Conditions with Respect to Closing Date. It is a condition precedent to the obligation of Owner Participant to advance funds to acquire the Vessels and to the occurrence of the Closing Date hereunder that all the following conditions shall have been fulfilled to Owner Participant’s satisfaction on or before the Closing Date:
Appears in 2 contracts
Samples: Acquire and Charter (Teco Energy Inc), Acquire and Charter (Tampa Electric Co)
Conditions with Respect to Closing Date. It is a condition precedent to the obligation of the Owner Participant to advance funds to enable the Shipowner to acquire the Vessels and to the occurrence of the Closing Date hereunder that all the following conditions shall have been fulfilled to the Owner Participant’s satisfaction on or before the Closing Date:
Appears in 2 contracts
Samples: Acquire and Charter (Tampa Electric Co), Acquire and Charter (Teco Energy Inc)
