Condition Precedents definition

Condition Precedents shall have the meaning as set forth in Article 4.1.1; “CP Completion” means the fulfilment of all conditions precedent;
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Condition Precedents means the condition precedents to be satisfied or waived pursuant to the Agreement and which Completion is subject and conditional upon
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Condition Precedents means the conditions specified in Part 1 of Schedule 5.
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Examples of Condition Precedents in a sentence

  • For the avoidance of doubt any Works carried out before the Condition Precedents are satisfied in accordance with this Clause shall be at the Grant Recipient’s risk.

  • The consultant will recommend the key bid parameters and make strategic recommendations towards the best suited terms and Condition Precedents (CPs) of the bid contract agreement which will address the requirements of the Clients.

  • The effective date of the Disposal will be the date on which all Condition Precedents have been fulfilled and the transfer date will be the date of registration of transfer of ownership of the Property.

  • In the event that either Party does not procure fulfilment of any or all of the Conditions Precedent set forth in Clause 4.1.2 or Clause 4.1.3 above, within the period specified in respect thereof, the Parties may mutually agree to extend the aforesaid period of 365 (three hundred and sixty five) days for fulfilment of the Condition Precedents by such further period not exceeding 5 (five) years, as they may deem appropriate.

  • In the event that the Concessionaire has fulfilled its Conditions Precedent and Concessioning Authority has not procured fulfilment of any or all of the Condition Precedents set forth in Article 4.1 within the period specified in respect thereof, the Concessioning Authority shall not be liable to pay any damages to the Concessionaire.

  • The date on which the Condition Precedents are satisfied by the Authority and Service Provider shall be the Appointed Date for commencement of Term.

  • The date of submission of copy of Net-Metering application, acknowledgment from DISCOM and submission of the PBG of the required value after fulfilment of all the Condition Precedents as mentioned in3.1 and 3.2 above would be termed as Effective Date of the PPA.

  • The Option Agreement is attached under Appendix B and contains Condition Precedents which both parties to the agreement have to satisfy before the Option Notice can be issued by Onion Collective which will trigger completion of the Building Lease.

  • Condition Precedents The obligation for the Underwriter to underwrite the Offer is subject to a number of condition precedents under the Underwriting Agreement.

  • The Condition Precedents in the Option Agreement are contained in Confidential Appendix C.

Related to Condition Precedents

  • Condition Precedent means a policy term or condition upon which the Insurer's liability under the policy is conditional upon.

  • Conditions Precedent means the conditions precedent set out in clause 3 below;

  • Satisfaction shall be a determination, in good faith, made by the Contractor and in accordance with commonly accepted industry standards. If the Contractor, Client, or other responsible party delays in making any payment to the Contractor, from which payment to Subcontractor is to be made, Contractor and its sureties shall have a reasonable time to make payment to Subcontractor. “Reasonable time” shall be determined in relation to relevant circumstances, but shall in no event be less time than required for Contractor, Contractor’s sureties, and Subcontractor to pursue a conclusion to their legal remedies against the Client or other responsible party to obtain payment, including, but not limited to, mechanics’ lien remedies.

  • Condition Satisfaction Date shall have the meaning set forth in Section 7.2.

  • Environmental and Social Commitment Plan or “ESCP” means the environmental and social commitment plan for the Project, dated May 14, 2020, as the same may be amended from time to time in accordance with the provisions thereof, which sets out the material measures and actions that the Borrower shall carry out or cause to be carried out to address the potential environmental and social risks and impacts of the Project, including the timeframes of the actions and measures, institutional, staffing, training, monitoring and reporting arrangements, and any environmental and social instruments to be prepared thereunder.

  • Due Diligence Examination shall have the meaning set forth in Section 3.2.

  • Obstetric condition means a condition that is listed under Group T4 (Obstetrics) in the Medicare Benefits Schedule.

  • Medical condition means either of the following:

  • Specified Conditions means, at any time of determination thereof, (a) no Incremental Term Loans in the form of an institutional term loan B facility have been issued and are outstanding pursuant to Section 2.20 of the Credit Agreement and (b) (i) the Company’s “corporate credit rating” from S&P (or such other term as S&P may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “S&P Rating”) shall be at least BBB- (with a stable outlook) and the Company’s “corporate family rating” from Xxxxx’x (or such other term as Xxxxx’x may from time to time use to describe the Company’s senior unsecured non-credit enhanced long term indebtedness, such rating, the “Xxxxx’x Rating”) shall be at least Baa3 (with a stable outlook) or (ii) (x) the Company’s S&P Rating shall be at least BBB- (with a stable outlook) or the Company’s Xxxxx’x Rating shall be at least Baa3 (with a stable outlook) and (y) the Leverage Ratio is less than or equal to 2.50 to 1.00.

  • Specified Condition means, with respect to a party, any event specified as such for that party in Paragraph 13.

  • We Are Committed To Your Satisfaction If you are not completely satisfied with XOOM’s Variable Rate plan for any reason, please contact us. If we are unable to resolve your concern to your full satisfaction, you may terminate this Contract, in accordance with its terms.

  • Satisfaction Date has the meaning set forth in Section 2.6.

  • Notice of Dissatisfaction means the notice given by either Party to the other indicating its dissatisfaction and intention to commence arbitration.

  • Unsafe condition as used in this clause means the actual or potential exposure of contractor or Government employees to a hazardous material as defined in Federal Standard No. 313, and any revisions thereto during the term of this contract, or any other material or working condition designated by the Contracting Officer's Technical Representative (COTR) as potentially hazardous and requiring safety controls.

  • Poor foundation conditions means those areas where features exist which indicate that a natural or man-induced event may result in inadequate foundation support for the structural components of an SWLF unit.

  • Conditions means these terms and conditions;

  • Practical Completion means that stage in the execution of a Named Project when the Works have been completed in accordance with the terms of the relevant Building Contract and/or the terms of this Agreement such that the AHP Dwellings comprised within the Named Project are fit for beneficial occupation as a residential development in accordance with applicable NHBC or equivalent requirements current at the date of inspection subject only to the existence of minor defects and/or minor omissions at the time of inspection which are capable of being made good or carried out without materially interfering with the beneficial use and enjoyment of the Named Project and which would be reasonable to include in a snagging list, and Practically Complete shall be construed accordingly; Process has the meaning ascribed to it in the DPA; Procurement Law means (as the case may be):

  • Condition of the Company means the Assets, business, results of operations and/or financial condition of the Company.

  • Unsatisfactory The Educator's performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator's performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • As low as is reasonably achievable (ALARA) means making every reasonable effort to maintain exposures to radiation as far below the dose limits in these regulations as is practical, consistent with the purpose for which the licensed or registered activity is undertaken, taking into account the state of technology, the economics of improvements in relation to state of technology, the economics of improvements in relation to benefits to the public health and safety, and other societal and socioeconomic considerations, and in relation to utilization of nuclear energy and licensed or registered sources of radiation in the public interest.

  • Litigation Conditions has the meaning set forth in Section 11.3.

  • Life-threatening condition means any disease or condition from which the likelihood of death is probable unless the course of the disease or condition is interrupted.

  • Extension Conditions Defined in Section 3.06(a).

  • Qualifying medical condition means seizure disorder,

  • Conditional approval means a time-limited status that results when an approved nursing education program has failed to maintain requirements as set forth in this chapter.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).