Completion is conditional on Clause Samples
The 'Completion is conditional on' clause defines that the finalization of a transaction or agreement is dependent upon the fulfillment of specified conditions. In practice, this means that certain requirements—such as regulatory approvals, delivery of documents, or satisfaction of due diligence—must be met before the parties are obligated to complete the deal. This clause ensures that both parties are protected from being forced to proceed if key prerequisites are not satisfied, thereby managing risk and providing a clear framework for when completion can occur.
Completion is conditional on. 2.1.1 the Court making an order confirming the repayment to Marconi out of Ultramast's capital of the MARCONI REDUCTION AMOUNT and any condition or undertaking imposed by the Court in that order being satisfied, no later than 15th February, 2003 or such later date as Marconi and RTS may agree, such agreement not to be unreasonably withheld or delayed; and
2.1.2 the Consent Order having been sealed by the Court, no later than 28th February, 2003, or such later date as Marconi and RTS may agree, such agreement not to be unreasonably withheld or delayed.
Completion is conditional on. (1) the passing of the ordinary resolution(s) by the Independent Shareholders at the EGM approving this Agreement and the allotment and issue of the Subscription Shares by the Company (including the Specific Mandate);
(2) the passing of an ordinary resolution by the Independent Shareholders at the EGM approving the Whitewash Waiver;
(3) the Executive having granted the Whitewash Waiver and the satisfaction of any condition attached to the Whitewash Waiver granted, and the Whitewash Waiver not being revoked;
(4) the Stock Exchange having granted the approval for the listing of, and permission to deal in, the Subscription Shares, and such approval not being revoked;
(5) the compliance with the applicable requirements under the Listing Rules by the Company; and
(6) all necessary consents, approvals, authorisations, waivers, or grant in accordance with any applicable laws, regulations or the articles of association to be obtained on the part of the Subscriber and its shareholders or on the part of the Company in respect of the Subscription and the transactions contemplated hereunder having been obtained and such consents, approvals, authorisations, waivers and grant not having been revoked prior to Completion.
Completion is conditional on a. the Framework Agreement being signed by AF and KL; and
b. the honouring (gestanddoening) of the Exchange Offer.
Completion is conditional on. (A) the Warranties being true, accurate and correct in all respects and not misleading in any respect at, and as if made on, the Completion Date;
(B) the Issuer shall have performed all agreements, obligations, covenants herein required to be performed or observed by the Issuer on or prior to the Completion Date in all material respects;
(C) since the date of this Agreement, (i) no applicable laws shall have been promulgated or enacted that materially delays or makes illegal the performance of this Agreement, (ii) no applicable injunction, restraining order or order of similar nature by a Governmental Authority that materially delays or makes illegal the performance of this Agreement shall be effective and (iii) no applicable Governmental Authority shall have instituted any claim, suit, action, arbitration, investigation or other legal or administrative proceeding against or affecting the Issuer that seeks to materially delay or make illegal the performance of this Agreement;
(D) all issued Shares remaining listed on, and not having been withdrawn from, the Stock Exchange and save for (i) any trading halts, (ii) any temporary suspension of not more than ten consecutive Trading Days,