Conditions Precedent to Developer’s Obligations Clause Samples

Conditions Precedent to Developer’s Obligations. The Developer's obligations or covenants under Sections 3.1 and 3.2 of this Agreement are conditioned upon (a) approval of(i) conditional use of the TIF Site for construction of the Hospital, (ii) preliminary and final site plan of Developer for the Hospital by the City of Fairlawn Planning Commission, (iii) issuance of all building or other related permit(s) for the construction of the Hospital and(b) affirmance of such approval(s) after exhaustion of all administrative or judicial appeals or remedies by all interested parties as provided by law. ARTICLE IV
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Conditions Precedent to Developer’s Obligations. Section 3.1 Developer’s obligation to conclude the transaction contemplated herein shall require the satisfactory completion, in Developer’s sole discretion, of each of the following conditions: (1) Acquisition of the Property by the Developer no later than December 31, 2022 (“Closing Date”). (2) Securing sufficient funding to pay the costs of construction of the Project. (3) Issuance of all approvals and authorizations required for the construction of the Project, including issuance of land use and building permits by the City and approvals of the Wisconsin Technical College System and the Developer’s district board.
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Conditions Precedent to Developer’s Obligations. The Developer’s obligation to commence construction of the Project shall be conditioned upon the closing by Developer of a guaranteed Loan to finance the Project, or Loan to finance a phase of the Project upon terms acceptable to Developer. In addition to other cancellation provisions under this Agreement, this Agreement may be cancelled by Developer if Developer is unable to obtain financing and equity on terms acceptable to Developer in its sole discretion sufficient to make the Developer Improvement Contribution.
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Conditions Precedent to Developer’s Obligations. It shall be a condition precedent to ▇▇▇▇▇▇▇▇▇’s obligation to execute the Sublease on the Closing Date that: (a) Developer shall not have terminated this Development Agreement pursuant to Article 3; and (b) Developer shall have received the Required Permits for the Approved Improvements without conditions or requirements that will materially alter the overall design for the Approved Improvements or Project, or Developer’s future operation of the Project, in a manner that would materially increase Developer’s cost of construction or operation, provided, however, that the Developer shall have made application for all such Required Permits as and when required by Section 4.1(a); and (c) The Town shall not be in material default of any of its obligations hereunder or under the Sublease, if executed; and there are no facts that with the passage of time or giving of notice would constitute an Event of Default hereunder or under the Sublease.
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Conditions Precedent to Developer’s Obligations. (a) In addition to any other condition precedent in favor of Developer as may be expressly set forth elsewhere in this Agreement, Developer’s obligations under this Agreement are expressly subject to the timely fulfillment of the conditions set forth in this Section 6.1 on or before the Closing Date, or such earlier date as is set forth below. Each condition may be waived in whole or in part only by written notice of such waiver from Developer to City. (i) City shall have performed and complied in all material respects with all of the terms of this Agreement to be performed and complied with by City prior to or at Closing. (ii) Subject to Section 7.4(a), on the Closing Date, the representations made by the City, as set forth in Section 7.2, shall be true, complete and accurate, subject to: (1) changes that:
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Conditions Precedent to Developer’s Obligations. The obligation of the applicable Developer Party to complete the sale of the applicable AF Unit and the related transactions contemplated in this Agreement are subject to the satisfaction, or waiver by such Developer Party, of each of the following conditions: 11.4.1. All factual statements set forth in the representations and warranties of Authority contained in this Agreement or in any schedule, exhibit, certificate or document delivered by Authority pursuant to the provisions hereof are true in all material respects as of and at the date of the applicable AF Closing as though made on the applicable date of such closing, and Authority shall have performed and complied with its obligations and covenants required by this Agreement to be performed or complied with by Authority on or prior to the such date. 11.4.2. All documents to be required to be delivered by Authority under this Agreement to the applicable Developer Party at the AF Closing shall have been delivered to the applicable Developer Party or to the Escrow Agent. 11.4.3. All sums payable by Authority in respect of the applicable AF Closing (including payment of the applicable AF Acquisition Cost) shall be deposited into the Escrow Agent’s applicable closing escrow, which shall be reasonably acceptable to Authority. 11.4.4. All such documents, sums and other deliveries to be made by (or on behalf of ) Authority into escrow with the Escrow Agent shall be made under Authority’s AF Closing Instructions. 11.4.5. ▇▇▇▇▇▇▇ Construction Contract has been executed and ▇▇▇▇▇▇▇ has provided sufficient funds to Developer for the performance of that contract.
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Conditions Precedent to Developer’s Obligations. Developer's obligations under this Agreement are conditioned upon the following:
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Conditions Precedent to Developer’s Obligations 
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Related to Conditions Precedent to Developer’s Obligations

  • Conditions Precedent to Seller’s Obligations The obligations of Seller to effect the Closing of the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any of which may be waived in writing by Seller:

  • Conditions Precedent to Buyer’s Obligations Each and every obligation of Buyer to be performed on the Closing Date shall be subject to the satisfaction prior to or at the Closing of each of the following conditions:

  • Conditions Precedent to Purchaser’s Obligations Purchaser's obligations to perform this Agreement and consummate the transactions contemplated hereby is subject to the satisfaction (or waiver by Purchaser), on or before the Closing Date, of each of the following conditions precedent:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF DEVELOPER The obligations of Developer under this Agreement are conditioned upon the following:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLER The obligation of Seller to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction, on or before the Closing Date hereunder, of each of the following conditions, all or any of which may be waived, in whole or in part, by Seller.