Common use of Condition Precedent to Suit Clause in Contracts

Condition Precedent to Suit. It shall be a condition precedent to the institution of any action or proceeding by the Company against the Agency with respect to the calculation of any amount claimed to be due the Agency that all amounts claimed to be due shall have been paid to the Agency by the Company prior to the institution of such action or proceeding.

Appears in 6 contracts

Sources: Payment in Lieu of Taxation Agreement, Payment in Lieu of Taxation Agreement, Payment in Lieu of Taxation Agreement

Condition Precedent to Suit. It shall be be· a condition precedent to the institution of any action or proceeding by the Company against the Agency with respect to the calculation of any amount claimed to be due the Agency that all amounts an1ounts claimed to be due shall have been paid to the Agency by the Company prior to the institution of such ofsuch action or proceeding.

Appears in 1 contract

Sources: Payment in Lieu of Taxation Agreement

Condition Precedent to Suit. It shall be a condition precedent to the institution of any ofany action or proceeding by the Company against the Agency with respect to the calculation of any ofany amount claimed to be due the Agency that all amounts claimed to be due shall have been paid to the Agency by the Company prior to the institution of such ofsuch action or proceeding.

Appears in 1 contract

Sources: Payment in Lieu of Tax Agreement

Condition Precedent to Suit. It shall be a condition precedent to the institution institutlon of any action or proceeding by the Company against the Agency with respect to the calculation of any amount claimed to be due the Agency that that· all amounts claimed to be due shall have been paid to the Agency by the Company prior to the institution of such action or proceeding.

Appears in 1 contract

Sources: Payment in Lieu of Tax Agreement

Condition Precedent to Suit. It shall be a condition precedent to the institution of any ofany action or proceeding by the Company against the Agency with respect to the calculation of any amount claimed to be due the Agency that all amounts claimed to be due shall have been paid to the Agency by the Company prior to the institution of such action or proceeding.

Appears in 1 contract

Sources: Payment in Lieu of Tax Agreement