Litigation Condition Sample Clauses

Litigation Condition. There will be no actions, suits or proceedings pending or, to the knowledge of the AHIP Acquiring Subsidiary, threatened against or affecting the AHIP Acquiring Subsidiary at law or in equity, or before any federal, provincial, municipal or other governmental department, commission, board, bureau, agency or agencies relating to the AHIP Acquiring Subsidiary which, if successful, would materially adversely affect the AHIP Acquiring Subsidiary or the ability of the AHIP Acquiring Subsidiary to purchase the AHIP Development Property or SunOne Development Property, as applicable, in accordance with the terms of the Sale Agreement and there exists no such order, judgment or decree issued by any federal, state, municipal or other governmental department, commission, board, bureau, agency or agencies relating to the AHIP Acquiring Subsidiary. If any of the conditions contained in this Section 1.3(u) is not fulfilled or performed at or prior to the Closing Time to the satisfaction of the Developer, the Developer may by notice to the AHIP Acquiring Subsidiary, terminate the Sale Agreement and the obligations of the Developer and the AHIP Acquiring Subsidiary under the Sale Agreement shall thereupon terminate, and neither party to the Sale Agreement shall have any further liability to the other (save for the AHIP Acquiring Subsidiary’s obligation to restore any damage as set out in the Sale Agreement) relating to the AHIP Development Property or SunOne Development Property, as applicable. The Developer may waive any condition herein in whole or in part, and may proceed to complete the transaction. No such waiver can be given on a limited, qualified or conditional basis so as to reserve rights against the AHIP Acquiring Subsidiary after Closing in respect of the subject matter of such waiver.
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Related to Litigation Condition

  • Termination Conditions This Agreement terminates upon the earlier of any of the following events: 18.1. Podmínky ukončení platnosti smlouvy Platnost této smlouvy skončí, jakmile nastane kterákoliv z následujících událostí:

  • Room Condition The university agrees to provide and the resident agrees to maintain the assigned room and all public areas in and around the immediate building(s) accessible to the resident in a clean, safe and sanitary condition. Upon termination of this agreement, the student should leave the assigned room, its furnishings, and its equipment in as good an order and condition as the same were upon commencement of the student’s occupancy, ordinary wear and tear excepted. University staff will complete an inventory of furnishings and an assessment of damages; charges will be assessed to the responsible individual(s). Personal property left in a room following the termination of occupancy will be deemed abandoned. Students will be charged for the removal of such property.

  • SUPERIOR CONDITIONS 21.01 All existing benefits, rights, privileges, practices, terms or conditions of employment which may be considered to be superior to those contained herein and which are set out in Appendix 4 are specifically retained by this Agreement unless otherwise agreed by the local parties. The parties agree to remove from Appendix 4 those superior conditions which no longer have application. Where the parties cannot agree on whether a superior condition continues to have application, the issue will be reduced to a grievance and referred to arbitration.

  • Property Condition Seller agrees to maintain the Property in its current condition, subject to ordinary wear and tear, from the time this Agreement comes into effect until the Closing. Buyer recognizes that the Seller, along with any licensed real estate agent(s) involved in this transaction, make no claims as to the validity of any property disclosure information. Buyer is required to perform their own inspections, tests, and investigations to verify any information provided by the Seller. Afterward, the Buyer shall submit copies of all tests and reports to the Seller at no cost.

  • Waiver of Conditions Precedent The conditions specified in this clause 9 are inserted solely for the benefit of the Bank and may be waived by the Bank in whole or in part and with or without conditions.

  • Mandatory Conditions (a) Should the Employee or the Union fail to comply with any time limit in the grievance procedure, the grievance will be considered to be abandoned, unless the Parties have mutually agreed in writing to extend the time limits.

  • CHANGE IN CONDITIONS Any changes to the condition of the site or work from the time of the proposal to the time when Company starts the work shall be the responsibility of the Customer. Customer shall immediately notify Company by email of any changes not previously disclosed regarding the setup or site conditions. In the event of an increase in the work, the contract price shall be increased by a fair and reasonable valuation based upon the original contract rates. In either an increase or decrease in work, Customer shall provide an extra work notification to Company. Signing a time sheet is an automatic or extra work notification & serves as authorization of overtime pay.

  • Release Conditions As used in this Agreement, "Release Conditions" shall mean the following:

  • Waiver of Conditions The conditions to each of the parties' obligations to consummate the Merger are for the sole benefit of such party and may be waived by such party in whole or in part to the extent permitted by applicable law.

  • Merger of Conditions The conditions set out in §5.1 hereof shall be conclusively deemed to have been satisfied, waived or released upon the occurrence of the Effective Date.

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