Common use of Completion is conditional on Clause in Contracts

Completion is conditional on. 2.1.1 the Court making an order confirming the repayment to Marconi out of Ultramast's capital of the MARCONI REDUCTION AMOUNT and any condition or undertaking imposed by the Court in that order being satisfied, no later than 15th February, 2003 or such later date as Marconi and RTS may agree, such agreement not to be unreasonably withheld or delayed; and 2.1.2 the Consent Order having been sealed by the Court, no later than 28th February, 2003, or such later date as Marconi and RTS may agree, such agreement not to be unreasonably withheld or delayed.