Precedent Conditions definition
Examples of Precedent Conditions in a sentence
Conditions Precedent Conditions Except for those in this clause 2 and clauses 8, 10, 14, 15, 17 and 18, all of the parties’ rights and obligations under this Agreement are subject to the Conditions Precedent.
Subject to and contingent upon the fulfillment of the Precedent Conditions as specified above this Agreement shall become effective on the Commencement Date and shall continue until it is terminated pursuant to the terms set forth herein.
The Loan shall be disbursed at the opportunities and under the conditions stipulated in Annex I, once the Precedent Conditions have been met for each Loan Disbursement and within the Availability Period established in Annex I, computed from the Closing Date.
Conditions Precedent; Conditions to Closing.........................
Sale and Purchase Conditions Precedent] (Conditions to be satisfied for Completion to occur) Completion is conditional on each of the Conditions (defined below) being satisfied or waived under clause 2.1(e), on or before Completion or any other date agreed by the parties in writing.
Subject to the terms and conditions of this Agreement and to the fulfillment by the Debtor of all and each of the Precedent Conditions, CIMINAS irrevocably agrees to grant the Debtor a credit facility with the characteristics described below, and the Debtor binds himself to repay the funds that were requested hereof on the Original Payment Date jointly with the corresponding Interests and other sums which it may be obliged to pay (the “Credit Facility”).
Conditions Precedent Conditions precedent to initial utilisation of Facility A (i) board approval having been obtained by KrisEnergy Pte.
Conditions Precedent Conditions to Each Party's Obligation to Consummate the Transactions.
If the Precedent Conditions are not fully met by the end of the period provided for in Clause 5.5, this Agreement may be terminated unilaterally by Buyer or by Sellers.
Precedent Conditions set forth in Clauses 5.2(iii) and 5.2(x) may only be waived by Sellers.