Conditions Precedent to Commencement Clause Samples

Conditions Precedent to Commencement. The right of the Company to commence delivering VWAP Purchase Notices under this Agreement, and the obligation of the Investor to accept VWAP Purchase Notices delivered to the Investor by the Company under this Agreement, are subject to the initial satisfaction, at Commencement, of each of the conditions set forth in this Section 7.2.
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Conditions Precedent to Commencement. The right of the Company to commence delivering Fixed Purchase Notices under this Agreement, and the obligation of the Investor to accept Fixed Purchase Notices delivered to the Investor by the Company under this Agreement, are subject to the initial satisfaction, at Commencement, of each of the conditions set forth in this Section 7.2.
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Conditions Precedent to Commencement. The Term of this Lease shall commence (the “Commencement Date”) on the fifth (5th) business day after the satisfaction or waiver, in the sole and absolute discretion of the applicable waiving party, of the Tenant’s Pre-Commencement Conditions and the Landlord’s Pre-Commencement Conditions (as such terms are hereinafter defined), or on such other date as the parties may agree, unless this Lease is terminated by Landlord or Tenant in accordance with the terms and condition of this Section 1.4. Landlord and Tenant agree to memorialize the Commencement Date and the dates of the Lease Years in writing within five (5) business days of the Commencement Date.
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Conditions Precedent to Commencement. Contractor shall not be required to commence the Contract Work until after the last to occur of the following: (a) Receipt by Contractor of all necessary building permits; (b) Receipt by Contractor of notice from Lender, Lien Holder and/or Title Company (if any) that all documents to be recorded prior to commencement of construction have been properly recorded; and, (c) Receipt of all constructions funds by Escrow or Contract Fund control (if any).
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Conditions Precedent to Commencement. The right of the Company to commence delivering VWAP Purchase Notices under this Agreement, and the obligation of the Investor to accept VWAP Purchase Notices delivered to the Investor by the Company under this Agreement, are subject to the initial satisfaction, at Commencement, of each of the conditions set forth in this Section 7.2; provided that the condition precedent set forth in Section 7.2(iii) shall be deemed satisfied within ten business days of the consummation of the Business Combination unless the Investor shall have delivered prior written notice to the Company that such condition precedent cannot be satisfied in its reasonable judgment.
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Conditions Precedent to Commencement. The commencement of this agreement is subject to the conditions precedent that: (a) the Company, in a general meeting, has adopted a new Constitution, to come into force on or before 1 January 2001, in place of its Constitution in force in 1999, which new Constitution provides, in effect: (i) that any person admitted to membership of the Company as from the time it comes into force will be admitted only if that person is or has become a member of The Institute in its Australian Division and will cease to be a member of the Company if he or she ceases to be a member of The Institute in its Australian Division, and that, to the extent permitted by law, or with the relevant member’s consent, the membership of the Company of any person, who was a member prior to the new Constitution coming into force, will terminate on the member ceasing to be a member of The Institute in its Australian Division; and (ii) that the constitution of the Company provides for The Institute, while this agreement or a similar agreement is in force between the parties, to be a member of the Company with the exclusive right to appoint its directors and a right to exercise all votes that may be cast at a general meeting of the Company on a resolution to remove a director pursuant to section 227 of the Corporations Law and with a non-exclusive right to convene general meetings of the Company and to cast one-third of the votes cast on any proposed resolution to amend the Constitution. (b) the Council by 31 December 2000 has signed an agreement which, with effect from 1 January, 2001 establishes a committee of the Council designated as the “Committee for Australia” with delegated powers and responsibilities with respect to the exercise of the rights and powers of The Institute granted to it by the constitution of the Company and the affairs of The Institute in its Australian Division and its membership, including the responsibility to notify the Company of persons who are, have become or ceased to be members of The Institute in its Australian Division.
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Related to Conditions Precedent to Commencement

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

  • Conditions Precedent to Effectiveness This Agreement (including the Commitments of the Lenders and the obligations of the Borrower hereunder) shall become effective if, on or before April 15, 2011, all of the following conditions precedent have been satisfied: (a) the Administrative Agent shall have received evidence, satisfactory to the Administrative Agent, that the Borrower has paid (or will pay with the proceeds of the initial Credit Extensions) all amounts then payable by the Borrower under the Existing Credit Facility and that all commitments to make extensions of credit to the Borrower thereunder have been (or concurrently with the initial Advances will be) terminated; (b) the Administrative Agent shall have received (i) a counterpart of this Agreement signed on behalf of each party hereto or (ii) written evidence (which may include electronic transmission of a signed signature page of this Agreement) that each party hereto has signed a counterpart of this Agreement and each of the following documents, each dated a date reasonably satisfactory to the Administrative Agent and otherwise in form and substance satisfactory to the Administrative Agent: (i) Certified copies of resolutions of the Board of Directors or equivalent managing body of the Borrower approving the transactions contemplated by this Agreement and of all documents evidencing other necessary organizational action of the Borrower with respect to this Agreement and the documents contemplated hereby; (ii) A certificate of the Secretary or an Assistant Secretary of Borrower certifying (A) the names and true signatures of the officers of the Borrower authorized to sign this Agreement and the other documents to be delivered hereunder; (B) that attached thereto are true and correct copies of the organizational documents of the Borrower, in each case in effect on such date; and (C) that attached thereto are true and correct copies of all governmental and regulatory authorizations and approvals required for the due execution, delivery and performance by the Borrower of this Agreement and the documents contemplated hereby; (iii) A certificate signed by either the chief financial officer, principal accounting officer or treasurer of the Borrower stating that (A) the representations and warranties contained in Section 4.01 are correct on and as of the date of such certificate as though made on and as of such date and (B) no Event of Default or Unmatured Event of Default has occurred and is continuing on the date of such certificate; and (iv) A favorable opinion of ▇▇▇▇▇▇▇ ▇▇▇▇▇ LLP, counsel for the Borrower, in form and substance reasonably acceptable to the Administrative Agent; and (c) the Administrative Agent shall have received evidence, satisfactory to the Administrative Agent, that the Borrower has paid (or will pay with the proceeds of the initial Credit Extensions) all fees and, to the extent billed, expenses payable by the Borrower hereunder on the Effective Date (including amounts then payable to the Joint Active Lead Arrangers and the Agents). Promptly upon the occurrence thereof, the Administrative Agent shall notify the Borrower, the Lenders and the LC Issuers as to the Effective Date.