Prior Conditions Clause Samples
The "Prior Conditions" clause sets out specific requirements or circumstances that must be satisfied before a party is obligated to perform its duties under an agreement. Typically, this clause lists actions such as obtaining regulatory approvals, securing financing, or delivering certain documents, which must occur before the contract becomes fully effective. By clearly defining these prerequisites, the clause ensures that both parties are protected from premature obligations and that the agreement only proceeds when all necessary conditions are met, thereby reducing the risk of disputes or unfulfilled expectations.
Prior Conditions. All of the conditions set forth in Section 4.1 shall have been satisfied.
Prior Conditions. No employee who prior to the date of this Agreement was receiving more than the rate of wages designated herein for the class of work in which they were engaged shall suffer a reduction of wages or conditions through the operation of or because of adoption of this Agreement. Negotiated changes between the UNION and the CITY are exempt from this provision.
Prior Conditions. All of the conditions precedent provided in SECTION 5 hereof shall have been satisfied.
Prior Conditions. All of the conditions precedent to the making of the Loan set forth in Sections 3.1, 3.2 and 3.3 (if applicable) shall have been satisfied as to the Earn-Out Advance.
Prior Conditions. Each of the conditions to such Party’s obligations in Article 7 or 8 shall be satisfied as of the relevant Subsequent Closing Date.
Prior Conditions. All conditions precedent listed in Sections 2, 3, and 4 have been satisfied and continue to be satisfied on an on-going basis, and any written request by Lender for any updated, additional or revised documentation or information required thereunder has been satisfied within a reasonable time, but not more than ten (10) days following such request.
Prior Conditions. At or prior to Closing, Borrower shall have satisfied (i) all conditions precedent set forth in Section 4.1, and (ii) all conditions precedent set forth elsewhere in this Agreement and in any other Loan Document.
Prior Conditions. When any matter in dispute has been referred to conciliation or arbitration for adjustment, the provisions and conditions prevailing prior to the time such matters arose shall not be changed or abrogated until agreement has been reached or a ruling has been made.
Prior Conditions. The Borrower shall have satisfied (i) all conditions precedent for the making of the initial Advance, as set forth in SECTION 4.1 above, and
Prior Conditions. Prior to the execution of this Lease, Landlord provided Tenant with a Phase One Environmental Site Assessment. Except for the contents of the aforementioned document, Landlord makes no other representations and/or warranties regarding the condition of the Premises, except that Landlord represents that the Premises are certified for the use of hazardous chemicals and chemical processing. Prior to the execution of this Lease, Landlord provided Tenant with information for conformance to IBC, NFPA, EPA and California code requirements including building occupancy class.