Conditions for Effectiveness of Restatement Sample Clauses

Conditions for Effectiveness of Restatement. This Agreement shall become effective, and the obligation of each Lender to advance any initial Revolving Loans and to purchase the initial participations in any L/C Obligations hereunder, and of each Issuing Bank to issue any Letter of Credit hereunder, shall only take effect, on the date (the “Restatement Effective Date”) on which each of the following conditions has been satisfied (or waived in accordance with Section 10.11):
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