Conditions Precedent to Commencement Clause Samples

Conditions Precedent to Commencement. The right of the Company to commence delivering VWAP Purchase Notices under this Agreement, and the obligation of the Investor to accept VWAP Purchase Notices delivered to the Investor by the Company under this Agreement, are subject to the initial satisfaction, at Commencement, of each of the conditions set forth in this Section 7.2.
View SourceView Similar (145)
Conditions Precedent to Commencement. The right of the Company to commence delivering Purchase Notices under this Agreement, and the obligation of the Investor to accept Purchase Notices delivered to the Investor by the Company under this Agreement (collectively, “Commencement”), are subject to the initial satisfaction of each of the conditions set forth in this Section 7.2, with date upon which all such conditions have been satisfied referred to herein as the “Commencement Date.”
View SourceView Similar (14)
Conditions Precedent to Commencement. The right of the Company to commence delivering VWAP Purchase Notices under this Agreement, and the obligation of the Investor to accept VWAP Purchase Notices delivered to the Investor by the Company under this Agreement, are subject to the initial satisfaction, at Commencement, of each of the conditions set forth in this Section 7.2; provided that the condition precedent set forth in Section 7.2(iii) shall be deemed satisfied within ten business days of the consummation of the Business Combination unless the Investor shall have delivered prior written notice to the Company that such condition precedent cannot be satisfied in its reasonable judgment.
View Source
Conditions Precedent to Commencement. The right of the Company to commence delivering Market Open Purchase Notices and Intraday Purchase Notices under this Agreement, and the obligation of the Investor to accept Market Open Purchase Notices and Intraday Purchase Notices timely delivered to the Investor by the Company under this Agreement, are subject to the initial satisfaction, at Commencement, of each of the conditions set forth in this Section 7.2.
View Source
Conditions Precedent to Commencement. The right of the Company to commence delivering ELOC Purchase Notices under this Agreement, and the obligation of the Investor to accept ELOC Purchase Notices delivered to the Investor by the Company under this Agreement, are subject to the initial satisfaction, at Commencement, of each of the conditions set forth in this Section 7.2.
View Source
Conditions Precedent to Commencement. The Term of this Lease shall commence (the “Commencement Date”) on the fifth (5th) business day after the satisfaction or waiver, in the sole and absolute discretion of the applicable waiving party, of the Tenant’s Pre-Commencement Conditions and the Landlord’s Pre-Commencement Conditions (as such terms are hereinafter defined), or on such other date as the parties may agree, unless this Lease is terminated by Landlord or Tenant in accordance with the terms and condition of this Section 1.4. Landlord and Tenant agree to memorialize the Commencement Date and the dates of the Lease Years in writing within five (5) business days of the Commencement Date.
View Source
Conditions Precedent to Commencement. The commencement of this agreement is subject to the conditions precedent that: (a) the Company, in a general meeting, has adopted a new Constitution, to come into force on or before 1 January 2001, in place of its Constitution in force in 1999, which new Constitution provides, in effect: (i) that any person admitted to membership of the Company as from the time it comes into force will be admitted only if that person is or has become a member of The Institute in its Australian Division and will cease to be a member of the Company if he or she ceases to be a member of The Institute in its Australian Division, and that, to the extent permitted by law, or with the relevant member’s consent, the membership of the Company of any person, who was a member prior to the new Constitution coming into force, will terminate on the member ceasing to be a member of The Institute in its Australian Division; and (ii) that the constitution of the Company provides for The Institute, while this agreement or a similar agreement is in force between the parties, to be a member of the Company with the exclusive right to appoint its directors and a right to exercise all votes that may be cast at a general meeting of the Company on a resolution to remove a director pursuant to section 227 of the Corporations Law and with a non-exclusive right to convene general meetings of the Company and to cast one-third of the votes cast on any proposed resolution to amend the Constitution. (b) the Council by 31 December 2000 has signed an agreement which, with effect from 1 January, 2001 establishes a committee of the Council designated as the “Committee for Australia” with delegated powers and responsibilities with respect to the exercise of the rights and powers of The Institute granted to it by the constitution of the Company and the affairs of The Institute in its Australian Division and its membership, including the responsibility to notify the Company of persons who are, have become or ceased to be members of The Institute in its Australian Division.
View Source
Conditions Precedent to Commencement. Contractor shall not be required to commence the Contract Work until after the last to occur of the following: (a) Receipt by Contractor of all necessary building permits; (b) Receipt by Contractor of notice from Lender, Lien Holder and/or Title Company (if any) that all documents to be recorded prior to commencement of construction have been properly recorded; and, (c) Receipt of all constructions funds by Escrow or Contract Fund control (if any).
View Source

Related to Conditions Precedent to Commencement

  • Conditions Precedent to Closing The Lender has entered into this Bond Purchase Agreement in reliance upon the Authority’s representations and agreements herein and the performance by the Authority of its obligations hereunder, both as of the date hereof and as of the date of Closing. The Lender’s obligations under this Bond Purchase Agreement are and shall be subject to the following further conditions: (a) at the time of Closing, the Documents and the Bond shall have been duly adopted or executed and delivered by the parties thereto and shall be in full force and effect and the Documents and the Bond shall not have been amended, modified or supplemented, except as may have been agreed to in writing by the Lender, and the Authority and the County shall have duly adopted and there shall be in full force and effect such resolutions as, in the opinion of Sands ▇▇▇▇▇▇▇▇ PC, Richmond, Virginia, Bond Counsel, shall be necessary in connection with the transactions contemplated hereby and thereby; (b) at the Closing, the Lender shall receive in addition to the Bond and the Documents, the following: (1) (A) the approving opinion, dated the date of Closing, in form and substance satisfactory to the Lender, of Bond Counsel (including an opinion that the Bond is “bank qualified”); and (B) the opinion of the County Attorney and of Authority Counsel, in the forms attached hereto as Exhibits B and C, with such changes in such opinion as Bond Counsel and the Lender shall approve; (2) Such additional legal opinions, certificates, proceedings, instruments, and other documents, as the Lender or Bond Counsel may reasonably request to evidence (A) compliance by the Authority with legal requirements relating to the issuance of the Bond, or the representations set forth in the Compliance Certificate, (B) the truth and accuracy, as of the date of Closing, of all representations herein contained, and (C) the due performance or satisfaction by the Authority and the County at or prior to such date of all agreements then to be performed and all conditions then to be satisfied as contemplated under this Bond Purchase Agreement; and (3) Resolutions of the Authority, the School Board and the Board of Supervisors, each authorizing the appropriate actions for this financing as approved by Bond Counsel. If the Authority shall be unable to satisfy the conditions to the Lender’s obligations contained in this Bond Purchase Agreement or if the Lender’s obligations shall be terminated for any reason permitted by this Bond Purchase Agreement, this Bond Purchase Agreement shall terminate, and neither the Authority, nor the Lender shall have any further obligations hereunder, except that (i) the representations and warranties of the Authority and the County set forth in Section 2 and Section 3, respectively, herein (as of the date made) will continue in full force and effect; and (ii) the obligations of the County to pay the expenses and costs set forth in Section 6 shall continue.