Common use of Simultaneous actions at Completion Clause in Contracts

Simultaneous actions at Completion. In respect of Completion: (a) the Obligations of the Vendors and the Buyer under this agreement are interdependent; (b) unless all obligations of the parties are complied with and fully effective, Completion will not occur; and

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Verdant Earth Technologies LTD), Sale and Purchase Agreement (Verdant Earth Technologies LTD)

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Simultaneous actions at Completion. In respect of Completion: (a) the Obligations obligations of the Vendors and the Buyer parties under this agreement are interdependent; ; (b) unless all obligations of actions required to be performed will be taken to have occurred simultaneously on the parties are complied with and fully effective, Completion will not occurDate; and (c) the Purchaser need not complete the purchase of any Shares unless the purchase of all the Shares is completed simultaneously.

Appears in 2 contracts

Samples: Share Purchase Agreement (Slinger Bag Inc.), Share Sale Agreement (Smucker J M Co)

Simultaneous actions at Completion. In respect of Completion: (a) the Obligations of the Vendors and the Buyer under this agreement are interdependent; (b) unless all obligations of the parties under this Agreement are complied with and fully effective, Completion will not occurinterdependent; (b) all actions required to be performed are taken to have occurred simultaneously on the Effective Date; and (c) completion of the sale and purchase of each LIIT Asset is dependent on the completion of the sale and purchase of each other LIIT Asset.

Appears in 1 contract

Samples: Asset Transfer and Ip Licence Agreement (F45 Training Holdings Inc.)

Simultaneous actions at Completion. In respect of Completion: (a) the Obligations obligations of the Vendors and the Buyer parties under this agreement are interdependent; ; (b) unless all obligations of actions required to be performed will be taken to have occurred simultaneously on the parties are complied with and fully effective, Completion will not occurDate; and (c) the Purchasers need not complete the purchase of any Sale Shares unless the purchase of all the Sale Shares is completed simultaneously.

Appears in 1 contract

Samples: Share Sale Agreement (ACCO BRANDS Corp)

Simultaneous actions at Completion. In respect of Completion: (a) the Obligations all obligations of the Vendors and the Buyer parties under this agreement are interdependent; ; (b) unless all obligations actions required to be performed under this agreement are taken to have occurred simultaneously on the Completion Date; and (c) completion of the parties are complied with sale and fully effective, Completion will not occur; andpurchase of each Asset is dependent on the completion of the sale and purchase of each other Asset.

Appears in 1 contract

Samples: Franchise Agreement

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Simultaneous actions at Completion. In respect of Completion: (a) the Obligations obligations of the Vendors and the Buyer parties under this agreement are interdependent; ; (b) unless all obligations of actions required to be performed will be taken to have occurred simultaneously on the parties are complied with and fully effective, Completion will not occurDate; and (c) the Purchaser and Slinger Bag need not complete the purchase of any Shares unless the purchase of all the Shares is completed simultaneously.

Appears in 1 contract

Samples: Share Purchase Agreement (Slinger Bag Inc.)

Simultaneous actions at Completion. In respect of Completion: (a) 7.4.1 the Obligations obligations of the Vendors and the Buyer parties under this agreement are interdependent; 7.4.2 all actions required to be performed will be taken to have occurred simultaneously on the Completion Date; (b) unless all obligations and 7.4.3 the Buyer need not complete the purchase of any of the parties are complied with and fully effective, Completion will not occur; andSale Shares unless the purchase of all the Sale Shares is completed simultaneously.

Appears in 1 contract

Samples: Share Purchase Agreement (Wright Express CORP)

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