CONDITIONS PRECEDENT; DUTY TO SUPPORT Sample Clauses

CONDITIONS PRECEDENT; DUTY TO SUPPORT. 4.1 Notwithstanding anything in this Agreement to the contrary, Section 4.2, Section 4.3 and Section 4.4 set forth certain conditions precedent to Bengal’s agreements and obligations under this Agreement. If any of these conditions precedent is not satisfied to the satisfaction of Bengal in its sole discretion, Bengal shall have the right not to execute or to terminate this Agreement without advance notice but specified in writing to Shipper. If this Agreement is terminated pursuant to this Section 4.1, Bengal and Shipper shall be released from any and all obligations under this Agreement, except as otherwise expressly provided for herein. Bengal’s right not to execute or to terminate this Agreement as a result of Section 4.2, Section 4.3 or Section 4.4 expires twelve (12) months from the Effective Date of this Agreement.
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CONDITIONS PRECEDENT; DUTY TO SUPPORT. Notwithstanding anything in this Agreement to the contrary, Sections 8.1 through 8.3 set forth conditions precedent to CCPS’s agreements and obligations under this Agreement. If any of these conditions precedent are not satisfied to the satisfaction of CCPS in its sole discretion, CCPS shall have the right to terminate this Agreement by written notice to Shipper. If this Agreement is terminated pursuant to this Section 8, CCPS and Shipper shall be released from any and all obligations under this Agreement.
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Related to CONDITIONS PRECEDENT; DUTY TO SUPPORT

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

  • Additional Conditions Precedent No Lender has any obligation to make any Loan (including its first), and LC Issuer has no obligation to issue any Letter of Credit (including its first), unless the following conditions precedent have been satisfied:

  • 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 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:

  • 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:

  • 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 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:

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

  • 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:

  • 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:

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