Example ContractsClausesAdditional Conditions Precedent
Additional Conditions Precedent
Additional Conditions Precedent contract clause examples

The following additional conditions precedent apply in relation to any Drawing:

Conditions Precedent to this Agreement. The effectiveness of this Agreement and the obligation of the Lenders to continue to make the Facility (or any portion thereof) available to the Borrowers under this Agreement shall be expressly subject to the satisfaction of the conditions precedent set forth in Section 3 of the Seventh Amendment.

The Facility must, at all times, be linked to an approved transaction account held with NAB solely in the Borrower's name (or if there are two or more Borrowers, held jointly by each Borrower) and not with any other person.

The following additional conditions precedent apply in relation to any Drawing:

Conditions Precedent. This Amendment shall become effective as of the date hereof after each of the following conditions is satisfied (such date the “Effective Date”):

Conditions Precedent. The effectiveness of this Amendment is subject to the satisfaction of the following conditions precedent:

The following additional conditions precedent apply in relation to any Drawing:

The following additional conditions precedent apply in relation to any Utilisation (including the initial Utilisation):

The following additional conditions precedent apply in relation to the issue of any Bank Guarantee:

Conditions Precedent. The effectiveness of this Agreement and the obligations of the Amendment No. 1 Revolving Credit Lenders to make Loans or any other extensions of credit in respect of the Revolving Credit Commitment Increase are subject to the satisfaction of each of the following conditions (the date of the satisfaction of all such conditions, the “Amendment No. 1 Effective Date”):

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