Common use of Simultaneous Execution Clause in Contracts

Simultaneous Execution. All proceedings to be taken and all Closing Documents to be executed and delivered by the Parties at Closing shall be deemed to have been taken and executed simultaneously and no proceedings shall be deemed taken nor any Closing Documents executed or delivered until all Closing Documents have been taken, executed and delivered.

Simultaneous Execution. All proceedings to be taken and all Closing Documents documents to be executed and delivered by the Parties parties hereto at the Closing shall be deemed to have been taken and executed simultaneously simultaneously, and no proceedings proceeding shall be deemed taken nor any Closing Documents documents executed or delivered until all Closing Documents have been taken, executed and delivered.