COMPLETION UNDERTAKING Sample Clauses

COMPLETION UNDERTAKING. The Shareholder undertakes to use its best efforts to cause the Completion Date to occur by March 31, 2000.
Sample 1
AutoNDA by SimpleDocs
COMPLETION UNDERTAKING. The Sponsor shall ensure compliance by the Borrower with its obligations pursuant to subsection 6.15 of the Credit Agreement to cause the Substantial Operations Date to occur on or before December 31, 2012, as such date may be extended as a result of the occurrence of an Event of Force Majeure pursuant to subsection 7.19(B) of the Credit Agreement, and, to the extent necessary to ensure such compliance by the Borrower, the Sponsor shall (1) contribute (or cause to be contributed) Equity and/or provide (or cause to be provided) Shareholder Subordinated Indebtedness to cover Project Costs, regardless of whether such Project Costs fall due for payment before or after the Completion Date for either Phase and (2) fund all cost overruns, funding and interest shortfalls in relation to the Project, by way of contributing (or cause to be contributed) Equity and/or providing (or cause to be provided) Shareholder Subordinated Indebtedness to the Borrower, regardless of whether such cost overruns, funding and interest shortfalls fall due for payment before or after the Completion Date for either Phase.
Sample 1
COMPLETION UNDERTAKING. The Sponsor undertakes to use commercially reasonable efforts to cause the Borrower (a) to construct, complete and render operational the physical facilities of the Project as contemplated by the Project Description by the Limit Completion Date and (b) to achieve Completion by the Limit Completion Date.
Sample 1

Related to COMPLETION UNDERTAKING

  • Conditions Precedent to the Obligation of the Company to Close and to Sell the Securities. The obligation hereunder of the Company to close and issue and sell the Securities to the Purchasers at the Closing Date is subject to the satisfaction or waiver, at or before the Closing of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

  • Conditions Precedent to the Obligations of the Company to sell Shares at the Closing. The Company’s obligation to sell and issue to the Purchaser the Allocated Shares at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:

  • Conditions Precedent to Obligation of Purchaser The obligation of Purchaser to consummate the transaction hereunder shall be subject to the fulfillment on or before the Closing Date of all of the following conditions, any or all of which may be waived by Purchaser in its sole discretion:

  • Conditions Precedent to the Obligations of the Purchaser The obligation of the Purchaser to consummate the transactions contemplated by this Agreement is subject, at the option of the Purchaser, to the satisfaction at or prior to the Closing Date of each of the following conditions:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF DEVELOPER The obligations of Developer under this Agreement are conditioned upon the following:

  • CONDITIONS PRECEDENT TO THE OBLIGATIONS OF BUYER All obligations of Buyer under this Agreement are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any or all of which may be waived in whole or in part in writing by Buyer:

  • Conditions Precedent to the Obligations of the Purchasers The obligation of each Purchaser to acquire Securities at the Closing is subject to the satisfaction or waiver by such Purchaser, at or before the Closing, of each of the following conditions:

  • Conditions Precedent to the Obligations of Purchaser The obligations of Purchaser to consummate the transactions contemplated by this Agreement are subject to the fulfillment, on or prior to the Closing Date, of each of the following conditions, any of which may be waived in writing by Purchaser in its sole discretion:

  • Conditions Precedent to Obligations of the Purchaser The obligation of the Purchaser to consummate the transactions contemplated by this Agreement is subject to the fulfillment, on or prior to the Closing Date, of each of the following conditions (any or all of which may be waived by the Purchaser in whole or in part to the extent permitted by applicable law):

  • Additional Conditions Precedent No Lender has any obligation to make any Loan (including its first), and LC Issuer has no obligation to issue any Letter of Credit (including its first), unless the following conditions precedent have been satisfied:

Time is Money Join Law Insider Premium to draft better contracts faster.