SPECIFIC CONDITIONS PRECEDENT Sample Clauses

SPECIFIC CONDITIONS PRECEDENT. In case of credit line Facility Limits with specific destination, the Borrower shall be entitled to make the first utilisation of the Facility Limit only after fulfilling the following conditions precedent, in addition to the documents requested in accordance with Section 2 (Utilization of the Facility Limit. Conditions precedent) from Chapter 1 (General provisions) hereof, and the other conditions precedent provided in the relevant Credit Facility Agreement, if the case, respectively the receipt by the Bank of the documents attesting the utilization in compliance with the specific destination, having the form and content satisfactory to the Bank.
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SPECIFIC CONDITIONS PRECEDENT. Each of the following conditions precedent shall have been satisfied in a manner reasonably satisfactory to the Term Agent:
SPECIFIC CONDITIONS PRECEDENT. As a part of the Conditions Precedent, the Company and CGI shall:
SPECIFIC CONDITIONS PRECEDENT. As a part of the Conditions Precedent, the Company and the Promoters and the Selling Shareholders shall:
SPECIFIC CONDITIONS PRECEDENT. The obligation of the Bank to make available any Advance is subject to and conditional upon each of the conditions below being satisfied on or before the applicable Drawdown Date:
SPECIFIC CONDITIONS PRECEDENT. 5.01 Prior to making an Advance, Bank may require an inspection of the Premises by its employees and/or the Independent Engineer for the purpose of assuring that the progress and quality of the construction is as represented by the Notice of Borrowing requesting such Advance, and, until such inspection, Bank need not make the Advances therein requested. The Bank shall make such inspection within two (2) Banking Days after receipt of any Notice of Borrowing. If such inspection does not furnish such assurance to Bank, Bank may reject such Notice of Borrowing and need not make the Advance therein requested. If such inspection is not completed on or before the Borrowing Date specified in said Notice of Borrowing, Bank may defer any action as to that Notice of Borrowing for a reasonable time until such inspection is completed. Such inspection and determination is solely for the benefit of Bank, and the making of an Advance with or without such inspection shall not be a representation by Bank of any kind or nature nor a waiver by Bank of any rights Bank may have under this Agreement. Borrower shall provide Bank or the Independent Engineer with such further information, certifications, surveys (including foundation surveys) and other assurances as Bank or the Independent Engineer may require.

Related to SPECIFIC CONDITIONS PRECEDENT

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Buyer’s Conditions Precedent The obligations of Buyer to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Seller’s Conditions Precedent The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Additional Conditions Precedent No Lender has any obligation to make any Loan (including its first), and LC Issuer has no obligation to issue any Letter of Credit (including its first), unless the following conditions precedent have been satisfied:

  • Initial Conditions Precedent The obligation of the Lenders to effect or permit the occurrence of the first Credit Event hereunder, whether as the making of a Loan or the issuance of a Letter of Credit, is subject to the satisfaction or waiver of the following conditions precedent:

  • General conditions precedent The agreement of the Finance Parties referred to in clause 2 (Agreement of the Finance Parties) shall be further subject to:

  • Purchaser’s Conditions Precedent Except as may be waived in writing by Purchaser, the obligations of Purchaser hereunder are subject to the fulfillment at or prior to the Closing of each of the following conditions:

  • Conditions Precedent to EFFECTIVENESS OF SECTIONS 2.01 AND 2.03. Sections 2.01 and 2.03 of this Agreement shall become effective on and as of the first date (the "EFFECTIVE DATE") on which the following conditions precedent have been satisfied:

  • Other Conditions Precedent Each of the conditions set forth in Sections 4.1.4, 4.1.5, 4.1.6 and 4.1.10 shall have been satisfied unless the failure of any such condition to be satisfied is the result of any action or inaction by Mortgagee.

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

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