Conditions Precedent – Settlement Sample Clauses

Conditions Precedent – Settlement is conditional upon the satisfaction (or waiver) of the following Conditions Precedent:
Sample 1
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Conditions Precedent – Settlement. Disbursement of the net proceeds of the Bonds (net of fees and legal costs of the Managers and the Bond Trustee and any other agreed costs and expenses) to the Escrow Account will be subject to the Bond Trustee having received the following, in form and substance satisfactory to it, at least two Business Days prior to the Issue Date:
Sample 1
Conditions Precedent – Settlement. Disbursement of the net proceeds of the Bonds (net of fees and legal costs of the Manager and the Bond Trustee and any other agreed costs and expenses) to the Escrow Account will be subject to the Bond Trustee in due time having received the following, in form and substance satisfactory to it: this Bond Agreement, duly executed by all parties thereto; certified copies of all necessary corporate resolutions of each Obligor to issue the Bonds and execute the Finance Documents (with the exception of Finance Documents which are condition precedent to Distribution under Clause 6.4); a power of attorney from each Obligor (unless included in the relevant corporate resolutions) to relevant individuals for their execution of the relevant Finance Documents, or extracts from the relevant register or similar documentation evidencing such individuals' authorisation to execute the Finance Documents on behalf of each Obligor; certified copies of (i) the Certificate of Incorporation or other similar official document for each Obligor, evidencing that it is validly registered and existing and (ii) the Articles of Association of each Obligor; the Issuer's latest Financial Statements and Interim Accounts (if any); confirmation from the Manager that the requirements set out in Chapter 7 of the Norwegian Securities Trading Act (implementing the EU prospectus directive (2003/71 EC) concerning prospectuses have been fulfilled; to the extent necessary, any public authorisations required for the Bond Issue; confirmation that the Bonds have been registered in the Securities Depository; the Bond Trustee fee agreement set out in Clause 16.2, duly executed; copies of any written documentation used in the marketing of the Bonds or made public by the Issuer or the Manager in connection with the Bond Issue; a confirmation from the Issuer that no potential or actual Event of Default exists; any statements or legal opinions reasonably required by the Bond Trustee (including any capacity corporate opinions for each Obligor and opinions related to the validity, perfection and enforceability of the relevant Finance Documents); establishment of the Escrow Account Pledge, duly executed by all parties (including relevant acknowledgement from the bank); and establishment of the Bond Escrow Account Pledge, duly executed by all parties (including relevant acknowledgement from the account operator).
Sample 1

Related to Conditions Precedent – Settlement

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

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following 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 Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • Conditions Precedent to EFFECTIVENESS OF SECTIONS 2.01 AND 2.03. Sections 2.01 and 2.03 of 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 TO OBLIGATIONS OF EACH PARTY The obligations of each Party to effect the Merger and otherwise consummate the Contemplated Transactions to be consummated at the Closing are subject to the satisfaction or, to the extent permitted by applicable Law, the written waiver by each of the Parties, at or prior to the Closing Date, of each of the following conditions:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to the Consummation of the Purchase ---------------------------- The following are conditions precedent to the consummation of the Agreement on or before the Closing Date:

  • BUYER’S CONDITIONS PRECEDENT TO CLOSING The obligation of Buyer to close the transactions contemplated by this Agreement is subject to the satisfaction at or prior to the Closing of each of the following conditions precedent (any and all of which may be waived by Buyer in writing):

  • CONDITIONS PRECEDENT TO BUYER'S OBLIGATIONS The obligations of Buyer under this Agreement are subject to satisfaction or waiver by Buyer of each of the following conditions or requirements on or before the Closing Date:

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