Conditions Precedent to Payment Obligations. In no event shall AASDI be entitled to receive any payment from prior to ASD‘s actual receipt of that payment from Client and AASDI waives all right to commence litigation, arbitration or any other proceeding against ASD or its sureties for payment until said monies are received by ASD. AASDI acknowledges that it is relying for payment solely on Client’s willingness and ability to pay for the work performed, and not on the ability of ASD or its sureties to pay for the work. AASDI expressly agrees that it retains the risk of Client’s insolvency or Client’s inability or refusal to pay for the Services, and such risk is not transferred to ASD. AASDI further acknowledges that it has had an adequate opportunity to perform its own inquiry into Client’s financing for the Project and is not relying on any information from ASD. AASDI agrees that ASD‘s sureties are intended third-party beneficiaries of this Section 11.2.
Conditions Precedent to Payment Obligations. To be eligible for the Water Main Extension Incentive and the Village Building Permit Waiver Incentive, the following conditions must be satisfied by the Developer no later than the one (1) year from the Effective Date of the Agreement (hereinafter referred to as the “Opening Date”), except for instances of Force Majeure:
Conditions Precedent to Payment Obligations. The following conditions must be satisfied or waived by the Village before the Village’s obligation to pay RARE the Rebate Payments as hereinafter provided commences:
Conditions Precedent to Payment Obligations. In no event shall AASDI be entitled to receive any payment from prior to ASD‘s actual receipt of that payment from Client and AASDI waives all right to
