Existing Lessor Conditions Precedent Sample Clauses

Existing Lessor Conditions Precedent. Existing Lessor shall have received each of the following documents and evidence, subject to any additions in Part I, point 6A of the Novation Agreement:
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Existing Lessor Conditions Precedent. At or before the Effective Time, Existing Lessor (or its designee) will have received the following in form and substance satisfactory to Existing Lessor:
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Existing Lessor Conditions Precedent. It shall be a condition precedent for the Existing Lessor to the occurrence of the Effective Time that each of the following have been satisfied (or waived or deferred by the Existing Lessor):
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Existing Lessor Conditions Precedent. It shall be a condition precedent for the Existing Lessor to the occurrence of the Effective Time that each of the following have been satisfied or waived or deferred. On or before the Effective Time, the Existing Lessor will have received the following in form and substance reasonably satisfactory to the Existing Lessor: copy of the certificate of insurance and brokers' undertaking relating to the insurances in compliance with the provisions of the Lease and this Agreement; and a certificate from a duly authorised officer of the Lessee and the New Lessor: attaching in respect of each of the Lessee and the New Lessor copies of: its constitutional documents; all necessary corporate authorisations approving the terms of, and the transactions contemplated by the Transaction Documents to which it is a party; the powers of attorney (if any) required by such entity to authorise the execution and performance of the Transaction Documents and any other agreements or instruments to which it is a party; and the specimen signature of each person authorised pursuant to the above; and certifying that the documents referred to in paragraph (A) above are true, correct and up-to-date copies. copies of each of the Transaction Documents duly executed by each of the parties thereto; Each of the representations of the New Lessor and the Lessee set forth herein shall be true and accurate by reference to the facts and circumstances then existing. The conditions precedent specified in this paragraph 3 of Schedule 3 above have been inserted for the benefit solely of the Existing Lessor and may be waived, deferred or extended in writing in whole or in part and with or without conditions, without prejudicing the right to receive fulfilment of such conditions. AMENDMENTS TO THE LEASE [This Schedule will list out the non-substantive administrative changes necessary to the Lease which are required in order to reflect the change in ownership structure, to include changes to bank details, notice details, party details and other similar issues. Suggested drafting is included below, but will need to be adapted to reflect the relevant clauses of the underlying Lease]. It is hereby agreed that from and after the Effective Time, the Lease as novated pursuant to Clause 2.1 of this Agreement shall be amended as set out in this Schedule 4.
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Related to Existing Lessor Conditions Precedent

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

  • Other Conditions Precedent Each of the conditions set forth in Sections 4.1.4, 4.1.5, 4.1.6 and 4.1.10 shall have been satisfied unless the failure of any such condition to be satisfied is the result of any action or inaction by Mortgagee.

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Further conditions precedent The Lenders will only be obliged to comply with Clause 5.4 (Lenders’ participation) if on the date of the Utilisation Request and on the proposed Utilisation Date:

  • Seller’s Conditions Precedent The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Additional Conditions Precedent No Lender has any obligation to make any Loan (including its first), and LC Issuer has no obligation to issue any Letter of Credit (including its first), unless the following conditions precedent have been satisfied:

  • Purchaser’s Conditions Precedent Except as may be waived in writing by Purchaser, the obligations of Purchaser hereunder are subject to the fulfillment at or prior to the Closing of each of the following conditions:

  • Buyer’s Conditions Precedent The obligations of Buyer to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Waiver of conditions precedent The conditions specified in this clause 9 are inserted solely for the benefit of the Bank and may be waived by the Bank in whole or in part and with or without conditions.

  • Conditions Precedent at Closing Date The obligation of the Lenders to make Loans, and of any LC Issuer to issue Letters of Credit, is subject to the satisfaction of each of the following conditions on or prior to the Closing Date:

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