“Why include conditions precedent at all if there is going to be a simultaneous closing? It is not a necessity, but it does serve two useful functions: while the agreement is being negotiated, it creates a roadmap as to what the parties expect at the closing, and it creates a permanent record of what occurred at the closing.”


Charles M. Fox, Working With Contracts: What Law School Doesn't Teach You
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Working With Contracts: What Law School Doesn't Teach You (Pli Press's Corporate and Securities Law Library) Working With Contracts: What Law School Doesn't Teach You by Charles M. Fox
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