Unconditional Date Sample Clauses
The Unconditional Date clause defines the specific date on which all conditions precedent in an agreement are satisfied, making the contract fully binding and enforceable. In practice, this date is often triggered when parties confirm that all required approvals, consents, or other stipulated conditions have been met, such as regulatory clearances or financing arrangements. Its core function is to provide a clear and objective point in time when contractual obligations become effective, thereby reducing uncertainty and ensuring both parties know when their commitments commence.
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Unconditional Date. Seller and Purchaser shall each notify the other promptly upon becoming aware that (i) any of the Closing Conditions have been fulfilled, or (ii) the satisfaction of any of the Closing Conditions is or has become impossible. The first Business Day by which all Closing Conditions have been fulfilled (or waived in accordance with clause 8.3) is the "Unconditional Date".
Unconditional Date. This Agreement shall become unconditional on the Unconditional Date. Within two (2) days of the Unconditional Date, the parties shall mutually agree on the Completion Date. The Vendor shall deliver to the Purchaser the Completion Accounts of the Vsource Companies as at the Completion Accounts Date on the Completion Date.
Unconditional Date. The SPA shall become unconditional on the date on which the last of the conditions set out in Paragraph 3.1 is obtained or fulfilled or waived, in accordance with the provisions of the SPA and the date specified in the confirmatory notice pursuant to Paragraph 3.2 shall be the Unconditional Date.
Unconditional Date. Sellers and Purchaser shall each notify the other promptly upon becoming aware that (i) any of the Closing Conditions have been fulfilled, or (ii) the satisfaction of any of the Closing Conditions is or has become impossible. The first Business Day by which all Closing Conditions have been fulfilled (or waived in accordance with clause 8.3) is the "Unconditional Date". Without limitation to the preceding sentence, Sellers and Purchaser shall each notify the other without undue delay when, in the respective Party's reasonable assessment, it becomes clear that the fulfilment of a Closing Condition can be expected.
Unconditional Date. On the date of the relevant Party's Solicitor's receipt of written notification and documentary evidence from the other Party or its Solicitors that the last of the Conditions Precedent is fulfilled or waived in accordance with the provisions of this Clause 4, this Agreement shall become unconditional and such date shall hereinafter be referred to as the "Unconditional Date".
Unconditional Date. The date on which the Conditions are fulfilled as per the terms of the MOU shall be referred to as “the Unconditional Date”
Unconditional Date. The SSA shall become unconditional on the day upon which the Conditions have been fulfilled in accordance with the provisions of the SSA (“Unconditional Date”).
Unconditional Date. The MAHB Land Lease Agreement shall become unconditional on the date on which the last of the Conditions Precedent has been duly fulfilled.
Unconditional Date. The Agreement shall be rendered “Unconditional” upon the fulfilment of the Condition Precedent by IGSB and CHPPSB within the time period as stated in items 3.3(a) and 3.3(b) above. The date of the fulfilment or compliance of the last of the Conditions Precedent as stated in item 3.3(b) above shall be referred to as the “Unconditional Date”.
Unconditional Date. The Agreements shall be rendered “Unconditional” upon the original of the Consents to Transfer are in receipt by the Purchaser’s Solicitors. The date of the receipt of the last original Consents to Transfer under the Agreement and/or other SPAs by the Purchaser’s Solicitors shall be the “Unconditional Date”.