Mutual Condition Precedent. The obligations of each of the Parties to consummate the transactions contemplated by this Agreement are subject to each of the following condition: as of the Closing Date, there shall not be any claim or judgment of any nature or type threatened, pending or made by or before any governmental authority that questions or challenges the lawfulness of the transactions contemplated by this Agreement under any law or regulation or seeks to delay, restrain or prevent such transactions.
Mutual Condition Precedent. The respective obligations of the parties hereto to complete the Subject Transactions will be subject to the mutual conditions that:
Mutual Condition Precedent. The parties' obligations under this Agreement are contingent on this transaction closing simultaneously with the transactions contemplated under the agreements of the same date between Buyer and the affiliates of Seller described on the attached Exhibit 4B, provided that in the case of the agreement with RAL Income + Equity Growth V Limited Partnership ("RAL V"), this condition shall be deemed satisfied if all of the transactions with RAL V are closed by January 31, 1999 in accordance with the terms of the Asset Purchase Agreement between Buyer and RAL V of the same date as this Agreement.
Mutual Condition Precedent. The respective obligations of each Party to consummate the Transactions shall be subject to the satisfaction or waiver (where permissible), on or prior to the Closing Date, of the condition that no Governmental Authority has enacted, issued, promulgated, enforced or entered any Law or Order (whether temporary, preliminary or permanent) that is then in effect and has the effect of making the Transactions illegal or otherwise preventing or prohibiting consummation of the Transactions.
Mutual Condition Precedent. 7.1 The obligations of the parties to complete the transactions contemplated herein and under the terms of the Agreements, is subject to the mutual condition that as at the Closing Date:
Mutual Condition Precedent. Unless waived in writing by each party, it will be a further condition to the consummation of this transaction that no litigation will have been commenced or threatened to challenge the right of any party to consummate the transactions contemplated under this Agreement and the Related Agreements.
Mutual Condition Precedent. Unless waived in writing by each party, it will be a further condition to the consummation of this transaction that no litigation will have been commenced or threatened to challenge the right of any party to consummate the transactions contemplated under this Agreement.
Mutual Condition Precedent. The obligations of the parties to complete this transaction shall be subject to the following conditions being satisfied (hereinafter referred to as the "Mutual Conditions") which is inserted for the benefit of both the Vendor and the Purchaser and may not be waived, namely:
Mutual Condition Precedent. The respective obligations of the Company, FII and the Agents to complete the Offering is conditional upon the gross proceeds of the Offering being not less than $25,000,000 (the “Minimum Offering”) of Units. The funds received from the Offering will be deposited with the Agents and will not be released until at least a minimum of $25,000,000 has been deposited and the Agents consent to the release thereof. If the Minimum Offering is not achieved within 90 days after a receipt is obtained from the OSC, or such other time as may be authorized by the applicable Canadian Securities Regulator, and agreed by the Agents and purchasers who subscribed within that period, subscription funds received by the Agents will be returned to the applicable purchasers without any deductions, unless the applicable subscribers have otherwise instructed the Agents. Notwithstanding the foregoing, if one or more amendments to the Final Prospectus are filed and the principal securities regulatory authority has issued a receipt for any such amendment, the distribution under the Offering will not continue for a period of more than 90 days after the latest date of a receipt for any such amendment. In any case, the total period of distribution under the Offering will not continue for a period of more than 180 days from the date of the receipt for the Prospectus.
Mutual Condition Precedent. The parties agi'ee that conveyance of the Property from the County to XXXX by January 31, 2018, is a condition precedent to any obligations set forth in this Agreement, and that failure of the County to convey the Property to XXXX by such date shall temiinate this Agreement with no consequence to or obligation by either party.
