Obligations Conditional Sample Clauses
An Obligations Conditional clause defines that a party's duties or responsibilities under a contract are only triggered if certain specified conditions are met. In practice, this means that a party is not required to perform its obligations—such as making payments, delivering goods, or providing services—until the agreed-upon conditions, like regulatory approvals or completion of prior steps, have been satisfied. This clause serves to protect parties from being bound to perform when key prerequisites are outstanding, ensuring that obligations are only enforceable when the necessary conditions are fulfilled.
Obligations Conditional. The obligations of the Public Offer Underwriters under this Agreement are conditional upon:
(i) HSBC, on behalf of the Public Offer Underwriters, receiving from the Company and the Selling Shareholder (as the case may be) the Conditions Precedent Documents not later than 6:00 p.m. on the Business Day before the Prospectus Date;
(ii) the Registrar of Companies in Hong Kong registering one copy of the Prospectus certified by two Directors (or by their agents duly authorised in writing) as having been approved by resolution of the Board and having endorsed thereon or attached thereto all necessary consents and other documents as required by the provisions of section 342C of the Companies Ordinance not later than the Business Day before the Prospectus Date;
(iii) the Listing Committee granting listing of and permission to deal in the Shares in issue and to be issued pursuant to the Pre-IPO Share Option Scheme and the Share Option Scheme (subject only to despatch of the share certificates in respect thereof and such other normal conditions acceptable to the Company and HSBC, on behalf of the Underwriters) not later than 16 May 2004 and such listing and permission not subsequently having been revoked prior to the commencement of dealings in the Shares on the Stock Exchange;
(iv) the Offer Price being duly determined as provided in Clause 2.5 and the Price Determination Agreement having been executed by the Selling Shareholder and HSBC (on behalf of the Public Offer Underwriters);
(v) the execution and delivery of the International Underwriting Agreement on or before the Price Determination Date; and
(vi) the International Underwriting Agreement; to the extent that it is subject to any specific conditions, becoming unconditional in accordance with its terms (other than any condition for the other Underwriting Documents to become unconditional) and not having been terminated in accordance with its terms or otherwise.
Obligations Conditional. Each Participant acknowledges and agrees that the obligations of ONE CARE to provide the Services and to perform its other obligations hereunder are subject to the receipt by ONE CARE of funding or compensation satisfactory to it in connection with such obligations.
Obligations Conditional. The obligations of the Hong Kong Underwriters under this Agreement are conditional upon:
(a) the Joint Global Coordinators (on behalf of the Hong Kong Underwriters), receiving
(i) the documents listed in Part A of Schedule 2 not later than 5:00 p.m. on the Business Day prior to the Prospectus Date and (ii) the documents listed in Part B of Schedule 2 not later than 5:00 p.m. on the Business Day prior to Closing, in each case (save as otherwise specified in Schedule 2) in form and content satisfactory to the Joint Global Coordinators;
(b) the lodging of the Hong Kong Prospectus and the Application Forms (and other required documents) with the Hong Kong Stock Exchange by 11:00 a.m. (or such later time as agreed by the Hong Kong Stock Exchange) on the Business Day prior to the Prospectus Date, and the Hong Kong Stock Exchange issuing a certificate pursuant to Section 342C(5) of the Companies Ordinance certifying that it authorises registration of the Hong Kong Prospectus prior to the Prospectus Date;
(c) the lodging of one copy of the Hong Kong Prospectus and each of the Application Forms duly certified by two Trustee-Manager Directors and two Company Directors (or by their agents duly authorised in writing) as having been approved by the resolutions of the Trustee-Manager Board and the Company Board (or a duly constituted committee thereof) and having all the documents required by the provisions of Section 342C of the Companies Ordinance to be endorsed thereon or attached thereto with the Registrar of Companies in Hong Kong not later than 3:00
Obligations Conditional. If the Calculation Agent at any time has not been provided with the requisite information (including, for the avoidance of doubt, any information relating to the identification of an acceptable replacement benchmark) to make any determination or calculation or take any action that it is required to pursuant to this Clause 12, it shall be released from its obligations to make such calculation. The Calculation Agent must notify the Issuer as soon as practicable on any Determination Date if it lacks sufficient information to make a calculation. The Calculation Agent shall be obliged only to perform the duties expressed to be performed by it in this Agreement and in the Conditions in respect of each Series of Notes in respect of which it is appointed as Calculation Agent. If the Calculation Agent at any material time does not or is unable to make any determination or calculation or take any action that it is required to do pursuant to the Conditions, it shall forthwith notify the Issuer, the Guarantor and the Fiscal Agent and the Issuer (or the Guarantor, as the case may be) shall appoint a replacement Calculation Agent for the purposes of providing such determination and calculation.
Obligations Conditional