Conditions Precedent on the Closing Date Clause Samples

Conditions Precedent on the Closing Date. This Agreement shall become effective and binding upon the parties hereto only if each of the following conditions precedent is satisfied no later than May 15, 1996:

Conditions Precedent on the Closing Date. The obligation of the Participants to fund their Participation Percentages of the Loan Amount and to disburse the Loan is subject to the following conditions precedent having been complied with to the satisfaction of or waived in writing by the Participants on or before the Closing Date (each document, instrument, certificate, opinion or other paper referred to below to be in form and substance reasonably satisfactory to the Participants and, unless otherwise specified, to be dated the Closing Date): (a) Each Participant shall have received the Notice of Borrowing pursuant to Section 2.2, and the Closing Date shall not be later than October 7, 2010 (such date to be extended with the written consent of the Participants). (b) On the Closing Date, the Aircraft will have been duly certified by the FAA as to type and airworthiness, will not have suffered an Event of Loss and shall otherwise be in the condition and state of repair required under the terms of the Sale Agreement. (c) On the Closing Date, (i) no material disruption or material adverse changes shall have occurred in the financial, banking or capital markets since July 23, 2010 that in the reasonable judgment of any Participant would have a material adverse effect on the funding costs of such Participant, and (ii) no material adverse change in the financial condition or prospects of the Lessee, the Owner Participant, Parent or the Borrower shall have occurred since July 23, 2010. (d) On the Closing Date, no change shall have occurred since July 23, 2010 in applicable law which, in the reasonable opinion of any Participant, would make it illegal under applicable law for such Participant to make available its Loan. (e) The following documents shall have been duly authorized, executed and delivered by the respective party or parties thereto and shall be in full force and effect on the Closing Date and an executed copy of each shall have been delivered to each Participant and the Security Trustee: (i) this Agreement; (ii) the Security Agreement and the Security Agreement Supplement describing the Aircraft; (iii) the Loan Certificate for each Participant, duly completed (the original of each to be delivered to such Participant); (iv) the Lessee Consent; (v) the Sale Agreement (including any assignment and assumption agreement contemplated thereby); (vi) the Guaranty; and (vii) the Beneficial Interest Pledge Agreement. (f) Each Participant and the Security Trustee shall have received the following: (i) tru...

Conditions Precedent on the Closing Date. The conditions precedent for each Party as specified in Section 3.01 hereof for the Closing Date are as follows:

Conditions Precedent on the Closing Date. The obligation of the Lender to make the loans evidenced by the Notes is subject in all respects to the satisfaction of each and all of the following conditions precedent no later than October 31, 1997:

Conditions Precedent on the Closing Date. This Agreement shall become effective and binding upon the parties hereto only if each of the following conditions precedent is satisfied or waived by the Agent no later than April 16, 2002 (except as otherwise indicated):

Conditions Precedent on the Closing Date. This Agreement shall become effective and binding upon the parties hereto only if each of the following conditions precedent is satisfied or waived by the Lender no later than November 7, 1997: (a) LOAN DOCUMENTS. The Lender must have received: (i) this Agreement, including all exhibits and schedules hereto, duly executed by each Borrower and the Lender; (ii) the Subsidiary Guaranty, duly executed by each Material Subsidiary (excluding any Foreign Subsidiary); (iii) the Parent Guaranty, duly executed by Ocular Sciences; and (iv) the Pledge Agreement, duly executed by Ocular Sciences, together with certificates representing the Pledged Shares of O.S.I. Puerto Rico, Ocular Sciences Limited, and Ocular Sciences Canada referred to in Schedule A to such Pledge Agreement, accompanied by undated stock powers executed in blank.

Conditions Precedent on the Closing Date. The obligations of the Lenders to make the Loans comprising the initial Borrowings are subject to the receipt by the Administrative Agent of all documentation listed below and the satisfaction (or waiver) of all other conditions listed below.

Conditions Precedent on the Closing Date. The Lender may advance the initial Loan hereunder on or after the Closing Date subject to the satisfaction of each of the following requirements on or before the Closing Date:

Conditions Precedent on the Closing Date. This Agreement shall become effective on the Closing Date upon the satisfaction of the following conditions: