Condition Precedent definition

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

  • Subject to the satisfaction or waiver of the Condition Precedent, Completion must take place by electronic means at 11:00am (AEST) on the Completion Date or such other place, date or time agreed in writing between the parties.

  • The parties’ obligations to complete the sale and purchase of the Completion Sale Shares is subject to and conditional upon the satisfaction or waiver (in accordance with clause 4.2) of the Condition Precedent.

  • A Participating Party may terminate this deed by giving notice in writing to the other parties if the Condition Precedent is not satisfied, or waived in accordance with clause 4.2, before 5.00pm on the Condition Precedent End Date.

  • The Condition Precedent may only be waived in writing by the Buyer and will be effective only to the extent specifically set out in that waiver.


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);