Common use of Conditions Precedent to Amendment Effective Date Clause in Contracts

Conditions Precedent to Amendment Effective Date. The provisions of Article 1 hereof shall become effective as of October 27, 2000 when this Amendment shall have been executed and delivered by MBIA, each Agent and consented to by each Bank and when the following conditions have been fulfilled to the reasonable satisfaction of the Agents. If such conditions shall not have been satisfied on or prior to November 17, 2000, the provisions of Article 1 shall not be given effect unless otherwise consented to by the Agents and the Majority Banks, but otherwise this Amendment shall remain in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Mbia Inc)

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Conditions Precedent to Amendment Effective Date. The provisions of Article 1 hereof shall become effective as of October 2731, 2000 2003 when this Amendment shall have been executed and delivered by MBIA, each Agent and consented to by each Bank and when the following conditions have been fulfilled to the reasonable satisfaction of the Agents. If such conditions shall not have been satisfied on or prior to November 17, 2000, the provisions of Article 1 shall not be given effect unless otherwise consented to by the Agents and the Majority Banks, but otherwise this Amendment shall remain in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Mbia Inc)

Conditions Precedent to Amendment Effective Date. The ------------------------------------------------ provisions of Article 1 hereof shall become effective as of October 2731, 2000 2001 when this Amendment shall have been executed and delivered by MBIA, each Agent and consented to by each Bank and when the following conditions have been fulfilled to the reasonable satisfaction of the Agents. If such conditions shall not have been satisfied on or prior to November 1716, 20002001, the provisions of Article 1 shall not be given effect unless otherwise consented to by the Agents and the Majority Banks, but otherwise this Amendment shall remain in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Mbia Inc)

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Conditions Precedent to Amendment Effective Date. The provisions of Article 1 I hereof shall become effective as of October 2729, 2000 1999 when this Amendment shall have been executed and delivered by MBIA, each Agent and consented to by each Bank and when the following conditions have been fulfilled to the reasonable satisfaction of the Agents. If such conditions shall not have been satisfied on or prior to November 1719, 20001999, the provisions of Article 1 I shall not be given effect unless otherwise consented to by the Agents and the Majority Banks, but otherwise this Amendment shall remain in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Mbia Inc)

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