Status Pending Closing Sample Clauses

Status Pending Closing. Until and unless legal title to the Project is transferred to the Company at Closing, the Company shall not, by virtue of this Agreement, acquire legal title to the Project, and the risk of loss of the Project shall remain with the tenant under the Lease.
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Status Pending Closing. Notwithstanding the Parties' intention and agreement to restructure, amend, terminate or otherwise modify the Power Purchase Agreement and the other documents and agreements referenced herein to be terminated, amended, modified or supplemented upon the satisfaction or waiver of the conditions precedent set forth in Article 5 hereof, the Parties' obligations under such contracts and agreements shall not be effective unless or until the Closing Date occurs (unless otherwise agreed by the Parties in a separate agreement executed by both of the Parties), and the Parties agree to continue performance thereunder as if this Agreement had not been executed by them; provided, however, that nothing in this Section 4.3 shall abrogate or modify the Parties' obligations under Section 4.1 hereof to cooperate in good faith and to take all practicable actions and devote resources reasonably necessary to obtain satisfaction of the conditions set forth in Article 5 hereof. 4.4
Sample 1
Status Pending Closing 
Sample 1

Related to Status Pending Closing

  • Covenants Pending Closing Pending the Closings, the Company will conduct and will cause its Subsidiaries to conduct their respective businesses in the ordinary course, and will not, and will not permit any of its Subsidiaries to, without the prior written consent of the Majority Holders, take any action which would result in any of the representations or warranties contained in this Agreement not being true at and as of the time immediately after such action, or in any of the covenants contained in this Agreement becoming incapable of performance. The Company will promptly advise the Investors of any action or event of which it becomes aware which has the effect of making incorrect any of such representations or warranties or which has the effect of rendering any of such covenants incapable of performance.

  • Operations Pending Closing From the date hereof through the Closing Date, Seller agrees as follows:

  • Closing; Closing Date Closing" and "Closing Date" have the meanings set forth in Section 5.3.

  • Conduct Pending Closing The business of Buyer shall be conducted only in the ordinary course consistent with past practices.

  • CLOSING AND CLOSING DATE 3.1. The Closing Date shall be December 3, 2005, or such other date as the parties may agree. All acts taking place at the Closing shall be deemed to take place simultaneously as of immediately after the close of business on the Closing Date unless otherwise agreed to by the parties. The close of business on the Closing Date shall be as of 4:00p.m.,

  • Covenants of Buyer Prior to Closing Date If the Closing does not occur on the date of this Agreement, between the date of this Agreement and the Closing Date Buyer will use its Best Efforts to cause the conditions in Sections 6 and 7 to be satisfied.

  • Closing Closing Deliveries (a) The consummation of the transactions contemplated by this Agreement (the “Closing”) will take place on the Closing Date

  • Pre Closing Matters Section 6.1 Covenants of Seadrill Prior to the Closing Date 15 Section 6.2 Covenant of the Company Prior to the Closing Date 15 Section 6.3 Covenant of Capricorn Holdings Prior to the Closing Date 15

  • ACTION PRIOR TO THE CLOSING DATE The respective parties hereto covenant and agree to take the following actions between the date hereof and the Closing Date:

  • Closing and Closing Documents 24 ----------------------------- 11.1. Closing....................................................... 24 ------- 11.2. Seller's Deliveries........................................... 26 ------------------- 11.3. Purchaser's Deliveries........................................ 26 ---------------------- 11.4. Prorations.................................................... 27 ---------- 11.5. Document Preparation and Closing Costs........................ 28 -------------------------------------- 11.6. Reconciliation and Final Payment.............................. 28 -------------------------------- 11.7.

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