Failure to Achieve Conditions Precedent Sample Clauses

Failure to Achieve Conditions Precedent. If despite the diligent efforts of the Land Trust the conditions set forth in the afore-referenced Paragraph 2 are unable to be satisfied by the Closing Date, then the Town and the Land Trust may agree to an extension of the Closing Date in order to allow time to satisfy these conditions. If the Land Trust is unable to perform under this MOU by the expiration of the extended time, then this MOU shall be void and all obligations of the Parties shall cease.
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Failure to Achieve Conditions Precedent. If Transporter gives notice that it has determined that satisfaction of a condition precedent for its benefit set forth in section 4.2(a) is not reasonably possible, or if any condition precedent set forth in section 4.2(a) is not satisfied, or waived, by the date such condition precedent is required to be satisfied, then this Agreement shall terminate thirty (30) days following the date such notice was given or the condition precedent was required to be satisfied (whichever is earlier)(such date being the “Early Termination Date”). Transporter shall have no liability whatsoever to Shipper for such early termination, and as the sole and exclusive remedy of Transporter therefor, Shipper shall be responsible for the costs incurred by Transporter with respect to the Interconnection Facilities, and shall pay Transporter, within thirty (30) days following receipt of an invoice from Transporter setting out reasonable particulars, the following amounts:
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Failure to Achieve Conditions Precedent. If Transporter gives notice that it has determined that satisfaction of a condition precedent for its benefit set forth in section 4.4(a) is not reasonably possible, or if any condition precedent set forth in section 4.4(a) is not satisfied, or waived, by the date such condition precedent is required to be satisfied, then this Agreement shall terminate thirty (30) days following the date such notice was given or the condition precedent was required to be satisfied (whichever is earlier); and as the sole and exclusive remedy of Shipper therefor, Transporter shall be responsible for all costs incurred by Transporter with respect to the Reactivation Project, which costs Transporter would intend to recover from existing customers subject to requisite approvals from the BCUC, and there shall be no further obligations between the Parties.
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Failure to Achieve Conditions Precedent. By PGCPS, upon notice to Developer, if any of the Conditions Precedent have not been satisfied by the Effective Date Deadline.
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Related to Failure to Achieve Conditions Precedent

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

  • 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.

  • 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.

  • 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:

  • Mutual Conditions Precedent The respective obligations of the Parties to consummate the transactions contemplated hereby, and in particular the Arrangement, are subject to the satisfaction, on or before the Effective Date or such other time specified, of the following conditions, any of which may be waived by the mutual written consent of such Parties without prejudice to their right to rely on any other of such conditions:

  • Further Conditions Precedent The Lenders will only be obliged to comply with Clause 5.4 (Lenders’ participation) if on the date of the Utilisation Request and on the proposed Utilisation Date:

  • Conditions Precedent to Effectiveness 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 to Disbursement Agency’s obligation to disburse Grant Funds to Grantee under this Grant is subject to satisfaction of each of the following conditions precedent:

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

  • Conditions Precedent to Seller’s Obligations The obligations of Seller to effect the Closing of the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any of which may be waived in writing by Seller:

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