Termination for Failure to Meet Conditions Precedent Sample Clauses

Termination for Failure to Meet Conditions Precedent. If the Parties do not meet their respective obligations set forth in Article 4.1 above with respect to any Engine by the Final Closing Date, this Agreement shall terminate and neither Party shall have any further obligation or liability to the other Party, unless the Parties agree otherwise. Notwithstanding the foregoing, in the event of a termination of this Agreement as provided in this Section 4.3 for any reason not attributable to Buyer, Seller shall promptly return to Buyer per Buyer’s written instructions the Per Engine Deposit in respect of each Engine for which a Closing Date will not occur by reason of such termination.
Sample 1
AutoNDA by SimpleDocs
Termination for Failure to Meet Conditions Precedent. If (i) the Construction Preconditions are not satisfied or waived on or prior to the Conditional Early Termination Date and construction has not commenced, or if (b) the Service Commencement Date does not occur within one hundred eighty (180) days of the date of this Agreement, then the Service Provider and Customer shall each have the option to terminate this Agreement upon thirty (30) days prior written notice to the other party if such conditions are not satisfied, waived or cured prior to the expiration of such thirty (30) day period.
Sample 1

Related to Termination for Failure to Meet Conditions Precedent

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

  • Mutual Conditions Precedent The respective obligations of the Parties to consummate the transactions contemplated hereby, and in particular the Arrangement, are subject to the satisfaction, on or before the Effective Date or such other time specified, of the following conditions, any of which may be waived by the mutual written consent of such Parties without prejudice to their right to rely on any other of such conditions:

  • Conditions Precedent to Effectiveness This Agreement shall become effective on and as of the first date (the “Effective Date”) on which the following conditions precedent have been satisfied:

  • Further Conditions Precedent The Lenders will only be obliged to comply with Clause 5.4 (Lenders’ participation) if on the date of the Utilisation Request and on the proposed Utilisation Date:

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

Time is Money Join Law Insider Premium to draft better contracts faster.