Common use of Conditions to Effectiveness of Amendment Clause in Contracts

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this Amendment, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 2 contracts

Samples: Financing Agreements (Lexington Precision Corp), Financing Agreements (Lexington Precision Corp)

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Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of September 15, 2003, attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of September 15, 2003, attached hereto as Exhibit A, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of August 11, 2003, attached hereto as Exhibit A, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of May 21, 2003, attached hereto as Exhibit A, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of April 4, 2003, attached hereto as Exhibit A, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of October 15, 2003, attached hereto as Exhibit A, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of May 21, 2003, attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this Amendment, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of DefaultDefault (after giving effect to the provisions of this Amendment).

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this Amendment, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of DefaultDefault (after giving effect to the provisions of this Amendment).

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of July 9, 2003, attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All all representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No no Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of DefaultDefault (after giving effect to the provisions of this Amendment).

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this Amendment, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this Amendment, together with an the following, each of which shall be in form and substance satisfactory to Congress: (i) the LCI Third Restated Note; and (ii) the Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress;. (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and. (c) No Event of Default shall exist or have occurred and be continuing, and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreement (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of July 9, 2003, attached hereto as Exhibit A, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All all representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No no Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of DefaultDefault (after giving effect to the provisions of this Amendment).

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of April 4, 2003, attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of October 15, 2003, attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

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Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this Amendment, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Except for the Event of Default referenced in the Agreement, dated as of April 30, 2000, among LPC, LRG and Congress, no Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of January 3, 2003, attached hereto as Exhibit A, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of June 28, 2002 attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of February 17, 2003, attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this Amendment, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Except for the Event of Default referenced in the Agreement, dated as of April 30, 2000, among LPC, LRG and Congress, no Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of January 3, 2003, attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this Amendment, together with an the following, each of which shall be in form and substance satisfactory to Congress: (i) the LPC Third Restated Note; and (ii) the Amendment between LPC LCI and Congress dated of even date herewith with respect to the LPC LCI Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress;. (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and. (c) No Event of Default shall exist or have occurred and be continuing, and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of November 7, 2003, attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG LPC shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of August 11, 2003, attached hereto as Exhibit A, together with an Amendment between LPC LRG and Congress dated of even date herewith with respect to the LPC LRG Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

Conditions to Effectiveness of Amendment. Anything contained in this Amendment to the contrary notwithstanding, the terms and provisions of this Amendment shall only become effective upon the satisfaction of the following additional conditions precedent: (a) Each of Congress and LRG shall have received an executed original or executed original counterparts (as the case may be) of this AmendmentAmendment and an executed copy of the Agreement, dated as of November 7, 2003, attached hereto as Exhibit A, together with an Amendment between LPC and Congress dated of even date herewith with respect to the LPC Financing Agreements and the documents and instruments required thereunder (if any) and the satisfaction of all conditions precedent to the effectiveness thereof, which shall be in form and substance satisfactory to Congress; (b) All representations and warranties contained herein, in the Accounts Agreement and in the other Financing Agreements shall be true and correct in all material respects; and (c) No Event of Default shall have occurred and no event shall have occurred or condition be existing which, with notice or passage of time or both, would constitute an Event of Default.

Appears in 1 contract

Samples: Financing Agreements (Lexington Precision Corp)

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