Payment Conditions Precedent Sample Clauses

Payment Conditions Precedent. Without prejudice to the provisions in Section 7 below, the Parties acknowledge that Portugal Telecom SGPS shall be solely required to consummate the Closing (as defined in Section 3.5 below) if a notice is delivered to it by Oi on the date of publication of the Global Offering commencement announcement confirming the fulfillment of the following conditions precedent (“PT Closing Notice”), in the form of Exhibit 3.2 hereto (“PT Conditions Precedent”):
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Payment Conditions Precedent. Conditioned on Optionee’s strict compliance with the terms of this Agreement (including without limitation Section 7 hereof) and the effectiveness and irrevocability of the separation agreement and release attached hereto as Exhibit B (the “Release”), Optionee shall receive $275,246.91 (the “Payment Amount”), less applicable withholdings, payable in a lump sum within ten (10) business days following the effectiveness and irrevocability of the Release.
Payment Conditions Precedent. Without prejudice to the provisions in Section 7 below, the Parties acknowledge that the Fund shall be solely required to consummate the Closing (as defined in Section 3.5 below) if a notice is delivered to it by Oi on the date of publication of the Global Offering commencement announcement confirming the fulfillment of the following conditions precedent (“Fund Closing Notice”), in the form of Exhibit 3.2 hereto (“Fund Conditions Precedent”):

Related to Payment Conditions Precedent

  • 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:

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

  • 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:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Buyer’s Conditions Precedent The obligations of Buyer 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:

  • Other Conditions Precedent Each of the conditions set forth in Sections 4.1.4, 4.1.5, 4.1.6 and 4.1.10 shall have been satisfied unless the failure of any such condition to be satisfied is the result of any action or inaction by Mortgagee.

  • 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:

  • Conditions Precedent to EFFECTIVENESS OF SECTIONS 2.01 AND 2.03. Sections 2.01 and 2.03 of this Agreement shall become effective on and as of the first date (the "EFFECTIVE DATE") on which the following conditions precedent have been satisfied:

  • 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:

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