GUARANTOR CONDITIONS PRECEDENT Sample Clauses

GUARANTOR CONDITIONS PRECEDENT. A company, in respect of which the Relevant Obligor has delivered a Guarantor Accession Memorandum to the Agent, shall became a Guarantor and assume all the rights, benefits and obligations of a Guarantor as if it had been an original party hereto as a Guarantor on the date on which the Agent notifies the Relevant Obligor that it has received, in form and substance satisfactory to it, all the documents and other evidence listed in:
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
GUARANTOR CONDITIONS PRECEDENT. A company, in respect of which the Parent has delivered a Guarantor Accession Memorandum to the Agent, shall became an Additional Guarantor and assume all the rights, benefits and obligations of a Guarantor which is not a Guarantor referred to in Clause 25.1 (Parent Guarantee and Indemnity) or 25.2 (Group Guarantee and Indemnity) as if it had been an original party hereto as a Guarantor but with the exceptions (if any) stipulated in the Guarantor Accession Memorandum on the date on which the Agent receives, in form and substance satisfactory to it, all the documents and other evidence listed in Schedule 8 (Additional Conditions Precedent). The Agent shall notify the Parent when requested to do so whether it has received all such documents in form and substance satisfactory to it.
Sample 1
GUARANTOR CONDITIONS PRECEDENT. A company, in respect of which the Company has delivered an Accession Memorandum to the Agent, shall become a Guarantor and assume all the rights, benefits and obligations of a Guarantor on the date on which the Agent notifies the Company that (i) the Instructing Group has approved such company as a Guarantor (such approval not to be unreasonably withheld or delayed) and (ii) the Agent has received, in form and substance satisfactory to it, all documents and other evidence listed in Schedule 4 (Additional Conditions Precedent), provided that on such date no Default is continuing or would occur as a result of such subsidiary becoming a Guarantor.
Sample 1

Related to GUARANTOR CONDITIONS PRECEDENT

  • 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.

  • 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:

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

  • Conditions Precedent to the Obligations of the Investors The obligation of each Investor to acquire Securities at the Closing is subject to the satisfaction or waiver by such Investor, at or before the Closing, of each of the following conditions:

  • Conditions Precedent to the Obligations of the Company to sell Shares at the Closing. The Company’s obligation to sell and issue to the Purchaser the Allocated Shares at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:

  • Conditions Precedent to the Obligation of the Company to Close and to Sell the Securities. The obligation hereunder of the Company to close and issue and sell the Securities to the Purchasers at the Closing is subject to the satisfaction or waiver, at or before the Closing of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

  • 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.

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make its initial extension of credit provided for hereunder, is subject to the fulfillment, to the satisfaction of Agent and each Lender of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extension of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

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