Conditions definition
Examples of Conditions in a sentence
Subject to the provisions of Part II and Part III hereof, all the provisions contained in the Standard Terms and Conditions of Trust are herein incorporated by reference in their entirety and shall be deemed to be a part of this instrument as fully and to the same extent as though said provisions had been set forth in full in this instrument.
The obligations expressed to be assumed by it in this Agreement are, subject to any general principles of law limiting its obligations which are specifically referred to in any legal opinion delivered pursuant to Clause 4 (Conditions of Utilisation), legal, valid, binding and enforceable obligations.
Any Obligor shall make any payment in respect of the Indebtedness arising under any Schein Note Purchase Agreement or any Schein Note other than (x) any Permitted Schein Expense Payment and, (y) solely to the extent the Permitted Schein Maturity Date Repayment Conditions are satisfied, any Permitted Schein Maturity Date Repayment.
Upon the proper exercise of such option to extend, and provided that Tenant satisfies all of the Option Conditions (except those, if any, which are waived by Landlord), the Lease Term, as it applies to the Premises, shall be extended for a period of five (5) years.
Landlord may, at ▇▇▇▇▇▇▇▇’s option, exercised in Landlord’s sole and absolute discretion, waive any of the Option Conditions in which case the option, if otherwise properly exercised by Tenant, shall remain in full force and effect.