Certain Contracts Satisfactory Sample Clauses
The "Certain Contracts Satisfactory" clause establishes that the effectiveness of an agreement is contingent upon the satisfaction or approval of specific contracts by one or more parties. In practice, this means that the parties must review and find acceptable certain related agreements—such as supplier contracts, leases, or service agreements—before proceeding with the main transaction. This clause ensures that all necessary ancillary arrangements meet the required standards, thereby protecting parties from being bound to a deal if critical supporting contracts are unsatisfactory or unfavorable.
Certain Contracts Satisfactory. The Depositor approves as satisfactory in form and substance the contracts to be assumed by the Trustee with regard to any Securities listed in Schedule A to the Reference Trust Agreement and authorizes the Trustee on behalf of the Trust to assume such contracts and otherwise to carry out the terms and provisions thereof or to take other appropriate action in order to complete the deposit of the Securities covered thereby into the Trust.
Certain Contracts Satisfactory. 6 Section 2.5. Deposit of Additional Securities...........................................................7