Common use of Conditions Precedent to the Effectiveness of the Commitments Clause in Contracts

Conditions Precedent to the Effectiveness of the Commitments. It is agreed by each of the parties hereto that the respective Commitments of each Loan Participant in respect of the Designated Aircraft and the effectiveness of this Agreement is subject to the satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Facility Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.)

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Conditions Precedent to the Effectiveness of the Commitments. It is agreed by each of the parties hereto that the respective Commitments of each Loan Participant Financier in respect of the each Designated Aircraft and the effectiveness of this Agreement is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Facility Agreement (Virgin America Inc.)

Conditions Precedent to the Effectiveness of the Commitments. It is agreed by each of the parties hereto that the respective Commitments of each Loan Participant Purchaser in respect of the Designated Aircraft and the effectiveness of this Agreement is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Note Purchase Agreement (Virgin America Inc.)

Conditions Precedent to the Effectiveness of the Commitments. It is agreed by each of the parties hereto that the respective Commitments of each Loan Participant in respect of the each Designated Aircraft and the effectiveness of this Agreement is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Facility Agreement (Virgin America Inc.)

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Conditions Precedent to the Effectiveness of the Commitments. It is agreed by each of the parties hereto that the respective Commitments of each Loan Participant Purchaser in respect of the each Designated Aircraft and the effectiveness of this Agreement is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Note Purchase Agreement (Virgin America Inc.)

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