Nature of Conditions Sample Clauses

Nature of Conditions. The Parties acknowledge and agree that although this Agreement and the rights and obligations of the Parties under this Agreement are subject to fulfillment or waiver of the condition set forth in this ‎Article 15, this condition is not a condition to there being a binding agreement between the Parties, and until the time limited for the fulfillment or waiver of such condition has expired, this Agreement is not void, voidable, revocable or otherwise capable of being terminated, by either of the Parties, by reason only that any such condition has been neither fulfilled nor waived.
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Nature of Conditions. In order to become a participant, an employee must have completed at least six (6) months of service with either Company or any combination of Companies. For purposes of this PARA3.02, a 'month of service' shall commence on the first day on which an employee performs an hour of service with either Company. An employee shall be credited with a month of service for each succeeding 30-day period in which he or she performs an hour of service. Employees who are nonresident aliens and who receive no earned income (within the meaning of Section 911(d) (2) of the Internal Revenue Code) from either Company which constitutes income from sources within the United States (within the meaning of Section 86l(a)(3) of the Internal Revenue Code) are not eligible to participate in the Plan. 12
Nature of Conditions. (a) (JUPITERS' OBLIGATIONS) The obligations of Jupiters under:
Nature of Conditions. 1. Each of the Conditions set out in ‎Schedule 1 will:
Nature of Conditions. The Vendors and the Purchaser acknowledge and agree that although the obligations of the parties to complete the transactions contemplated by this Agreement are subject to satisfaction or waiver of the conditions set forth in Sections 9.1, 9.2, 9.4 and 9.5, those conditions are not conditions to there being a binding agreement between the parties, and until the time limited for satisfaction or waiver of such conditions has expired, this Agreement is not void, voidable, revocable or, except for default or as otherwise expressly provided in this Agreement, capable of being terminated, by any of the parties hereto, by reason only that any such condition has been neither satisfied nor waived. Without limiting the generality of the foregoing, each party acknowledges the receipt of $10.00 and other good and valuable consideration paid by the other parties in consideration of the recipient not revoking its execution and delivery of this Agreement, except for default or as otherwise expressly provided in this Agreement, while this Agreement remains subject to the conditions set forth in Sections 9.1, 9.2, 9.4 and 9.5.

Related to Nature of Conditions

  • Failure of Conditions If the Conditions Precedent shall not have been satisfied or waived by February 27, 2015, either party may terminate this Lease and the Transfer Agreement by written notice of termination (the “Termination Notice”) delivered to the other party by February 27, 2015 (the “Failure of Conditions Termination Date”). Upon termination of this Lease under the terms of this Section 2, neither party hereto shall have any further claims or obligations under this Lease or the Transfer Agreement, except those obligations that expressly survive termination. Notwithstanding any provision of this Section 2.3 to the contrary, if the parties are unable to agree upon the initial Deferred Maintenance Items (as that term is defined in Section 9.2(c)(ii) below for the River Valley Facility to be included on Exhibit “E”, the sole remedy of the parties shall be to exclude the River Valley Facility from the Portfolio.

  • Satisfaction of Conditions The conditions precedent set out in Section 6.1, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time.

  • Fulfillment of Conditions Purchaser (a) shall take all commercially reasonable steps necessary or desirable and proceed diligently and in good faith to satisfy each other condition to the obligations of Seller contained in this Agreement, and (b) shall not, and shall not permit any of its Affiliates to, take or fail to take any action that would reasonably be expected to result in the non-fulfillment of any such condition.

  • ORIGINAL CONDITIONS All reinsurance under this Contract shall be subject to the same rates, terms, conditions, waivers and interpretations, and to the same modifications and alterations as the respective Policies of the Company. However, in no event shall this be construed in any way to provide coverage outside the terms and conditions set forth in this Contract.

  • Additional Conditions For each mediation or arbitration:

  • Existing Conditions Tenant accepts the Property in its condition as of the execution of the Lease, subject to all recorded matters, laws, ordinances, and governmental regulations and orders. Except as provided herein, Tenant acknowledges that neither Landlord nor any agent of Landlord has made any representation as to the condition of the Property or the suitability of the Property for Tenant's intended use. Tenant represents and warrants that Tenant has made its own inspection of and inquiry regarding the condition of the Property and is not relying on any representations of Landlord or any Broker with respect thereto. If Landlord or Landlord's Broker has provided a Property Information Sheet or other Disclosure Statement regarding the Property, a copy is attached as an exhibit to the Lease.

  • Working Conditions The Company will provide the Executive with a private office and secretarial services.

  • Waiver of Conditions The conditions to each of the parties' obligations to consummate the Merger are for the sole benefit of such party and may be waived by such party in whole or in part to the extent permitted by applicable law.

  • Frustration of Conditions Notwithstanding anything contained herein to the contrary, no Party may rely on the failure of any condition set forth in this Article VI to be satisfied if such failure was caused by the failure of such Party or its Affiliates (or with respect to the Company, any Target Company or Company Stockholder) failure to comply with or perform any of its covenants or obligations set forth in this Agreement.

  • Payment Conditions All payments due hereunder are payable in United States dollars. No transfer, exchange, collection or other charges, including any wire transfer fees, shall be deducted from such payments. For sales of Licensed Products in currencies other than the United States, LICENSEE shall use exchange rates published in The Wall Street Journal on the last business day of the calendar quarter for which such payment is due.

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