Time For Compliance Of Conditions Sample Clauses

Time For Compliance Of Conditions. If before the disbursement of the Operating Overdraft Facility and/or the Non-Revolving Loan and/or the Revolving Term Loan (as the case may be), the Borrower and/or the Security Party fails to perform and observe all or any of the covenants stipulations and conditions herein contained and on his part to be performed and observed within the time frame as specified by the Bank to the Borrower, the Bank may at any time thereafter at its option at the expiry of such time frame terminate this Agreement and rescind the Facility by notice in writing to the Borrower. Upon such termination and rescission, the Indebtedness of the Borrower must be discharged within seven (7) days of such termination and rescission.
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Time For Compliance Of Conditions. If the Borrower fails to perform and observe all or any of the covenants, stipulations and condition(s) herein contained and on it's part to be performed and observed the Bank may at any time thereafter at its option terminate the Facilities. Upon such termination or rescission, the facilities and all interest thereon must be discharged within seven (7) days of such termination or rescission.

Related to Time For Compliance Of Conditions

  • Accuracy of Representations and Compliance with Conditions All ---------------------------------------------------------- representations and warranties of Buyer contained in this Agreement shall be true and accurate when made and, except (a) as a result of the taking of any action contemplated hereby or (b) insofar as any representation or warranty relates to any specified earlier date, shall be true and accurate as of the Closing Date, as though such representations and warranties were then made by Buyer; and Buyer shall have performed and complied with all of its covenants and agreements set forth in this Agreement to be performed or complied with at or before the Closing.

  • Environmental Compliance and Conditions Except as set forth on Schedule 3.16:

  • Additional Compliance If any Proposed Key Holder Transfer is not consummated within forty-five (45) days after receipt of the Proposed Transfer Notice by the Company, the Key Holders proposing the Proposed Key Holder Transfer may not sell any Transfer Stock unless they first comply in full with each provision of this Section 2. The exercise or election not to exercise any right by any Investor hereunder shall not adversely affect its right to participate in any other sales of Transfer Stock subject to this Section 2.2.

  • Evidence of Compliance with Conditions Precedent The Guarantor shall provide to the Guarantee Trustee such evidence of compliance with such conditions precedent, if any, provided for in this Guarantee Agreement that relate to any of the matters set forth in Section 314(c) of the Trust Indenture Act. Any certificate or opinion required to be given by an officer pursuant to Section 314(c)(1) may be given in the form of an Officers' Certificate.

  • Compliance with Conditions All of the terms, covenants, conditions and obligations of this Agreement and each other Transaction Document required to be complied with and performed by Seller on or prior to the Closing Date shall have been duly complied with and performed in all material respects.

  • Performance of Covenants and Satisfaction of Conditions To use its reasonable best efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to each Closing Date and to satisfy all conditions precedent to the delivery of the Firm Stock and the Optional Stock.

  • Representations and Compliance The representations of the Company contained in this Agreement were accurate as of the date of this Agreement and are accurate as of the Closing Date, in all respects (in the case of any representation containing any materiality qualification) or in all material respects (in the case of any representation without any materiality qualification), except for representations and warranties made as of a specific date, which shall be accurate as of such date. The Company shall in all material respects have performed each obligation and agreement and complied with each covenant to be performed and complied with by it hereunder at or prior to the Closing Date.

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