CONDITIONS TO CLOSING BY PARTICIPANTS Sample Clauses

CONDITIONS TO CLOSING BY PARTICIPANTS. The obligations of the Owner Participant and the Pass Through Trustee pursuant to Section 2 to participate in the payment of Lessor's Cost and to take the other actions contemplated by Section 2 to be taken by them on the Closing Date are subject only to the fulfillment on the Closing Date to the satisfaction of (including, with respect to writings, such writings being in form and substance reasonably satisfactory to the addressee or the beneficiary thereof) or waiver by such Participant of each of the following conditions precedent (other than (i) in the case of the Owner Participant, Sections 4.6(b), 4.8(e), 4.8(f), 4.10(b) and 4.11(b), and (ii) in the case of the Pass Through Trustee, Sections 4.6(a), 4.8(h) and (i), 4.9, 4.10(e) and 4.11(e)), except that the obligations of such Participant shall not be subject to such Participant's own performance or, if such Participant shall have the power to cause another Person to perform, such Participant's failure to cause such performance:
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CONDITIONS TO CLOSING BY PARTICIPANTS. The obligations of ------------------------------------- the Owner Participant and the Pass Through Trustee pursuant to Section 2 to participate in the payment of Shipowner's Cost and to take the other actions contemplated by Section 2 to be taken by them on the Funding Date are subject only to the fulfillment on the Funding Date to the satisfaction of or waiver by such Participant of each of the following conditions precedent (other than in the case of the Owner Participant, Sections 4.2(l), 4.6(f), 4.12(e), 4.13(e), 4.14 and 4.16), except that the obligations of such Participant shall not be sub ject to such Participant's own performance or, if such Participant shall have the power to cause another Person to perform, such Participant's failure to cause such performance:
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CONDITIONS TO CLOSING BY PARTICIPANTS. The obligations of ------------------------------------- the Owner Participant and the Pass Through Trustee pursuant to Section 2 to participate in the payment of Lessor's Cost and to take the other actions contemplated by Section 2 to be taken by them on the Closing Date are subject only to the fulfillment on the Closing Date to the satisfaction of or waiver by such Participant of each of the following conditions precedent (other than (i) - in the case of the Owner Participant, Sections 4.5(b), 4.7(d), 4.9(b) and 4.10(b), and (ii) in the case of the Pass Through Trustee, Sections 4.5, 4.7(g) -- and (h), 4.8, 4.9(e) and 4.10(e)), except that the obligations of such Participant shall not be subject to such Participant's own performance or, if such Participant shall have the power to cause another Person to perform, such Participant's failure to cause such performance:
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Related to CONDITIONS TO CLOSING BY PARTICIPANTS

  • Conditions to Closing Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at the Closing, of the following conditions:

  • Conditions to Closings Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at the Closing, of the following conditions:

  • Conditions to Close Escrow shall not close unless and until the following conditions precedent and contingencies have been satisfied or waived in writing by the party for whose benefit the conditions have been included:

  • Closing Conditions to Closing The Lender will not be obligated to make the initial Loans or to obtain any Letters of Credit on the Closing Date, unless the following conditions precedent have been satisfied in a manner satisfactory to Lender:

  • CONDITIONS TO CLOSING OF COMPANY The Company's obligation to sell and issue the Shares at the Closing is, at the option of the Company, subject to the fulfillment or waiver of the following conditions:

  • Conditions to Closing Date This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:

  • Conditions to Closing Termination 34 6.1 Conditions Precedent to Obligations of Purchaser........................... 34 6.2 Conditions Precedent to the Obligations of the Shareholders................ 37 6.3 Termination................................................................ 38

  • Company’s Conditions to Closing The Company’s obligation to issue and sell the Shares at the Closing is subject to the fulfillment as of the Closing of the following conditions (unless waived in writing by the Company):

  • Conditions to Second Closing The occurrence of the Second Closing is expressly contingent on (i) the truth and accuracy, on the Effective Date, Actual Effective Date and the Second Closing Date of the representations and warranties of the Company and Subscriber contained in this Agreement, (ii) continued compliance with the covenants of the Company set forth in this Agreement, (iii) the non-occurrence of any Event of Default (as defined in the Note) or other default by the Company of its obligations and undertakings contained in this Agreement, (iv) the delivery on the Second Closing Date of Second Closing Notes for which the Company Shares issuable upon conversion have been included in the Registration Statement, which must be effective as of the Second Closing Date, and (v) the delivery of the Second Closing Warrants for which the Warrant Shares issuable upon exercise have been included in the Registration Statement which must be effective as of the Second Closing Date. The exercise prices of the Warrants issuable on the Second Closing Date shall be adjusted to offset the effect of stock splits, stock dividends, pro rata distributions of property or equity interests to the Company's shareholders after the Initial Closing Date.

  • Actions to Satisfy Closing Conditions Each Party shall take all actions as are within its power and otherwise use its commercially reasonable efforts so as to ensure compliance with the conditions set forth in this Section 6.

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