Suspensive Conditions definition
Examples of Suspensive Conditions in a sentence
In addition, the Parties agree that no act or event of the Closing shall be deemed valid until performance of all Suspensive Conditions (or otherwise lawfully waived).
The Parties shall undertake commercially reasonable efforts and jointly cooperate with each other to perform the Suspensive Conditions, as soon as possible.
Subject the fulfilment of the Suspensive Conditions, within 20 (twenty) Business Days after the receipt by the Trust of the capital contribution referred to in clause 3.2, the Company shall issue to and the Trust shall subscribe for the Subscription Shares in consideration for the Subscription Price and the Company shall against receipt thereof allot and issue the Subscription Shares to the Trust.
The Share Purchase Agreement is subject to the fulfilment of a number of Suspensive Conditions.
Subject to clause 3.2 (Suspensive Conditions), this Agreement shall commence on the Signature Date and shall endure until the earlier of the Termination Date or the Expiry Date.