Concurrent Requirements Sample Clauses

Concurrent Requirements. At Closing each of the Parties hereto will deliver to the other such documents and make such payments of money as are required by the terms of this Agreement to be delivered or paid at the time of Closing and all matters of delivery of documents and payment of money by the parties hereto pursuant to this Agreement and the registration of all appropriate documents in all appropriate public offices of registration will be deemed to be concurrent requirements such that nothing is deemed to be completed until everything has been paid, delivered and registered with respect to the purchase and sale contemplated herein.
AutoNDA by SimpleDocs
Concurrent Requirements. It is a condition of this agreement that all of the requirements of sections 2.10, 2.15 and 2.16 are concurrent requirements and it is agreed that nothing will be completed on the Completion Date until everything required to be paid, executed and delivered on the Completion Date has been so paid, executed and delivered and until the District’s solicitors have satisfied themselves as to the registration and priority of the Transfer.
Concurrent Requirements. All of the matters of payment and delivery of documents by each Party to the other will be deemed to be concurrent requirements so that nothing is complete until everything has been paid, delivered and registered.
Concurrent Requirements. If circumstances prevent PCWA from selling water to the SSWD for groundwater stabilization, PCWA and the other members of the Water Forum Successor Effort will enter into negotiations with the objective of finding a mutual agreeable use of that water in Placer County by diversion at either Auburn or Folsom Reservoir or by an exchange or sale providing for delivery of it below the mouth of the American River. During drier years, PCWA will make available for purchase, water from its MFP reservoirs as replacement water for the City of Roseville and possibly for the City of Folsom and Georgetown Divide PUD diversions if the conditions in 2 above are met. All signatories will advocate that the State Water Resources Control Board (SWRCB), Federal Energy Regulatory Commission (FERC), the courts or all other entities taking action under their authority, not affect PCWAs water rights or operation of its MFP in a way that would prevent PCWA from meeting its commitments under either the Water Forum Agreement or its Diversion Agreement with Reclamation the United States Bureau of Reclamation (USBR) or prevent Reclamation’s the USBRs implementation of the Anadromous Fish Restoration Program (AFRP) flow releases for the lower American River. However, if in any year PCWAs supplies are reduced as a result of any action by the SWRCB, FERC, courts, or other entity, the amount by which PCWAs supplies are reduced shall be credited to PCWA and the City of Roseville as re- operation water under 2 and 3 above, to the extent it flows into Folsom Reservoir. This agreement is entered into with recognition that PCWA has water rights for 120,000 AF, receives 100,400 AFA from the Yuba/Bear rivers pursuant to a contract with PG&E, and 35,000 AF pursuant to a contract for CVP water. If for any reason those supplies are significantly reduced in amount or duration, other than normal deficiencies imposed by Reclamation the (USBR) on CVP contractors, it will be considered a changed condition and all Water Forum signatories will work in good faith to renegotiate relevant portions of the Water Forum Agreement. PCWAs entitlements to water not used before 2030 will remain available for PCWAs use after 2030.
Concurrent Requirements. 9.4 At Closing, provided Acadian has completed the Pre-Closing Reorganization, each of the parties hereto will release from escrow the Closing Documents and money tendered pursuant to §9.2 and §9.3.
Concurrent Requirements. It is a condition of this Agreement that all requirements of this paragraph 9 are concurrent requirements and it is specifically agreed that nothing will be completed on the Closing Date until everything required to be paid, executed and delivered on the Closing Date has been so paid, executed and delivered and until the Purchaser's solicitors have satisfied themselves as to the Purchaser's title under paragraph 9.6.
Concurrent Requirements. It is a condition of this Agreement that all requirements of this ‎Article 6 are concurrent requirements and it is specifically agreed that nothing shall be completed on the Closing Date until everything required to be paid, executed and delivered on the Closing Date has been so paid, executed and delivered and until the Optionee’s Solicitors have satisfied themselves as to the registration and priority of the Freehold Transfer.
AutoNDA by SimpleDocs
Concurrent Requirements. At the Closing, each Party will deliver to the other Party such documents and certificates as are required by the terms of this Agreement to be delivered or paid at the Closing Date and all matters of delivery of documents and certificates by the Parties pursuant to this Agreement and the registration of all appropriate documents in all appropriate public offices of registration will be deemed to be concurrent requirements such that nothing is deemed to be completed until everything has been paid, delivered and registered with respect to the purchase and sale contemplated herein.
Concurrent Requirements. It is a condition of this Agreement that all requirements of this Article 10 are concurrent requirements and it is specifically agreed that nothing will be completed on the Closing Date until everything required to be paid, executed and delivered on the Closing Date has been so paid, executed and delivered.
Concurrent Requirements. It is a condition of this Agreement that all requirements of Sections 10.5 to 10.7 are concurrent requirements and it is specifically agreed that nothing will be completed on the Closing Date until everything required to be paid, executed and delivered on the Closing Date has been so paid, executed and delivered and until the Purchaser’s Solicitors have satisfied themselves as to title and, if QLT elects to register the QLT Lease, the Vendors’ Solicitors have satisfied themselves as to registration and priority of the QLT Lease or the Short Form QLT Lease, as applicable, as provided in Section 10.7.
Time is Money Join Law Insider Premium to draft better contracts faster.