Interdependence. The sale and other transfers and deliveries described herein shall be mutually interdependent and regarded as occurring simultaneously as of the Closing, and, unless a particular transfer or delivery is waived by the party entitled to the benefit of such sale, transfer or delivery, no such sale, transfer or delivery shall become effective unless and until all the other transfers and deliveries provided for herein have also been consummated.
Appears in 3 contracts
Sources: Membership Interest Purchase Agreement (CRAWFORD UNITED Corp), Share Purchase Agreement, Share Purchase Agreement (Installed Building Products, Inc.)
Interdependence. The sale and other transfers and deliveries described herein shall be mutually interdependent and regarded as occurring simultaneously as of the Closing, ; and, unless a particular transfer or delivery is waived by both the party entitled to the benefit of such sale, transfer or deliverytransferor and transferee, no such sale, transfer or delivery shall become effective unless and until all the other transfers and deliveries provided for herein have also been consummated.
Appears in 2 contracts
Sources: Membership Interest Purchase Agreement (Installed Building Products, Inc.), Equity Purchase Agreement (FCStone Group, Inc.)
Interdependence. The sale and other transfers and deliveries described herein shall be mutually interdependent and regarded as occurring simultaneously as of the Closing, and, unless a particular transfer or delivery is waived by the party entitled to the benefit of such sale, transfer or delivery, no such sale, transfer or delivery shall become effective unless and until all the other sales, transfers and deliveries provided for herein have also been consummated.
Appears in 1 contract