Non-fulfillment of Condition Precedent Sample Clauses

Non-fulfillment of Condition Precedent. If the SPA(FK) and/or the SPA(Nadzmi) are/is terminated in accordance with the provisions of (as applicable) SPA(FK) or SPA(Nadzmi), this Agreement shall be deemed to be of no further effect and the respective obligations of the PARTIES hereunder shall wholly cease and no PARTY shall have any claim hereunder against any other PARTY save and except in respect of any antecedent breach of the Effective Clauses.
Sample 1
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Non-fulfillment of Condition Precedent. In the event the Conditions Precedent cannot be fulfilled within the Conditional Period:-
Sample 1

Related to Non-fulfillment of Condition 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.

  • 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:

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