Common use of Taking of Necessary Action Clause in Contracts

Taking of Necessary Action. Each of the parties hereto shall use its commercially reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law to consummate and make effective the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Investment Agreement (PDC Energy, Inc.), Investment Agreement (PDC Energy, Inc.), Asset Purchase and Sale Agreement (PDC Energy, Inc.)

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Taking of Necessary Action. Each Subject to the terms and conditions of this Agreement and to applicable law, each of the parties hereto to this Agreement shall use its commercially all reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law laws and regulations to consummate and make effective the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Plains Resources Inc), Stock Purchase Agreement (Plains Resources Inc), Stock Purchase Agreement (Plains Resources Inc)

Taking of Necessary Action. Each of Subject to the parties terms and conditions herein provided, and in addition to any specific agreements contained herein, each party hereto shall use its commercially reasonable efforts promptly to take take, or cause to be taken taken, all necessary action and promptly to do do, or cause to be done all things necessary, proper or advisable under applicable Law to consummate and make effective the transactions contemplated by this AgreementAgreement upon all of the terms and conditions set forth herein.

Appears in 3 contracts

Samples: Merger Conversion Agreement (First Star Bancorp Inc), Merger Conversion Agreement (First Star Bancorp Inc), Merger Conversion Agreement (First Star Bancorp Inc)

Taking of Necessary Action. Each of the parties hereto shall agrees to use its commercially all reasonable efforts promptly to take or cause to be taken all necessary action actions and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law to consummate and make effective the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Mobile Pet Systems Inc), Securities Purchase Agreement (Bradbury Ivan)

Taking of Necessary Action. Each of the parties Parties hereto shall use its commercially reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law and regulations to consummate and make effective the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Class B Unit Purchase Agreement (Boardwalk Pipeline Partners, LP), Securities Purchase Agreement (Spacehab Inc \Wa\)

Taking of Necessary Action. Each of the parties hereto shall agrees to use its commercially reasonable efforts promptly to take or cause to be taken all necessary action action, and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law (other than waiving their rights hereunder) to consummate and make effective the transactions contemplated by this Agreementsale and purchase of the Preferred Shares hereunder, including under applicable laws and regulations, subject to the terms and conditions hereof (including Section 2.02(a)) and compliance with applicable law.

Appears in 1 contract

Samples: Securities Purchase Agreement (MDC Partners Inc)

Taking of Necessary Action. Each of the parties hereto shall agrees to use its commercially all reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Applicable Law to consummate and make effective the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Bank Note Holographics Inc)

Taking of Necessary Action. Each Subject to the terms and conditions of this Agreement and to applicable Law, each of the parties hereto to this Agreement shall use its commercially all reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law Laws to consummate and make effective the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Development Finance Agreement (Harken Energy Corp)

Taking of Necessary Action. Each of the parties hereto shall agrees to use its commercially all reasonable efforts promptly to take or cause to be taken all necessary action action, and promptly to do or cause to be done done, all things necessary, proper or advisable under applicable Law laws and regulations to consummate and make effective the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Share Exchange Agreement (Unistar Gaming Corp)

Taking of Necessary Action. Each of the parties hereto shall use its commercially reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law laws and regulations to consummate and make effective the transactions contemplated by this AgreementAgreement and the other documents contemplated hereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Shells Seafood Restaurants Inc)

Taking of Necessary Action. Each of the parties hereto shall agrees to use its commercially reasonable or his best efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all 3 things necessary, proper or advisable under applicable Law laws and regulations to consummate and make effective the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Escrow and Contingent Stock Agreement (Monterey Homes Corp)

Taking of Necessary Action. Each of the parties Parties hereto shall use its commercially reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under this Agreement and applicable Law and regulations to consummate and make effective the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Investment and Investor Rights Agreement (Wheels Up Experience Inc.)

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Taking of Necessary Action. Each of the parties hereto shall agrees to use its commercially all reasonable efforts promptly to take or cause to be taken all necessary action action, and promptly to do or cause to be done done, all things necessary, proper or advisable under applicable Law to consummate and make effective the transactions Note Exchange and Xxxxx Xxxxxxx Fee Payment contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Intelidata Technologies Corp)

Taking of Necessary Action. Each of the parties hereto shall use its commercially reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law and regulations to consummate and make effective the transactions contemplated by this Agreement. Without limiting the foregoing, the Company and each Purchaser shall use its commercially reasonable efforts to make all filings and obtain all consents of Governmental Authorities that may be necessary for the consummation of the transactions contemplated by the Operative Documents.

Appears in 1 contract

Samples: Securities Purchase Agreement (McDermott International Inc)

Taking of Necessary Action. Each of the parties hereto shall use its commercially reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law law to consummate and make effective the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Side Agreement (Keyuan Petrochemicals, Inc.)

Taking of Necessary Action. Each of the parties hereto shall use its commercially reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law and regulations to consummate and make effective the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Class C Unit Purchase Agreement (Regency Energy Partners LP)

Taking of Necessary Action. Each of the parties hereto shall agrees to use its commercially reasonable efforts promptly to take or cause to be taken all necessary action action, and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law (other than waiving their rights hereunder) to consummate and make effective the transactions contemplated by this Agreementsale and purchase of the Shares hereunder, including under applicable laws and regulations, subject to the terms and conditions hereof (including Section 2.02(a)) and compliance with applicable law.

Appears in 1 contract

Samples: Securities Purchase Agreement (MDC Partners Inc)

Taking of Necessary Action. Each of the parties hereto shall agrees to use its commercially reasonable best efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law laws and regulations to consummate and make effective the transactions contemplated by this AgreementTransactions.

Appears in 1 contract

Samples: Exchange Agreement (Seritage Growth Properties)

Taking of Necessary Action. Each of the parties Parties hereto shall use its commercially reasonable efforts promptly to take or cause to be taken all necessary action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law and regulations to consummate and make effective the transactions contemplated by this Agreement, including the filing of an additional listing application with the AMEX with respect to the Subject Shares and diligently pursuing the approval of such application.

Appears in 1 contract

Samples: Purchase Agreement (Westside Energy Corp)

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