Delivery Conditions definition
Examples of Delivery Conditions in a sentence
If any of the Aircraft Documents listed in sections C, D, G, H, I, J or K of Part A of Schedule 8 below exhibit minor discrepancies that would not impact Lessee’s ability to operate the Aircraft, provided the Aircraft otherwise satisfies the Delivery Conditions, Lessee will accept Delivery of the Aircraft subject to an undertaking from Lessor to use best commercial efforts to cooperate with Lesseeto complete/rectify such Aircraft documents completion or correction after the Delivery Date.
No later than 10 Business Days following the satisfaction in full of the Holdback Delivery Conditions, Purchaser shall deliver or cause to be delivered the Holdback Shares (and evidence thereof) to Sellers (as allocated in accordance with the Sellers Allocation) via digital or electronic transfer to the accounts designated by Sellers.
For the avoidance of doubt, Purchaser shall have no duty or obligation to deliver or cause to be delivered any portion of the Holdback Shares unless and until the Holdback Delivery Conditions have been satisfied in full, and during the period from the Closing until such time as the Holdback Delivery Conditions have been satisfied in full (the “Holdback Period”), Sellers shall have no right to transfer, dispose of, encumber or otherwise permit or allow any Lien to be placed on the Holdback Shares.