Common use of Simultaneous Delivery Clause in Contracts

Simultaneous Delivery. All acts with respect to the Closing shall be considered as having taken place simultaneously, and no delivery or payment shall be considered as having been made until all deliveries, payments and Closing transactions have been accomplished.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Seracare Inc), Stock Purchase Agreement (Seracare Inc)

Simultaneous Delivery. All acts with respect to the Closing --------------------- shall be considered as having taken place simultaneously, and no delivery or payment shall be considered as having been made until all deliveries, payments and Closing transactions have been accomplished.

Appears in 1 contract

Sources: Stock Purchase Agreement (Virtual Mortgage Network Inc)