Authority’s Conditions Precedent to the Closing Sample Clauses

Authority’s Conditions Precedent to the Closing. Authority’s obligations to make the Authority Subordinate Loan and the commencement of the Term and effectiveness of the Ground Lease for the Site, are each subject to the fulfillment by Developer (or written waiver by Authority) of each and every one of the Conditions Precedent (a) through (o), inclusive, described below, which are solely for the benefit of Authority, and which shall be fulfilled by Developer or waived by Authority within the time periods provided herein:
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Authority’s Conditions Precedent to the Closing. For and as to each Project, Authority’s obligations to make the Authority Subordinate Loan or provide Project Based Section 8 assistance, if applicable, and the commencement of the Term and effectiveness of each Ground Lease are each subject to the fulfillment by Manchester Developer as to the Manchester Project and by Orangewood Developer as to the Orangewood Project, as applicable (or written waiver by Authority) of each and every one of the Conditions Precedent (a) through (q), inclusive, described below, which are solely for the benefit of Authority, and which shall be fulfilled by the applicable Developer entity or waived by Authority within the time periods provided herein:

Related to Authority’s Conditions Precedent to the Closing

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Mutual Conditions Precedent The respective obligations of the Parties to consummate the transactions contemplated hereby, and in particular the Arrangement, are subject to the satisfaction, on or before the Effective Date or such other time specified, of the following conditions, any of which may be waived by the mutual written consent of such Parties without prejudice to their right to rely on any other of such conditions:

  • Conditions Precedent to Indemnification It shall be a condition precedent to the obligation of the Receiver to indemnify any Person pursuant to this Article XII that such Person shall, with respect to any claim made or threatened against such Person for which such Person is or may be entitled to indemnification hereunder:

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