Conditions Precedent and Term Sample Clauses

Conditions Precedent and Term. 2 2.1 Conditions Precedent 2 2.2 Term 2
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Conditions Precedent and Term. Subject to clause 1.6(b), this does not come into force or effect until TransGrid and the Customer have executed the Project Agreement [OPTION – NOTICE TO PROCEED] [, and the condition precedent under clause 1.1A(b) of the Project Agreement has been satisfied in accordance with the Project Agreement]. Clauses 1, 12.1, 13 to 20 (inclusive) and 22 come into force and effect on the Execution Date. Notwithstanding any other provision of this agreement, if the condition precedent referred to in clause 1.6(a) has not been satisfied or waived within 20 Business Days from the Execution Date, either the Customer or TransGrid may terminate this agreement by serving written notice to the other parties. Only TransGrid may waive the condition precedent referred to in clause 1.6(a). Notwithstanding any other provision of this agreement, TransGrid is not required to commence to perform the Connection Services or the Entry Services until: (i) TransGrid and/or AEMO have approved the Customer’s Technical Obligations and the Dedicated Assets Provider's Technical Obligations under the Rules where such approval is required under the Rules; and (ii) the Customer has provided to TransGrid Credit Support which satisfies the requirements of Schedule 1.
Conditions Precedent and Term 

Related to Conditions Precedent and Term

  • 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 The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Mutual Conditions Precedent The respective obligations of the Parties to consummate the transactions contemplated hereby, and in particular the Arrangement, are subject to the satisfaction, on or before the Effective Date or such other time specified, of the following conditions, any of which may be waived by the mutual written consent of such Parties without prejudice to their right to rely on any other of such conditions:

  • Further Conditions Precedent The Lenders will only be obliged to comply with Clause 5.4 (Lenders’ participation) if on the date of the Utilisation Request and on the proposed Utilisation Date:

  • Waiver of Conditions Precedent The conditions specified in this clause 9 are inserted solely for the benefit of the Bank and may be waived by the Bank in whole or in part and with or without conditions.

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

  • Conditions Precedent to Seller’s Obligations The obligations of Seller to effect the Closing of the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any of which may be waived in writing by Seller:

  • Conditions Precedent to Disbursement Agency’s obligation to disburse Grant Funds to Grantee under this Grant is subject to satisfaction of each of the following conditions precedent:

  • Conditions Precedent to Indemnification It shall be a condition precedent to the obligation of the Receiver to indemnify any Person pursuant to this Article XII that such Person shall, with respect to any claim made or threatened against such Person for which such Person is or may be entitled to indemnification hereunder:

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