Common use of Conditions Precedent to Effectiveness of this Amendment Clause in Contracts

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version of the Senior Amendment (as defined below), in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicable. (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan Agreement, including, without limitation, legal fees and expenses of counsel to the Agent. (d) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (e) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 4 contracts

Samples: Credit Agreement (Connecture Inc), Second Lien Term Loan Agreement (Connecture Inc), Second Lien Term Loan Agreement (Connecture Inc)

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Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version of amendment to the Senior Amendment (as defined below)Second Lien Credit Agreement, in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicable. (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan terms of the Credit Agreement, including, without limitation, legal fees and expenses of counsel to the Agent. (d) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (e) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 4 contracts

Samples: Second Lien Term Loan Agreement (Connecture Inc), Credit Agreement (Connecture Inc), Second Lien Term Loan Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version of amendment to the Senior Amendment (as defined below)First Lien Credit Agreement, in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicable. (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan Agreement, including, without limitation, legal fees and expenses of counsel to the Agent. (d) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (e) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 2 contracts

Samples: Second Lien Term Loan Agreement (Connecture Inc), Second Lien Term Loan Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version received, on behalf of the Senior Lenders party hereto a fully-earned, non-refundable amendment fee equal to 0.50% of the sum of the aggregate outstanding Initial Term Loan Commitments of the Lenders party hereto, which fee is due and payable in full on the Second Amendment (as defined below), in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicableEffective Date. (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan Agreement, including, without limitation, legal fees and expenses of counsel to the Agent. (d) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (e) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment, including new Notes for the Second Amendment Term Loans and amended and restated Notes for the Initial Term Loans, each dated as of the date hereof, and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 2 contracts

Samples: Second Lien Term Loan Agreement (Connecture Inc), Second Lien Term Loan Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version of amendment to the Senior Amendment (as defined below)Second Lien Credit Agreement, in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicable. (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan Credit Agreement, including, without limitation, legal fees and expenses of counsel to the Agent. (d) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (e) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Credit Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version of the Senior Amendment (as defined below), in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicable. (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan AgreementAmendment, including, without limitation, legal fees and expenses of counsel to the Agent. (dc) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (ed) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent. (e) Agent shall have received a fully executed copy of that certain Amendment No. 2 to Credit Agreement (the “Senior Amendment”), dated of even date herewith, by and among the Borrowers, the lenders party thereto and Xxxxx Fargo Bank, National Association (in such capacity, the “Senior Agent”), in form and substance reasonably acceptable to Agent.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version of an amendment to the Senior Amendment Intercreditor Agreement which shall provide for, among other things, an increase to the First Lien Cap (as such term is defined below), in form and substance reasonably acceptable the Intercreditor Agreement) on terms satisfactory to Agent and relating to the matters addressed in this Amendment, as applicableAgent. (c) Agent shall have received an amendment to the Fee Letter on terms satisfactory to the Agent. (d) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan AgreementAmendment, including, without limitation, legal fees and expenses of counsel to the Agent. (de) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (ef) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Credit Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. 1 This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent The Borrowers shall have received a fully executed version delivered to Agent true and correct copies of all Second Lien Credit Documents as of the Senior Amendment (as defined below), in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicableEffective Date. (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan AgreementAmendment, including, without limitation, legal fees and expenses of counsel to the Agent. (d) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (e) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Credit Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) The Borrowers shall have delivered to Agent true and correct copies of all of the Bridge Loan Documents as of the Effective Date, and each shall be in form and substance satisfactory to Agent, including without limitation, the subordination terms included therein. (c) Agent shall have received a fully executed version of amendment to the Senior Amendment (as defined below)Second Lien Credit Agreement, in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicable. (cd) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan AgreementAmendment, including, without limitation, legal fees and expenses of counsel to the Agent. (de) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (ef) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Credit Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version from the Borrowers prepayments of the Senior Amendment (as defined below)principal of the Term Loan in an amount equal to $2,000,000 to be applied to the principal amount of the Term Loan in accordance with the Credit Agreement, in form each case, together with interest to be paid on the Amendment No. 1 Effective Date with respect to such principal amounts being prepaid and substance reasonably acceptable any Applicable Partial Prepayment Premium to the extent required by the Administrative Agent and relating to the matters addressed in this Amendment, as applicableLenders. (c) The Borrowers Agent shall have paid received that certain Amendment No. 1 Fee Letter dated as of the date hereof fully executed in a sufficient number of counterparts for distribution to all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan Agreement, including, without limitation, legal fees and expenses of counsel to the Agentparties. (d) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (e) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Credit Agreement (Connecture Inc)

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Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a that certain Amendment No. 9 Fee Letter dated as of the date hereof fully executed version in a sufficient number of the Senior Amendment (as defined below), in form and substance reasonably acceptable counterparts for distribution to Agent and relating to the matters addressed in this Amendment, as applicableall parties. (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan Credit Agreement, including, without limitation, legal fees and expenses of counsel to the Agent. (d) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (e) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Credit Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties.this Amendment; (b) Agent shall have received a fully executed version No Default or Event of the Senior Amendment (as defined below), in form Default has occurred and substance reasonably acceptable is continuing or will result from giving effect to Agent and relating to the matters addressed in this Amendment, as applicable.; (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan Agreement, including, without limitation, legal fees and expenses of counsel to the Agent. (d) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or and warranties that, by their terms, are specifically made as of a date other than the date hereof, in which case such representations and warranties shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that are already qualified or modified by materiality in the text thereof) must as of such earlier date) shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any such representation and warranty that is already qualified or modified by materiality in the text thereof).; and (ed) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Hudson Technologies Inc /Ny)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) The Borrowers shall have delivered to Agent true and correct copies of all of the Bridge Loan Documents as of the Effective Date, and each shall be in form and substance satisfactory to Agent, including without limitation, the subordination terms included therein. (c) Agent shall have received a fully executed version of amendment to the Senior Amendment (as defined below)First Lien Credit Agreement, in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicable. (cd) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan AgreementAmendment, including, without limitation, legal fees and expenses of counsel to the Agent. (de) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (ef) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Term Loan Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version of the Senior Amendment (as defined below), in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicable. (c) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan AgreementAmendment, including, without limitation, legal fees and expenses of counsel to the Agent. (dc) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (ed) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Credit Agreement (Connecture Inc)

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent: (a) Agent shall have received this Amendment fully executed in a sufficient number of counterparts for distribution to all parties. (b) Agent shall have received a fully executed version of amendment to the Senior Amendment (as defined below)First Lien Credit Agreement, in form and substance reasonably acceptable to Agent and relating to the matters addressed in this Amendment, as applicable. (c) Agent shall have received that certain Amendment No. 8 Fee Letter dated as of the Amendment No. 8 Effective Date fully executed in a sufficient number of counterparts for distribution to all parties. (d) The Borrowers shall have paid all reasonable out-of-pocket fees, costs and expenses incurred by the Agent in connection with this Amendment or otherwise due and payable pursuant to the Term Loan Agreement, including, without limitation, legal fees and expenses of counsel to the Agent. (de) The representations and warranties set forth herein and in the Loan Documents (other than any such representations or warranties that, by their terms, are specifically made as of a date other than the date hereof) must be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any portion of any representation and warranty that is already qualified or modified by materiality in the text thereof). (ef) Agent shall have received all other documents and legal matters in connection with the transactions contemplated by this Amendment and such documents shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Connecture Inc)

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