Threshold Conditions. The City’s and HUPEG’s obligations to complete the Initial Transactions are subject to the fulfilment of each of the following conditions (the “Threshold Conditions”) on or before the Initial Closing Date or such earlier date or time as may be herein specified, as the case may be, unless waived in writing by both of the Parties:
Threshold Conditions. A Bidder who meets the following cumulative conditions is entitled to submit a proposal:
