Compliance with Section 2 Sample Clauses
The 'Compliance with Section 2' clause requires parties to adhere strictly to the obligations and requirements outlined in Section 2 of the agreement. In practice, this means that any actions, deliverables, or standards specified in Section 2 must be met as a condition of fulfilling the contract. For example, if Section 2 details product specifications or service levels, this clause ensures those benchmarks are mandatory. Its core function is to reinforce the importance of Section 2, ensuring that its provisions are binding and reducing the risk of non-compliance or ambiguity regarding key contractual duties.
Compliance with Section 2. The Borrower shall have complied with Section 2.03 of this Agreement in all respects regarding such Revolving Credit Loan.
Compliance with Section 2. 8(c). The terms of such Incremental Facility and the applicable Incremental Loans are in compliance with Section 2.8(c) of the Credit Agreement.
Compliance with Section 2. 3. DSL shall only order unbundled elements in accordance with Section 2.3 herein and it will be the responsibility of DSL to make arrangements for the delivery of interexchange traffic and routing of traffic over interoffice transmission facilities, if applicable.
Compliance with Section 2. No BKFC shares of stock or payment in lieu of fractional shares shall be delivered by BKFC to any former holder of FTFC common shares in accordance with this AGREEMENT until any such holder shall have complied with paragraphs (a) through (e) of Section 2.02 of this AGREEMENT.
Compliance with Section 2. No BFOH common shares, cash or payment in lieu of fractional shares shall be delivered by BFOH to any former holder of MFFC common shares in accordance with this AGREEMENT until any such holder shall have complied with paragraphs (a) through (e) of Section 2.02 of this AGREEMENT.
Compliance with Section 2. 03(a) and (b). In the event AHR does not comply with Item 2.03(a) and (b), this Agreement shall be null and void and all transactions unwound to put the parties in their original position prior to entering this Agreement. Should enforcement of this item 8.02 become necessary, AHR will be responsible for any and all expenses incurred from the date of closing.
Compliance with Section 2. 5. No shares of RDSI Common Stock or payment in lieu of fractional shares shall be delivered by RDSI to any New Core Holder of common shares in accordance with this Agreement until any such holder shall have complied with Section 2.5 of this Agreement.
Compliance with Section 2. 3. --------------------------- MEBTEL shall only order unbundled elements in accordance with Section 2.3 herein and it will be the responsibility of MEBTEL to make arrangements for the delivery of interexchange traffic and routing of traffic over interoffice transmission facilities, if applicable.
Compliance with Section 2. 3. Tallgrass shall only order unbundled elements in accordance with Section 2.3 herein and it will be the responsibility of Tallgrass to make arrangements for the delivery of interexchange traffic and routing of traffic over interoffice transmission facilities, if applicable.
Compliance with Section 2. 34. The Principal Shareholders shall have complied with Section 2.34 hereof.
5.3 Conditions Precedent to the Obligations of the Shareholders and Company To Close. All of the obligations of the Shareholders and Company to consummate the transactions contemplated by this Agreement shall be contingent upon and subject to the satisfaction, on or before the Closing Date, of each and every one of the following conditions, all or any of which may be waived, in whole or in part, by the Shareholders and Company for purposes of consummating such transactions, but without prejudice to any other right or remedy which they may have hereunder: