Conditions for Effectiveness. This Contract comes into effect after it is signed, or affixed with common seal, by Party A's legal representative (responsible officer) or authorized agent, and signed, or affixed with common seal, by Party B's responsible officer or authorized agent.
Conditions for Effectiveness. This Agreement shall become effective, and the obligation of each Lender to advance any initial Revolving Loans, shall only take effect, on the date (the “Effective Date”) on which each of the following conditions has been satisfied (or waived in accordance with Section 9.11):
Conditions for Effectiveness. The effectiveness of each Supplemental Confirmation and the related Transaction on the Effective Date for such Transaction shall be subject to (i) the condition that the representations and warranties of Counterparty contained in the Underwriting Agreement and any certificate delivered pursuant thereto by Counterparty or any subsidiary of Counterparty are true and correct on the Effective Date as if made as of the Effective Date, (ii) the condition that Counterparty has performed all of the obligations required to be performed by it under the Underwriting Agreement on or prior to the Effective Date, (iii) the satisfaction of all of the conditions set forth in Section 3 and Section 6 of the Underwriting Agreement, (iv) the condition that the Underwriting Agreement shall not have been terminated pursuant to Section 10 thereof and (v) the condition that neither of the following has occurred (A) in Dealer’s commercially reasonable judgment, Dealer (or its affiliate) is unable through commercially reasonable efforts to borrow and deliver for sale a number of Shares equal to the Number of Shares, or (B) in Dealer’s commercially reasonable judgment, either it would be impractical for Dealer to borrow and deliver such number of Shares equal to the Number of Shares or Dealer (or its affiliate) would incur a Stock Loan Fee of more than a rate equal to 200 basis points per annum to do so (in each such event such Supplemental Confirmation shall be effective but the Number of Shares for such Transaction shall be the number of Shares Dealer (or an affiliate thereof) is able to borrow in connection with establishing its commercially reasonable hedge position at or below such cost. Counterparty’s obligations hereunder shall be subject to the condition precedent that Dealer and each affiliate of Dealer that is an Underwriter (as such term is defined in the Underwriting Agreement) shall have performed, on or prior to the Effective Date, all of the obligations required to be performed by it prior to the Effective Date under the Underwriting Agreement.
Conditions for Effectiveness. 4.1 Precondition for Party B to perform its obligations The precondition for Party B to pay equity transfer price is as follows: completion of the amendment to the Articles of Association according to this Agreement.
Conditions for Effectiveness. The respective obligations hereunder of Georgia Power to sell capacity and energy to Oglethorpe Power, and of Oglethorpe Power to purchase capacity and energy from Georgia Power, are conditioned upon:
Conditions for Effectiveness. 48 8.3 EMCs'Approval of any LT Resource as a Non-Recourse Resource.........................................49 8.4 FERC Changes; Rights to Terminate...................................................................51 8.5 Purchases After Expiration, Termination or Reduction................................................51
Conditions for Effectiveness. The amendments set out herein shall be conditional upon satisfaction of the conditions set out below, in form and substance satisfactory to the Agent, and shall become effective on the date of the Agent giving written confirmation of such satisfaction.
Conditions for Effectiveness. The effectiveness of this Agreement is subject to FRANCHISEE’s satisfaction of each and all of the conditions set forth below, each of which may be waived in whole or in part by the City.
Conditions for Effectiveness. The COMMISSIONER is entitled to reject for filing any lease submitted that the COMMISSIONER feels is not in the best interest of the state. Upon receipt of the COMMISSIONER's approval of this lease, the prospective LESSEE shall finalize this lease, have it recorded in each of the counties in which the leased premises are located, file a certified copy of each such recorded lease in the General Land Office and submit, along with the required certified copies of this lease, the bonus accruing to the State and the appropriate filing fees. No lease executed by the owner of the soil is binding on the state or effective until: it is approved by the COMMISSIONER; it recites the actual consideration paid or promised for the lease; the required certified copies of this lease are filed in the General Land Office and are accompanied by the appropriate filing fee for each such copy; and the bonus accruing to the state is paid to the COMMISSIONER. The filing fee due under this section shall be determined by the applicable statute and/or administrative rule in effect at the time this lease is filed in the General Land Office.
Conditions for Effectiveness. This Tenth Amendment shall be effective upon its execution and delivery by the Company and the Bank and the receipt by the Bank of:
