Common use of Continuation Conditions Precedent Clause in Contracts

Continuation Conditions Precedent. On or prior to close of business on 1 September of each year (each, a Continuation CP Date), the Account Party shall promptly notify the Agent if (as of such Continuation CP Date):

Appears in 2 contracts

Sources: Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD), Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD)