Amendment; Conditions Precedent. The ----------------------------------------------------- provisions of Paragraph 1 hereof shall be deemed to have become effective as of ----------- the date hereof, but such effectiveness shall be expressly conditioned upon the Agent's receipt of an originally-executed counterpart of this Amendment executed and delivered by duly authorized officers of each of the Credit Parties and each of the Lenders.
Amendment; Conditions Precedent. The provisions of Paragraph 1 of this Amendment shall be deemed to have become effective as of the date of this Amendment, but such effectiveness shall be expressly conditioned upon Agent's receipt of (i) a counterpart of this Amendment executed and delivered by duly authorized officers of each Borrower, each Credit Party, the Fronting Lender, the Requisite Lenders and Agent, (ii) an originally-executed copy of the Fronting Lender Note executed by each U.K. Borrower in accordance with Section 1.1(a)(ii) of the Credit Agreement and (iii) an originally-executed copy of a Swing Line Note executed by each U.K. Borrower in accordance with Section 1.1(b)(ii) of the Credit Agreement.
Amendment; Conditions Precedent. The amendments to the Loan Agreement set forth in Section 3 of this Amendment shall become effective as of the date of this Amendment upon the satisfaction of the following conditions precedent: 4.1. The Avtech Acquisition shall have been consummated on or prior to July 7, 1998, and in accordance with the terms of the Avtech Acquisition Documents and applicable law; 4.2. Borrower shall have executed and delivered to Agent for distribution to the Lenders amended and restated Revolving Credit Notes in form and substance substantially similar to Revolving Credit Notes previously executed by the Borrower in connection with the execution of the Loan Agreement, each in an amount equal to each Lender's Maximum Revolving Loan Amount; 4.3. The Subsidiaries of Borrower (other than Avtech) shall have executed and delivered a certain Reaffirmation of Guaranties, in the form of EXHIBIT A to this Amendment; 4.4. No Event of Default or Unmatured Event of Default shall have occurred and be continuing; 4.5. Borrower shall have delivered to Agent a certificate in form and substance satisfactory to Agent of Borrower's Secretary or an Assistant Secretary as to Borrower's certificate of incorporation and by-laws, the incumbency of Borrower's officers and corporate resolutions adopted by Borrower's board of directors with respect to this Amendment; 4.6. Agent shall have received an opinion of Borrower's legal counsel, in form and substance substantially similar to a legal opinion delivered by such counsel to Agent in connection with the execution and delivery of the Loan Agreement; 4.7. Agent shall have received on or prior to the date hereof an amendment fee (the "Amendment Fee") in the amount of $131,250, for further distribution to the Lenders based on the amounts set forth below each Lender's signature hereto; and 4.8. Agent shall have received on or prior to the date hereof, for its own account, a fee in respect of the transactions contemplated hereby as set forth in a certain letter agreement of even date herewith between Agent and Borrower. 5.
Amendment; Conditions Precedent. The amendments to the Loan Agreement set forth in Section 3 of this Amendment shall become effective as of the date of this Amendment upon the satisfaction of the following conditions precedent:
Amendment; Conditions Precedent. The time period for Sublessor to obtain Master Lessor’s Consent pursuant to Section 20 of the Sublease shall hereby be extended from thirty (30) days to sixty (60) days. For avoidance of doubt, in the event that Sublessor fails to obtain the Master Lessor Consent within sixty (60) days after the Execution Date, Sublessor’s and Sublessee’s termination right pursuant to Section 20 of the Sublease shall not be effective until the expiration of such sixty (60) day period.
Amendment; Conditions Precedent. The amendments to the Existing Credit Agreement set forth in Section 3 of this Third Amendment shall become effective on the date (the "Amendment Effective Date") on or before March 6, 1998 on which all of the following conditions precedent shall have been satisfied:
Amendment; Conditions Precedent. Each of the following shall constitute a condition precedent to (i) the Amendment Effective Date 1 occurring; and (ii) the obligations of the parties under this Amended and Restated Confirmation:
