Opening Conditions definition
Examples of Opening Conditions in a sentence
The Commission may waive or modify the conditions contained in the Pre- Opening Conditions or may grant the School an additional planning year upon good cause shown.
Aladdin Gaming shall not begin Operating the Aladdin Hotel and Casino unless each of the Opening Conditions has been satisfied and Aladdin Gaming has delivered to GE Capital a certificate in the form of Exhibit T-I to the Senior Credit Agreement and the Construction Consultant has delivered to GE Capital a certificate in the form of Exhibit T-2 to the Senior Credit Agreement.
The Company shall thereafter open the Entertainment Facility and the Fairway Villas for business upon the Company’s reasonable determination that the Phase I Project (including the Entertainment Facility and the Fairway Villas) satisfies the Opening Conditions.
At such time as the Company believes that the Project is within eight months of satisfying the Opening Conditions, the Company shall request the Construction Consultant to issue a certificate to such effect.
Cause or permit the Opening Date to occur unless each of the Opening Conditions has been satisfied and the Company has delivered to the Disbursement Agent a certificate in the form of Exhibit W-6 and the Construction Consultant has delivered to the Disbursement Agent a certificate in the form of Exhibit W-7 to the Funding Agents' Disbursement and Administration Agreement.
If the Company has elected to build the Retail Facility as part of the Phase II Project, then the Company shall thereafter open the Retail Facility for business upon the Company's reasonable determination that the Phase II Project (including the Retail Facility) satisfies the Opening Conditions.
Lender shall have received such evidence of compliance with the Loan Opening Conditions and such other due diligence items as Lender or its counsel may reasonably require.
The parties further acknowledge that certain Approved Equipment Funding Commitments require that the Project be no more than eight months from satisfying the Opening Conditions before any advances may be made thereunder.
The Borrowers shall not, and shall not permit any of their Subsidiaries or the Mall Subsidiary to, open any portion of the Project for business such that the opening date would occur prior to the satisfaction of the Opening Conditions (as such term is defined in the Disbursement Agreement).
Borrowers shall not, and shall not permit any of their subsidiaries or Mall Subsidiary to, open any portion of the Project for business such that the Opening Date would occur prior to the satisfaction of the Opening Conditions.