Conditions Precedent/Effectiveness Conditions. This Amendment shall be effective upon satisfaction of the following conditions precedent (all documents to be in form and substance satisfactory to Agent and Agent’s counsel): (a) Agent shall have received this Amendment fully executed by Borrowers; and (b) Execution and/or delivery of all other agreements, instruments and documents requested by Agent to effectuate and implement the terms hereof.
Appears in 4 contracts
Samples: Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.)
Conditions Precedent/Effectiveness Conditions. This Amendment shall be effective upon the date of satisfaction of all of the following conditions precedent (all documents to be in form and substance satisfactory to Agent and Agent’s counselthe “Effective Date”):
(a) Agent shall have received this Amendment fully executed by the Borrowers;
(b) Agent shall have received such other documents as Agent or counsel to Agent may reasonably request; and
(bc) Execution and/or delivery No Default or Event of all other agreements, instruments Default shall have occurred and documents requested by Agent be continuing under either Loan Agreement after giving effect to effectuate and implement the terms hereofof this Amendment.
Appears in 3 contracts
Samples: Revolving Credit and Security Agreement (IBEX LTD), Revolving Credit and Security Agreement (IBEX LTD), Revolving Credit and Security Agreement (IBEX Holdings LTD)
Conditions Precedent/Effectiveness Conditions. This Amendment shall be effective upon satisfaction of the following conditions precedent (all documents to be in form and substance satisfactory to Agent and Agent’s counsel):
(a) Agent shall have received this Amendment fully executed by Borrowers;
(b) Agent shall have received a non-refundable amendment fee in the amount of $25,000 which shall be fully earned as of the date hereof; and
(bc) Execution and/or delivery of all other agreements, instruments and documents requested by Agent to effectuate and implement the terms hereof.
Appears in 3 contracts
Samples: Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.)
Conditions Precedent/Effectiveness Conditions. This Amendment shall be effective upon satisfaction of the following conditions precedent (the “Effective Date”) (all documents to be in form and substance satisfactory to Agent and Agent’s counsel):
(a) Agent shall have received a fully executed copy of this Amendment;
(b) Agent shall have received all fees which are due and payable to Agent or to the Lenders as required by the Loan Agreement, this Amendment fully executed or any fee letter entered into by BorrowersBorrowers and Agent and/or Lenders; and
(bc) Execution and/or delivery of Agent shall have received all other agreementsdocuments, instruments and documents requested agreements or information as required by Agent to effectuate and implement the terms hereofin its sole discretion.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Radnor Holdings Corp), Revolving Credit and Security Agreement (Radnor Holdings Corp)
Conditions Precedent/Effectiveness Conditions. This Amendment shall be effective upon satisfaction the occurrence of the following conditions precedent (all documents to be precedent, each in form and substance satisfactory to Agent and Agent’s counsel(the “Effective Date”):
(a) Agent shall have received Agent’s receipt of this Amendment fully executed by Borrowers; andthe Borrowers and the Lenders;
(b) Execution and/or delivery Agent’s receipt of all such other agreements, instruments and documents requested by as Agent or counsel to effectuate and implement the terms hereofAgent may reasonably request.
Appears in 1 contract
Samples: Term Loan Credit and Security Agreement (EVINE Live Inc.)
Conditions Precedent/Effectiveness Conditions. This Amendment shall be effective upon satisfaction of the following conditions precedent (all documents to be in form and substance satisfactory to Agent and Agent’s counsel):
(a) Agent shall have received all fees which are due and payable to Agent or to the Lenders as required by the Loan Agreement, this Amendment or any fee letter entered into by Borrowers and Agent;
(b) Each Lender shall have received a fully executed by Borrowerscopy of its revolving credit note; and
(bc) Execution and/or delivery of all Agent shall have received such other agreements, instruments and documents requested as required by Agent to effectuate and implement the terms hereofin its sole discretion.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Radnor Holdings Corp)
Conditions Precedent/Effectiveness Conditions. This Amendment shall be effective upon satisfaction the occurrence of the following conditions precedent (all documents to be precedent, each in form and substance satisfactory to Agent and Agent’s counsel(the “Effective Date”):
(a) Agent shall have received Agent’s receipt of this Amendment fully executed by the Borrowers; and;
(b) Execution and/or delivery Agent’s receipt of all such other agreements, instruments and documents requested by as Agent or counsel to effectuate and implement the terms hereofAgent may reasonably request.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (iMedia Brands, Inc.)
Conditions Precedent/Effectiveness Conditions. This Amendment shall be effective upon satisfaction of the following conditions precedent (all documents to be in form and substance satisfactory to Agent and Agent’s counsel):
(a) Agent shall have received this Amendment fully executed by Borrowers;
(b) Agent shall have received documentation evidencing that Vital Farms has publically filed to initiate consummation of the IPO; and
(bc) Execution and/or delivery of all other agreements, instruments and documents requested by Agent to effectuate and implement the terms hereof.
Appears in 1 contract
Samples: Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.)
Conditions Precedent/Effectiveness Conditions. This Amendment shall be effective upon satisfaction the occurrence of the following conditions precedent (all documents to be precedent, each in form and substance satisfactory to Agent and Agent’s counsel(the “Effective Date”):
(a) Agent shall have received Agent's receipt of this Amendment fully executed by the Borrowers; and
(b) Execution and/or delivery Agent's receipt of all such other agreements, instruments and documents requested by as Agent or counsel to effectuate and implement the terms hereofAgent may reasonably request.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Valuevision Media Inc)