Initial condition precedent Sample Clauses

Initial condition precedent. 4.1.1 Homes England's obligations under this Agreement are subject to the condition precedent that:
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Initial condition precedent. The following are the initial conditions precedent:
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Initial condition precedent. 3.1 The GLA’s obligations under this Agreement are subject to the condition precedent that it has confirmed to the Local Authority that it has received all of the documents, information, confirmations and any other items specified in Schedule 4 (Initial Conditions Precedent) in form and substance satisfactory to the GLA PROVIDED THAT the GLA may in its absolute discretion and on notifying the Local Authority in writing, convert any Initial Condition Precedent listed in Schedule 4 to a Condition Precedent to the Grant listed in Schedule 5.
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Initial condition precedent. This Agreement and the obligation of the Seller to deposit the Purchase Shares with the Purchaser and the Purchaser to deposit the Purchase Price with the Seller is subject to the relevant Party having met the conditions precedent set out in this Sub-Clause (“Initial Condition Precedent”) in a form and substance reasonably satisfactory to the Purchaser, unless otherwise expressly waived by the Purchaser in its sole discretion: Receipt of all corporate approvals and sanctions, including without limitation approval by the Board or shareholders, as may be required, of the Company and the Seller, for sale of the Purchase Shares to the Purchaser for the Purchase Price agreed upon; Receipt by the Purchaser and the Seller of all the Government Approvals, including but not limited to, any FIPB or RBI approval, as and to the extent required, for the Purchaser to acquire the Purchase Shares and to exercise its right and perform its obligations respectively under this Agreement; Receipt by the Purchaser of the audited accounts of the Company for the year ended 31.03.2007. The proposed Transfer of the Purchase Shares being determined as in compliance with all applicable laws, including without limitation, any proposed law or regulation as considered applicable; No Governmental Authority in India, having, or having indicated an intention to, having requested (in writing or by way of any oral communication), any information in connection with, or instituting or threatening, any action or investigation which could, restrain, prohibit or otherwise challenge or adversely affect the Transfer of Purchase Shares in a manner as contemplated under this Agreement, the ownership of the Purchase Shares or any similar transactions or ownership; The Seller having performed and complied in all material respects with all covenants and undertakings required to be performed or complied with by it at or prior to the Initial Closing Date; The Seller having delivered an incumbency certificate of the officer(s) of the Seller executing this Agreement and any other documents furnished to the Purchaser hereunder or pursuant hereto; The Company having delivered to the Purchaser a certificate, in a form and manner acceptable to the Purchaser, that the Company and its Subsidiaries have conducted their business in the normal course and have complied with the obligations imposed under Clause 5.1 and Clause 5.2, and that there has been no Material Adverse Effect on the Company and/or its Subsidiarie...
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Initial condition precedent. The Borrower may not deliver a Request until the Bank has notified (such notification to be provided without any undue delay) the Borrower that it has received each of the following documents in form and substance satisfactory to it:
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Initial condition precedent. Subject to Clause 4.5(a) (Change of terms prior to the First Utilisation Request), the Borrower shall not deliver a Utilisation Request unless the Agent has received all of the documents and other evidence listed in, and appearing to comply with, the requirements of Part I to Schedule 2 (Conditions precedent to Initial Utilisation) and, in relation to the second and all subsequent Utilisations, Part II to Schedule 2 (Conditions precedent to second and subsequent Utilisations), in form and substance satisfactory to the Agent. The Agent shall notify the Borrower and the Lenders promptly upon being as satisfied.
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Initial condition precedent. The obligation of each Bank to make Advances pursuant to the terms and conditions of this Agreement is subject to the condition precedent that the Administrative Agent shall have received on or before the day of the initial Advance the following, each dated on or before such day, in form and substance satisfactory to the Administrative Agent:
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Initial condition precedent. 5.1.1 The Borrower may not deliver a Utilisation Request unless –
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Related to Initial condition precedent

  • Initial Conditions Precedent The obligation of the Lenders to effect or permit the occurrence of the first Credit Event hereunder, whether as the making of a Loan or the issuance of a Letter of Credit, is subject to the satisfaction or waiver of the following conditions precedent:

  • Condition Precedent The obligations of the parties to this Agreement are subject to the Receiver and the Corporation having received at or before Bank Closing evidence reasonably satisfactory to each of any necessary approval, waiver, or other action by any governmental authority, the board of directors of the Assuming Institution, or other third party, with respect to this Agreement and the transactions contemplated hereby, the closing of the Failed Bank and the appointment of the Receiver, the chartering of the Assuming Institution, and any agreements, documents, matters or proceedings contemplated hereby or thereby.

  • 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:

  • Mutual Conditions Precedent The respective obligations of the Parties to consummate the transactions contemplated hereby, and in particular the Arrangement, are subject to the satisfaction, on or before the Effective Date or such other time specified, of the following conditions, any of which may be waived by the mutual written consent of such Parties without prejudice to their right to rely on any other of such conditions:

  • 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:

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

  • 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:

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

  • 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:

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