Conditions of Withdrawal Sample Clauses

Conditions of Withdrawal. Any withdrawal from this Agreement pursuant to Section 3.3.1 or Section 3.3.2 shall be contingent upon the withdrawing party obtaining any necessary regulatory approvals for such withdrawal. The withdrawing Participating TO shall make a good faith effort to ensure that its withdrawal does not unduly impair the CAISO's ability to meet its Operational Control responsibilities as to the facilities remaining within the CAISO Controlled Grid.
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Conditions of Withdrawal. Any withdrawal from this Agreement pursuant to Section 3.3.1 or Section 3.3.2 shall be contingent upon the withdrawing party obtaining any necessary regulatory approvals for such withdrawal. The withdrawing Participating TO shall make a good faith effort to ensure that its withdrawal does not unduly impair the ISO's ability to meet its Operational Control responsibilities as to the facilities remaining within the ISO Controlled Grid.
Conditions of Withdrawal. 6.1 When withdrawing the money, Party A must meet the following preconditions: 6.1.1 Party A has completed the administrative licensing, approval, registration and other legal procedures related to loans under this contract in accordance with relevant laws, regulations and rules; 6.1.2 Party A has submitted relevant documents that meet Party B’s requirements; 6.1.3 Guarantee under this contract has completed the procedures agreed upon by both parties and has entered into force/Mortgage has been established/Pledge has been established; 6.1.4 Party A does not have any breach of contract; 6.1.5 Up to the time of withdrawal, the statements and guarantees made by Party A in this contract are still true, accurate and valid; 6.1.6 Up to the time of withdrawal, Party A’s operating and financial conditions are basically the same as those at the time of signing this contract, without any significant adverse changes. 6.2 After satisfying the above conditions, Party A shall go through the withdrawal formalities at Party B as stipulated in this contract and sign the loan certificate with Party B. The loan certificate is an integral part of this contract and has the same effect as this contract. 6.3 If Party A fails to meet the withdrawal conditions, the loan does not constitute a performance defect of Party B, nor does it indicate that Party B abandons the requirement of Party A to meet the above withdrawal conditions, Party A shall submit relevant information to Party B immediately upon meeting the withdrawal conditions. 6.4 Even if Party A meets the withdrawal conditions, in any case, Party B has the right to terminate or suspend all or part of the loan at any time without prior notice to Party A, qt this time, it does not constitute a default defect of Party B.
Conditions of Withdrawal a) Upon removal of the Facility by the Permittee, as verified by the City of Petaluma Community Development Department, City shall return to Permittee any remaining balance in the sub-account within thirty (30) days after certification by the Petaluma Community Development Department of said removal. b) Upon request in writing by Permittee, City may provide a draw from the subaccount to reimburse the Permittee for Facility removal. The City will release funds only if removal of the facility has been Page 1 of 5 Wireless Telecommunications Maintenance & Removal Agreement Last updated: August 2022 completed to the satisfaction of the City. In such event, any excess remaining in the sub-account after such draw shall be returned to Permittee. c) Upon the transfer of ownership of the Facility, the deposit amount shall be assigned to the new owner/provider in an amount equal to the balance remaining in original Permittee’s sub-account. The City shall not return any balance to the original Permittee except as otherwise provided in 4.a. above. d) If the Facility is deemed to be abandoned or obsolete, after notifying Permittee, the City shall use funds from the sub-account for removal of the Facility, no sooner than six (6) months after determination of abandonment or obsolescence by the Petaluma Community Development Director. Abandonment shall include failure to properly maintain facility, meet conditions of approval, or provide reports as required herein or as a condition of approval. In this event, any balance remaining in the sub-account is retained by the City and transferred to the General Fund for any municipal use.
Conditions of Withdrawal. The Credit Union reserves the right to require up to sixty
Conditions of Withdrawal. The undersigned owner hereby requests that the property be withdrawn unconditionally from the above-captioned exclusive right to sell listing agreement.
Conditions of Withdrawal. 1. The borrower may withdraw funds (unless the lender agrees to waive them) when this contract is in force and the following conditions are met: (1) The borrower has opened a relevant RMB or/and foreign exchange account with the lender or its branch; (2) The borrower has provided the lender with legal documents proving the legitimacy of the borrower, including but not limited to the latest and valid business license, approval certificate, joint venture or cooperation contract, articles of association, etc.; (3) The borrower has submitted to the lender an Application for Withdrawal and an Entrusted Payment Mandate; (4) The contract of guarantee in relation to the loan is in force, the formalities of legal and effective guarantee have been completed, and the guarantor has not breached the contract under the guarantee contract during the duration of this contract; (5) All formalities required in relation to this contract and by the lender, including but not limited to approval, registration, filing, insurance, notarization, witnessing, etc., have been completed; (6) The borrower has provided the lender with a capital verification report certifying that the borrower’s registered capital is validly contributed; (7) In accordance with the provisions of the borrower’s internal authorization system, the borrower has provided the lender with a resolution and a letter of authorization from the borrower’s board of directors and/or shareholders meeting (general meeting of shareholders) and other authorized authorities consenting to the loan under this contract; (8) The borrower has provided the lender with supporting documentation regarding the purpose of the loan under this contract; (9) The borrower has provided the lender with a loan note with a valid seal of the borrower; (10) When the lender deems necessary, the borrower shall notarize the loan contract and guarantee contracts such as the guarantee contract and the mortgage (pledge) contract with enforcement effect; (11) The borrower and/or the guarantor has paid all fees payable (if any) under this contract; 12. The borrower does not have a breach of contract under this contract or any other contract signed with the lender, other branch of the Bank of Jiangsu or other third party.
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Conditions of Withdrawal. 6.1 Party A must satisfy the following prerequisites upon withdrawing the loan: 6.1.1 Party A has handled administration license, approval, registration and other legal formalities related to the loan under the contract in accordance with relevant laws, rules and regulations; 6.1.2 Party A has submitted relevant documents consistent with Party B’s requirements; 6.1.3 Guarantee under the contract has been completed, and all both parties’ stipulated formalities are effective/mortgage right has been established/pledging right has been established; 6.1.4 Party A does not violate the contract; 6.1.5 Party A’s representations and warranties made in the contract are authentic, accurate and effective upon withdrawing the loan; 6.1.6 Party A’s operation situations and financial situations upon withdrawing the loan shall not have materially adverse changes from the situations when the contract is signed. 6.2 After satisfying the above conditions, Party A handles the withdrawal formalities in accordance with stipulations in the contract and signs the loan receipts with Party B. The loan receipts are compositions of the contract and have the same legal force as the contract. 6.3 Loan issued with Party A’s failure to satisfy the withdrawing conditions does not constitute Party B’s performance defects.
Conditions of Withdrawal. The borrower shall meet the following conditions for applying for withdrawal: (1) The borrower has the qualification of subject of assuming credit; its policy-making body or authority has reached a conclusion for agreement of borrowing according to law and has acquired approval of relevant authorities if it is needed. (2) Relevant guarantee formalities have been handled as required by the lender and the security is lawful and effective. (3) Use of the loans is in line with relevant laws and regulations, loan contract, agreement in business contract related to use of loans. (4) Relevant commitments made by the borrower when signing the contract are still true and effective with each withdrawal, have no significant or material adverse change, and have no other significant adverse circumstance that may affect performance of this contract. (5) Other agreement: N/A
Conditions of Withdrawal. Standard condition – approval by the Fund of the first • Additional conditions – may be general (applicable to all categories and activities) or specific (applicable to particular categories). • Withdrawals to meet the costs of starting up the Project/Programme may be made from the date of entry into force of the Agreement, subject to any limitations provided in the Financing Agreement (Section 4.02(b)). • This means that start up costs are eligible even before the AWPB has been approved and the other conditions have been fulfilled.
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