Common use of Waivers of conditions precedent Clause in Contracts

Waivers of conditions precedent. (A) The Facility Agent, acting in accordance with the instructions of all the Lenders, may waive the requirement under clause 2.1 (Conditions Precedent to first Utilisation) to deliver any one or more of the documents and other evidence listed in Part I of Schedule 3 (Conditions Precedent). (B) Satisfaction of any of the conditions set out in clause 2.2 (Conditions Precedent to each Utilisation) may be waived by the Facility Agent acting in accordance with the instructions of the Majority Lenders. (C) Any waiver effected by the Facility Agent in accordance with this clause shall be binding on all Parties. (D) For the avoidance of doubt, no Utilisation may be made under the Facility, until the Facility Agent has confirmed all relevant Conditions Precedent have been satisfied (acting reasonably) or waived in accordance with this clause 2 (Conditions Precedent).

Waivers of conditions precedent. (A) The Facility Agent, acting in accordance with the instructions of all the Lenders, may waive the requirement under clause 2.1 (Conditions Precedent to first Utilisation) to deliver any one or more of the documents and other evidence listed in Part I of Schedule 3 (Conditions Precedent). (B) Satisfaction of any of the conditions set out in clause 2.2 (Conditions Precedent to each Utilisation) may be waived by the Facility Agent acting in accordance with the instructions of the Majority Lenders. (C) Any waiver effected by the Facility Agent in accordance with this clause shall be binding on all Parties. (D) For the avoidance of doubt, no Utilisation may be made under the Facility, until the Facility Agent has confirmed all relevant Conditions Precedent have been satisfied (acting reasonably) or waived in accordance with this clause 2 (Conditions Precedent).

Waivers of conditions precedent. (A) The Facility Agent, acting in accordance with the instructions of all the Lenders, may waive the requirement under clause Clause 2.1 (Conditions Precedent to first Utilisation) to deliver any one or more of the documents and other evidence listed in Part I of Schedule 3 2 (Conditions Precedent). (B) Satisfaction of any of the conditions set out in clause Clause 2.2 (Conditions Precedent to each Utilisation) may be waived by the Facility Agent acting in accordance with the instructions of the Majority Lenders. (C) Any waiver effected by the Facility Agent in accordance with this clause Clause shall be binding on all Parties. (D) For the avoidance of doubt, no Utilisation may be made under the Facility, until the Facility Agent has confirmed all relevant Conditions Precedent have been satisfied (acting reasonably) or waived in accordance with this clause 2 (Conditions Precedent)Clause 2.