Satisfied Sample Clauses
The "Satisfied" clause establishes that certain obligations or actions are contingent upon one party being satisfied with a particular condition, performance, or deliverable. In practice, this means that a party must approve or accept something—such as the quality of work, completion of a milestone, or fulfillment of requirements—before further steps are taken or payments are made. This clause ensures that the party's expectations are met before proceeding, thereby protecting their interests and providing a clear standard for acceptance.
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Satisfied. The Client is Satisfied and shall be deemed to have approved a Formula if the Client:
a. So states in writing.
b. Does not request more experiments without explicitly stating that it is unsatisfied with the latest experiment, or
c. Uses the Formula, or a significantly similar substitute, to produce any product.
Satisfied. The Loan Parties represent, warrant and covenant to the Agent and each of the Banks that after giving effect to the waivers in this Section 2 above and upon satisfaction of the conditions set forth in Section 3 of this Amendment, each of the conditions in Section 8.2.6(2) of the Credit Agreement shall be satisfied with respect to each of the Ace Acquisition and the Champion Acquisition and each such acquisition shall constitute a "Permitted Acquisition" as such term is defined in Section 8.2.6(2).
Satisfied. The Investors hereby confirm that the condition provided for in Section 7.2(k)(iii) of the Securities Purchase Agreement is deemed to be satisfied.
Satisfied. Brookline Bancorp shall assume the retiree health plan of MFI and each MFI Subsidiary and shall have the same rights and obligations thereunder.
Satisfied. All Certificates issued under this Agreement shall be in all respects entitled to the benefits hereof and of the Owner Trust Estate.
Satisfied. The terms and conditions set forth in Section 5.1(a)-(i) shall have been satisfied, or in the alternative, otherwise waived.
Satisfied. The Administrative Agent shall provide written notice to the Borrower of the occurrence of the Third Amendment Effective Date promptly following the occurrence thereof.
