Common use of Mutuality of Obligations to Close Clause in Contracts

Mutuality of Obligations to Close. The obligation of each Party to consummate the Closing shall be contingent upon the satisfaction of all conditions precedent to such Party’s obligation to close.

Appears in 9 contracts

Samples: Membership Interest Purchase Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.)

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Mutuality of Obligations to Close. The obligation of each Party to consummate the Closing shall be contingent upon the satisfaction of all conditions precedent to such Party’s obligation to close. It is the intention of the Parties that all transactions under this Agreement shall be closed concurrently.

Appears in 2 contracts

Samples: Contribution Agreement (Bluerock Residential Growth REIT, Inc.), Contribution Agreement (Bluerock Residential Growth REIT, Inc.)

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Mutuality of Obligations to Close. The obligation of each Party party to consummate the Closing shall be contingent upon the satisfaction of all conditions precedent to such Partyparty’s obligation to close. It is the intention of the parties that all transactions under this Agreement shall be closed concurrently.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

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