PRE-CONDITION Clause Samples
A pre-condition clause establishes specific requirements or events that must be satisfied before a party is obligated to perform its contractual duties. In practice, this might mean that a buyer must secure financing before a sale can proceed, or that certain regulatory approvals must be obtained prior to the commencement of services. The core function of this clause is to ensure that all necessary prerequisites are met, thereby protecting parties from being bound to perform when essential conditions have not yet been fulfilled.
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PRE-CONDITION. No payment of any kind will be made by the Client to the Seivice Provider in connection with or in relation to this Contract until the Client receives a valid invoice in strict compliance with Clause 10.3 in relation to the payment to be made.
PRE-CONDITION. 5.1 The parties will co-operate with each other in relation to securing the satisfaction of the Pre-Condition as soon as reasonably practicable after the date of this Agreement.
5.2 Equinix shall be responsible for contacting and corresponding with Relevant Authorities in relation to the satisfaction of the Pre-Condition (including preparing and submitting all necessary filings, notifications and submissions). Subject to Clause 5.6, Equinix shall:
(A) consult with Telecity to the extent reasonably practicable;
(B) keep Telecity promptly updated as to any developments which are material or potentially material to the satisfaction of the Pre-Condition; and
(C) afford Telecity and its advisers a reasonable opportunity to review and comment upon drafts of all material filings, notifications, submissions or communications required or proposed to be filed with, or notified or submitted or communicated to, any Relevant Authority by or on behalf of Equinix in respect of the Transaction and, acting reasonably and in good faith, shall give due consideration to the comments and requests of Telecity and its advisers in relation to such filings, notifications, submissions and communications.
5.3 Subject to Clause 5.6, Telecity undertakes to co-operate with Equinix and its advisers in relation to the satisfaction of the Pre-Condition and:
(A) to assist Equinix in communicating with any Relevant Authority in relation to the satisfaction of such Pre-Condition; and
(B) promptly to make available to Equinix the books and records of the Telecity Group, and such information and assistance and reasonable access to personnel (organised through Telecity’s legal advisers) as Equinix may reasonably require for the purposes of satisfying the Pre-Condition, including for the purpose of making a submission, filing or notification to any Relevant Authority in connection with satisfying the Pre-Condition and for the purpose of complying with any undertakings given by Equinix in connection with satisfying the Pre-Condition.
5.4 Equinix shall give Telecity reasonable prior notice of (which shall, to the extent practicable, include a copy of the agenda for), and shall permit Telecity and its advisers to participate in, all scheduled meetings and scheduled material telephone calls that Equinix or its advisers have with any Relevant Authority in relation to the satisfaction of the Pre-Condition (unless the Relevant Authority requests that Telecity should not participate in all or part of th...
PRE-CONDITION. This Contract shall be conditional upon the scheme of arrangement for the merger of the Company and Lattice Group plc becoming unconditional and effective by not later than 31st March 2002 or such later date (if any) as the Company and Lattice Group plc may agree and the High Court may allow.
PRE-CONDITION. Notwithstanding any other provision of this Agreement, the obligations of the Purchaser hereunder and Completion are conditional upon the Vendor, the Parent and the Company entering into the Supplemental Agreement in the agreed form annexed hereto at Schedule II.
PRE-CONDITION. The raw text of 'die tageszeitung' as used in the corpus is copyrighted by contrapress media gmbh, Berlin. LICENSEE certifies by signing this license agreement that LICENSEE has a valid license for the taz-CD edition or the taz-Wissenschafts CD- ROM (obtainable at ▇▇▇▇://▇▇▇.▇▇▇.▇▇).
PRE-CONDITION. It is a condition precedent to the validity of this Agreement that this Agreement shall come into effect only after approval is received from the relevant Helsinki Committee (“EC”). The performance of the Study shall commence only after the Committee approved the Study. Each of the Parties and the Investigator shall comply with all the requirements of the relevant EC and shall execute such assurances and other documents as such EC may request to be executed thereby.
PRE-CONDITION. This Agreement shall not have effect unless and until the Rule 2.5 Announcement has been issued.
PRE-CONDITION. 2.1. This agreement is conditional upon; closing the Share Sale Agreement; obtaining the Release Confirmations; and the exchange and completion of the Property Sale Agreement, prior to the Termination Date.
2.2. The provisions of clauses 3, and 4 take effect from the satisfaction of the Condition.
2.3. If the Condition is not satisfied by the Termination Date then this Agreement is at an end and of no further effect.
PRE-CONDITION. The Seller represents and warrants that all the information provided by him is true to the best of his knowledge, accurate and that he made no misrepresentation or false claims.
PRE-CONDITION. The obligations of Westpac NZ under this Agreement are subject to the condition precedent that it must have received all of the following in form and substance satisfactory to it:
a) the original of this Agreement duly executed by the Borrower, the original of the Deed of Subordination executed by the Borrower and the parties listed in schedule 1 therein, and the original of the ISDA Master Agreement and Schedule executed by the Borrower;
b) a certificate from a director of the Borrower in the form set out in the schedule and a verification certificate from a director of each of ArborGen Australia Pty Limited and ArborGen Australia Holdings Pty Limited;
c) the Security (where necessary duly registered), the other Bank Documents and any ancillary documentation as may have been notified to the Borrower by Westpac NZ or its solicitors as being related to this Agreement, the Facilities, the Security and/or the other Bank Documents;
d) evidence that all necessary Authorisations to enable the Borrower to enter into this Agreement, the Security and the other Bank Documents have been obtained and remain in full force and effect and that the Borrower has all necessary Authorisations (including under the Resource Management Act 1991) to carry on business;
e) evidence of registration of any financing statement in respect of the Security;
f) details of the location (by State/Territory) of the ArborGen Group’s Australian assets (including Australian assets owned by the Borrower), and the value of such assets;
g) confirmation from the Borrower that there has been no material adverse change in the ArborGen Group’s business, evidenced by current trading and contract retention, prior to drawdown of the Facilities; and
h) any other documents or evidence (including legal opinions) as Westpac NZ or its solicitors may require.