Condition Precedent to Issuance Sample Clauses

Condition Precedent to Issuance. The issuance of the Issued Units shall not be effective until Yokomoto shall have agreed to be bound by the terms of the Operating Agreement.
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Condition Precedent to Issuance. The issuance of the Issued Units shall not be effective until L&G shall have agreed to be bound by the terms of the Operating Agreement.
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Condition Precedent to Issuance. The issuance of the Issued Units shall not be effective until Rennxx xxxll have agreed to be bound by the terms of the Operating Agreement.
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Condition Precedent to Issuance of the Letters of ---------------------------------------------------- Credit. The obligation of the LC Bank to issue the Letters of Credit is ------ subject to the conditions precedent that the Administrative Agent (in sufficient copies for each Bank) shall have received the following on or before the Date of the Issuance, each dated such date, in form and substance satisfactory to the Banks: (a) A copy of the Custodian Agreement, duly executed by the Company and the Trustee. (b) A copy of each Indenture, in each case duly executed by the Issuer and the Trustee. (c) A copy of each Financing Agreement, in each case duly executed by the Issuer and the Company. (d) A copy of each Bond Purchase Agreement and Remarketing Agreement, in each case duly executed by all parties thereto. (e) Certified copies of the resolutions of the Board of Directors of the Company approving this Agreement, the Letters of Credit and the Custodian Agreement and the transactions contemplated hereby and thereby, and of all other documents evidencing any other necessary corporate action. (f) An original (or a duplicate copy certified by the Company in a manner satisfactory to the Administrative Agent to be a true copy) of the application filed by the Company for the PSC Order and of each governmental action and regulatory approval (including, without limitation, the PSC Order and approvals or orders of the Issuer and the PSC) necessary for the Company to enter into this Agreement, the Letters of Credit and the Custodian Agreement and for the transactions contemplated hereby and thereby. (g) A certificate of the Secretary or an Assistant Secretary of the Company certifying the names and true signatures of the officers of the Company authorized to sign this Agreement and the other documents to be delivered by it hereunder. (h) A letter from Xxxxxxx and Xxxxxx, Bond Counsel, addressed to the Banks and stating therein that the Banks may rely on the opinions of such firm delivered in connection with the transactions contemplated hereby.
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Related to Condition Precedent to Issuance

  • Condition Precedent The obligations of the parties to this Agreement are subject to the Receiver and the Corporation having received at or before Bank Closing evidence reasonably satisfactory to each of any necessary approval, waiver, or other action by any governmental authority, the board of directors of the Assuming Institution, or other third party, with respect to this Agreement and the transactions contemplated hereby, the closing of the Failed Bank and the appointment of the Receiver, the chartering of the Assuming Institution, and any agreements, documents, matters or proceedings contemplated hereby or thereby.

  • Conditions Precedent to Consummation of the Distribution Subject to Section 5.03, as soon as practicable after the date of this Agreement, the Parties shall use reasonable best efforts to satisfy the following conditions prior to the consummation of the Distribution. The obligations of the Parties to consummate the Distribution shall be conditioned on the satisfaction, or waiver by Parent, of the following conditions:

  • Conditions Precedent to Funding The obligations of the Lender to make any Advance, are subject to the conditions precedent that the Lender shall have received the following, in form and substance satisfactory to the Lender:

  • Conditions Precedent to Initial Extension of Credit The obligation of each Lender to make an Advance or of any Issuing Bank to issue a Letter of Credit on the occasion of the Initial Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent before or concurrently with the Initial Extension of Credit:

  • Conditions Precedent to Initial Credit Extension Bank’s obligation to make the initial Credit Extension is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation:

  • CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

  • CONDITIONS PRECEDENT TO THE MERGER The obligations of the Parties to effect the Merger are subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • Conditions Precedent to Initial Advance The obligation of Bank to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

  • Conditions Precedent to Effectiveness This Agreement shall become effective on and as of the first date (the “Effective Date”) on which the following conditions precedent have been satisfied:

  • Conditions Precedent to Initial Transaction Buyer’s agreement to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from Seller any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory to Buyer and its counsel in form and substance:

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