Common use of PRE-CLOSING CONDITIONS Clause in Contracts

PRE-CLOSING CONDITIONS. 4.1 The obligation of the Parties to complete the sale of the Lands is subject to the satisfaction of all the conditions precedent set out in section 11.1 of the Framework Agreement and receipt of executed and registerable Releases for the Provincial Restrictive Covenant and Timber Covenant as set out in section 3.5(a) of the Framework Agreement.

Appears in 4 contracts

Sources: Intergovernmental Agreement, Framework Agreement, Intergovernmental Agreement