Common use of CONDITIONS PRECEDENT TO EACH SEGMENT Clause in Contracts

CONDITIONS PRECEDENT TO EACH SEGMENT. The obligation of each Lender to make available a Segment is subject to the following conditions precedent: (a) (TRUST DEED CONDITIONS PRECEDENT - NO INCREASE IN PRINCIPAL AMOUNT): to the extent only that the provision of the Segment would result in an increase in the aggregate principal amount of all Segments outstanding on that day, that each of the conditions precedent set out in paragraphs (i) to (vi) (both inclusive) of Clause 5.7(a) of the Trust Deed (subject to Clause 5.7(c) of the Trust Deed) applies as if set out in this Agreement and has been satisfied (on the basis that any reference to the "Funding Creditor" in any of those paragraphs is a reference to the Lender); (b) (TRUST DEED CONDITIONS PRECEDENT - NO PROVISION OR ROLLOVER OF ACCOMMODATION): that each of the conditions precedent in paragraphs (a) to (d) (both inclusive) of Clause 5.8 of the Trust Deed applies as if set out in this Agreement and has been satisfied (on the basis that any reference to the "Funding Creditor" in any of those paragraphs is a reference to the Lender);

CONDITIONS PRECEDENT TO EACH SEGMENT. The obligation obligations of each Lender a Participant to make available a each Segment is subject to the following conditions precedent:: -------------------------------------------------------------------------------- BRIDGING FACILITY AGREEMENT ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ & Hedderwicks -------------------------------------------------------------------------------- (a) (TRUST DEED CONDITIONS PRECEDENT - NO INCREASE IN PRINCIPAL AMOUNT): ) to the extent only that the provision of the Segment would result in an increase in the aggregate principal amount of all Segments outstanding on that day, that each of the conditions precedent set out in paragraphs (i) to (vi) (both inclusive) of Clause 5.7(a5.7 (a) of the Trust Deed (subject to Clause 5.7(c) of the Trust Deed) applies as if set out in this Agreement and has been satisfied (on the basis that any reference to the "`Funding Creditor" ' in any of those paragraphs is a reference to the Lendera `Participant' as applicable); (b) (TRUST DEED CONDITIONS PRECEDENT - NO PROVISION OR ROLLOVER OF ACCOMMODATION): ) that each of the conditions precedent in paragraphs (a) to (d) (both inclusive) of Clause 5.8 of the Trust Deed applies as if set out in this Agreement and has been satisfied (on the basis that any reference to the "`Funding Creditor" ' in any of those paragraphs is a reference to a `Participant' as applicable); and (c) (NO DEFAULT) that no Event of Default or Potential Event of Default would result from the Lender);provision of the financial accommodation.

CONDITIONS PRECEDENT TO EACH SEGMENT. The obligation of each the Lender to make available a Segment is subject to the following conditions precedent: (a) (TRUST DEED CONDITIONS PRECEDENT - NO INCREASE IN PRINCIPAL AMOUNT): to the extent only that the provision of the Segment would result in an increase in the aggregate principal amount of all Segments outstanding on that day, that each of the conditions precedent set out in paragraphs (i) to (vi) (both inclusive) of Clause 5.7(a) of the Trust Deed (subject to Clause 5.7(c) of the Trust Deed) applies as if set out in this Agreement and has been satisfied (on the ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LOAN AGREEMENT & HEDDERWICKS ------------------------------------------------------------------------------- basis that any reference to the "Funding Creditor" FUNDING CREDITOR in any of those paragraphs is a reference to the Lender); (b) (TRUST DEED CONDITIONS PRECEDENT - NO PROVISION OR ROLLOVER OF ACCOMMODATION): that each of the conditions precedent in paragraphs (a) to (d) (both inclusive) of Clause 5.8 of the Trust Deed applies as if set out in this Agreement and has been satisfied (on the basis that any reference to the "Funding Creditor" FUNDING CREDITOR in any of those paragraphs is a reference to the Lender);; and

CONDITIONS PRECEDENT TO EACH SEGMENT. The obligation of each the Lender and BNZ to make available a each Segment is subject to the following conditions precedent: (a) (TRUST DEED CONDITIONS PRECEDENT - NO INCREASE IN PRINCIPAL AMOUNT): to the extent only that the provision of the Segment would FACILITY AGREEMENT -------------------------------------------------------------------------------- result in an increase in the aggregate principal amount of all Segments outstanding on that day, that each of the conditions precedent set out in paragraphs (i) to (vi) (both inclusive) of Clause 5.7(a) of the Trust Deed (subject to Clause 5.7(c) of the Trust Deed) applies as if set out in this Agreement and has been satisfied (on the basis that any reference to the "Funding Creditor" in any of those paragraphs is a reference to the "Lender" or "BNZ" as applicable); (b) (TRUST DEED CONDITIONS PRECEDENT - NO PROVISION OR ROLLOVER OF ACCOMMODATION): that each of the conditions precedent in paragraphs (a) to (d) (both inclusive) of Clause 5.8 of the Trust Deed applies as if set out in this Agreement and has been satisfied (on the basis that any reference to the "Funding Creditor" in any of those paragraphs is a reference to the "Lender" or "BNZ" as applicable); (c) (NO DEFAULT): that no Event of Default or Potential Event of Default will result from the provision of the financial accommodation; and