Performance of Covenants and Satisfaction of Conditions Clause Samples
The 'Performance of Covenants and Satisfaction of Conditions' clause requires each party to fulfill their agreed-upon obligations and ensure that any specified conditions are met before certain actions, such as closing a transaction, can occur. In practice, this means parties must complete tasks like delivering documents, obtaining approvals, or making payments as outlined in the agreement. This clause ensures that all prerequisites are addressed, reducing the risk of disputes and facilitating a smooth progression of the contractual relationship.
Performance of Covenants and Satisfaction of Conditions. To use its reasonable best efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to each Closing Date and to satisfy all conditions precedent to the delivery of the Firm Stock and the Optional Stock.
Performance of Covenants and Satisfaction of Conditions. Such Selling stockholder will use his, her or its best efforts to do and perform all things required to be done or performed under this Agreement by such Selling stockholder prior to the Closing Date and to satisfy all conditions precedent to the delivery of the Firm Stock and the Optional Stock.