Satisfaction of the Conditions Precedent Sample Clauses
Satisfaction of the Conditions Precedent. (a) Tasmanian Irrigation is under no obligation of any kind to procure the fulfilment of the Conditions Precedent.
(b) If the Conditions Precedent are not fulfilled, Tasmanian Irrigation will not under any circumstances lose its right to rely on the termination of this agreement under clause 2.3(a) or 2.3(b).
Satisfaction of the Conditions Precedent. Notwithstanding Article 1179 of the Civil Code, the fulfilment of the Conditions Precedent shall have no retroactive effect.
Satisfaction of the Conditions Precedent. (a) Unless otherwise specified, the Operator and the Authority shall satisfy or procure the satisfaction of the Conditions Precedent that it is responsible for, within 90 days from the date of this Agreement (the Scheduled CP Satisfaction Date).
(b) If any Party fails to satisfy any Condition Precedent that it is required to fulfil by the Scheduled CP Satisfaction Date due to:
(i) a Force Majeure Event;
(ii) a Change in Law;
(iii) in case of the Operator, undue delay by the relevant Government Authority in granting any Operator Applicable Permit, despite the Operator having applied for such Operator Applicable Permit within the specified timelines, on payment of the prescribed fees and having complied with the requirements of Applicable Laws in making such application; or
(iv) delay by the other Party in fulfilling any Condition Precedent required to be satisfied by them or in performing any other obligation under this Agreement, which impacts its ability to satisfy its Conditions Precedent, then the Scheduled CP Satisfaction Date for the affected Party without prejudice to its rights and remedies and subject to Clause 4.3 and 4.4 herein below, shall be extended on a day-for-day basis for the period of such delay.
(c) Each Party shall cooperate and use its reasonable efforts to assist the other Party in satisfying its Conditions Precedent.
Satisfaction of the Conditions Precedent. (a) Each of the Parties hereby undertakes to the other Parties to use its reasonable endeavors to fulfil all the conditions set out in Clause 5.1 on or prior to October 30, 2009.
(b) If any of the applicable conditions set out in Clause 5.1 shall not have been fulfilled (or waived or modified by the Purchaser, FEEL or the Company, as the case may be) on or prior to October 30, 2009, the Purchaser (in the case of the conditions set out in Clause 5.1(a)), or FEEL or the Company (in the case of the conditions set out in Clause 5.1(b)) shall be entitled to (i) terminate this Agreement, (ii) without prejudice to any other rights of the Parties, effect the Completion so far as practicable having regard to the defaults which have occurred, or (iii) fix a new day for the Completion.
(c) In the event of termination of this Agreement by the Purchaser, FEEL or the Company, as the case may be, pursuant to this Clause 5.2, no Party shall have any claim against any other Party save for fraud or any wilful breach of this Agreement occurring prior to termination.
Satisfaction of the Conditions Precedent. (a) Each of the Parties hereby undertakes to the other Parties to use its reasonable endeavours to fulfil all the conditions set out in Clause 5.1 on or prior to July 31, 2009.
(b) If any of the applicable conditions set out in Clause 5.1 shall not have been fulfilled (or waived or modified by TPG, FEEL or the Company, as the case may be) on or prior to July 31, 2009, TPG (in the case of the conditions set out in Clause 5.1(a)), or FEEL or the Company (in the case of the conditions set out in Clause 5.1(b)) shall be entitled to (i) terminate this Agreement, (ii) without prejudice to any other rights of the Parties, effect the Completion so far as practicable having regard to the defaults which have occurred, or (iii) fix a new day for the Completion.
(c) In the event of termination of this Agreement by TPG, FEEL or the Company, as the case may be, pursuant to this Clause 5.2, no Party shall have any claim against any other Party save for fraud or any wilful breach of this Agreement occurring prior to termination.
Satisfaction of the Conditions Precedent. (a) SFIC is under no obligation of any kind to procure the fulfilment of the Conditions Precedent.
(b) If the Conditions Precedent are not fulfilled, SFIC will not under any circumstances lose its right to rely on the termination of this Agreement under clause 3.3.
Satisfaction of the Conditions Precedent. The Parties shall work in good faith to procure that the Conditions Precedent be fulfilled as soon as possible and in any event prior to the Closing. If all Conditions Precedent are not satisfied within 15 days from the Date of this Agreement, this Agreement shall automatically terminate, unless the Parties by mutual written consent agree otherwise.
Satisfaction of the Conditions Precedent. 3.4.1 The Conditions Precedent mentioned in Articles 3.1(i), 3.1(ii) and 3.1(iv) of the Agreement are for the mutual benefit of the Parties, who can only waive them together; it being however specified, for the avoidance of doubt, that the Condition Precedent mentioned in Article 3.1(iv) can be exercised by either the Seller or the Purchaser, who can terminate this Agreement only if the event or act constituting a Company Material Adverse Event becomes known to him during the period between the date hereof and the Completion Date.
3.4.2 The Condition Precedent mentioned in Article 3.1(iii) of the Agreement is for the sole benefit of the Seller, who can, if this Condition Precedent is not satisfied, either terminate this Agreement or waive it and require the Purchaser to acquire the Transferred Shares if the other Conditions Precedent are satisfied or waived on the Completion Date; it being understood that if the Seller has not notified by 31 July 2015 to the Purchaser or the Parent that the Condition Precedent provided in Article 3.1(iii) is not or cannot be satisfied and that the Seller terminates the Agreement, then this Condition Precedent shall be deemed irrevocably waived by the Seller and the Seller will not be authorised to terminate this Agreement pursuant to this Condition Precedent mentioned in Article 3.1(iii) at any time between 1 August 2015 and the Completion Date.
Satisfaction of the Conditions Precedent. The Parties shall exercise good faith and due diligence in satisfying the conditions precedent set forth above and the Authority shall give prompt notice to the other Parties when the foregoing conditions precedent have been satisfied or waived in writing by all the Parties.
Satisfaction of the Conditions Precedent. For the avoidance of doubt, Purchaser shall satisfy or cause satisfaction of conditions set out in Section 4.2 and 4.1(d) (with respect to International Registry lien reports) and Seller shall satisfy or cause satisfaction of conditions set out in Section 4.1 provided that the Seller shall satisfy or cause satisfaction of the condition set out in Section 4.1(d) only with respect to local lien reports.