Use Best Efforts to Satisfy Conditions Precedent Sample Clauses

Use Best Efforts to Satisfy Conditions Precedent. Each of Pivot and each Stockholder agree to use its or his best efforts to bring about the satisfaction of the conditions specified in Article VII hereof, and MTM agrees to use its best efforts to bring about the satisfaction of the conditions specified in Article VIII hereof. If any condition specified in any of said Sections shall not be satisfied by such best efforts and such condition shall not be waived by the party or parties for the benefit of which such condition is stated, such party after giving notice of such non-satisfaction and giving the other parties a reasonable opportunity to satisfy such condition, may terminate this Agreement by notice in writing to the other parties. In the event this Agreement is not consummated by April 30, 1998, provided, however that the party electing to terminate is not otherwise in default hereunder and the party not electing to terminate is ready, willing and able to close hereunder, either party can elect to terminate this Agreement. Upon such termination, this Agreement shall cease, other than with respect to Articles XVI, XVII, XIX, and Sections 5.9 and 5.10 and no party hereto shall have any liability hereunder of any nature whatsoever, including liability for damages, except as they relate to the above referenced articles and sections.
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Related to Use Best Efforts to Satisfy Conditions Precedent

  • Failure to Satisfy Conditions Precedent If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to such Lender, without interest.

  • Conditions Precedent/Effectiveness Conditions This Amendment shall be effective upon (the “Effective Date”) the satisfaction of each of the following conditions (all documents to be in form and substance reasonably satisfactory to Administrative Agent and Administrative Agent’s counsel):

  • Effectiveness; Conditions Precedent The effectiveness of this Amendment and the amendments to the Credit Agreement herein provided are subject to the satisfaction of the following conditions precedent:

  • Actions to Satisfy Closing Conditions Each Party shall take all actions as are within its power and otherwise use its commercially reasonable efforts so as to ensure compliance with the conditions set forth in this Section 6.

  • Covenant to Satisfy Conditions Each party hereto agrees to use all reasonable efforts to insure that the conditions set forth in Article IV and Article V hereof are satisfied, insofar as such matters are within the control of such party.

  • Further conditions precedent The Lenders will only be obliged to comply with Clause 5.4 (Lenders’ participation) if on the date of the Utilisation Request and on the proposed Utilisation Date:

  • Buyer’s Conditions Precedent The obligations of Buyer to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Other Conditions Precedent Each of the conditions set forth in Sections 4.1.4, 4.1.5, 4.1.6 and 4.1.10 shall have been satisfied unless the failure of any such condition to be satisfied is the result of any action or inaction by Mortgagee.

  • Conditions Precedent to Effectiveness This Agreement shall become effective on and as of the first date (the “Effective Date”) on which the following conditions precedent have been satisfied:

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