Condition Precedent definition

Condition Precedent means a policy term or condition upon which the Insurer's liability under the policy is conditional upon.

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Condition Precedent means one of the Conditions of Effectiveness listed in Sub-Clause 2.1 [Conditions of Effectiveness].

Condition Precedent means the condition precedent set out in clause 3.1 below;

Examples of Condition Precedent in a sentence

Buyer may require, as a Buyer’s Condition Precedent to the Closing, that Seller execute an estoppel agreement and/or a subordination agreement in a form acceptable to Buyer, confirming that, as of the Closing, (a) the Seller shall have no further interest in the Property or any portion thereof or any improvements thereon.
The Buyer may terminate or void this Agreement if any Condition Precedent is not satisfied, or if there is a violation in any of the Seller’s Warranties.
Upon occurrence of a Concessionaire Default or failure to meet any Condition Precedent, the Authority shall, without prejudice to its other rights and remedies hereunder or in law, be entitled to encash and appropriate from the Performance Security the amounts due to it for and in respect of such Concessionaire Default or for failure to meet any Condition Precedent.
Provided that as a Condition Precedent, We are given a detailed account of the expenses incurred along with the supporting bills and documents, substantiating such expenses.
Each Party shall promptly inform the other Party when any Condition Precedent for which it is responsible has been satisfied.

More Definitions of Condition Precedent

Condition Precedent means each of, or one of, the conditions set forth in Section 2.5(a)(i) through (iv) and “Conditions Precedent” shall refer to all of the conditions set forth in Section 2.5(a)(i) through (iv).

Condition Precedent means a Policy term or condition upon which the Company’s liability under the Policy is conditional upon.

Condition Precedent means a policy term or condition upon which the Insurer’s liability under the policy is conditional upon.

Condition Precedent means the conditions set out in Article 4 hereof.

Condition Precedent means receipt by Homes England of the Legal Opinion;

Condition Precedent means each of, or one of, the conditions set forth in Section 2.4(a)(i) through (iii) and “Conditions Precedent” shall refer to all of the conditions set forth in Section 2.4(a)(i) through (iii).

Condition Precedent has the meaning given in Clause 4.2 (Condition Precedent);

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