The Undersigned's Conditions Precedent Sample Clauses

The Undersigned's Conditions Precedent. The obligations of the undersigned under this Agreement to proceed with the transactions contemplated hereby are subject to the fulfillment of the following condition prior to closing, and the Company shall use its best efforts to cause such condition to be fulfilled: all defaults under all agreements and instruments in connection with the Company's financing, currently outstanding, shall be waived by the Company's current financing and lending sources ("the Lenders"), and the Lenders shall consent to this Agreement, on terms and by written waiver and consent reasonably satisfactory in form and substance to the undersigned.
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Related to The Undersigned's Conditions Precedent

  • General conditions precedent The agreement of the Finance Parties referred to in clause 2 (Agreement of the Finance Parties) shall be further subject to: (a) the representations and warranties in clause 4 (Representations and warranties) being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and (b) no Event of Default or Default having occurred and continuing at the time of the Effective Date.

  • Conditions Precedent This Amendment shall become effective as of the date hereof (the “Amendment Effective Date”), subject to the satisfaction of the following conditions precedent:

  • Waiver of conditions precedent The conditions specified in this clause 9 are inserted solely for the benefit of the Bank and may be waived by the Bank in whole or in part and with or without conditions.

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Purchaser’s Conditions Precedent Except as may be waived in writing by Purchaser, the obligations of Purchaser hereunder are subject to the fulfillment at or prior to the Closing of each of the following conditions: