Conditions with Respect to Closing Date. It is a condition precedent to the obligation of the Owner Participant to advance funds to enable the Shipowner to acquire the Vessels and to the occurrence of the Closing Date hereunder that all the following conditions shall have been fulfilled to the Owner Participant’s satisfaction on or before the Closing Date:
Appears in 2 contracts
Samples: Agreement to Acquire and Charter (Teco Energy Inc), Agreement to Acquire and Charter (Tampa Electric Co)
Conditions with Respect to Closing Date. It is a condition precedent to the obligation of the Owner Participant to advance funds to enable the Shipowner to acquire the Vessels and to the occurrence of the Closing Date hereunder that all the following conditions shall have been fulfilled to the Owner Participant’s satisfaction on or before the Closing Date:
Appears in 2 contracts
Samples: Agreement to Acquire and Charter (Teco Energy Inc), Agreement to Acquire and Charter (Tampa Electric Co)
