Closing Acts definition
Examples of Closing Acts in a sentence
The Parties will only be required to perform any of the Closing Acts to the extent that all other Closing Acts are performed pursuant to this Agreement.
Unless otherwise agreed by the Parties in writing, all acts and obligations set forth in Clause 3.2 above shall be considered simultaneous, and no act and/or obligation shall be deemed to have been actually practiced and the Closing Acts shall not be deemed to have been validly concluded until all other acts and/or obligations have been finalized.
The Transaction shall be concluded upon the fulfillment and execution of all Closing Acts, which shall be considered, for all legal purposes and effects, as carried out and executed simultaneously.
For the purposes of this Agreement, all Closing Acts shall be deemed to have been simultaneously performed.
In the event that any Closing Act is no longer practiced and performed pursuant to this Agreement, all Closing Acts eventually practiced shall be deemed to be absolutely ineffective and having no effect between the Parties and each Party shall be required to perform, immediately, any and all acts required to undo the executed Closing Acts and revert the right to the status quo ante.
No Party shall be required to perform any Closing Act if the other Party has not performed its respective Closing Acts.
Said biweekly Sale Settlements will be prepared on the basis of the Closing Acts of the corresponding fortnights prepared by the Certifier and signed by representatives of GEOPARK and ENAP, in which the measurements made to the deliveries of the Fell Block Liquid Products will be consigned, as it is indicated in the MOCP, prior to their transfer to ENAP.