Terms of Novation; Conditions to Lloyds’ Obligations Sample Clauses

Terms of Novation; Conditions to Lloyds’ Obligations. (a) Lloyds agrees, subject to the terms and conditions hereinafter set forth, that on or prior to November 17, 2008 (i) it shall accept the transfer by novation of all of the Trust’s rights and obligations under the Prior Repo Agreement and the Prior Agilent Guaranty and the transfer by the Trust of the Purchased Securities, (ii) in connection with such novation and transfer the Repurchase Date shall be amended to be January 27, 2011 and (iii) Lloyds shall pay the amount of USD1,500,000,000 (“Novation Consideration”) to the Trust or the Trust’s designee in consideration of such novation and transfer. (b) The obligations of Lloyds pursuant to Section 6(a) of this Agreement are subject to the following conditions precedent being satisfied on the date on which it pays the Novation Consideration (the “Lloyds Funding Date”):
Sample 1
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Related to Terms of Novation; Conditions to Lloyds’ Obligations

  • Conditions Precedent to Obligation of the Company The obligation of the Company to effect the Exchange and otherwise consummate the transactions contemplated by this Agreement is subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • Conditions to Obligations OF EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Conditions to Obligation of Each Party to Effect the Merger. The respective obligations of each party to effect the Merger shall be subject to the satisfaction at or prior to the Effective Time of the following conditions:

  • Additional Conditions to Obligation of the Company The obligation of the Company to effect the Merger is also subject to the following conditions:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF DEVELOPER The obligations of Developer under this Agreement are conditioned upon the following:

  • Conditions Precedent to Obligations of the Company The obligations of the Company to effect the Merger and otherwise consummate the transactions contemplated by this Agreement are subject to the satisfaction, at or prior to the Closing, of the following conditions:

  • Additional Conditions to Obligations of the Company The obligations of the Company to consummate the Merger and the transactions contemplated by this Agreement shall be subject to the satisfaction at or prior to the Closing of each of the following conditions, any of which may be waived, in writing, exclusively by the Company:

  • Additional Conditions to Obligations of Company The obligation of Company to consummate and effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions, any of which may be waived, in writing, exclusively by Company:

  • Conditions to Xxxxx’x Obligations The obligations of Xxxxx hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the Company herein, to the due performance by the Company of its obligations hereunder, to the completion by Xxxxx of a due diligence review satisfactory to Xxxxx in its reasonable judgment, and to the continuing satisfaction (or waiver by Xxxxx in its sole discretion) of the following additional conditions:

  • Conditions to Obligation of the Company The obligation of the Company to effect the Merger is also subject to the satisfaction or waiver by the Company at or prior to the Effective Time of the following conditions:

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