{"component": "clause", "props": {"groups": [{"size": 18, "samples": [{"hash": "7HXO5M30Ofi", "uri": "/contracts/7HXO5M30Ofi#commitment-conditions", "label": "Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)", "score": 36.0335388184, "published": true}, {"hash": "5y6dD6zd8QE", "uri": "/contracts/5y6dD6zd8QE#commitment-conditions", "label": "Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)", "score": 35.0287475586, "published": true}, {"hash": "jeQBSQ78dJS", "uri": "/contracts/jeQBSQ78dJS#commitment-conditions", "label": "Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)", "score": 34.032169342, "published": true}], "snippet": "FFB shall be under no obligation to purchase the Bond under this Agreement unless and until each of the conditions specified in this article 3 has been satisfied.", "snippet_links": [{"key": "no-obligation-to-purchase", "type": "clause", "offset": [19, 44]}, {"key": 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the New Conseco Guaranty on or before the applicable Commitment Expiration Date;\n(4) The CIHC shall have executed and delivered the New CIHC Guaranty on or before the applicable Commitment Expiration Date;\n(5) To the extent not generally described on Schedule I hereto, the other conditions set forth in the New Loan Documents shall be similar to the conditions, including as to the satisfaction of any regulatory requirements, under the Existing Credit Agreement, and all of such conditions shall have been satisfied on or before the applicable Commitment Expiration Date;\n(6) The absence of the occurrence and continuation of any Termination Event; and\n(7) The Guarantor shall have certified in writing that the applicable Borrower has accepted the Plan and has satisfied the conditions to the Plan governing such Borrower's participation in the Plan.", "snippet_links": [{"key": "the-commitment", "type": "definition", "offset": [0, 14]}, {"key": "satisfaction-of", "type": "clause", "offset": 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Conditions Applicable to the Initial Request for Investment in an SPV Security. 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["conditions-specified-in-other-agreements", "Conditions Specified in Other Agreements"]], "id": "commitment-conditions", "related": [["increase-of-the-commitments", "Increase of the Commitments", "Increase of the Commitments"], ["provisions-related-to-extended-revolving-credit-commitments", "Provisions Related to Extended Revolving Credit Commitments", "Provisions Related to Extended Revolving Credit Commitments"], ["additional-conditions-to-revolving-loans", "Additional Conditions to Revolving Loans", "Additional Conditions to Revolving Loans"], ["additional-commitments", "Additional Commitments", "Additional Commitments"], ["the-commitment", "The Commitment", "The Commitment"]], "related_snippets": [], "updated": "2026-02-28T04:48:56+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Commitment Conditions clause sets out the specific requirements that must be satisfied before a party is obligated to proceed with a contractual commitment, such as funding, delivery, or performance. These conditions may include obtaining regulatory approvals, providing necessary documentation, or fulfilling certain pre-agreed actions by one or both parties. By clearly outlining these prerequisites, the clause ensures that all essential criteria are met before the contract becomes fully binding, thereby reducing risk and preventing premature obligations."}, "json": true, "cursor": ""}}