Conditions on Release Sample Clauses

Conditions on Release. Upon written approval by Lender of the Survey of the Development Land, Mount Snow shall undertake, in its sole expense, to complete the additional conditions on release set forth below in this Section 3. Release of any Development Land from the Mount Snow Security Documents will be conditioned upon: (a) completion of any subdivision and any governmental approval process in order that the relevant Development Land is a legally created, separately taxed parcel (“Governmental Approvals”), (b) execution of any Lender required easement, covenant and restriction document (“REA(s)”) which will ensure adequate access, parking, compliance with zoning mandates, maintenance, and compatible uses between the Development Land and the remainder of the Mount Snow Ski Resort, (c) delivery of a survey of the remaining Mount Snow Ski Resort excluding the Development Land (in a form reasonably acceptable to Lender) (the “Mount Snow Ski Resort Survey”), (d) delivery of a down-date endorsement to Lender’s existing title policy in effect for the applicable Mount Snow Ski Resort (“Title Work”), (e) payment by Mount Snow of all third party costs including without limitation reasonable attorney’s fees incurred by Lender, associated with the satisfaction of the above conditions, and (f) approval by Lender in Lender’s discretion of Governmental Approvals, REAs, the Mount Snow Ski Resort Survey and Title Work.
Sample 1
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Related to Conditions on Release

  • Limitations and Conditions on Benefits The benefits and payments provided under this Agreement shall be subject to the following terms and limitations:

  • Certain Conditions Except as otherwise provided in Sections 2.2.4 and 2.3.4 of this Agreement, no Lender shall have an obligation to make any Loan, or to permit the continuation of or any conversion into any LIBOR Loan, and the Issuing Lender shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default exists.

  • Restrictions on Use Licensee is not permitted to make any use of the Licensed Marks in connection with products or services other than the Sprint PCS Products and Services, and as specifically authorized in Sections 1.1(b) above with respect to Related Equipment and Premium and Promotional Items, nor to make any use of the Licensed Marks directed outside of the Service Area.

  • General Restrictions on Use Advisor agrees to hold all Proprietary Information in confidence and not to, directly or indirectly, disclose, use, copy, publish, summarize, or remove from Company's premises any Proprietary Information (or remove from the premises any other property of Company), except (i) during the consulting relationship to the extent authorized and necessary to carry out Advisor's responsibilities under this Agreement, and (ii) after termination of the consulting relationship, only as specifically authorized in writing by Company. Notwithstanding the foregoing, such restrictions shall not apply to: (x) information which Advisor can show was rightfully in Advisor's possession at the time of disclosure by Company; (y) information which Advisor can show was received from a third party who lawfully developed the information independently of Company or obtained such information from Company under conditions which did not require that it be held in confidence; or (z) information which, at the time of disclosure, is generally available to the public.

  • Certain Conditions to Assignments Assignments shall be subject to the following additional conditions:

  • Limitations on Use Each Party shall use, and cause each of its Affiliates, its licensees and its sublicensees to use, any Confidential Information obtained by such Party from the other Party, its Affiliates, its licensees or its sublicensees, pursuant to this Agreement or otherwise, solely in connection with the activities or transactions contemplated hereby.

  • Restrictions on U.S Transfers. Transfers of interests in the Regulation S Global Security to U.S. persons (as defined in Regulation S) shall be limited to transfers made pursuant to the provisions of Section 3.03(h)(C).

  • Waiver of Closing Conditions Upon the occurrence of the Closing, any condition set forth in this Article V that was not satisfied as of the Closing shall be deemed to have been waived as of the Closing for the applicable Transferred Asset.

  • General Restrictions on Transfer (a) Each Stockholder understands and agrees that the Company Securities held by it on the date hereof may not have been registered under the Securities Act and may be restricted securities under the Securities Act. Each Stockholder agrees that it shall not Transfer any Company Securities (or solicit any offers in respect of any Transfer of any Company Securities), except in compliance with the Securities Act, any other applicable securities or “blue sky” laws, and the restrictions on Transfer contained in this Agreement.

  • Restrictions on Resale The Awardee agrees not to sell any Shares at a time when Applicable Laws, Company policies, or an agreement between the Company and its underwriters prohibit a sale. This restriction shall apply as long as the Awardee is a Service Provider and for such period after the Awardee's Termination of Service as the Administrator may specify.

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