Common use of Conditions Precedent; Effective Date Clause in Contracts

Conditions Precedent; Effective Date. This Amendment shall become effective on the date on which this Amendment is executed and delivered by a duly authorized officer of each of Guarantor and Administrative Agent, on behalf of Buyers (the “Amendment Effective Date”).

Appears in 2 contracts

Samples: Guaranty (ACRES Commercial Realty Corp.), Guaranty (ACRES Commercial Realty Corp.)

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Conditions Precedent; Effective Date. This Amendment shall become effective on the date on which this Amendment is executed and delivered by a duly authorized officer of each of Buyer and Guarantor and Administrative Agent, on behalf of Buyers (the “Amendment Effective Date”).

Appears in 2 contracts

Samples: Guarantee Agreement (ACRES Commercial Realty Corp.), Guarantee Agreement (ACRES Commercial Realty Corp.)

Conditions Precedent; Effective Date. This Amendment shall become effective on the date on which upon a counterpart of this Amendment is being duly executed and delivered by a duly authorized officer of each of the Seller, Guarantor and Administrative AgentBuyer, on behalf along with the delivery to Buyer of Buyers (the “Amendment Effective Date”)such other documents as Buyer or counsel to Buyer may reasonably request.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Granite Point Mortgage Trust Inc.), Master Repurchase Agreement (Claros Mortgage Trust, Inc.)

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Conditions Precedent; Effective Date. This Amendment shall become effective on the date on which upon a counterpart of this Amendment is being duly executed and delivered by a duly authorized officer of each of the Seller, Guarantor and Administrative Agent, on behalf of Buyers (the “Amendment Effective Date”)Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (ACRES Commercial Realty Corp.)

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