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 condition subsequent established in Clause 5 of this Agreement.

Examples of Condition Subsequent in a sentence

  • Landlord shall have no liability whatsoever to Tenant relating to or arising from Landlord’s inability or failure to cause all or any portion of the Condition Subsequent to be satisfied.

  • SCHEDULE 8 The following are the actions to be completed as Condition Subsequent to Closing: The Company shall ensure the filing of Form PAS-3, and other necessary forms, in the requisite manner as required by the Act and within the time frames as set out under the Act.

  • Prior to the satisfaction of the provisions of paragraph (b) of Clause 14.40 (Condition Subsequent), the number of persons in whose names the Notes are or are to be registered will not exceed ten (joint holders being counted as one person).

  • Further, subsequent to signing of this Agreement, in case of any legal issues arising out of such handing over of the land resulting in delay in achieving Condition Subsequent and/or commissioning of the Project, the respective deadline for fulfilment of Condition Subsequent and/or the Scheduled Commissioning Date, as applicable, will be suitably extended by MSPDCL.

  • The Condition Subsequent is stipulated in the interest of the Company and therefore may be waived by the Company only.


More Definitions of Condition Subsequent

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.
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 ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Page 23
Condition Subsequent means if at any time and 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 as defined in Clause 3.1.
Condition Subsequent means, upon HBL's failure to meet the HBL Objective within the HBL Objective Period, the condition that, HBL achieves at least One Million US Dollars (USD 1,000,000) out of the HBL Objective within thirty six (36) months of the Completion Date.
Condition Subsequent means the following:
Condition Subsequent means that each of the Collateral Agreements listed in Part B of Schedule 3 is executed and delivered by all the parties to each such agreement and is unconditional in all respects (save only for the fulfilment of any condition relating to this contract becoming unconditional); and