AMENDMENT EFFECTIVE DATE AND CONDITIONS Sample Clauses

AMENDMENT EFFECTIVE DATE AND CONDITIONS. The amended rate structures and changes in rate methodology (the “Rate Changes”) and the Revenue Sharing (the Revenue Sharing together with the Rate Changes, shall be called the “Savings”) set forth in Sections VII and VIII of this Amended and Restated Third Amendment shall be effective commencing January 1, 2006 and shall continue through the term of each Airline’s Airline Operating Agreement and Terminal Building Lease, subject to the terms and conditions thereof. However, MAC and AIRLINE hereby acknowledge and agree that receipt of any credits for the Savings under this Amended and Restated Third Amendment is expressly conditioned upon the entry of an order in the 2005 Bankruptcy Case (which would include an order confirming a plan of reorganization and which shall contain the provisions regarding effectiveness set forth herein) (the “Assumption Order”) not later than September 30, 2007 approving the assumption by AIRLINE of the executory agreements relating to XX00, XX00, the Lease, and the other leases and executory agreements between AIRLINE and MAC set forth on Exhibit 4 hereto (the “Assumed Agreements”). The Assumption Order shall provide that the effectiveness of the assumption of the Assumed Agreements is conditioned upon the approval by all of the Signatory Airlines of this Amended and Restated Third Amendment or the 2007A Amendment to Airline Operating Agreement and Terminal Building Lease (the “2007A Amendment,” attached hereto as Exhibit 6) as an amendment to each Signatory Airline’s Airline Operating Agreement and Terminal Building Lease. Within thirty (30) days after the later to occur of (i) the entry of the Assumption Order and (ii) approval by all of the Signatory Airlines of this Amended and Restated Third Amendment or the 2007A Amendment and any other documents implementing the Savings (the “Amendment Effective Date”), MAC will (A) issue a check to (i) each Signatory Airline in an amount equal to the difference between the rates and charges calculated under the pre-existing Airline Operating Agreement and Terminal Building Lease with each Signatory Airline, without taking into account the changes set forth in this Amended and Restated Third Amendment (“Pre-Existing Rate Structure”), and such rates and charges calculated taking into account the Rate Changes and other revisions to the Airline Operating Agreement and Terminal Building Lease with each Signatory Airline that are set forth in this Amended and Restated Third Amendment (“Amend...
AutoNDA by SimpleDocs

Related to AMENDMENT EFFECTIVE DATE AND CONDITIONS

  • Amendment Effective Date This Amendment shall become effective as of the first date (the “Amendment Effective Date”) on which each of the following conditions shall have been satisfied:

  • Restatement Effective Date The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Agreement Effective Date This Agreement shall become effective and binding upon each Party immediately following the occurrence of the following conditions (the “Agreement Effective Date”):

  • Amendment Effectiveness This Amendment shall become effective as of the first date (the “First Refinancing Amendment Effective Date”) on which the following conditions have been satisfied:

  • Effective Date and Effective Time The closing of the --------------------------------- transactions contemplated hereby ("Closing") shall take place at the offices of Xxxxxxx, Xxxxxx & Xxxxxxxx, 0000 Xxxxxxxxx Xxx. X.X., Xxxxxxxxxx, X.X. 00000, unless another place is agreed to by RCFC and Bayonne, on a date ("Closing Date") that is no later than 14 days following the date on which the expiration of the last applicable waiting period in connection with notices to and approvals of governmental authorities shall occur and all conditions to the consummation of this Agreement are satisfied or waived, or on such other date as may be agreed to by the parties. Prior to the Closing Date, RCFC and Bayonne shall execute a Certificate of Merger in accordance with all appropriate legal requirements, which shall be filed as required by law on the Closing Date, and the Merger provided for therein shall become effective upon such filing or on such date as may be specified in such Certificate of Merger. The date of such filing or such later effective date as specified in the Certificate of Merger is herein referred to as the "Effective Date." The "Effective Time" of the Merger shall be as set forth in the Certificate of Merger.

  • Effective Date, Amendment and Termination A. This Agreement shall become effective as of the date executed by JPMDS or as of the first date thereafter upon which Financial Intermediary performs any service, or receives any payment pursuant hereto.

  • Effect; Effective Date Upon (i) delivery to the Administrative Agent of a notice of assignment, substantially in the form attached as Exhibit “I” to Exhibit G hereto (a “Notice of Assignment”), together with any consents required by Section 12.3(i), and (ii) payment of a $3,500 fee by the assignor or assignee to the Administrative Agent for processing such assignment, such assignment shall become effective on the effective date specified in such Notice of Assignment. The Notice of Assignment shall contain a representation by the Purchaser to the effect that none of the consideration used to make the purchase of the Commitment and Loans under the applicable assignment agreement are “plan assets” as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be “plan assets” under ERISA. On and after the effective date of such assignment, such Purchaser shall for all purposes be a Lender party to the Agreement and any other Loan Document executed by the Lenders and shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party hereto, and no further consent or action by the Borrower, the Lenders or the Administrative Agent shall be required to release the transferor Lender, and the transferor Lender shall automatically be released on the effective date of such assignment, with respect to the percentage of the Aggregate Commitment and Loans assigned to such Purchaser. Upon the consummation of any assignment to a Purchaser pursuant to this Section 12.3(ii), the transferor Lender, the Administrative Agent and the Borrower shall make appropriate arrangements so that replacement Notes are issued to such transferor Lender and new Notes or, as appropriate, replacement Notes, are issued to such Purchaser, in each case in principal amounts reflecting its Commitment, as adjusted pursuant to such assignment.

  • Amendment, Etc No amendment, modification or waiver of any provision of this Indenture relating to any Guarantor or consent to any departure by any Guarantor or any other Person from any such provision will in any event be effective unless it is signed by such Guarantor and the Trustee.

  • Prior to the Agreement Effective Date Prior to the Agreement Effective Date, the Trust will furnish to Ultimus the following:

  • Effective Date and Term This Agreement shall become effective upon execution by the Parties, and remain effective until all equity interests held by Party B in Party C have been transferred or assigned to Party A and/or any other person designated by Party A in accordance with this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.