Prior Conditions Satisfied Clause Samples
The "Prior Conditions Satisfied" clause establishes that certain specified conditions must be met before a party is obligated to perform its duties under the contract. In practice, this may include requirements such as obtaining regulatory approvals, securing financing, or delivering specific documents before the agreement becomes effective. This clause ensures that all necessary prerequisites are fulfilled, thereby protecting parties from being bound to perform when essential conditions have not yet been satisfied.
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Prior Conditions Satisfied. All conditions set forth in § 10 shall continue to be satisfied as of the date upon which any Advance is to be made.
Prior Conditions Satisfied. All conditions precedent to closing shall continue to be satisfied as of the date of the Initial Advance (in the same manner in which they were satisfied for the closing without reimposing any one-time condition).
Prior Conditions Satisfied. All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made or any Letter of Credit is to be issued.
Prior Conditions Satisfied. All conditions set forth in Section 10 shall continue to be satisfied as of the date upon which any Loan is to be made.
Prior Conditions Satisfied. All conditions precedent to any prior Advance (in the same manner in which they were satisfied for the Initial Advance or prior Advance, as applicable, and without reimposing any one-time requirement) shall continue to be satisfied as of the date of such subsequent Advance.
Prior Conditions Satisfied. All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made, provided that this §11.1 shall not require any Borrower to comply with the conditions set forth in §10.2, §10.3, §10.4, and §10.5 with respect to any Real Estate which has previously been included in the Unencumbered Assets.
Prior Conditions Satisfied. All conditions precedent to the Closing and the initial advance of the Loan on the Closing Date set forth in §10 above, and any prior Loan under this §11 shall continue to be satisfied as of the Drawdown Date of such Loan.
Prior Conditions Satisfied. All conditions set forth in §9.1 shall continue to be satisfied.
Prior Conditions Satisfied. All conditions set forth in ss.10 shall continue to be satisfied as of the date upon which any Loan is to be made.
Prior Conditions Satisfied. All conditions precedent set forth in Section 4.01 shall continue to be satisfied as of the date of each Advance, provided that all such conditions precedent shall be deemed to be continued to be satisfied and Borrower shall have no obligation to deliver or satisfy any such conditions except that Borrower shall be obligated to deliver the documents referred to in Sections 4.01(f) and (g) hereof (if not previously delivered) and any amendments, modifications, substitutions, replacements or supplements to the documents referred to in Sections 4.01(c)-(h) and (k)-(l) hereof.
