Common use of Additional Condition Precedent Clause in Contracts

Additional Condition Precedent. In addition to the conditions set forth in Article X of the Agreement, the obligations of the Receiver are subject to the satisfaction of the following condition: each of the Other Acquirers shall have entered into its respective Other Branch Agreement and all of the conditions to the Receiver's and each such Other Acquirer's obligations set forth in Article X of the Agreement shall have been satisfied or waived.