Feasibility Contingency definition

Feasibility Contingency. As defined in Section 9.1.
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Examples of Feasibility Contingency in a sentence

  • If Purchaser does not terminate this Agreement by written notice to Seller given prior to the expiration of the Contingency Period, Purchaser shall be deemed to have satisfied the Feasibility Contingency, in which event, subject to the terms and conditions hereof, Purchaser shall be obligated to close the transaction contemplated hereby.

  • Purchaser shall have through September 30, 2001 (the period from the date hereof through September 30, 2001 being the "Contingency Period") for satisfaction of the Feasibility Contingency.

  • Unless Buyer has obtained consent or waiving this condition within days (30 days, if not completed) after satisfaction of the Feasibility Contingency, and provided that Buyer has timely complied with its obligations under this Section; this Agreement shall terminate and Buyer shall receive a refund of the ▇▇▇▇▇▇▇ money.

  • Buyer shall accept possession subject to all tenancies disclosed to Buyer before the Feasibility Contingency Date.

  • Seller does not warrant the boundaries of the Property against encroachments and the Buyer may during the Feasibility Contingency Period have the property surveyed.

  • Upon waiver of the Feasibility Contingency as described in this Agreement below, the ▇▇▇▇▇▇▇ Money (subject only to Seller's subsequent default hereunder) shall be completely non-refundable to Purchaser.

  • If such notice is timely given, the feasibility contingency shall be deemed to be satisfied and Buyer shall be deemed to have accepted and waived any objection regarding any aspects of the Property as they exist on the Feasibility Contingency Date.

  • Purchaser shall have no right to terminate this Agreement on the basis of this Feasibility Contingency if Seller timely provides Purchaser notice of its intent to cure or remedy all of the items set forth in any Conditional Waiver Notice.

  • Buyer may, in Buyer's sole discretion, terminate this Agreement at any time by written notice to Seller if Buyer determines that the Feasibility Contingencies set forth in this Section 4.3 will not be satisfied by the expiration of the Feasibility Contingency Period.

  • If ▇▇▇▇▇ does not respond prior to the expiration of the Feasibility Contingency Period, Buyer shall be deemed to have elected this option (B).

Related to Feasibility Contingency

  • Due Diligence Examination shall have the meaning set forth in Section 3.2.

  • Commercial Operation means the Conditions of Operation in which the complete equipment covered under the Contract is officially declared by TSECL to be available for continuous operation at different loads upto and including rated capacity. Such declaration by TSECL, however, shall not relieve or prejudice the Contractor of any of his obligations under the Contract.

  • Obstetric condition means a condition that is listed under Group T4 (Obstetrics) in the Medicare Benefits Schedule.

  • Commercial Operations Upon satisfaction of the following conditions, the Facility shall be considered to have achieved Commercial Operations on the Day specified in Seller's written notice described below: (i) the Acceptance Test has been passed, (ii) all generating units have passed Control System Acceptance Tests, (iii) the Transfer Date has occurred, (iv) Seller has (1) provided to Company the Required Models (as defined in Section 6(a) (Seller's Obligation to Provide Models) of Attachment B (Facility Owned by Seller)) in the form of Source Code, (2) placed the current version of the Source Code for the Required Models with the Source Code Escrow Agent as required in Section 6(b)(i)(A) (Establishment of Source Code Escrow) of Attachment B (Facility Owned by Seller), or (3) if Seller is unable to arrange for the placement of the appropriate Source Code into the Source Code Escrow account, placed the required funds with the Monetary Escrow Agent as required in Section 6(b)(ii)(A) (Establishment of Monetary Escrow) of Attachment B (Facility Owned by Seller), and (v) Seller provides Company with written notice that (aa) Seller is ready to declare the Commercial Operations Date and (bb) the Commercial Operations Date will occur within 24 hours (i.e., the next Day).

  • Review Conditions means (i) the Delinquency Percentage for any Payment Date exceeds the Delinquency Trigger for that Payment Date and (ii) the Noteholders or Note Owners, as applicable, have voted, pursuant to Section 2.03(d) of the Receivables Purchase Agreement, to direct an Asset Representations Review of the Subject Receivables.