Further Conditions Precedent definition

Further Conditions Precedent means the conditions precedent set out in Part B of Schedule 1 (Conditions Precedent) and any additional conditions precedent stated in the CfD Agreement to apply in respect of the Contract for Difference and which are expressed to be Further Conditions Precedent, and “Further Condition Precedent” shall be construed accordingly;
View Source
Further Conditions Precedent. Other than in respect of the initial drawdown, the Lenders will only be obliged to comply with their obligations (except as described above) to make advances under each of the Senior Facilities if on the date of the utilisation request and on each proposed utilisation date: (i) in the case of a rollover loan, an Instructing Group has not instructed the Agent to block such rollover on account of an event of default which is continuing or would result from the proposed loan and in the case of any other loan, no default is continuing or would result from the proposed loan; and (ii) in the case of a loan which is not a rollover loan, the Repeating Representations (which Repeating Representations shall be subject to the principles described in “General Provisions” below) to be made by each Obligor are true in all material respects.
View Source
Further Conditions Precedent means the conditions precedent set out in Part B of Schedule 1 (Conditions Precedent);
View Source

Examples of Further Conditions Precedent in a sentence

  • We confirm that each condition specified in Clause 4.2 (Further Conditions Precedent) is satisfied on the date of this Utilisation Request.

  • If on a Roll-Over Date no notice of an intention to make a voluntary pre-payment has been served in accordance with Clause 5.3.1 (Voluntary Pre-payment) subject to compliance with the conditions set out in Clause 3.6 (Further Conditions Precedent), the Loans shall be deemed to have been repaid and redrawn on that Roll-over Date for an Interest Period of one month.

  • We confirm that each condition specified in Clause 4.2 (Further Conditions Precedent) [and Clause 4.3 (Conditions Precedent to Certain Utilisations)] [is] [are] satisfied on the date of this Utilisation Request.

  • We confirm that each condition specified in Clause 4.2 (Further Conditions Precedent) of the Agreement is satisfied on the date of this Utilisation Request.

  • The Lenders agree that (without prejudice to Clause 26.19 (Certain Funds Period)) in relation to the Utilisation under Facility A1 and Facility A2 requested to be made during the Certain Funds Period, Clause 4.2 (Further Conditions Precedent) shall only apply if a Certain Funds Default has occurred which is continuing or, in relation to paragraph (b) of Schedule 12 (Certain Funds Default), the relevant parties are in negotiations within the meaning of such paragraph (b).

  • The following shall be additional Further Conditions Precedent applicable to this CfD Agreement.

  • If all or part of Utilization under the Revolving Facility is repaid or prepaid and is not available for redrawing (other than by operation of Section 2.27 (Further Conditions Precedent)), an amount of the Revolving Facility Commitments (equal to the Base Currency Amount of the amount of the Revolving Facility Utilization which is repaid or prepaid) in respect of that the Revolving Facility will be deemed to be cancelled on the date of repayment or prepayment.

  • If the conditions set out in Clause 4.1 (Initial Conditions Precedent), Clause 4.2 (Further Conditions Precedent), Clause 5.1 (Delivery of a Utilisation Request), Clause 5.2 (Completion of a Utilisation Request) and Clause 5.3 (Currency and Amount) above have been met, the Lender shall make the Loan available by the Utilisation Date through its Facility Office.

  • ARTICLE VIII Further Conditions Precedent to Obligations of the Acquiring Fund and the Selling Fund If any of the conditions set forth in paragraphs 8.2, 8.3, 8.4, and 8.5 below do not exist on or before the Closing with respect to the Selling Fund or the Acquiring Fund, either party to this Agreement shall, at its option, not be required to consummate the transactions contemplated by this Agreement.

  • Subject always to Clause 4.2 (Further Conditions Precedent), for the purposes of representations and warranties made on the Closing Date and the Merger Effective Time, Closing and the Merger Effective Time shall be deemed to have occurred and members of the Target Group shall be deemed to have become members of the Group.


More Definitions of Further Conditions Precedent

Further Conditions Precedent means the conditions precedent set out in Part B of Schedule 1 (Conditions Precedent) and any additional conditions precedent stated in the CfD Agreement to apply in respect of the Contract for Difference and which are expressed
View Source

Related to Further Conditions Precedent

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • OTHER CONDITIONS Any subsequent contracts shall supersede the provisions of this contract. PARTIES: The Fort ▇▇▇▇▇ School District 100, Party of the First Part, and ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Party of the Second Part, agree as follows:

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.