Common use of Non-fulfilment of Conditions Precedent Clause in Contracts

Non-fulfilment of Conditions Precedent. (a) In the event the Conditions Precedent for a Party have not been fulfilled within the stipulated time and the Authority has not waived, fully or partially, such conditions relating to the Concessionaire, this Agreement shall cease to have any effect as of that date and shall be deemed to have been terminated by the mutual Agreement of the Parties and no Party shall subsequently have any rights or obligations under this Agreement and ADCL shall not be liable in any manner whatsoever to the Concessionaire or Persons claiming through or under it.

Non-fulfilment of Conditions Precedent. (a) In the event the Conditions Precedent for a Party have not been fulfilled within the stipulated time and the Authority Grantor has not waived, fully or partially, such conditions relating to the ConcessionaireAuthorisee, this Agreement shall cease to have any effect as of that date and shall be deemed to have been terminated by the mutual Agreement agreement of the Parties and no Party shall subsequently have any rights or obligations under this Agreement and ADCL TSRTC shall not be liable in any manner whatsoever to the Concessionaire Authorisee or Persons claiming through or under it.

Non-fulfilment of Conditions Precedent. (a) In the event the Conditions Precedent for a Party have not been fulfilled within the stipulated time and the Authority has not waived, fully or partially, such conditions relating to the ConcessionaireLicensee, this Agreement shall cease to have any effect as of that date and shall be deemed to have been terminated by the mutual Agreement agreement of the Parties and no Party shall subsequently have any rights or obligations under this Agreement and ADCL HMDA shall not be liable in any manner whatsoever to the Concessionaire Licensee or Persons claiming through or under it.

Non-fulfilment of Conditions Precedent. (a) In the event the Conditions Precedent for a Party the Concessionaire have not been fulfilled within the stipulated time and the Grantor / Authority has not waived, fully or partially, such conditions relating to the Concessionaire, this Agreement shall cease to have any effect as of that date and shall be deemed to have been terminated by the mutual Agreement agreement of the Parties and no Party shall subsequently have any rights or obligations under this Agreement and ADCL NFDB shall not be liable in any manner whatsoever to the Concessionaire or Persons claiming through or under it.