Common use of Obligations of Purchaser at Closing Clause in Contracts

Obligations of Purchaser at Closing. At the Closing, upon the terms and subject to the conditions of this Agreement, and subject to the simultaneous performance by Seller of its obligations pursuant to Section 8.2, Purchaser shall deliver or cause to be delivered to Seller, among other things, the following: (a) a wire transfer of the Closing Payment to the account designated by Seller; (b) counterparts of the Conveyances of the Assets, in sufficient duplicate originals to allow recording in all appropriate jurisdictions and offices, duly executed by Purchaser and acknowledged before a notary public; (c) counterparts of mutually agreeable letters-in-lieu of transfer order covering the relevant Assets, duly executed by Purchaser; (d) a certificate by an authorized officer of Purchaser, dated as of Closing, certifying on behalf of Purchaser that the conditions set forth in Section 7.1(a) and Section 7.1(b) have been fulfilled; (e) where approvals are received by Purchaser pursuant to a filing or application under Section 7.1(d), copies of those approvals; (f) evidence of replacement bonds, guaranties and letters of credit pursuant to Section 6.8; and (g) all other instruments, documents and other items reasonably necessary to effectuate the terms of this Agreement, as may be reasonably requested by Seller.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Triangle Petroleum Corp), Purchase and Sale Agreement (Triangle Petroleum Corp)

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Obligations of Purchaser at Closing. At the Closing, upon the terms and subject to the conditions of this Agreement, and subject to the simultaneous performance by Seller of its obligations pursuant to Section 8.2, Purchaser shall deliver or cause to be delivered to Seller, among other things, the following: (a) a wire transfer of the Closing Payment to the account designated by Seller; (b) counterparts of the Conveyances of the Assets, in sufficient duplicate originals to allow recording in all appropriate jurisdictions and offices, duly executed by Purchaser Xxxxxxxxx and acknowledged before a notary public; (c) counterparts of mutually agreeable letters-in-lieu of transfer order covering the relevant Assets, duly executed by Purchaser; (d) a certificate by an authorized officer of Purchaser, dated as of Closing, certifying on behalf of Purchaser that the conditions set forth in Section 7.1(a) and Section 7.1(b) have been fulfilled; (e) where approvals are received by Purchaser pursuant to a filing or application under Section 7.1(d), copies of those approvals; (f) evidence of replacement bonds, guaranties and letters of credit pursuant to Section 6.86.7; and (g) all other instruments, documents and other items reasonably necessary to effectuate the terms of this Agreement, as may be reasonably requested by Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Obligations of Purchaser at Closing. At the Closing, upon the terms and subject to the conditions of this Agreement, and subject to the simultaneous performance by Seller of its obligations pursuant to Section 8.2, Purchaser shall deliver or cause to be delivered to Seller, among other things, the following: (a) a wire transfer of the Closing Payment to the account designated by Seller; (b) counterparts of the Conveyances of the Assets, in sufficient duplicate originals to allow recording in all appropriate jurisdictions and offices, duly executed by Purchaser and acknowledged before a notary public; (c) counterparts of mutually agreeable letters-in-lieu of transfer order covering the relevant Assets, duly executed by Purchaser; (d) a certificate by an authorized officer of Purchaser, dated as of Closing, certifying on behalf of Purchaser that the conditions set forth in Section 7.1(a) and Section 7.1(b) have been fulfilled; (e) where approvals are received by Purchaser pursuant to a filing or application under Section 7.1(d), copies of those approvals; (f) evidence of replacement bonds, guaranties and letters of credit pursuant to Section 6.86.7; and (g) all other instruments, documents and other items reasonably necessary to effectuate the terms of this Agreement, as may be reasonably requested by Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Emerald Oil, Inc.)

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