Conditionality. 2.1 Subject to Clause 2.2 below this Agreement shall have immediate effect
2.2 The covenants by the Owners in Clause 4 are conditional upon the grant by the Council of the Planning Permission on the Effective Date and Implementation of the Development
Conditionality. The right of the Investor to purchase shares in the Private Placement under this Section 1 shall be conditioned, in each case, upon the completion of the Qualified IPO. The Company may withdraw any registration statement for a Qualified IPO at any time without thereby incurring any liability to the Investor or any permitted assignee of the Investor or other party that has been apportioned rights hereunder.
Conditionality. 4.1 The obligations in this Agreement (save for the covenants in clauses 13 and 14) are unless otherwise specified conditional upon:
4.1.1 the grant of the Permission; and
4.1.2 save for clauses 16 (Notices), 17 (Payments), 20 (Dispute Resolution) and paragraph
4.1.1 of Schedule 1 and 2.1.1 and 3.1.1 of Schedule 2, Implementation of the Permission.
Conditionality. The Agreement is conditional upon any approval of the State for the Contractor that may be required in accordance with the PMA. For the purpose of obtaining such approval, the Contractor shall promptly provide such declarations as the State may require.
Conditionality. This Agreement (other than the provisions of Clauses 1, 2, 3, 16, 17, 51.5, 59, 60, 61, 63, 65, 67, 68, 69, 70, 71, 72, 73, 76, 77, 78 and 79) is conditional on the satisfaction of the Conditions Precedent in accordance with this Clause 3.
Conditionality. The Employee’s employment with the Employer is conditional upon the Employee having the right to work in India and producing such documentation as the Employer may require in this regard from time to time. If the Employee ceases to fulfil the criterion required under applicable law for working in India, the Employer may terminate the Employee’s employment immediately without notice or payment in lieu of notice. In addition, the Employee’s employment (or continued employment) with the Employer is subject to the Employee’s completion of, to the Company’s satisfaction, comprehensive background screening procedures, including without limitation, education, employment, residence, identity and other verifications; criminal records and civil database checks; and various compliance authority checks. The Employee agrees to provide to the Company and/or any background screening service provider of the Company all information necessary to conduct such background screening procedures, and hereby represents and warrants that such information provided is and will be accurate and complete. The Employee further consents to the collection, storage and independent verification of the information provided to the Company and/or any background screening service provider of the Company by the Employee for such employment purposes in terms of Clause 29 of this Agreement.
Conditionality. 3.1 The parties agree that the terms, conditions and provisions of this Deed shall have immediate operative effect when dated.
Conditionality. The vesting and payment of any Additional Payments, if any, are subject to the following conditions being cumulatively fulfilled on the respective due dates: · the Employment Agreement has not ended (e.g. by notice of termination issued either by the Company or the Employee, mutual agreement, retirement, death, disability or otherwise); · no notice of termination has been given under this Employment Agreement by either the Employee or the Company; · the Employee is not in a material breach of any of his obligations under the Employment Agreement;
Conditionality. 3.1. Landlord and Tenant will work together reasonably and in good faith to mutually agree on the Site, pursuant and subject to the terms and conditions set forth in Schedule 8. The terms of this Agreement and the obligations of the parties to it shall be conditional upon the Landlord Completing the Acquisition of the Site (defined in Clause 3.2, below) in accordance with Schedule 8.
3.2. Immediately upon the unconditional Completion of the Acquisition of a freehold interest in and to the Site by the Landlord, including the Landlord's delivery of the Registration Application Evidence to the Tenant, the provisions of this Agreement shall be deemed to be in full force and effect (i.e., such provisions shall no longer be deemed to be conditional) relative to the Building and the rights, duties, and obligations of Tenant and Landlord under this Agreement with respect to the Building. Notwithstanding the foregoing, the terms and provisions set forth in this Clause 3 and in Clauses 4, 9, 10, 13.1(b), 16, 23, 24, 25, 26, 27, 28, 29, 31, 32, 33, and 34 and Schedule 8 shall be effective, in full force and effect, and binding upon the parties hereto from and after the date of this Agreement. The term “Completion of the Acquisition”, and similar phrases used in this Agreement with regard to a Site, shall mean and refer to Landlord having delivered to the Tenant, the Conveyance Evidence and Registration Application Evidence evidencing Landlord having acquired a freehold interest in and to the Site.
3.3. Further, notwithstanding anything to the contrary contained herein, if Landlord does not Complete the Acquisition of a Site within three hundred sixty-five (365) calendar days after the effective date of this Agreement (the “Long Stop Acquisition Date”), Tenant shall have the right to terminate this Agreement (the “Acquisition Failure Termination Right”) by delivering written notice thereof to Landlord on or before the date that is thirty (30) days after the Long Stop Acquisition Date, which notice of termination shall be effective fifteen (15) days after the giving of such notice, but which notice of termination shall be deemed ineffective if, within said 15-day period, Landlord Completes the Acquisition of the Site and delivers the Conveyance Evidence and the Registration Application Evidence to Tenant. In the event (a) this Agreement is terminated pursuant to this Clause 3, and (b) the Rackspace Design Contribution Payment (defined in Schedule 7, item C.6.) has ther...
Conditionality. Clauses 2 to 13 of this Deed (inclusive) are conditional upon and shall be effective as from an underwritten public offering of shares in the Company pursuant to an effective registration statement under the Securities Act of 1933, as amended, covering the offer and sale of any securities of the Company on a U.S. exchange including, without limitation, NASDAQ (the “IPO”, the effective date of the IPO being the “Effective Date”). In the instance that the IPO does not take place on or before [—], this Deed will automatically terminate without liability to the parties.
