Conditions & Covenants Sample Clauses

Conditions & Covenants. 3.1 The scope of contract, consideration, terms of payment, price adjustment, taxes wherever applicable, insurance, penalties, performance guarantee and all other Terms and Conditions are contained in KSPDCL's letter of award/letter of intent (as applicable) no …………dated… for Shifting, dismantling and re-arranging of DTC, 11 KV & LT lines and arranging power supply to IP sets passing through 2000 MW Pavagada Solar Park in Rayacherlu and Tirumani Villages on TTK basis read in conjunction with other aforesaid contract document. The contract shall be duly performed by the Contractor strictly and faithfully in accordance with terms of the agreement.
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Conditions & Covenants. 3.1 Based on this Agreement, the Promoters/Beneficiaries shall issue work order to the empanelled firm of their choice in a standardized Format provided by MANIREDA wherein the following terms and conditions shall be incorporated: The scope of work, Consideration, Terms of payment, Taxes wherever applicable, Insurance, Liquidated Damages, and all other terms and conditions as contained in MANIREDA’s EOI No. EOI 5/SPP/RT/MANIREDA/2018-19, dated 9.8.2018 in conjunction with other aforesaid documents. The work shall be duly performed by the Firm strictly and faithfully in accordance with the terms of this Agreement and work order issued by the Promoter.
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Conditions & Covenants. It shall be a condition to the effectiveness of this Agreement that, on or before the execution hereof by Noteholder, (i) Borrower shall have paid the Noteholder (a) all unpaid taxes, insurance premiums, overdue monthly payments of principal and interest due and payable hereunder on the date of execution hereof, together with any late charges due under the Note and any other outstanding charges due to Noteholder under the Security Documents referred to in section 2 hereinabove, (b) the reprocessing/re-underwriting extension fee referred to in section 3 hereinabove, (c) attorneys' fees and charges incurred by Noteholder, referred to in section 19 hereinabove, and (d) the recording fees and any title insurance policy or endorsement premiums due to the Title Company referred to in section 11 hereinabove. The effectiveness of this Agreement shall also be conditioned on, prior to the execution of this Agreement by Noteholder, (i) Borrower's satisfactory completion, execution and delivery to Noteholder of a Notice to Borrower About Federal Disaster Relief Assistance relating to the Property, and (ii) Borrower's delivery to Noteholder or its counsel, in form satisfactory to Noteholder and its counsel, of those items set forth in that certain letter (including EXHIBIT "A" attached thereto) dated September 23, 1996, from BOMCC to Borrower. Satisfactory completion of the conditions listed above shall be evidenced by Noteholder's execution of this Agreement.
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Conditions & Covenants. 3.1 The scope of work under the Contract shall include .................................................
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Conditions & Covenants. Restrictions Providing for Public Use and Maintenance of Project Infrastructure.
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Conditions & Covenants 
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Related to Conditions & Covenants

  • Conditions as Covenants If the Lenders make any Loans, or the Issuing Lender issues a Letter of Credit, prior to the satisfaction of all applicable conditions precedent set forth in Sections 5.1 and 5.2, the Borrower shall nevertheless cause such condition or conditions to be satisfied within five (5) Business Days after the date of the making of such Loans or the issuance of such Letter of Credit. Unless set forth in writing to the contrary, the making of its initial Loan by a Lender shall constitute a certification by such Lender to the Agent and the other Lenders that the Borrower has satisfied the conditions precedent for initial Loans set forth in Sections 5.1 and 5.2 or such Lender has waived such conditions.

  • Conditions and Covenants All of the provisions of this Lease shall be deemed as running with the land, and construed to be “conditions” as well as “covenants” as though the words specifically expressing or imparting covenants and conditions were used in each separate provision.

  • Exceptions to Covenants The Borrower shall not take any action or fail to take any action which is permitted as an exception to any of the covenants contained in any of the Loan Papers if such action or omission would result in the breach of any other covenant contained in any of the Loan Papers.

  • TERMS, CONDITIONS AND COVENANTS In consideration of the Purchase Price, each of VL Funding and the VL Funding Eligible Lender Trustee hereby sells to each of Funding and the Interim Eligible Lender Trustee for the benefit of Funding the entire right, title and interest of VL Funding and the VL Funding Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Purchase Agreement Master Securitization Terms Number 1000 (the “Master Terms”) and any amendments thereto, incorporated herein by reference, among VL Funding, the VL Funding Eligible Lender Trustee, Funding, the Servicer and the Interim Eligible Lender Trustee. The Initial Payment for the Initial Loans shall be specified in a certificate to be delivered on and dated the Closing Date. This document shall constitute the Initial Purchase Agreement referred to in the Master Terms and, except as modified herein, each term used herein shall have the same meaning as in the Master Terms. All references in the Master Terms to Loans, Eligible Loans, Initial Loans or Purchased Loans, as applicable, shall be deemed to refer to the Loans governed by this Initial Purchase Agreement. VL Funding hereby makes all the representations and warranties set forth in Sections 5(A) and (B) of the Master Terms regarding the Initial Loans described in the Initial Xxxx of Sale and the related Loan Transmittal Summary Form, as of the Closing Date. Each of VL Funding and the VL Funding Eligible Lender Trustee for the benefit of VL Funding authorizes the Interim Eligible Lender Trustee for the benefit of Funding to use a copy of the Initial Xxxx of Sale, including the Loan Transmittal Summary Form attached to the Initial Xxxx of Sale (in lieu of OE Form 1074), as official notification to the applicable Guarantors of assignment to the Interim Eligible Lender Trustee on behalf of Funding of the Initial Loans purchased pursuant hereto on the Closing Date. The parties hereto intend that the transfer of Purchased Loans described in the Initial Xxxx of Sale and related Loan Transmittal Summary Form be, and be construed as, a valid sale of such Purchased Loans. However, in the event that notwithstanding the intention of the parties, such transfer is deemed to be a transfer for security, then each of VL Funding and the VL Funding Eligible Lender Trustee hereby grants to Funding and the Interim Eligible Lender Trustee for the benefit of Funding a first priority security interest in and to all Purchased Loans described in the Initial Xxxx of Sale and related Loan Transmittal Summary Form to secure a loan in an amount equal to the Purchase Price of such Purchased Loans.

  • Buyer’s Covenants Buyer hereby covenants as follows:

  • Other Covenants and Agreements The Company or, to the extent required hereunder, any Subsidiary should fail to perform or comply with any other covenant or agreement contained herein or in any other Loan Document or shall use the proceeds of any loan for an unauthorized purpose.

  • Covenants and Conditions; Construction of Agreement All provisions of this Lease to be observed or performed by Lessee are both covenants and conditions. In construing this Lease, all headings and titles are for the convenience of the Parties only and shall not be considered a part of this Lease. Whenever required by the context, the singular shall include the plural and vice versa. This Lease shall not be construed as if prepared by one of the Parties, but rather according to its fair meaning as a whole, as if both Parties had prepared it.

  • Survival of Covenants and Agreements The covenants and agreements of the parties to be performed after the Effective Time contained in this Agreement shall survive the Effective Time.

  • Seller’s Covenants Seller hereby covenants as follows:

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