Continuing Transaction Clause Samples
A Continuing Transaction clause defines how certain rights, obligations, or terms persist beyond the completion or termination of a specific transaction. In practice, this clause ensures that provisions such as confidentiality, indemnification, or payment obligations remain enforceable even after the main agreement or transaction has ended. Its core function is to provide ongoing protection and clarity for parties by specifying which aspects of the agreement survive, thereby preventing disputes about lingering responsibilities after the transaction concludes.
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Continuing Transaction. As conditions precedent to the continuing Transactions, Administrative Agent shall have received on or before the date hereof the following, in form and substance satisfactory to Administrative Agent and duly executed by each Seller Party and each other party thereto:
Continuing Transaction. The obligation of Administrative Agent to continue the Transaction outstanding on the date of this Agreement on behalf of Buyers with the Seller hereunder is subject to the satisfaction, on or prior to the date of this Agreement, of the condition precedent that Administrative Agent shall have received all of the following items, each of which shall be satisfactory to Administrative Agent and its counsel in form and substance:
Continuing Transaction a remote agreement concerning a series of products and/or services, the delivery and/or obligation to purchase of which is spread over time;
Continuing Transaction. Pursuant to the Coal Supply Framework Agreement, the Group has agreed to sell and supply coal to the Jiangsu Guoxin Group subject to the terms and conditions therein.