Satisfaction of Other Conditions Sample Clauses
The 'Satisfaction of Other Conditions' clause establishes that certain obligations or actions under an agreement are contingent upon the fulfillment of specified conditions. In practice, this means that a party is not required to proceed with its responsibilities—such as closing a transaction or delivering goods—until all outlined prerequisites are met, which may include regulatory approvals, third-party consents, or completion of due diligence. This clause ensures that parties are protected from being bound to perform if essential requirements have not been satisfied, thereby reducing risk and promoting fairness in the contractual relationship.
Satisfaction of Other Conditions. On the Closing Date, counsel for the Underwriters shall have been furnished with such other documents as they may reasonably require for the purpose of enabling them to pass upon the issuance and sale of the Offered Securities as herein contemplated and related proceedings, or in order to evidence the accuracy of any of the representations or warranties, or the fulfillment of any of the conditions, herein contained; and all proceedings taken by the Transaction Entities in connection with the issuance and sale of the Offered Securities as herein contemplated shall be satisfactory in form and substance to the Underwriters and counsel for the Underwriters.
Satisfaction of Other Conditions. On the date of Issuance of such Letter of Credit, all conditions precedent described in Section 5.05 shall be satisfied to the same extent as if the Issuance of such Letter of Credit were the making of a Loan and the date of Issuance of such Letter of Credit were a Borrowing Date. Each Letter of Credit Request submitted by the Company hereunder shall constitute a representation and warranty by the Company hereunder, as of the date of each such Letter of Credit Request and as of the date on which the Letter of Credit is Issued, that the conditions in this Section 5.06 are satisfied.
Satisfaction of Other Conditions. All of the conditions set -------------------------------- forth in Sections 7.1(c) (other than clause viii)) and 7.1(d) (other than clause (ix)) hereof shall have been satisfied (or waived by the appropriate party).
Satisfaction of Other Conditions. All other terms and conditions of the Loan Documents required to be met as of the Closing Date shall have been met to the reasonable satisfaction of Lender.
Satisfaction of Other Conditions. Each of the conditions set forth in Section 10.1 hereof shall have been satisfied.
Satisfaction of Other Conditions. The conditions set forth in Sections 4.6, 4.9 and 4.12 above shall have been fulfilled by the Company.
Satisfaction of Other Conditions. On the date of issuance of such Letter of Credit, each of the conditions precedent set forth in clauses (a), (c)(i), (d), (e) and (g) of Section 9.02 of the Common Security Agreement shall be satisfied to the same extent as if the issuance of such Letter of Credit were the making of a Loan and the date of Issuance of such Letter of Credit were a Borrowing Date.
Satisfaction of Other Conditions. The Lender shall have received counterparts or evidence of each of the following, in form, scope and substance satisfactory to the Lender and its counsel:
(a) A secretarial and incumbency certificate for the Borrower, including evidence of the approval of Borrower's board (or an executive committee thereof);
(b) The certificate described in Section
Satisfaction of Other Conditions. All conditions and other requirements set forth in Section 2 with respect to the obligations of the Lenders to make Revolving Loans and the obligation of the Issuing Lender to issue any Letters of Credit (including payment of the Fees) shall have been satisfied or met.
Satisfaction of Other Conditions. (a) In addition to any other conditions set forth in this contract, Purchaser's obligation to close hereunder is subject to each and all of the following conditions precedent:
(i) All of Seller's representations and warranties contained in Section 4 and elsewhere in this Contract shall be true and correct in all material respects when made and if required pursuant to the provisions of this Contract, also as of the Closing Date.
(ii) All covenants and agreements of Seller herein shall have been performed and satisfied in accordance with this Contract.
(iii) Between the end of the Diligence Period set forth in subparagraph 3.2(c)(i) below and the Closing, there shall have been no material adverse change in the Environmental State (as hereinafter defined) of the Premises which has not been cured prior to Closing to the reasonable satisfaction of Purchaser, other than any change resulting from the willful misconduct or gross negligence of Purchaser, its agents or employees.
(b) As a condition to Seller's obligations under this Contract, including but not limited to paragraphs 10 (a) and 13.1 hereof, Purchaser shall provide to Seller, on or before November 19, 1997, a list of title and survey objections and any other conditions in (a) not satisfied, together with a title report, survey and other supporting documentation reasonably requested by Seller, including copies of recorded documents relative thereto.
(c) The purchase and sale contemplated hereby is expressly conditioned upon satisfaction of the following conditions within their respective time limits, including any agreed extensions thereof, as Purchaser in its reasonable discretion may determine: (i) Within ten business (10) days after the date hereof (the "Diligence Period") Purchaser shall have determined in its sole and reasonable discretion that there has been no material adverse change to the environmental status, quality and condition of the Premises ("the Environmental State"), including any and all Improvements and the subsurface thereof, described in that certain Existing Assessment (as hereinafter defined). Purchaser shall be permitted to conduct a Phase I environmental assessment of the Premises ("Phase I") using an engineer duly licensed and in good standing in the State of New York, provided Purchaser provides Seller with a certificate of its insurance naming Seller as a certificate holder.