Additional Condition Precedent Sample Clauses

Additional Condition Precedent. For the purposes of Section 2(a)(iii) of the Agreement, it shall be an additional condition precedent that no Additional Termination Event with respect to the other party shall have occurred and be continuing.
AutoNDA by SimpleDocs
Additional Condition Precedent. In addition to the conditions set forth in Article X of the Agreement, the obligations of the Receiver are subject to the satisfaction of the following condition: each of the Other Acquirers shall have entered into its respective Other Branch Agreement and all of the conditions to the Receiver's and each such Other Acquirer's obligations set forth in Article X of the Agreement shall have been satisfied or waived.
Additional Condition Precedent. For the purposes of Section 2(a)(iii) it shall be a condition precedent that no Additional Termination Event with respect to the other party shall have occurred and be continuing. A Non-defaulting Party’s or Non-affected Party’s right to withhold payments or deliveries under Section 2(a)(iii) shall be limited to a period of 90 days after the relevant Event of Default, Potential Event of Default or Additional Termination Event. After the expiration of such 90-day period, the Non-defaulting Party or Non-affected Party, as applicable, shall resume performing its obligations under Section 2(a)(i) but shall not be deemed to have waived its right to name an Early Termination Date as a result of such Event of Default, Potential Event of Default or Additional Termination Event.
Additional Condition Precedent. The following subparagraph (f) shall be added to Section 6.1 of the Agreement.
Additional Condition Precedent. Subparagraph (f) of Section 6.1 of the Agreement, as created by the Fourth Amendment, is hereby amended by deleting therefrom the last three sentences of such Subparagraph (f) and replacing therewith the following:
Additional Condition Precedent. Section 6.2 of the Agreement is hereby amended by adding the following new Subparagraph (e):
Additional Condition Precedent. In addition to any other conditions precedent to funding set forth in this Agreement, prior to the funding of any Loans, Silicon shall have received information satisfactory to Silicon from Mxxxxxx Europe’s (fka Mxxxxxx Technologies, SA) lender, Cantonal Bank of Freiburg (“Cantonal Bank”), regarding its relationship with Mxxxxxx Technologies, Inc. and Mxxxxxx Europe. Borrower shall use its best efforts to cause Cantonal Bank to enter into an intercreditor agreement with Silicon, on Silicon’s standard form with such changes thereto as are acceptable to Silicon, regarding Cantonal Silicon Valley Bank Schedule to Loan and Security Agreement (Exim) Bank’s and Silicon’s relationships with Mxxxxxx Technologies, Inc. and Mxxxxxx Europe.
AutoNDA by SimpleDocs
Additional Condition Precedent. In addition to the satisfaction of all the other conditions precedent specified in Article 4 of the Loan and Security Agreement and this Supplement, Lender’s obligation to fund the Growth Capital Loan under Lender’s Commitment is subject to receipt by Lender of evidence satisfactory to it, as determined by Lender in its reasonable judgment, that as of the Borrowing Date of such Loan, Borrower does not have any outstanding Indebtedness to SVB. Subject to the foregoing and the other terms and conditions of the Loan and Security Agreement and this Supplement, Lender agrees to make a Growth Capital Loan to Borrower from the Closing Date up to and including the Termination Date in an original principal amount up to but not exceeding the Commitment.
Additional Condition Precedent. This Agreement is contingent on both parties executing it.
Additional Condition Precedent. In addition to the conditions precedent described in Section 4, the effectiveness of the Waiver with respect to the Event is subject to the additional condition precedent that the Company file on or before November 15, 2002 a registration statement to register for resale an additional 750,000 shares of its Common Stock issuable upon conversion of the Notes, with such date of filing being referred to in this letter as the "Registration Statement Date."
Time is Money Join Law Insider Premium to draft better contracts faster.