Satisfaction of Condition. If Supplier agrees to perform the additional or extraordinary testing and such testing results in a “no-pass” result, Supplier will investigate the cause of the “no-pass” result. Buyer and Supplier will agree on resolution of and responsibility for the cost to correct the problem. In no event will any payment due to Supplier upon FAT Acceptance or SAT Acceptance be delayed due to a “no-pass” result under this Section 6.
Satisfaction of Condition. Each party must:
Satisfaction of Condition. NESR shall, at its own cost, use its best endeavours to ensure that the Condition in Article VII of this Agreement is satisfied promptly after the date of this Agreement (and, in any event, before the Long-stop Date), including by soliciting proxies as promptly as practicable in accordance with applicable Law for the purpose of obtaining the De-SPAC Approval, and shall promptly notify the Selling Stockholders of the satisfaction of the Condition. Without prejudice to the foregoing, NESR shall and shall cause its Affiliates:
Satisfaction of Condition. Borrower shall have satisfied the condition described in Section 2.6 and shall provide Lender with a written waiver of such condition.
Satisfaction of Condition. For the purposes of the condition in clauses 3.1(a)(iv) and (b)(iv), the parties agree that the occurrence of one or more of the following events shall not, of itself, prevent the satisfaction of that condition:
Satisfaction of Condition. The Company is informed that as at November 25, 2014, the Condition under the Merger Agreement in relation to obtaining the approval of the applicable governmental authority under the anti-monopoly law of the PRC for the consummation of the transactions contemplated by the Merger Agreement has been satisfied.
Satisfaction of Condition. In relation to the Proposed Privatization and the Merger Agreement, the Company is informed that as at November 25, 2014, the Condition under the Merger Agreement in relation to obtaining the approval of the applicable governmental authority under the anti-monopoly law of the PRC or any official clarifications, guidance, interpretations or implementation rules in connection with or relation to such law for the consummation of the transactions contemplated by the Merger Agreement has been satisfied. Once Completion takes place, further announcement will be made by the Company in relation to Completion.
Satisfaction of Condition. Precedent (CP)
Satisfaction of Condition. Use its best efforts to assure, as soon as is reasonably practicable, the satisfaction of the conditions to the effectiveness of the transactions contemplated in this Agreement and grant Purchaser reasonable access to the business and the premises to permit familiarization therewith.
Satisfaction of Condition. PRECEDENT TO AGREEMENT AMS represents that the previous condition precedent in the MOU requiring that AMS’s insurers not object to this Agreement has been satisfied or is waived by AMS for the purposes of proceeding with the execution of the MSA. Nothing in this paragraph should be interpreted as a waiver of any and all coverage available to AMS and/or its affiliates.
