ill have also become effective.

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement (Worthington Foods Inc /Oh/)

Interdependence. The transfers and deliveries described in this Article ARTICLE III are mutually interdependent and are to be regarded as occurring simultaneously as of the Effective Time. Unless agreed to in writing by both Seller and Buyer, no such transfer or delivery will become effective until all other transfers and deliveries provided for in this Article ARTICLE III have also become effective.

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement (Outsourcing Services Group Inc)

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Interdependence. The transfers and deliveries described in this Article III are mutually interdependent and are to be regarded as occurring simultaneously as of the Effective Time. Unless agreed to in writing by both Seller Sellers and Buyer, no such transfer or delivery will become effective until all other transfers and deliveries provided for in this Article III have also become effective.

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement (Prestige Brands Holdings, Inc.)

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