Common use of Conditions to Amendment Clause in Contracts

Conditions to Amendment. This Amendment shall become effective and be deemed effective as of the date first written above (the “Amendment Effective Date”) upon the satisfaction of the following conditions precedent: (a) The Borrower, each Originator, the Servicer, the Administrative Agent, the Issuing Lender and the Managing Agents party hereto shall have executed and delivered this Amendment. (b) The Administrative Agent shall have received a duly executed Reaffirmation, Consent and Acknowledgment of the Performance Undertaking in the form attached hereto. (c) The Administrative Agent shall have received a duly executed Reconveyance and Release Agreement (the “Reconveyance and Release Agreement”). (d) The Administrative Agent and each Managing Agent shall have received an updated Monthly Report giving effect to this Amendment and the release of the Released Assets as defined in the Reconveyance and Release Agreement. (e) The Administrative Agent shall have received such other agreements, instruments, documents, certificates, and opinions as the Administrative Agent may reasonably request.

Appears in 2 contracts

Samples: Omnibus Amendment (Newell Brands Inc), Loan and Servicing Agreement (Newell Brands Inc.)

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Conditions to Amendment. This Amendment shall become effective and be deemed effective as of the date first written above (the “Amendment Effective Date”) upon the satisfaction of the following conditions precedent: (a) The BorrowerJarden Receivables, each Originator, the Servicer, the Administrative Agent, the Issuing Lender and the Managing Agents party hereto shall have executed and delivered this Amendment. (b) The Administrative Agent shall have received a duly executed Reaffirmation, Consent and Acknowledgment of the Performance Undertaking in the form attached hereto. (c) The Administrative Agent shall have received a duly executed Amendment Fee Letter and all fees payable thereunder. (d) The Administrative Agent shall have received a duly executed Reconveyance and Release Agreement (the “Reconveyance and Release Agreement”). (de) The Administrative Agent and each Managing Agent shall have received an updated Monthly Report giving effect to this Amendment and the release of the Released Assets as defined in the Reconveyance and Release Agreement. (ef) The Administrative Agent shall have received such other agreements, instruments, documents, certificates, and opinions as the Administrative Agent may reasonably request.

Appears in 1 contract

Samples: Receivables Contribution and Sale Agreement (Newell Brands Inc)

Conditions to Amendment. This Subject to Section 4 below, this Amendment shall become effective and be deemed effective as of the date first written above (the “Amendment Effective Date”) upon the satisfaction of the following conditions precedent: (a) The Borrower, each Originator, the Servicer, the Administrative Agent, the Issuing Lender and the Managing Agents party hereto Agent shall have received a fully executed and delivered counterpart of this Amendment.Amendment from each of the other parties hereto; (b) The the Administrative Agent shall have received a duly executed Reaffirmation, Consent and Acknowledgment of the Performance Undertaking in the form attached hereto.; (c) The the Administrative Agent shall have received a duly fully executed Reconveyance counterpart of the Amended and Release Agreement (the “Reconveyance and Release Agreement”).Restated Fee Letter; (d) The the Administrative Agent and each Managing Agent the Group Agents shall have received an updated Monthly Report giving effect all fees and expenses required to this Amendment and be paid on the release date hereof pursuant to the terms of the Released Assets as defined in the Reconveyance Amended and Release Agreement.Restated Fee Letter; and (e) The the Administrative Agent shall have received such other agreements, instruments, documents, certificates, and opinions as the Administrative Agent may reasonably request.

Appears in 1 contract

Samples: Receivables Financing Agreement (Concentrix Corp)

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Conditions to Amendment. This Subject to Section 5 below, this Amendment shall become effective and be deemed effective as of the date first written above (the “Amendment Effective Date”) upon the satisfaction of the following conditions precedent: (a) The BorrowerJarden Receivables, each Originator, the Servicer, the Administrative Agent, the Issuing Lender and the Managing Agents party hereto shall have executed and delivered this Amendment. (b) The Administrative Agent shall have received the Monthly Report for the Monthly Period ended February 28, 2019, calculated after giving effect to Section 4 below. (c) The Administrative Agent shall have received a duly executed Amendment Fee Letter and all fees payable thereunder. (d) The Administrative Agent shall have received a duly executed Reaffirmation, Consent and Acknowledgment of the Performance Undertaking in the form attached hereto. (c) The Administrative Agent shall have received a duly executed Reconveyance and Release Agreement (the “Reconveyance and Release Agreement”). (d) The Administrative Agent and each Managing Agent shall have received an updated Monthly Report giving effect to this Amendment and the release of the Released Assets as defined in the Reconveyance and Release Agreement. (e) The Administrative Agent shall have received such other agreements, instruments, documents, certificates, and opinions as the Administrative Agent may reasonably request.

Appears in 1 contract

Samples: Omnibus Amendment (Newell Brands Inc)

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