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.
Except as specified in Clauses 4 ( Conditions Precedent for Disbursement), the Trustee is not responsible for the execution or enforceability of the Finance Documents.
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).
He told me that if I continue to wait for RAID and MiningWatch Canada to get compensation that it’s not going to happen.
The pledge over the Escrow Account shall be released when all the Conditions Precedent for Disbursement have been fulfilled.