Common use of Conditions Precedent and Subsequent Clause in Contracts

Conditions Precedent and Subsequent. 35.1 The obligations of the Charterers to charter the Vessel from the Owners under this Charter are subject to and conditional upon the Charterers' receipt, on or before the Actual Delivery Date, of the following documents in respect of the Owners:- (a) certified true copy of its certificate of incorporation (and any relevant certificate of incorporation on change of name); (b) certified true copy of its up-to-date articles of incorporation and by-laws; (c) its original certificate of good standing dated no earlier than fifteen (15) days before the Actual Delivery Date; (d) an original certificate of incumbency dated no earlier than fifteen (15) days before the Actual Delivery Date, setting out, inter alia, its directors, officers and shareholders; (e) certified true copy of its board and shareholder resolutions authorizing the Owners to enter into the transaction; and (f) (applicable only if any Transaction Document is executed by an attorney-in-fact for and on behalf of the Owners) an original power of attorney of the Owners appointing attorney(s)-in-fact and authorizing such persons to execute the relevant Transaction Documents for and on behalf of the Owners.

Conditions Precedent and Subsequent. 35.1 The obligations of the Charterers to charter the Vessel from the Owners under this Charter are subject to and conditional upon the Charterers' receipt, on or before the Actual Delivery Date, of the following documents in respect of the Owners:- (a) certified true copy of its certificate of incorporation (and any relevant certificate of incorporation on change of name); (b) certified true copy of its up-to-date articles of incorporation and by-laws; (c) its original certificate of good standing dated no earlier than fifteen (15) days before the Actual Delivery Date; (d) an original certificate of incumbency dated no earlier than fifteen (15) days before the Actual Delivery Date, setting out, inter alia, its directors, officers and shareholders; (e) certified true copy of its board and shareholder resolutions authorizing the Owners to enter into the transaction; and (f) (applicable only if any Transaction Document is executed by an attorney-in-in- fact for and on behalf of the Owners) an original power of attorney of the Owners appointing attorney(s)-in-fact and authorizing such persons to execute the relevant Transaction Documents for and on behalf of the Owners.