Precedents definition
Examples of Precedents in a sentence
When the Capacity Condition is not met but all other Condition Precedents are met, the applicable Path Usages will be treated as the Access Holder’s Path Usages for the purposes of clause 5 and Schedule 3 of this agreement only.
Each Party shall bear its respective costs and expenses of satisfying such Conditions Precedents unless otherwise expressly provided.
This amount is not refundable in any circumstances except if the Concession Agreement is terminated due to Authority not being able to complete its Condition Precedents as per timelines mentioned in this Agreement and termination thereof as per terms of this Agreement.
When the Network Exit Capability Condition is not met but all other Condition Precedents are met, the applicable Path Usages will be treated as the Access Holder’s Path Usages for the purposes of clause 5 and Schedule 3 of this agreement only.
For the avoidance of doubt any Works carried out before the Condition Precedents are satisfied in accordance with this Clause shall be at the Grant Recipient’s risk.
In the event that either Party does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 or Clause 4.1.3 above, within the period specified in respect thereof, the Parties may mutually agree to extend the aforesaid period of 365 (three hundred and sixty five) days for fulfilment of the Condition Precedents by such further period not exceeding 5 (five) years, as they may deem appropriate.
Precedents included with the Products may be used in Customer’s business and copied, modified and supplied to Customer’s clients in the course of Customer’s business of providing professional advisory services as lawyers or accountants.
In the event that any of the Conditions Precedents relating to the Concessionaire have not been fulfilled within 120 (one hundred and Twenty) days of the signing of this Agreement and also, the Concessioning Authority has not waived them fully or partially, this Agreement shall cease to have any effect as of that date and shall be deemed to have been terminated and Concessioning Authority shall not be liable in any manner whatsoever to the Concessionaire or persons claiming through or under it.
Each party shall bear its respective costs and expenses of satisfying such Conditions Precedents unless otherwise expressly provided.
The Parties shall also immediately upon fulfillment of all the respective Conditions Precedents inform to the other Parties that all Conditions Precedent have been satisfied.