Common use of COMMITMENT CONDITIONS Clause in Contracts

COMMITMENT CONDITIONS. 1. Conditions Applicable to the Initial Request for Investment in an SPV Security. The Secretary shall be under no obligation to accept any monies or make any investment in an SPV security under this MOU unless and until each of the conditions specified in this paragraph (in addition to each of the conditions specified below in paragraph 2 of this section of this MOU) has been satisfied.

Appears in 4 contracts

Samples: Investment Memorandum of Understanding, Investment Memorandum of Understanding, Investment Memorandum of Understanding

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