Conditions to Effectiveness of Second Amendment. This Second Amendment shall become effective on the date on which the following conditions precedent have been satisfied or waived (the “Second Amendment Effective Date”):
Conditions to Effectiveness of Second Amendment. This Second Amendment shall become effective on the date (the "Effective Date") when Borrower shall satisfy all of the following conditions:
Conditions to Effectiveness of Second Amendment. This Second Amendment shall become effective on the date (the “Second Amendment Effective Date”) when each of the following conditions shall have been satisfied:
Conditions to Effectiveness of Second Amendment. The effectiveness of this Agreement is subject to the satisfaction of the following conditions precedent:
Conditions to Effectiveness of Second Amendment. This Amendment shall become effective on the first date (the “Second Amendment Effective Date”) on which the Administrative Agent (or its counsel) shall have received duly executed counterparts hereof that, when taken together, bear the signatures of IBM, the Subsidiary Borrowers and Lenders representing the Required Lenders.
Conditions to Effectiveness of Second Amendment. This Second Amendment shall become effective on the first date (the “Second Amendment Effective Date”) on which:
Conditions to Effectiveness of Second Amendment. This Second Amendment shall be effective on the date (the "Second Amendment Effective Date") that all of the following conditions precedent shall have occurred: (a) the Company and the Lender have duly executed and delivered-counterpart copies of this Second Amendment; (b) the Company shall have paid to the Lender a Credit Limit increase fee equal to one-eighth of one percent (.125%) of $10,000,000; (c) the Company shall have delivered to the Lender in form and substance satisfactory to the Lender and its counsel (1) certified copies of resolutions of the Board of Directors of the Company approving the execution and delivery of this Second Amendment; (2) a certificate of the Secretary or an Assistant Secretary of the Company certifying the names and true signatures of the officers of the Company authorized to sign this Second Amendment; (3) a duly executed Federal Reserve Form U-1 pursuant to Regulation U of the Board of Governors of the Federal Reserve System that the Company hereby authorizes and directs the Lender to supplement with each Daily Report for the purpose of at all times accurately and completely completing such form; (4) an opinion of counsel to the Company with respect to the effectiveness of this Second Amendment to amend the Agreement as provided herein; (d) all of the representations and warranties contained in this Second Amendment and the Agreement as amended hereby shall be true and correct as of the Second Amendment Effective Date except to the extent that they expressly relate to a prior date; and (e) no Event of Default shall have occurred and be continuing as of the Second Amendment Effective Date.
Conditions to Effectiveness of Second Amendment. This Second Amendment to the Credit Agreement shall become effective upon satisfaction of the following conditions:
Conditions to Effectiveness of Second Amendment. This Second Amendment shall be effective upon the satisfaction, in the Administrative Agent’s sole discretion, of the following conditions precedent:
Conditions to Effectiveness of Second Amendment. The effectiveness of this First Amendment and the agreements set forth herein are subject to fulfillment, as determined in the sole judgment of Agent, of the following conditions:
