Effect of conditions precedent Sample Clauses

Effect of conditions precedent. The satisfaction or waiver of each condition precedent in clause 3.1 is a condition precedent to the operation of clause 4 and the binding effect of this Scheme.
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Effect of conditions precedent. In the event the conditions precedent to consummation of this Agreement are satisfied or waived by the party they are to benefit on or before September 30, 2003, then the Unitholders, OSO, and the Company shall proceed with the consummation of this Agreement; otherwise, the obligations of the Unitholders, the Company, and OSO hereunder shall be terminated.
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Effect of conditions precedent. The satisfaction of each condition in clauses 3.1(a) to 3.1(f) (inclusive) of this Scheme is a condition precedent to the operation of this Scheme.
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Effect of conditions precedent. In the event the conditions precedent to consummation of this Agreement are satisfied or waived by the party they are to benefit on or before December 31, 2004, then Sotseks and the Company shall proceed with the consummation of this Agreement; otherwise, the obligations of Sotseks and the Company hereunder shall be terminated.
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Effect of conditions precedent. If any of the above conditions precedent to Buyer’s or Seller’s obligations are not fulfilled or performed to the satisfaction of the parties, or not otherwise waived by Buyer or Seller, as applicable, Buyer and Seller shall not be obligated to consummate the transactions contemplated by this Agreement, and any of the other documents and instruments required thereby. Notwithstanding anything to the contrary contained in this Agreement, or any of the other documents and instruments required by this Agreement, in the event that the transactions contemplated by this Agreement are not consummated, neither party shall be liable, or have any obligations owing, to the other party with respect to the transactions contemplated hereunder.
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Effect of conditions precedent. The satisfaction of each condition in clauses 3.1(a) to 3.1(g) (inclusive) of this Share Scheme (Condition) is a condition precedent to the operation of this Share Scheme.
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Related to Effect of conditions precedent

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

  • Waiver of conditions precedent The conditions specified in this clause 9 are inserted solely for the benefit of the Bank and may be waived by the Bank in whole or in part and with or without conditions.

  • Limited Waiver of Conditions Precedent If Agent, Issuing Bank or Lenders fund any Loans, arrange for issuance of any Letters of Credit or grant any other accommodation when any conditions precedent are not satisfied (regardless of whether the lack of satisfaction was known or unknown at the time), it shall not operate as a waiver of (a) the right of Agent, Issuing Bank and Lenders to insist upon satisfaction of all conditions precedent with respect to any subsequent funding, issuance or grant; nor (b) any Default or Event of Default due to such failure of conditions or otherwise.

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Other Conditions Precedent Each of the conditions set forth in Sections 4.1.4, 4.1.5, 4.1.6 and 4.1.10 shall have been satisfied unless the failure of any such condition to be satisfied is the result of any action or inaction by Mortgagee.

  • Conditions Precedent to EFFECTIVENESS OF SECTIONS 2.01 AND 2.03. Sections 2.01 and 2.03 of this Agreement shall become effective on and as of the first date (the "EFFECTIVE DATE") on which the following conditions precedent have been satisfied:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Evidence of Compliance with Conditions Precedent The Guarantor shall provide to the Guarantee Trustee such evidence of compliance with such conditions precedent, if any, provided for in this Guarantee Agreement that relate to any of the matters set forth in Section 314(c) of the Trust Indenture Act. Any certificate or opinion required to be given by an officer pursuant to Section 314(c)(1) may be given in the form of an Officers' Certificate.

  • General conditions precedent The agreement of the Finance Parties referred to in clause 2 (Agreement of the Finance Parties) shall be further subject to:

  • 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:

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