Common use of Conditions Precedent of Authority Clause in Contracts

Conditions Precedent of Authority. 4.2.1 Conditions Precedent required to be satisfied by Authority prior to the Appointed Date shall be deemed to be fulfilled when: (a) Authority shall have arranged for the Developer the right of way to the Project Land or part thereof as the case maybe relating to and for the first of the phases of the Project Land as per the Schedule 22 (Handover Protocol). Provided that the right of way in respect of the Project Land shall be undertaken in accordance with Article 11, and Schedule 22 (Handover Protocol). Provided further that the Authority shall be required to handover the right of way to the Project Land to the Developer as per provisions of the Agreement only when the Conditions Precedent required to be satisfied by the Developer have been duly fulfilled. (b) Authority shall have procured no-objections and/ or in-principle approval from the relevant Government Authority for the Project as required to be obtained by Authority in accordance with the Schedule 29 B (Approvals to be obtained by Authority). (c) Authority shall have procured necessary approval, in respect of components of the Master Plan that would enable the Developer to construct structures on, over or under a railway line in accordance with the Specifications and subject to the terms and conditions hereof.

Conditions Precedent of Authority. 4.2.1 Conditions Precedent required to be satisfied by Authority prior to the Appointed Date shall be deemed to be fulfilled when: (a) Authority shall have arranged for the Developer the right of way to the tothe Project Land or part thereof as the case maybe relating to and for the first of the phases of the Project Land as per the Schedule 22 (Handover Protocol). Provided that the right of way in respect of the Project Land shall be undertaken in accordance inaccordance with Article 11, and 11,and Schedule 22 (Handover 22(Handover Protocol). Provided further that the Authority shall be required to handover the right of way to the Project Land to the Developer as per provisions of the Agreement only when the Conditions Precedent required to be satisfied by the Developer have been duly fulfilled. (b) Authority shall have procured no-objections and/ or in-principle approval from the relevant Government Authority for Authorityfor the Project as Projectas required to be obtained by Authority in accordance with the Schedule 29 B (Approvals B(Approvals to be obtained by Authority). (c) Authority shall have procured necessary approval, in respect of components of the Master Plan that would enable the Developer to construct structures on, over or under a railway line in accordance with the Specifications and subject to the terms and conditions hereof.

Conditions Precedent of Authority. 4.2.1 Conditions Precedent required to be satisfied by Authority prior to the Appointed Date shall be deemed to be fulfilled when: (a) Authority shall have arranged for the Developer the right of way to the Project Land or part thereof as the case maybe relating to and for the first of the phases of the Project Land as per the Schedule 22 (Handover Protocol). Provided that the right of way in respect of the Project Land shall be undertaken in accordance with Article 11, and Schedule 22 (Handover Protocol). Provided further that the Authority shall be required to handover the right of way to the Project Land to the Developer as per provisions of the Agreement only when the Conditions Precedent required to be satisfied by the Developer have been duly fulfilled. (b) Authority shall have procured no-objections and/ or in-principle approval from the relevant Government Authority for the Project as required to be obtained by Authority in accordance with the Schedule 29 B (Approvals to be obtained by Authority). (c) Authority shall have procured Procured necessary approval, in respect of components of the Master Plan that would enable the Developer to construct structures on, over or under a railway line in accordance with the Specifications and subject to the terms and conditions hereof.