Conditions Precedent to District’s Obligations Sample Clauses

Conditions Precedent to District’s Obligations. The District’s obligation to accept the conveyance of the City Property is subject to the timely satisfaction of the Conditions Precedent set forth in this section 2(f)(i) for the District’s benefit (or the District’s waiver thereof, it being agreed that the District may waive any or all of such conditions) on or prior to the dates designated below for the satisfaction of such conditions. If the District timely terminates this Agreement and the Escrow in writing due to the failure of any of such conditions which are not the result of the District’s default under this Agreement, then the District shall be relieved of all further obligations and liabilities under this Agreement. If the District fails to timely terminate this Agreement and the Escrow in writing due to the failure of any of such conditions, then the District shall be conclusively deemed to be satisfied with all aspects of the City Property.
Sample 1
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Related to Conditions Precedent to District’s Obligations

  • 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 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 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:

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

  • 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:

  • 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:

  • Conditions to Each Party’s Obligations The respective obligations of each Party to consummate the Merger are subject to the satisfaction of the following conditions:

  • 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:

  • 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:

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