Satisfaction of Customary Closing Conditions Sample Clauses

Satisfaction of Customary Closing Conditions. The Authority shall have determined that all other customary conditions to Closing have been satisfied and shall have instructed Escrow Holder to proceed to Closing. When the conditions set forth in Sections A through D above have been satisfied, the Parties shall break escrow and close the Transaction in a customary manner; provided that Escrow Holder shall deliver to the undersigned, on behalf of Authority, four (4) counterpart originals of each of the Authority Documents, two (2) counterpart originals of each of the Estoppel Documents and City Documents to which the Authority is a party, and one photocopy of each of the JV Documents and the other City Documents. At any time prior to Closing, upon request by any Party, Escrow Holder shall return to such Party (or destroy) any documents delivered by such Party to Escrow Holder. Upon release of all documents from Escrow in accordance with these Authority Escrow Instructions, the conditions precedent to the Amendment Effective Date (as defined in the Fifth Amendment) shall be deemed satisfied, and, accordingly, the date that all documents are released from Escrow hereunder shall constitute the “Amendment Effective Date”. Furthermore, as contemplated in the Fifth Amendment, upon the release of all documents from Escrow in accordance with these Authority Escrow Instructions, and delivery to Authority of fully executed copies of the Joint Venture Agreement, CORE Funding Guaranty and Related Funding Guaranty (as defined in the CORE/Related Escrow Instructions), Authority shall be deemed to have approved, as of the Amendment Effective Date, the Net Worth (as defined in the Fifth Amendment) of New Project Owner for purposes of Section 18.1(h) of the Fifth Amendment. Immediately following Closing, you shall cause the Memorandum of Amended Disposition and Development Agreement to be recorded in the Official Records of Los Angeles County, California and deliver conformed copies of the recorded document to the undersigned and to New Project Owner.
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Related to Satisfaction of Customary Closing Conditions

  • 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.

  • 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.

  • Closing Conditions (a) The obligations of the Company hereunder in connection with the Closing are subject to the following conditions being met:

  • Frustration of Closing Conditions None of the Company, Parent or Merger Sub may rely on the failure of any condition set forth in Section 6.1, Section 6.2 or Section 6.3, as the case may be, to be satisfied if such failure was caused by such party’s failure to use its reasonable best efforts to consummate the Merger and the other Transactions or due to the failure of such party to perform any of its other obligations under this Agreement.

  • Training Conditions 3.1 The Trainee shall attend an approved training course or training program prescribed in the Training Agreement or as notified to the trainee by the relevant State or Territory Training Authority in accredited and relevant Traineeship Schemes.

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • WORKING CONDITIONS 10.01 The Union will co-operate with the Employer in maintaining good working conditions.

  • 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.

  • 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:

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

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