Conditions to Amendment Effective Date. This Amendment shall become effective upon the date (the “Amendment Effective Date”) when the following conditions are satisfied:
Conditions to Amendment Effective Date. This Agreement shall become effective on the Amendment Effective Date and enforceable against the parties hereto upon the occurrence of the following conditions which may occur prior to or concurrently with the closing of this Agreement:
Conditions to Amendment Effective Date. This Amendment shall become effective as of the date hereof (the “Amendment Effective Date”) upon satisfaction of the following conditions precedent: (a) the Administrative Agent shall have received, from each of the Borrower, the Administrative Agent and Lenders under the Existing Credit Agreement as of the Amendment Effective Date, a counterpart of this Amendment, signed on behalf of such party; and (b) the Administrative Agent shall have received payment of all fees and other amounts due and payable on or prior to the Amendment Effective Date, including the Administrative Agent’s and its affiliates’ reasonable out-of-pocket expenses (including reasonable out-of-pocket fees and expenses of counsel for the Administrative Agent) in connection with this Amendment in accordance with Section 9.03(a)
Conditions to Amendment Effective Date. The amendment contained in Section 4 shall not be effective unless each of the conditions precedent set forth in Section 2 and each of the following conditions precedent is satisfied (the date on which all such conditions have been satisfied being referred to herein as the “Amendment Effective Date”):
(a) the Administrative Agent shall have received (i) counterparts of the Intercreditor Agreement (substantially in the form of Annex C hereto) executed by the Administrative Agent, the Second Lien Agent (as defined therein), Holdings and the Borrower and (ii) an Assumption Agreement (as defined in the Guarantee and Collateral Agreement), executed by IASG and each of its Subsidiaries, joining the Guarantee and Collateral Agreement as an Additional Grantor (as defined in the Guarantee and Collateral Agreement), together with updated schedules thereto as applicable;
(b) the Administrative Agent shall have received signed authorization to execute this Amendment from the Required Lenders and the Majority Facility Lenders with respect to each Facility;
(c) the Acquisition and related transactions shall have been consummated simultaneously with the effectiveness of this Amendment, and the Acquisition Agreement and all other related documentation shall be reasonably satisfactory to the Administrative Agent; IASG shall have received the consent of the requisite holders of the IASG Notes to the exchange of such IASG Notes for Second Lien Notes and to remove all restrictive covenants required therein, and an amount sufficient to defease in full all IASG Notes not so exchanged for Second Lien Notes shall have been irrevocably deposited with the trustee for the holders of such IASG Notes concurrently with the consummation of the Acquisition; and the Second Lien Indenture and all other related documentation shall be reasonably satisfactory to the Administrative Agent;
(d) no indebtedness of IASG, other than indebtedness permitted to exist pursuant to the Credit Agreement as amended hereby, shall exist upon the consummation of the Acquisition;
(e) all governmental and material third party approvals (i) required in the Acquisition Agreement, and (ii) necessary in connection with this Amendment (including stockholder approvals, if any) shall have been obtained and be in full force and effect or (in the case of clause (i)) waived in accordance with the Acquisition Agreement; provided no such waiver that would be materially adverse to the Lenders shall be permitted without the ...
Conditions to Amendment Effective Date. This Reimbursement and Pledge Agreement shall be and become effective on the date that the following conditions precedent have been satisfied:
Conditions to Amendment Effective Date. The occurrence of the Amendment Effective Date is subject to satisfaction of the conditions set forth in the Amendment.
Conditions to Amendment Effective Date. This Amendment shall become effective and the Sixth Amendment Effective Date shall occur upon completion of each of the following conditions to the reasonable satisfaction of each of LaSalle and Bank One:
Conditions to Amendment Effective Date. This Amendment shall become effective upon the date the Holders shall have received counterparts of this Amendment duly executed and delivered by the Company and the other Holders.
Conditions to Amendment Effective Date. The amendments set forth in paragraphs 3(B), 4, 5(A), 5(B), 5(C) and 6 of this Amendment shall not become effective until the date (the "Amendment Effective Date") on which (i) this Amendment shall have been executed by the Borrower, the other Credit Parties and the Required Lenders, and Agent shall have received evidence satisfactory to it of such execution, (ii) the Bankruptcy Court shall have entered an order satisfactory in form and substance to the Agent authorizing the payment by no later than October 27, 2003 by the Borrower to the Agent for the respective account of each Lender that has executed and delivered to each Agent a counterpart of this Amendment by not later than 5:00 p.m. (New York City time) on October 10, 2003, an amendment fee in an amount equal to 1/10 of 1% of such Lender's Commitment on October 10, 2003, and (iii) such amendment and other fees referred to above shall have been paid in cash to the Agent within one Business Day after entry of the order referred to above (it being understood and agreed that the fees referred to in clause (ii) are being paid in consideration of all of the waivers and amendments set forth herein).
Conditions to Amendment Effective Date. This Amendment shall become effective on the date (the “Third Amendment Effective Date”) on which the Administrative Agent (or its counsel) shall have received counterparts of this Amendment from the Lenders that, at a minimum, collectively represent the Super Majority Lenders and the Borrowers.
