Common use of Simultaneous Actions Clause in Contracts

Simultaneous Actions. All matters at the Closing will be considered to take place simultaneously, and no delivery of any documents required to be completed at or in connection with the Closing will be deemed completed until all transactions and deliveries of documents and funds required by this Agreement to be completed at Closing are completed.

Appears in 2 contracts

Sources: Master Agreement (General Motors Co), Master Agreement (General Motors Financial Company, Inc.)