Common use of Taking of Necessary Action Clause in Contracts

Taking of Necessary Action. Each of the parties hereto agrees to use its reasonable efforts promptly to take or cause to be taken all action, and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 11 contracts

Samples: Investment Agreement (Eos Energy Enterprises, Inc.), Investment Agreement (Oscar Health, Inc.), Investment Agreement (Eos Energy Enterprises, Inc.)

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Taking of Necessary Action. Each of the parties party hereto agrees to use its reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 5 contracts

Samples: Investment Agreement (View, Inc.), Investment Agreement (Global Payments Inc), Investment Agreement (Nikola Corp)

Taking of Necessary Action. Each of the parties party hereto agrees to use its reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable necessary under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 4 contracts

Samples: Subscription Agreement (Oatly Group AB), Investment Agreement (Oatly Group AB), Investment Agreement (Oatly Group AB)

Taking of Necessary Action. Each of the parties hereto agrees to use its reasonable efforts promptly to take or cause to be taken all action, and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations (other than waive such party’s rights hereunder) to consummate and make effective the sale and purchase of the Notes hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and at the sole expense of, the requesting party.

Appears in 3 contracts

Samples: Investment Agreement (Cornerstone OnDemand Inc), Investment Agreement (Cornerstone OnDemand Inc), Investment Agreement (Cornerstone OnDemand Inc)

Taking of Necessary Action. Each of the parties party hereto agrees to use its reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes Securities hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the NotesSecurities, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 3 contracts

Samples: Investment Agreement (Owlet, Inc.), Investment Agreement (Owlet, Inc.), Investment Agreement (Owlet, Inc.)

Taking of Necessary Action. Each of the parties hereto agrees to use its commercially reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 1 contract

Samples: Investment Agreement (Solarcity Corp)

Taking of Necessary Action. Each of the parties hereto party agrees to use its commercially reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 1 contract

Samples: Securities Purchase Agreement (Iridex Corp)

Taking of Necessary Action. Each of the parties party hereto agrees to use its reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes Forward Purchase Shares hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the NotesForward Purchase Shares, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nikola Corp)

Taking of Necessary Action. Each of the parties hereto party agrees to use its reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 1 contract

Samples: Investment Agreement (Pacific Biosciences of California, Inc.)

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Taking of Necessary Action. Each of the parties hereto Party agrees to use its reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 1 contract

Samples: Investment Agreement (Twitter, Inc.)

Taking of Necessary Action. Each of the parties hereto party agrees to use its reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes to or by it hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the such sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 1 contract

Samples: Investment Agreement (Invitae Corp)

Taking of Necessary Action. Each of the parties hereto agrees to use its reasonable efforts promptly to take or cause to be taken all action, action and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the Notes, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 1 contract

Samples: Investment Agreement (Motorola Solutions, Inc.)

Taking of Necessary Action. Each of the parties hereto agrees to reasonably cooperate with the other parties hereto and use its reasonable efforts promptly to take or cause to be taken all action, and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations Laws to consummate and make effective the sale and purchase of the Notes hereunderTransactions, subject to the terms and conditions hereof and compliance with applicable lawLaw. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the NotesTransactions, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 1 contract

Samples: Investment Agreement (Global Eagle Entertainment Inc.)

Taking of Necessary Action. Each of the parties hereto agrees to use its reasonable efforts promptly to take or cause to be taken all action, and promptly to do or cause to be done all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the sale and purchase of the Notes Shares hereunder, subject to the terms and conditions hereof and compliance with applicable law. In case at any time before or after the Closing any further action is necessary or desirable to carry out the purposes of the sale and purchase of the NotesShares, the proper officers, managers and directors of each party to this Agreement shall take all such necessary action as may be reasonably requested by, and the sole expense of, the requesting party.

Appears in 1 contract

Samples: Investment Agreement (Virtusa Corp)

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