share purchase agreement - The Law Society of Saskatchewan

48waived in whole or in part by the Vendor and the Shareholder at anytime. The Purchaser acknowledges that the waiver by the Vendor andthe Shareholder of any condition or any part of any condition shallconstitute a waiver only of such condition or such part of suchcondition, as the case may be, and shall not constitute a waiver ofany covenant, agreement, representation or warranty made by thePurchaser herein that corresponds or is related to such conditionor such part of such condition, as the case may be. If any of theconditions contained in section 6.3 hereof are not fulfilled orcomplied with as herein provided, the Vendor and the Shareholdermay, at or prior to the Closing Time at their option, rescind thisAgreement by notice in writing to the Purchaser and in such eventthe Vendor and the Shareholder shall each be released from allobligations hereunder and, unless the condition or conditions whichhave not been fulfilled are reasonably capable of being fulfilledor caused to be fulfilled by the Purchaser, then the Purchasershall also be released from all obligations hereunder.ARTICLE 7CLOSING7.1 CLOSING ARRANGEMENTS:Subject to the terms and conditions hereof, the transactionscontemplated herein shall be closed at the Closing Time at theoffices of [name, often a law firm representing Vendor orPurchaser] at [address] or at such other place or places as may bemutually agreed upon by the Vendor and the Purchaser.7.2 DOCUMENTS TO BE DELIVERED:At or before the Closing Time, the Vendor and the Shareholder shallexecute, or cause to be executed, and shall deliver, or cause to bedelivered, to the Purchaser all documents, instruments and thingswhich are to be delivered by the Vendor and the Shareholderpursuant to the provisions of this Agreement, and the Purchasershall execute, or cause to be executed, and shall deliver, or causeto be delivered, to the Vendor and the Shareholder all cheques orbank drafts and all documents, instruments and things which thePurchaser is to deliver or to cause to be delivered pursuant to theprovisions of this Agreement.