Examples of Conditions Precedent for Disbursement in a sentence
The pledge over the Proceeds Account shall be released when the Conditions Precedent for Disbursement have been fulfilled pursuant to Clause 4.2 below.
The Issuer may (directly or indirectly through BidCo) only pay (i) the Deferred Purchase Price to the Sellers upon written confirmation to the Trustee from the Issuer that the EBITDA of the Target Group for the last twelve (12) months is at least SEK 70,000,000 and (ii) the Pre-Funded Earn-Out Amount if and when the Issuer complies with the requirements set forth in Clause 4.2 (Conditions Precedent for Disbursement of the Pre- Funded Earn-Out Amount).
The pledge over the Escrow Account shall be released when the Conditions Precedent for Disbursement have been fulfilled pursuant to Clause 4.2 below.
Unless all Conditions Precedent for Disbursement have been satisfied prior to the First Issue Date, the Net Proceeds from the Initial Bond Issue shall be transferred to the Proceeds Account.
If the Conditions Precedent for Disbursement have not been fulfilled, and the Net Proceeds disbursed from the Escrow Account, within ten (10) Business Days after the Issue Date (or such later date as may be necessary for technical or administrative reasons), the Issuer shall redeem all Bonds at a price equal to one hundred and one (101) per cent.