Common use of Conditions Precedent to the Obligation of the Buyer to Accept a Drawdown and Purchase the Drawdown Shares Clause in Contracts

Conditions Precedent to the Obligation of the Buyer to Accept a Drawdown and Purchase the Drawdown Shares. The obligation hereunder of the Buyer to accept a Drawdown request and to acquire and pay for the Drawdown Shares is subject to the satisfaction at or before each Settlement Date, of each of the conditions set forth below.