Common use of PRE-COMPLETION MATTERS Clause in Contracts

PRE-COMPLETION MATTERS. 5.1 Each of the Vendor and the Purchaser shall fully cooperate with the other Party for the purpose of providing such information and assistance as shall be reasonably required by the other Party for implementing and completing the transactions contemplated under this Agreement. 5.2 Each of the Vendor and the Purchaser agrees to take all necessary actions that the business of the Company will continue to be operated in the ordinary course of day-to-day operations consistent with past practice and it will not do or omit to do any act or thing not in the ordinary course of day-to-day operations and the Vendor shall provide full assistance and co-operation in connection therewith. 5.3 On a date no later than five (5) Business Days prior to the Completion Date, the Vendor shall make available the Completion Deliverables for inspection by the at the office of the solicitors. Upon inspection of the Completion Deliverables to the satisfaction of the Purchaser, the Completion Deliverables should be held in escrow by the Purchaser

Appears in 1 contract

Sources: Sale and Purchase Agreement

PRE-COMPLETION MATTERS. 5.1 Each of the Vendor and the Purchaser shall fully cooperate with the other Party for the purpose of providing such information and assistance as shall be reasonably required by the other Party for implementing and completing the transactions contemplated under this Agreement. 5.2 Each of the Vendor and the Purchaser agrees to take all necessary actions that the business of the Company will continue to be operated in the ordinary course of day-to-day operations consistent with past practice and it will not do or omit to do any act or thing not in the ordinary course of day-to-day operations and the Vendor shall provide full assistance and co-operation in connection therewith. 5.3 On a date no later than five (5) Business Days prior to the Completion Date, the Vendor shall make available the Completion Deliverables for inspection by the Purchaser or the Purchaser’s solicitors at the office of the Purchaser’s solicitors. Upon inspection of the Completion Deliverables to the satisfaction of the Purchaser, the Completion Deliverables should be held in escrow by the Purchaser’s solicitors pending Completion.

Appears in 1 contract

Sources: Sale and Purchase Agreement