Common use of Documentary Conditions Precedent Clause in Contracts

Documentary Conditions Precedent. The obligations of each Finance Party to the Company under this Agreement are subject to the condition precedent that the Agent has notified the Company and the Banks that it has received all of the documents set out in Schedule 2 in form and substance satisfactory to the Agent.

Appears in 3 contracts

Samples: Multicurrency Revolving Credit Facility Agreement (Scottish Power PLC), Multicurrency Revolving Credit Facility (Scottish Power PLC), Multicurrency Revolving Credit Facility (Scottish Power PLC)

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Documentary Conditions Precedent. The obligations of each Finance Party to the Company Borrower under this Agreement are subject to the condition precedent that the Facility Agent has notified the Company Borrower and the Banks that it has received all of the documents set out in Schedule 2 (Conditions Precedent Documents) in form and substance satisfactory to the Agentit.

Appears in 1 contract

Samples: 364 Day Multi Currency Revolving Credit With Term Out Option (National Grid Transco PLC)

Documentary Conditions Precedent. The obligations of each Finance Party to the Company any Borrower under this Agreement are subject to the condition precedent that the Agent has notified the Company Parent and the Banks Lenders that it has received all of the documents set out in Part I of Schedule 2 in form and substance satisfactory to the Agent, acting reasonably. The Agent will promptly notify the Parent upon such receipt.

Appears in 1 contract

Samples: Syndicated Credit Facility (Reuters Group PLC /Adr/)

Documentary Conditions Precedent. The obligations of each Finance Party to the Company any Borrower under this Agreement are subject to the condition precedent that the Agent has notified the Company Parent and the Banks that it has received all of the documents set out in Part 1 of Schedule 2 in form and substance satisfactory to the AgentAgent (acting reasonably).

Appears in 1 contract

Samples: Revolving Credit Facility (Syngenta Ag)

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Documentary Conditions Precedent. The obligations of each Finance Party to the Company any Obligor under this Agreement are subject to the condition precedent that the Agent has notified the Company and the Banks that it has received all of the documents set out in Schedule 2 Part 1 (Conditions Precedent Documents) in form and substance satisfactory to the Agent.

Appears in 1 contract

Samples: Revolving Credit Facility (Celltech Group PLC)

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