Mutual Condition – Subdivision Sample Clauses

Mutual Condition – Subdivision. Both the Vendor and the Purchaser acknowledge and agree that the sale and purchase of the Subdivided Lands as herein contemplated is subject to and conditional upon the Subdivision of the Lands in accordance with the Subdivision Plan on or before the Closing Date, as evidenced by the registration of the Subdivision Plan in the Land Title Office (the “Mutual Condition – Subdivision”). In the event that the Mutual Condition – Subdivision is not satisfied on or before the Closing Date, failing further agreement between the parties hereto, the Agreement will become null and void and neither party shall have any further obligations to or rights against the other hereunder except as specifically herein provided.
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Related to Mutual Condition – Subdivision

  • Mutual Conditions The respective obligations of each party to consummate the purchase and issuance and sale of the Purchased Units shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions (any or all of which may be waived by a party on behalf of itself in writing, in whole or in part, to the extent permitted by applicable Law):

  • Mutual Concern Nothing in this section shall prevent the Employer from discussing matters of mutual concern with the employees of the Department.

  • 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:

  • SPECIAL CONDITION With respect to Liability to the Fund or its shareholders, and subject to applicable state and federal law, the Board Member shall be indemnified pursuant to this Section 1 against any Liability unless such Liability arises by reason of the Board Member’s willful misfeasance, bad faith, gross negligence, or reckless disregard of the duties involved in the conduct of his or her office as defined in such Section 17(h) of the Investment Company Act of 1940, as amended (“Disabling Conduct”).

  • Mutual Consent The mutual written consent of Buyer and Seller;

  • SPECIAL CONDITIONS A submitted appeal must;

  • HHSC SPECIAL CONDITIONS The terms and conditions of these Special Conditions are incorporated into and made a part of the Contract. Capitalized items used in these Special Conditions and not otherwise defined have the meanings assigned to them in HHSC Uniform Terms and Conditions -Grant- Version 2.16.1

  • – OTHER SPECIAL CONDITIONS The following additional special conditions apply to this agreement:

  • By Mutual Consent The Executive’s employment pursuant to this Agreement may be terminated at any time by the mutual written agreement of the Company and the Executive.

  • General Condition The Aircraft will:

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