Additional Conditions for Effectiveness Clause Samples

Additional Conditions for Effectiveness. The effectiveness of this Amended and Restated Master Agreement shall be subject to the satisfaction of, or waiver by, each party hereto (acting directly or through its counsel) of the following conditions precedent, provided that the obligations of any Funding Party shall not be subject to any conditions contained in this Section 3.2 which are required to be performed by such Funding Party:

Additional Conditions for Effectiveness. This Agreement shall be effective upon the following conditions being satisfied: (a) all fees previously agreed in writing between the Borrower and each of the Lenders shall be paid by the Borrower to the Lenders; (b) all fees previously agreed in writing between the Borrower and the Agent shall be paid by the Borrower to the Agent. (c) the Borrower shall have delivered to the Agent a current certificate of compliance in respect of its governing jurisdiction and certified copies of its articles, by-laws and the resolutions authorizing the Documents to which it is a party and transactions hereunder and an Officer’s Certificate as to the incumbency of the officers of the Borrower signing the Documents to which it is a party; (d) the Agent and the Lenders shall have received legal opinions from each of legal counsel to the Borrower and Lenders’ Counsel with respect to those matters reasonable in scope for a transaction of this nature and otherwise in form and substance as may be required by all of the Lenders, acting reasonably; and (e) the Borrower shall have delivered to each respective Lender all documentation required to comply with all “know-your-client” requirements under the AML Legislation, as determined by each such Lender in respect of such Lender’s compliance, acting reasonably.

Additional Conditions for Effectiveness. This Agreement shall be effective upon the following conditions being satisfied: (a) all fees previously agreed in writing between the Borrower and each of the Lenders shall be paid by the Borrower to the Lenders; (b) all fees previously agreed in writing between the Borrower and the Agent shall be paid by the Borrower to the Agent. (c) the Borrower shall have delivered to the Agent a current certificate of compliance in respect of its governing jurisdiction and certified copies of its articles, by-laws and the resolutions authorizing the Documents to which it is a party and transactions hereunder and an Officer’s Certificate as to the incumbency of the officers of the Borrower signing the Documents to which it is a party; (d) the Agent and the Lenders shall have received legal opinions from each of legal counsel to the Borrower and Lenders’ Counsel with respect to those matters reasonable in scope for a transaction of this nature and otherwise in form and substance as may be required by all of the Lenders, acting reasonably; (e) all obligations outstanding under the Existing 4-Year Credit Agreement shall have been paid or repaid, (ii) the Existing 4-Year Credit Agreement shall be cancelled and (iii) evidence of the foregoing satisfactory to the Agent and the Lenders, each acting reasonably, shall have been received by the Agent and the Lenders; (i) subject to Section 1.8 and any other transitional arrangements agreed to with the Agent, all obligations outstanding under the Existing 5-Year Credit Agreement shall have been paid or repaid, (ii) the Existing 5-Year Credit Agreement shall be cancelled and (iii) evidence of the foregoing satisfactory to the Agent and the Lenders, each acting reasonably, shall have been received by the Agent and the Lenders; and (g) the Borrower shall have delivered to each respective Lender all documentation required to comply with all “know-your-client” requirements under the AML Legislation, as determined by each such Lender in respect of such Lender’s compliance, acting reasonably.