Requisite Clause Samples
The 'Requisite' clause defines the necessary conditions or requirements that must be met for a particular obligation or action to take effect within an agreement. In practice, this clause may specify certain approvals, documents, or events that are mandatory before a party is required to perform its duties, such as obtaining regulatory consent or providing proof of insurance. Its core function is to ensure that all essential prerequisites are satisfied, thereby reducing the risk of disputes and clarifying when contractual obligations become enforceable.
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Requisite. The Servicer has the corporate power and authority to own its properties and conduct any and all business required or contemplated by this Agreement and to perform the covenants and obligations to be performed by it under this Agreement. The Servicer holds all material licenses, certificates and permits from all governmental authorities necessary for conducting its business as it is presently conducted.
Requisite. It needs to function completely independent of existing medical devices.
Requisite. The Italian pilot will target OSS course students, namely Health and Social Operators with a subsidiary role in nursing care (EQF4).
Requisite. The Administrator has the corporate power and authority to own its properties and conduct any and all business required or contemplated by this Agreement and to perform the covenants and obligations to be performed by it under this Agreement. The Administrator holds all material licenses, certificates and permits from all governmental authorities necessary for conducting its business as it is presently conducted.