Common use of Vendor’s Conditions Clause in Contracts

Vendor’s Conditions. The Vendors shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the Vendors, and may be waived by the Vendors in whole or in part, without prejudice to any of their rights of termination in the event of non- fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendors only if made in writing. The Vendors and the Purchaser shall take all such actions, steps and proceedings as are reasonably within their control, subject to the CCAA and any Governmental Order of the Court, as may be necessary to ensure that the conditions listed below in this Section 8.2 are fulfilled at or before the Closing Time.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Vendor’s Conditions. The Vendors shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the Vendors, and may be waived by the Vendors in whole or in part, without prejudice to any of their rights of termination in the event of non- fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendors only if made in writing. The Vendors and the Purchaser shall take all such actions, steps and proceedings as are reasonably within their control, subject to the CCAA and any Governmental Order of the Court, Purchaser’s control as may be necessary to ensure that the conditions listed below in this Section 8.2 are fulfilled at or before the Closing Time.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Vendor’s Conditions. The Vendors Vendor shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the VendorsVendor, and may be waived by the Vendors Vendor in whole or in part, without prejudice to any of their its rights of termination in the event of non- non-fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendors Vendor only if made in writing. The Vendors and the Purchaser shall take all such actions, steps and proceedings as are reasonably within their control, subject to the CCAA and any Governmental Order of the Court, Purchaser’s control as may be necessary to ensure that the conditions listed below in this Section 8.2 are fulfilled at or before the Closing Time.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Vendor’s Conditions. The Vendors shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 9.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the Vendors, and may be waived by the Vendors in whole or in part, without prejudice to any of their rights of termination in the event of non- fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendors only if made in writing. The Vendors and the Purchaser shall take all such actions, steps and proceedings as are reasonably within their control, subject to the CCAA and any Governmental Order of the Court, Purchaser’s control as may be necessary to ensure that the conditions listed below in this Section 8.2 9.2 are fulfilled at or before the Closing Time.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Vendor’s Conditions. The Vendors Vendor shall not be obligated to complete the transactions contemplated by this Agreement unless, at or before the Closing Time, each of the conditions listed below in this Section 8.2 7.2 have been satisfied, it being understood that the said conditions are included for the exclusive benefit of the VendorsVendor, and may be waived by the Vendors Vendor in whole or in part, without prejudice to any of their its rights of termination in the event of non- non-fulfillment of any other condition in whole or in part. Any such waiver shall be binding on the Vendors Vendor only if made in writing. The Vendors and the Purchaser shall take all such actions, steps and proceedings as are reasonably within their control, subject to the CCAA and any Governmental Order of the Court, Purchaser’s control as may be necessary to ensure that the conditions listed below in this Section 8.2 7.2 are fulfilled at or before the Closing Time.

Appears in 1 contract

Samples: Asset Purchase Agreement

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