1Condition Precedent Clause Samples
1Condition Precedent. Purchaser’s obligation to pay the Initial Option Fee shall be conditioned on the execution and delivery by Owner to Purchaser of this Agreement (the “Condition Precedent”).
1Condition Precedent. The issuance of a Full Notice to Proceed by Owner shall be a condition precedent to the commencement of the Work under this Agreement. Until such time as Owner issues a Full Notice to Proceed, Contractor shall not, and is not authorized to, perform any Work hereunder.
1Condition Precedent. The obligations of the Parties under this BTA USA, and the completion of the transactions contemplated herein, are conditioned upon the satisfaction or waiver of the conditions precedent for NECT to consummate the Closing as set out in Sections 5.1 (a), Section 5.1(b) and Section 5.3 of the Master Agreement. ARTICLE IV
1Condition Precedent. The obligations of the Parties under this BTA Germany, and the completion of the transactions contemplated herein, are conditioned upon the satisfaction or waiver of the conditions precedent for NECT to consummate the Closing as set out in Sections 5.1 (a), Section 5.1(b) and Section 5.3 of the Master Agreement. ARTICLE IV
1Condition Precedent. The obligations of the Parties under this BTA Hong Kong, and the completion of the transactions contemplated herein, are conditioned upon the satisfaction or waiver of the conditions precedent for NECT to consummate the Closing as set out in Sections 5.1 (a), Section 5.1(b) and Section 5.3 of the Master Agreement. ARTICLE IV
1Condition Precedent. (At the time of the execution of this Agreement, there are sufficient funds budgeted and appropriated to compensate the Contractor only for performance of the services through and including Insert the project phases that have been fully funded
