Condition Precedent definition

Condition Precedent means a policy term or condition upon which the Insurer's liability under the policy is conditional upon.

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Condition Precedent means one of the Conditions of Effectiveness listed in Sub-Clause 2.1 [Conditions of Effectiveness].

Condition Precedent means the condition precedent set out in clause 3.1 below;

Examples of Condition Precedent in a sentence

For the avoidance of doubt, a waiver of any Condition Precedent by the Purchaser for purposes of Completion shall not prevent the Purchaser from requiring the Seller to achieve the discharge or satisfaction or fulfilment of such Conditions Precedent after Completion and shall be without prejudice to any other rights or remedies that the Purchaser may have against the Seller for any antecedent breach of Clause 4.1.
Delivery of all such subordination acknowledgments shall be a Condition Precedent to the First Advance.
The Purchaser may at its sole and absolute discretion waive (in whole or in part) the relevant Condition Precedent to the Sellers and to proceed to give effect to Completion as far as practicable having regard of the non-fulfilment of any of the Condition Precedent.
The termination or full subordination of all existing indebtedness of Helios and its Subsidiaries, as listed in Schedule 4 - Corporate Debt, to the Obligations under this Agreement shall be a Condition Precedent to the effectiveness of this Agreement and to any Advance.
The provisions of Section 9 shall apply immediately upon execution and shall not be conditioned on the fulfillment of any outstanding Condition Precedent.

More Definitions of Condition Precedent

Condition Precedent means each of, or one of, the conditions set forth in Section 2.5(a)(i) through (iv) and “Conditions Precedent” shall refer to all of the conditions set forth in Section 2.5(a)(i) through (iv).

Condition Precedent means a Policy term or condition upon which the Company’s liability under the Policy is conditional upon.

Condition Precedent means a policy term or condition upon which the Insurer’s liability under the policy is conditional upon.

Condition Precedent means the conditions set out in Article 4 hereof.

Condition Precedent means receipt by Homes England of the Legal Opinion;

Condition Precedent means each of, or one of, the conditions set forth in Section 2.4(a)(i) through (iii) and “Conditions Precedent” shall refer to all of the conditions set forth in Section 2.4(a)(i) through (iii).

Condition Precedent has the meaning given in Clause 4.2 (Condition Precedent);