Conditions Precedent to Final Completion Sample Clauses

Conditions Precedent to Final Completion. Final Completion with respect to a Project shall not occur until the following conditions shall have been satisfied:
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Conditions Precedent to Final Completion. The Final Completion Date shall occur upon the satisfaction or waiver in writing by the Required Holders of the following conditions:
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Conditions Precedent to Final Completion. “Final Completion” of the Work shall occur when:
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Conditions Precedent to Final Completion. Final Completion shall only be achieved if, at the time of certification, the following conditions precedent have been satisfied: (a) Certificate of Service Readiness has been issued; (b) all Warranty Work has been completed; and (c) the Warranty Period has expired.
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Conditions Precedent to Final Completion. Final Completion shall mean and will be deemed to have occurred only when: (1) Substantial Completion has occurred, and all conditions thereto continue to be satisfied; (2) Owner has received from Contractor the Turnover Package in accordance with the requirements of this Agreement; (3) All Contractor’s Materials and wastes have been removed from the Site and properly disposed of; (4) Owner has received (i) from Contractor a conditional Lien Waiver and release on final payment, (ii) either a conditional or unconditional Lien Waiver and release on final payment from each Major Subcontractor, as applicable or as reasonably requested by Owner, and (iii) final Lien Waivers from any Subcontractor with respect to the performance of any services or delivery of any materials that could result in a lien on the Site or the ▇▇▇▇; (5) All Punch List Items have been completed to Owner’s reasonable satisfaction; (6) All Defective Work and Materials raised or identified by Owner or Contractor have been corrected to Owner’s reasonable satisfaction; and (7) Owner has delivered the countersigned Final Completion Certificate to Contractor.
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Related to Conditions Precedent to Final Completion

  • Conditions Precedent As conditions precedent to the advance of the Loan by the Lender: (a) the representations and warranties of the Borrower contained in paragraph 9 will be true and correct in all material respects and the Borrower will have complied with all covenants required to be complied with by it prior to the advance of the Loan by the Lender; (b) the Borrower will have: (i) received the conditional approval of the TSX Venture Exchange (the "Exchange") to the Acquisition and the transactions contemplated herein and will have delivered to the Lender a copy of the Exchange's conditional approval letter and such other documents as the Lender may request; (ii) executed and delivered all of the above security documents and the documents, securities and instruments referred therein and the Lender will have completed all registrations and other filings that may be prudent or necessary to perfect the Lender's security therein; (iii) duly appointed a nominee of the Lender to the board of directors of the Borrower and executed and delivered a director's indemnity agreement in form and terms satisfactory to the Lender and its nominee; (iv) executed and delivered to the Lender a certified copy of the Kremnica Acquisition Agreement and confirmation of the closing of the Acquisition, in form and terms satisfactory to the Lender; (v) delivered a certified copy of its directors' resolutions authorizing the borrowing of the Loan and the execution and delivery of this Agreement and all agreements, documents and instruments referred to herein, together with an officer's certificate, certifying certain factual matters, in form and terms satisfactory to the Lender; (vi) caused to be executed and delivered a legal opinion of Borrower's counsel, in form and terms satisfactory to the Lender and its counsel; and (vii) caused to be executed and delivered a legal opinion of Borrower's Slovak counsel, Csekes, Vilagi, Drgonec and partners, in form and terms satisfactory to the Lender and its counsel.. (c) the Lender will have completed and, in its sole and absolute discretion, be satisfied with its due diligence review of the Borrower; and (d) the Lender will have received the approval of its board of directors and will, in its sole and absolute discretion, be satisfied as to the creditworthiness of the Borrower and the adequacy of the collateral security provided herein. If any of the foregoing conditions precedent are not satisfied or waived by the Lender in writing on or before July 11, 2003, this Agreement will terminate, and the Lender will be under no further obligation to the Borrower in connection with the transaction contemplated herein.

  • 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.