Exceptions to Basket Sample Clauses

Exceptions to Basket. The Basket shall not apply to Sections 2.2 (Authority), 2.5 (Title), first sentence only, 2.11 (Benefit Plans), 2.12 (Environmental), 2.16 (Taxes) and 2.17 (Accounts Receivable) (collectively, the “Primary Representations and Warranties”).
Sample 1Sample 2
AutoNDA by SimpleDocs
Exceptions to Basket. The limitations set forth in Section 10.3(a) shall not apply (i) in the case of intentional misrepresentation, intentional breach of a covenant or fraud, (ii) to inaccuracies in or breaches of any of the Fundamental Representations or the Tax Representations, or (iii) to the matters referred to in Sections 10.2(b)(3) through 10.2(b)(6),
Sample 1
Exceptions to Basket. It is understood and agreed that the terms of Section 10.05(b) will not apply to any loss pursuant to 10.03(a) above to the extent that such loss arises from a breach of Section 4.16(u) hereof, Section 4.17(a) hereof, Section 4.17(b) hereof, Section 4.17(c) hereof and as a result of any omission of Indebtedness from Section 3.01(b) of the Disclosure Schedule.
Sample 1
Exceptions to Basket. Notwithstanding Paragraph 10.6.1, above, -------------------- with respect to Buyers' Damages arising as a result of tax matters or any underground storage tank and the presence of hazardous materials at Building #4, the Sellers shall be required to provide indemnification for all of the Buyers' Damages without regard to the Basket Amount.
Sample 1

Related to Exceptions to Basket

  • Exceptions to Limitations Conversions to Alternate Base Rate Loans shall be permitted in the case of clauses (i) and (ii) of Section 2.1(b) above, in each case, unless the Administrative Agent has otherwise accelerated the Obligations or exercised other rights that terminate the Commitments under Section 10.2.

  • Conditions to Purchases No Purchase Commitment or Purchase shall be entered into unless each of the following conditions is satisfied (or waived as provided below) as of the date (such Portfolio Investment’s “Trade Date”) on which such Purchase Commitment is entered into (and such Portfolio Investment shall not be Purchased, and the related Financing shall not be required to be made available to the Company by the applicable Financing Providers, unless each of the following conditions is satisfied or waived as of such Trade Date):

  • CONDITIONS TO PURCHASE The obligations of the Purchaser to purchase any Mortgage Loans on any Closing Date are subject to the satisfaction, as applicable, prior to or on the Initial Closing Date and on such Closing Date (or on such other date as expressly provided for herein) of the following conditions, any of which may be waived in writing by Purchaser:

  • CONDITIONS TO GRANT TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.

  • Conditions to Loan Section 3.1 Conditions to Funding of the Loan on the Closing Date......................................... 33

  • Conditions to All Advances The obligation of each -------------------------- Applicable Lender to make any Advance, including its initial Advance, shall also be subject to the satisfaction of the conditions precedent that on the date of such Advance:

  • Conditions to Issuance No Letter of Credit shall be issued at the request and for the account of any Account Party(ies) unless, as of the date of issuance of such Letter of Credit:

  • Conditions to Xxxxx’x Obligations The obligations of Xxxxx hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the Company herein, to the due performance by the Company of its obligations hereunder, to the completion by Xxxxx of a due diligence review satisfactory to Xxxxx in its reasonable judgment, and to the continuing satisfaction (or waiver by Xxxxx in its sole discretion) of the following additional conditions:

  • CONDITIONS TO MERGER Section 6.1. Conditions to Each Party's Obligation to Effect the Merger. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction or waiver by each party prior to the Effective Time of the following conditions:

  • Conditions to All Loans The obligations of Lenders to make Loans on each Funding Date are subject to the following further conditions precedent:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!