Common use of Additional Condition to the Obligations of AIG and the SPVs Clause in Contracts

Additional Condition to the Obligations of AIG and the SPVs. The obligations of AIG, the AIA SPV and the ALICO SPV to consummate the Recapitalization are subject to the satisfaction (or, to the extent permitted by applicable Law, waiver by AIG) of the following further condition: each of the FRBNY, the UST and the Trust shall have performed in all material respects all obligations required to be performed by it under this Agreement at or prior to the Closing.

Appears in 6 contracts

Samples: Master Transaction Agreement, Master Transaction Agreement, Master Transaction Agreement

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