Common use of Simultaneous Actions on the Closing Date Clause in Contracts

Simultaneous Actions on the Closing Date. The Purchaser shall not be obligated to complete the sale and purchase of any Securities unless each Seller complies with all of its obligations under this Section 2 and the sale and purchase of all of the Securities owned by each Seller is completed simultaneously.

Appears in 3 contracts

Samples: Securities Transfer Agreement (Yu Dong), Securities Transfer Agreement (Bona Film Group LTD), Securities Transfer Agreement (Bona Film Group LTD)

AutoNDA by SimpleDocs

Simultaneous Actions on the Closing Date. The Purchaser shall not be obligated to complete the sale and purchase of any Securities Sale Shares unless each Seller complies with all of its obligations under this Section 2 Article I and the sale and purchase of all of the Securities Sale Shares owned by each Seller is completed simultaneously.

Appears in 2 contracts

Samples: Share Purchase Agreement (SLP Cathay Holdings Ltd.), Share Purchase Agreement (SLP Cathay Holdings Ltd.)

Simultaneous Actions on the Closing Date. The Purchaser shall not be obligated to complete the sale and purchase of any Securities unless each the Seller complies with all of its obligations under this Section 2 and the sale and purchase of all of the Securities owned by each the Seller is completed simultaneously.

Appears in 2 contracts

Samples: Securities Transfer Agreement (Yu Dong), Securities Transfer Agreement (Yu Dong)

Simultaneous Actions on the Closing Date. The Purchaser shall not be obligated to complete the sale and purchase of any Securities unless each Seller complies with all of its obligations under this Section 2 and the sale and purchase of all of the Securities owned by such Seller is completed simultaneously. Likewise, each Seller shall not be obligated to complete the sale and purchase of any Securities unless the Purchaser complies with all of its obligations under this Section 2 and the sale and purchase of all of the Securities owned by such Seller is completed simultaneously.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Fosun International LTD), Securities Purchase Agreement (Yu Dong)

AutoNDA by SimpleDocs

Simultaneous Actions on the Closing Date. The Each Seller shall not be obligated to complete the sale and purchase of any Sale Shares unless Purchaser complies with all of its obligations under this Article I. Purchaser shall not be obligated to complete the sale and purchase of any Securities Sale Shares unless each Seller complies with all of its obligations under this Section 2 Article I and the sale and purchase of all of the Securities Sale Shares owned by each Seller is completed simultaneously.

Appears in 1 contract

Samples: Share Purchase Agreement (SLP Cathay Holdings Ltd.)

Simultaneous Actions on the Closing Date. The Purchaser shall not be obligated to complete the sale and purchase of any Securities Sale Shares unless each Seller complies with all of its obligations under this Section 2 Article I and the sale and purchase of all of the Securities Sale Shares owned by each Seller is completed simultaneously.

Appears in 1 contract

Samples: Share Purchase Agreement (SLP Cathay Holdings Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!