PRE-CONDITIONS AND CONDITIONS Sample Clauses

PRE-CONDITIONS AND CONDITIONS. The Proposed Acquisition is subject to the Pre-Conditions set out in Appendix 1 (as well as to the Conditions set out in Appendix 2). This means that the posting of the Scheme Document and Fnac Prospectus will not take place until such time as the Pre-Conditions are satisfied or waived. The Proposed Acquisition is subject to the satisfaction (or waiver) of anti-trust clearance in both France and Belgium or, alternatively, by the European Commission. The turnovers of both Fnac and Xxxxx in each of France and Belgium mean the Proposed Acquisition is notifiable in both jurisdictions. Fnac and Xxxxx consider that, given the Proposed Acquisition concerns retail domestic markets, it is unlikely that the Proposed Acquisition would either (i) be deemed to constitute a concentration with an EU dimension and not referred to the French Competition Authority and the Belgian Competition Authority, or (ii) be referred to the European Commission by the French Competition Authority and/or the Belgian Competition Authority. These mandatory notification proceedings are all suspensory in effect. Due to the required pre-notification processes in both France and Belgium (or, alternatively, before the European Commission), which Fnac expects will take at least three months, it is expected that formal filings in respect of the Proposed Acquisition will only be able to be made with the relevant anti-trust authorities in Q1 2016. As a result, it is likely that Phase I clearances would not be received until the beginning of X0 0000. If Phase I clearances are obtained, it is expected that completion of the Proposed Acquisition would occur around mid-2016. If the French and Belgian competition authorities were to open Phase II proceedings, it is expected that clearances would only be achieved in Q3 2016 and that completion of the Proposed Acquisition would occur in Q4 2016. If the European Commission was to open Phase II proceedings, following the waiver of the Pre-Condition, the Scheme would lapse. Given the required regulatory timeframes summarised above, it is unlikely that the required clearances would be obtainable within the City Code timetable. Therefore, the Scheme is subject to the satisfaction (or waiver) of the Pre-Conditions, being anti-trust clearance in both France and Belgium (or alternatively, by the European Commission). The terms of the Pre-Conditions are set out in Appendix 1 to this Announcement. If the Pre-Conditions are waived, they would remain as Conditions to...
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Related to PRE-CONDITIONS AND CONDITIONS

  • Safe Conditions Whenever an employee reports a condition which the employee feels represents a violation of safety or health rules and regulations or which is an unreasonable hazard to persons or property, such conditions shall be promptly investigated. The appropriate administrator shall reply to the concern, in writing, if the employee's concern is communicated in writing.

  • Specific Conditions If applicable, specific conditions required after a risk assessment will be included in Exhibit G. Grantee shall adhere to the specific conditions listed therein.

  • BASIC CONDITIONS The State shall have no obligation to disburse money for the Project under this Grant Agreement until the Grantee has satisfied the following conditions:

  • Terms & Conditions The Contractor agrees to comply with the Terms and Conditions.

  • Standard Conditions This Agreement shall include all of the standard conditions as detailed in Exhibit B, attached hereto and by this reference incorporated herein.

  • SUPERIOR CONDITIONS 21.01 All existing benefits, rights, privileges, practices, terms or conditions of employment which may be considered to be superior to those contained herein and which are set out in Appendix 4 are specifically retained by this Agreement unless otherwise agreed by the local parties. The parties agree to remove from Appendix 4 those superior conditions which no longer have application. Where the parties cannot agree on whether a superior condition continues to have application, the issue will be reduced to a grievance and referred to arbitration.

  • OTHER TERMS & CONDITIONS 15.6.1. On termination of License Agreement:

  • Termination Conditions This Agreement terminates upon the earlier of any of the following events: 18.1. Podmínky ukončení platnosti smlouvy Platnost této smlouvy skončí, jakmile nastane kterákoliv z následujících událostí:

  • Unsafe Conditions In accordance with 29 CFR § 1977, occasions might arise when an employee is confronted with a choice between not performing assigned tasks or subjecting himself/herself to serious injury or death arising from a hazardous condition at the workplace. If the employee, with no reasonable alternative, refuses in good faith to expose himself/herself to the dangerous condition, he/she would be protected against subsequent discrimination. The condition causing the employee's apprehension of death or injury must be of such a nature that a reasonable person, under the circumstances then confronting the employee, would conclude that there is a real danger of death or serious injury and that there is insufficient time, due to the urgency of the situation, to eliminate the danger by resorting to regular statutory enforcement channels. In addition, in such circumstances, the employee, where possible, must also have sought from his Employer, and been unable to obtain, a correction of the dangerous condition.

  • Satisfaction of Conditions The conditions precedent set out in Section 6.1, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time.

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