Satisfaction of Condition Sample Clauses

Satisfaction of Condition. Borrower shall have satisfied the condition described in Section 2.6 and shall provide Lender with a written waiver of such condition.

Satisfaction of Condition. NESR shall, at its own cost, use its best endeavours to ensure that the Condition in Article VII of this Agreement is satisfied promptly after the date of this Agreement (and, in any event, before the Long-stop Date), including by soliciting proxies as promptly as practicable in accordance with applicable Law for the purpose of obtaining the De-SPAC Approval, and shall promptly notify the Selling Stockholders of the satisfaction of the Condition. Without prejudice to the foregoing, NESR shall and shall cause its Affiliates: (a) to promptly prepare the Proxy in a form and substance that complies with applicable requirements of the Exchange Act and the rules and regulations thereunder to be sent to the stockholders of NESR, for the purpose of, amongst other things, solicitation of proxies from the stockholders of NESR with respect to the De-SPAC Stockholder Voting Matters in an effort to obtain the De-SPAC Approval and providing the stockholders of NESR with the opportunity to have their Company Shares redeemed; (b) to take all actions that are necessary or reasonably advisable or as may be required by the SEC or by applicable Law in order to give effect expeditiously to the transactions contemplated by this Agreement; (c) to disclose in writing to the Selling Stockholders any event, fact or circumstance which will or may prevent the Condition from being satisfied on or prior to the Long-stop Date promptly after such event, factor circumstance comes to its attention; (d) make any necessary filings to the SEC as promptly as possible after the date of this Agreement and any filings with respect to the transactions contemplated hereby under the Securities Act and the Exchange Act and applicable “blue sky” laws and rules and regulations thereunder, to re-submit any such filings as promptly as possible (and in any event within the timeframe mandated by the SEC), and use its best efforts to have the Proxy cleared by the SEC under the Exchange Act as soon as possible after filing; (e) provide any additional information and documentary material that may be requested by the SEC and respond to any SEC comments as promptly as possible following receipt of such request or comments; (f) promptly notify the Selling Stockholders of any communications (whether written or oral) with the SEC in connection with obtaining the De-SPAC Approval, including in connection with the approval by the SEC of the Proxy, any filing of any supplement or amendment to the Proxy, the issuance ...

Satisfaction of Condition. Each party must: (a) use all reasonable endeavours to procure that the Condition is satisfied as soon as possible and in any event before the End Date; and (b) not take any action that will or is likely to hinder or prevent the satisfaction of the Condition.

Satisfaction of Condition. Buyer acknowledges that the condition described in Sections 6.1.3 has been satisfied, subject to execution of this Amendment and compliance with its terms. 4. REIMBURSABLES; TOTAL PURCHASE PRICE. Prior to Close of Escrow: [CONFIDENTIAL TREATMENT REQUESTED]. 5. NEW EXHIBIT "H." EXHIBIT "H" to the Agreement is hereby amended and replaced with Exhibit "H" attached hereto.

Satisfaction of Condition. Buyer and Seller shall use their ------------------------- respective reasonable endeavors to secure the satisfaction of the conditions to Closing contained in Section 8.2(g), provided that nothing in this Section 7.5 -------------- ----------- shall oblige Seller to agree to any variation in the terms of this Agreement or the transactions contemplated thereby.

Satisfaction of Condition. PRECEDENT TO AGREEMENT

Satisfaction of Condition. In relation to the Proposed Privatization and the Merger Agreement, the Company is informed that as at November 25, 2014, the Condition under the Merger Agreement in relation to obtaining the approval of the applicable governmental authority under the anti-monopoly law of the PRC or any official clarifications, guidance, interpretations or implementation rules in connection with or relation to such law for the consummation of the transactions contemplated by the Merger Agreement has been satisfied. Once Completion takes place, further announcement will be made by the Company in relation to Completion.

Satisfaction of Condition. In the event that, in spite of the Parties' efforts, the Clearance is not obtained on or prior to the Completion Date, at the request of either Party to be notified to the other within the following five (5) Business Days, the aforesaid term of July 15, 1999, shall be automatically extended to July 30, 1999, and the Parties shall forthwith consult with each other and shall use their best efforts in order to overcome any obstacle to the granting of the Clearance or arising in connection therewith. To this end, the Parties shall negotiate in good faith any required changes (if any) to the terms and conditions of this Agreement and/or of the agreements to be entered into pursuant to this Agreement to the extent that such changes do not materially affect the substance of the transactions contemplated hereby or thereby.

Satisfaction of Condition. Precedent (CP) 2.8.3.1 The Conditions Precedent shall be completed/ achieved within the Condition Precedent Period 2.8.3.2 Within 15 days of completion of their respective CPs each party shall issue a notice of satisfaction notifying other party about the completion of its CPs. Other party within a period of 15 days from receipt of such notice shall confirm its acceptance of the same. The later of two dates on which acceptance letter is issued by Seller or Purchaser, as the case may be, or the last date of Condition Precedent period, whichever occurs earlier shall be the Effective Date. 2.8.3.3 If a Party is prevented from fulfilling a Condition Precedent because of the occurrence of an event of Force Majeure within the Condition Precedent Period and the affected party provides documents to other party’s satisfaction establishing the Force Majeure period , then such Condition Precedent Period shall stand extended by the number of days such Party is delayed from fulfilling its Condition Precedent. Such extension due to Force Majeure however shall not exceed a total of 180 days 2.8.3.4 The CPs set out in Clause 2.8.1 above shall be fulfilled to the satisfaction of Seller or waived by Seller at its sole discretion without affecting the Seller in any way to honour the obligations under this agreement. Within 15 days of achieving or waving the CPs set out in Clause 2.8. 1. as the case may be, the Seller shall issue a notice of satisfaction and notify to Purchaser in writing. The Purchaser within 15 days from receipt of such notification shall issue a letter accepting the same. 2.8.3.5 The CPs set out in Clause 2.8.2. above shall be fulfilled to the satisfaction of both the Parties or waived jointly by both the Parties in writing, as the case may be. Within 15 days of completion of achieving the CPs set out in Clause 2.8.2 the Purchaser shall issue a written notice of satisfaction and notify to Seller. The Seller within 15 days from receipt of such notification by Purchaser shall issue a letter accepting the same. 2.8.3.6 In the event that any of the Conditions Precedent stipulated have not been satisfied or waived within the Condition Precedent Period or any extended period as mutually agreed by both the Parties, the non defaulting party shall have the right to extend the Condition Precedent period at its discretion or terminate the agreement by providing a written notice of 30 days provided the non defaulting party has completed/ achieved its CPs as set out in...