Satisfaction of Commitment Sample Clauses
The Satisfaction of Commitment clause defines the conditions under which a party’s obligations under an agreement are considered fully met. Typically, this clause outlines the specific actions, deliverables, or milestones that must be completed to fulfill the commitment, such as payment of funds, delivery of goods, or completion of services. By clearly stating what constitutes satisfaction, the clause helps prevent disputes by ensuring both parties understand when obligations have been discharged and the agreement can move forward or conclude.
Satisfaction of Commitment. The Loan being made pursuant to the terms hereof and of the other Loan Documents is being made in satisfaction of Agent's and each of the Lenders' obligations under the Commitment dated October 16, 2003. The terms, provisions and conditions of this Agreement and the other Loan Documents supersede the provisions of the Commitment.
Satisfaction of Commitment. 69 14.15 Time Of the Essence.............................................69 14.16
Satisfaction of Commitment. At each closing during the Offering Period, the OP agrees to issue to the Company, and the Company agrees to purchase from the OP, one associate general partner interest of the OP for each $1,000,000 in Offering Proceeds received by the REIT at such closing, at a price per unit of $100,000.
Satisfaction of Commitment. The Purchaser may, in its sole discretion, satisfy the Commitment directly and/or indirectly through one or more of its direct or indirect subsidiaries (each, a “Purchaser Designee”); provided, however, any such Purchaser Designee shall be required to make the representations and warranties set forth in Section 5 to the Company and assume the obligations of the Purchaser hereunder, and the Purchaser shall remain liable under this Agreement as set forth herein.
Satisfaction of Commitment. For purposes of this Section 2(e), commitment shall be deemed satisfied when the Product is Delivered.
Satisfaction of Commitment. The Company hereby acknowledges that the Purchasers' purchase of the New Debentures and the Warrants fully satisfies all obligations of Insight to the Company pursuant to the commitment letter dated April 16, 2001 to provide "Financing" (as defined therein) and that the Company's obligations to Insight pursuant to such commitment letter remain in full force and effect.
Satisfaction of Commitment. The Facility being established pursuant to the terms hereof and of the other Loan Documents is being made in satisfaction of Agent's and each of the Lenders' obligations under the terms letter dated March 7, 2006. The terms, provisions and conditions of this Agreement and the other Loan Documents supersede the provisions of the terms letter.
Satisfaction of Commitment. The Loan being made pursuant to the terms hereof and of the other Loan Documents is being made in satisfaction of Lender's obligations under the Commitment dated April 22, 1997. The terms, provisions and conditions of this Agreement and the other Loan Documents supersede the provisions of the Commitment.
Satisfaction of Commitment. If applicable, upon customer’s satisfaction of the Minimum Annual Revenue Commitment as set forth in Section 6.1.b. above. Customer will continue to receive gas and pay the Charges set forth in Section 3 unless either party chooses to otherwise terminate this Agreement upon 30 days written notice.
Satisfaction of Commitment. Commencing on or around the date when the Company sells the minimum number of shares in the Offering, and semiannually thereafter, the OP agrees to issue to the Company, and the Company agrees to purchase from the OP, one associate general partner interest of the OP for each $1,000,000 in Offering Proceeds received by the REIT, at a price per unit of $100,000, in accordance with paragraph 1.1 hereof.