Condition Subsequent definition
Condition Subsequent means the execution and delivery of the Parent Guarantee and the Parent Pledge Agreement by the Company.
Condition Subsequent means all actions and documents set forth in Clause 15.1.
Condition Subsequent means the execution and delivery to us by no later than September 20, 2004 of an amendment to the Financing Agreement amending Section 7.10 thereof to add an EBITDA covenant on a consolidated, rolling three-month basis for Konsyl Pharmaceuticals, Inc and Pharmaceutical Formulations, Inc., in form and substance and on terms and conditions satisfactory to us. The failure by you to fulfill the Condition Subsequent within the time specified above shall constitute an Event of Default under Section 10.1 of the Financing Agreement and we may exercise immediately any and all rights and remedies granted to us under the Financing Agreement.
Examples of Condition Subsequent in a sentence
Subject to this Scheme becoming Effective, the Condition Subsequent being satisfied and the provision of the Option Scheme Consideration in accordance with clause 6.1, on the Implementation Date the Scheme Options, together with all rights and entitlements attaching to them as at the Implementation Date, will be cancelled without the need for any further act by any Option Scheme Participant, and ATL must update the Option Register accordingly.
More Definitions of Condition Subsequent
Condition Subsequent. This Agreement shall be null and void and of no force or effect if the proposed spin-off of the Company from Corning Incorporated described in the Company's Form F10 dated September 20, 1996 and filed with the Securities & Exchange Commission is not consummated. Employment Agreement Covance Inc. and Xxxxxxxxxxx Xxxxxxx Page 23
Condition Subsequent means if at any time and for any and all periods during which the net worth of Mystic Partners, LLC (calculated based on the undepreciated historical costs of the assets of Mystic Partners, LLC, as set forth on Schedule II to the Loan Agreement) is less than Fifty Million and No/100ths Dollars ($50,000,000.00). Notwithstanding anything contained in this Guaranty to the contrary, if (i) a Condition Subsequent occurs or is in existence at any time on or after the date on which Lender has accelerated the Loan in accordance with the Loan Agreement or (ii) Lender has commenced enforcement of this Guaranty, Lender shall at all times thereafter be entitled to enforce all of its rights and remedies hereunder.
Condition Subsequent means any of them; 7 July
Condition Subsequent has the meaning given to that term in clause 4.1. Condition Subsequent End Date means 20 December 2024. Corporations Act means the Corporations Act 2001 (Cth). Court means a court of competent jurisdiction under the Corporations Act as agreed between the parties.
Condition Subsequent. A legal opinion as regards laws of the State of Delaware issued by Norton Xxxx Xxxxxxxxx US LLP