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 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 will, and the Company shall cause each of its Subsidiaries to, use its commercially reasonable efforts to make all filings and obtain all consents of Governmental Authorities that may be necessary or, in the reasonable opinion of the Purchasers or the Company, as the case may be, advisable for the consummation of the transactions contemplated by this Agreement and the other Basic Documents.

Appears in 5 contracts

Samples: Common Unit Purchase Agreement (EV Energy Partners, LP), Securities Purchase Agreement (Interoil Corp), Common Share Purchase Agreement (Interoil Corp)

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Taking of Necessary Action. Each of the Parties hereto shall use its commercially 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 Law and regulations to consummate and make effective the transactions contemplated by this Agreement. Without limiting the foregoing, the Company and each Purchaser will, and the Company shall cause each of its Subsidiaries to, use its commercially reasonable efforts to make all filings and obtain all consents of Governmental Authorities that may be necessary or, in the reasonable opinion of the Purchasers or the Company, as the case may be, advisable for the consummation of the transactions contemplated by this Agreement and the other Basic Transaction Documents.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement, Common Stock Purchase Agreement (Par Petroleum Corp/Co)

Taking of Necessary Action. Each of the Parties hereto shall use its commercially 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 Law and regulations to consummate and make effective the transactions contemplated by this Agreement. Without limiting the foregoing, the Company and each the Purchaser will, and the Company shall cause each of its Subsidiaries to, use its commercially reasonable efforts to make all filings and obtain all consents of Governmental Authorities that may be necessary or, in the reasonable opinion of the Purchasers Purchaser or the Company, as the case may be, advisable for the consummation of the transactions contemplated by this Agreement and the other Basic DocumentsAgreement.

Appears in 2 contracts

Samples: Common Share Purchase Agreement (Interoil Corp), Common Share Purchase Agreement (Interoil Corp)

Taking of Necessary Action. Each of the Parties parties hereto shall -------------------------- agrees to use its commercially all 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 Law laws and regulations to consummate and make effective the transactions contemplated by this Agreement. Without limiting the foregoing, the Company and each the Purchaser will, and the Company shall cause each of its Subsidiaries subsidiaries to, each use its commercially all reasonable efforts to make all filings and obtain all consents of Governmental Authorities that governmental entities or other persons relating to such party which may be necessary or, in the reasonable opinion of the Purchasers Company or the CompanyPurchaser, as the case may be, advisable for the consummation of the transactions contemplated by this Agreement and the other Basic DocumentsAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Patina Oil & Gas 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 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 between the Company and the Purchasers contemplated by this AgreementAgreement related specifically to the acquisition of the Purchased Shares. Without limiting the foregoing, each of the Company and each Purchaser will, and the Company shall cause each of its Subsidiaries to, use its commercially reasonable efforts to make all filings and obtain all consents of Governmental Authorities that may be necessary or, in the reasonable opinion of the Purchasers or the Companyother parties, as the case may be, advisable for the consummation of the transactions contemplated by this Agreement and the other Basic Documents.this

Appears in 1 contract

Samples: Purchase Agreement (Benefit Street Partners Realty Trust, Inc.)

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Taking of Necessary Action. Each of the Parties hereto shall use its commercially 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 Law and regulations to consummate and make effective the transactions contemplated by this Agreement. Without limiting the foregoing, the Company Concho and each Purchaser will, and the Company Concho shall cause each of its Subsidiaries to, use its commercially reasonable efforts to make all filings and obtain all consents of Governmental Authorities that may be necessary or, in the reasonable opinion of the Purchasers or the CompanyConcho, as the case may be, advisable for the consummation of the transactions contemplated by this Agreement and the other Basic Documents.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Concho Resources 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 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 Concho and each Purchaser will, and the Company Concho shall cause each of its Subsidiaries to, use its commercially reasonable efforts to make all filings and obtain all consents of Governmental Authorities that may be necessary or, in the reasonable opinion of the Purchasers or the CompanyConcho, as the case may be, advisable for the consummation of the transactions contemplated by this Agreement and the other Basic Documents.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Concho Resources Inc)

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 action and promptly to do or cause to be done all things necessary, proper or advisable under applicable Law law and regulations to consummate and make effective the transactions contemplated by this Agreement. Without limiting the foregoing, the Company and each Purchaser will, and the Company shall cause each of its Subsidiaries to, use its commercially reasonable efforts to make all filings and obtain all consents of Governmental Authorities governmental authorities that may be necessary or, in the reasonable opinion of the Purchasers or the Company, as the case may be, advisable for the consummation of the transactions contemplated by this Agreement and the other Basic Transaction Documents.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pico Holdings Inc /New)

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