Common use of One Transaction Clause in Contracts

One Transaction. It is agreed that all actions and transactions constituting the Closing pursuant to Sections 2.11 and 2.12 (including the completion of the Contribution in Kind and the sale of the Shares) shall be regarded as one single transaction so that, at the option of the Party having interest in the carrying out of the specific action or transaction, no action or transaction shall be deemed to have taken place unless and until all other actions and transactions constituting the Closing shall have taken place as provided in this Agreement.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Dresser Inc)

One Transaction. It is agreed that all All actions and transactions constituting the Closing pursuant to Sections 2.11 set forth in previous Section 7.2 and 2.12 (including the completion of the Contribution in Kind and the sale of the Shares) 7.3 shall be regarded as one and a single transaction so that, at the option of the Party having interest in to the carrying out of the specific action or transaction, no action or transaction shall be deemed to have taken place unless if and until all other actions and transactions constituting the Closing shall have taken place as provided in this Agreement.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Gardner Denver Inc)