Common use of Seller and Buyer Clause in Contracts

Seller and Buyer. singularly and plurally, warrant and agree that each shall use its commercially reasonable efforts to take or cause to be taken all such action as may be necessary to consummate and make effective the transaction as set forth in this Agreement and to assure that it will not be under any material corporate, legal, or contractual restriction that would prohibit or delay the timely consummation of such transaction.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Enterprise Products Operating L P)

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Seller and Buyer. singularly and plurally, warrant and agree that each shall use its commercially reasonable efforts to take or cause to be taken all such action as may be necessary to consummate and make effective the transaction as set forth in this Agreement and to assure that it will not be under any material corporate, legal, legal or contractual restriction that would prohibit or delay the timely consummation of such transaction.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Kaneb Pipe Line Operating Partnership Lp)

Seller and Buyer. singularly and plurally, warrant and agree that each shall use its commercially reasonable best efforts to take or cause to be taken all such action as may be necessary to consummate and make effective the transaction as set forth in this Agreement and to assure that it will not be under any material corporate, legal, legal or contractual restriction that would prohibit or delay the timely consummation of such transaction.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Midcoast Energy Resources Inc)

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Seller and Buyer. singularly and plurally, warrant and agree ------- that each shall use its commercially reasonable best efforts to take or cause to be taken all such action as may be necessary to consummate and make effective the transaction as set forth in this Agreement and to assure that it will not be under any material corporate, legal, legal or contractual restriction that would prohibit or delay the timely consummation of such transaction.

Appears in 1 contract

Samples: Agreement for Sale (Transmontaigne Oil Co)

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