Essential Conditions Sample Clauses

Essential Conditions. Due in part to the nature of the Work DP is to perform, it is understood that the time for commencing and completion of the DP’s Services as specified herein are ESSENTIAL CONDITIONS of this Agreement. It is mutually understood and agreed that the services by DP set forth in this Agreement shall be promptly commenced when a Project Authorization listing the Project Scope has been executed by DP and Owner. All DP services shall be prosecuted regularly, diligently, and uninterruptedly at such rate of progress as will help ensure full completion of each Project Scope within the time set forth in the applicable Project Authorization.
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Essential Conditions. Due in part to the nature of the work DP is to perform, it is understood that the times for commencing and completing the DP’s Professional Services as specified herein are ESSENTIAL CONDITIONS of this DP Agreement. It is mutually understood and agreed that the Professional Services by DP set forth in this DP Agreement shall be promptly commenced on a date to be specified in a notice to proceed, and in no event later than xxxx (xx) days after the execution of this DP Agreement, whichever first occurs. Consistent with the Standard of Care set forth in this DP Agreement, all Professional Services shall be prosecuted regularly, diligently, and uninterruptedly at such rate of progress as will assist the CM@Risk to complete the Project within the time set forth in the Scope of Services and pursuant to the “Exhibit B – Schedule of Payments”(“Schedule of Payments”)
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Essential Conditions. 1. The Occupant hereby declares having read the said regulations and undertakes to ensure that all (the family and his guests) are aware of, and will comply at all times with the regulations of CAMPING XXXXXXX, during their presence on the premises.
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Essential Conditions. 2 ARTICLE 5. CONTRACT SUM…………………………………………………………………………….. 2
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Essential Conditions. A Party shall have no obligation to contribute any part of its share of the registered capital of the Company until all of the following events have occurred or the requirement for their occurrence has been waived by the Parties:
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Essential Conditions. (a) The Purchaser's obligation to carry out the transactions contemplated by this offer to purchase is subject to the fulfillment of each of the following conditions on or by the closing date (which conditions are for the sole benefit of the Purchaser and which may be waived by the Purchaser in its sole discretion):
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Essential Conditions. Due in part to the nature of the work DP is to perform, it is understood that the time for commencing and completion of the DP’s Services as specified herein are ESSENTIAL CONDITIONS of this Agreement. It is mutually understood and agreed that the services by DP set forth in this Agreement shall be promptly commenced on a date to be specified in a notice to proceed, and in no event later than xxxx (xx) days after the execution of this Agreement, whichever first occurs. All DP services shall be prosecuted regularly, diligently, and uninterruptedly at such rate of progress as will help ensure full completion of the Project by the CM@Risk within the time set forth in the Scope of Services and pursuant to the “Exhibit B – Schedule of Payments”. precedence:
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Related to Essential Conditions

  • General Conditions (i) Each party will make each payment or delivery specified in each Confirmation to be made by it, subject to the other provisions of this Agreement.

  • Additional Conditions For each mediation or arbitration:

  • Mutual Conditions The respective obligations of each party to consummate the purchase and issuance and sale of the Purchased Units shall be subject to the satisfaction on or prior to the Closing Date of each of the following conditions (any or all of which may be waived by a party on behalf of itself in writing, in whole or in part, to the extent permitted by applicable Law):

  • Special Conditions A submitted appeal must;

  • Physical Condition Except as disclosed in the Physical Conditions Reports delivered to Lender in connecting with this Loan, to Borrower's knowledge, the Property, including, without limitation, all buildings, improvements, parking facilities, sidewalks, storm drainage systems, roofs, plumbing systems, HVAC systems, fire protection systems, electrical systems, equipment, elevators, exterior sidings and doors, landscaping, irrigation systems and all structural components, are in good condition, order and repair in all material respects; there exists no structural or other material defects or damages in the Property, whether latent or otherwise, and Borrower has not received notice from any insurance company or bonding company of any defects or inadequacies in the Property, or any part thereof, which would adversely affect the insurability of the same or cause the imposition of extraordinary premiums or charges thereon or of any termination or threatened termination of any policy of insurance or bond.

  • Financial Conditions Section 4.01. (a) The Recipient shall maintain a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures related to the Project.

  • General conditions precedent The agreement of the Finance Parties referred to in clause 2 (Agreement of the Finance Parties) shall be further subject to:

  • Environmental Conditions A Phase I environmental site assessment (or update of a previous Phase I and or Phase II environmental site assessment) and, with respect to certain Mortgage Loans, a Phase II environmental site assessment (collectively, an “ESA”) meeting ASTM requirements conducted by a reputable environmental consultant in connection with such Mortgage Loan within 12 months prior to its origination date (or an update of a previous ESA was prepared), and such ESA (i) did not identify the existence of Recognized Environmental Conditions (as such term is defined in ASTM E1527-05 or its successor, hereinafter “Environmental Condition”) at the related Mortgaged Property or the need for further investigation, or (ii) if the existence of an Environmental Condition or need for further investigation was indicated in any such ESA, then at least one of the following statements is true: (A) an amount reasonably estimated by a reputable environmental consultant to be sufficient to cover the estimated cost to cure any material noncompliance with applicable Environmental Laws or the Environmental Condition has been escrowed by the related Mortgagor and is held or controlled by the related lender; (B) if the only Environmental Condition relates to the presence of asbestos-containing materials, radon in indoor air, lead based paint or lead in drinking water, the only recommended action in the ESA is the institution of such a plan, an operations or maintenance plan has been required to be instituted by the related Mortgagor that can reasonably be expected to mitigate the identified risk; (C) the Environmental Condition identified in the related environmental report was remediated, abated or contained in all material respects prior to the date hereof, and, if and as appropriate, a no further action, completion or closure letter or its equivalent, was obtained from the applicable governmental regulatory authority (or the Environmental Condition affecting the related Mortgaged Property was otherwise listed by such governmental authority as “closed” or a reputable environmental consultant has concluded that no further action or investigation is required); (D) an environmental policy or a lender’s pollution legal liability insurance policy that covers liability for the Environmental Condition was obtained from an insurer rated no less than “A-” (or the equivalent) by Xxxxx’x, S&P and/or Fitch; (E) a party not related to the Mortgagor was identified as the responsible party for the Environmental Condition and such responsible party has financial resources reasonably estimated to be adequate to address the situation; or (F) a party related to the Mortgagor having financial resources reasonably estimated to be adequate to address the situation is required to take action. To Seller’s knowledge, except as set forth in the ESA, there is no Environmental Condition at the related Mortgaged Property.

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