Condition Precedent to this Agreement Clause Samples

Condition Precedent to this Agreement. The obligations of the Buyer and Seanergy's performance guarantee under Clause 21 to consummate the transactions contemplated by this Agreement and take delivery of the Vessel shall be subject to the fulfillment, at or prior to the delivery date of the Vessel, of the following condition: The Buyer shall have secured financing for the acquisition of the Vessel. In the event that the above condition is not fulfilled at or prior to the delivery date of the Vessel, this Agreement shall forthwith become void and null and there shall be no liability on the part of any party hereto and Seanergy except that nothing herein shall relieve any party hereto from liability for any willful breach of any provision hereof.

Condition Precedent to this Agreement. As a condition precedent to this Agreement, the Town anticipates that it will award a contract for construction of the Improvements in accordance with applicable law. The Improvements, as defined herein, include all materials and work necessary for the installation of four (4) artificial turf fields, two (2) of which are existing artificial turf fields, at Mazeppa Park. In the event that the Improvements will not be constructed, this Agreement shall terminate and the parties shall have no further obligations under this Agreement. If any payment has been received by the Town from Charlotte Independence and the agreement has terminated as provided in this section, such payment shall be refunded by the Town.

Condition Precedent to this Agreement. The rights and obligations under this Agreement are conditional upon the Completion of the Exchange Offer. If such condition has not been satisfied by 31 December 2004 this Agreement shall terminate on such date (without further notice required) and none of the parties shall have any rights or obligations under this Agreement.

Condition Precedent to this Agreement. It shall be a condition precedent to this Agreement (and any payment hereunder) that Executive shall not have filed or otherwise commenced any complaint, suit, action, hearing or other proceeding whatsoever with any local, state or federal court or agency or any private arbitration panel against or relating to the Company and/or its affiliates and that Executive has not breached in any manner the Employment, Agreement or the Proprietary Information Agreement. Executive represents and warrants that he has not, and shall not, file or otherwise commence any complaint, suit, action, hearing or other proceeding whatsoever with any local, state or federal court or agency or any private arbitration panel (provided, however, that in the event the Company materially breaches this Agreement, Executive may bring an action to enforce the terms hereof). Executive further represents and warrants that he has not, and shall not, breach any of the continuing obligations under the Employment Agreement or the Proprietary Information Agreement or any Company policies.

Condition Precedent to this Agreement. It shall be a condition precedent to this Agreement (and any payment hereunder) that you shall not have filed or otherwise commenced any complaint, suit, action, hearing or other proceeding whatsoever with any local, state or federal court or agency or any private arbitration panel against or relating to the Company and/or its Affiliates. You represent and warrant that you have not, and you agree that you shall not, file or otherwise commence any complaint, suit, action, hearing or other proceeding whatsoever with any local, state or federal court or agency or any private arbitration panel with respect to any claims released herein.