Common use of Conditions precedent documents Clause in Contracts

Conditions precedent documents. SECTION 3.1 Conditions to the Obligations of the Lessor and the Lender on the Closing Date. The obligations of the Lessor and the Lender to carry out their respective obligations under Section 2 of this Participation Agreement to be performed on the Closing Date shall be subject to the fulfillment to the satisfaction of, or waiver by, each such party (acting directly or through its counsel) on or prior to the Closing Date of the following conditions precedent:

Conditions precedent documents. SECTION 3.1 Conditions to the Obligations of the Lessor and the Lender on the Closing Date. The obligations of the Lessor and the Lender to carry out their respective obligations under Section 2 of this Participation Agreement to be performed on the Closing Date shall be subject to the fulfillment to the satisfaction of, or waiver by, each such party hereto (acting directly or through its counsel) on or prior to the Closing Date of the following conditions precedent: