Conditions to the Effectiveness of Agreement Sample Clauses

Conditions to the Effectiveness of Agreement. The effectiveness of this Agreement is subject to the receipt by Xxxxxxxx, on behalf of the Investors, on or prior to the Effective Date of the following documents (a) through (d), each in form and substance satisfactory to Arranger on behalf of the Investors: (a) an executed copy of this Agreement signed by all parties hereto;
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Conditions to the Effectiveness of Agreement. Notwithstanding any other provision of this Agreement and without affecting in any manner the rights of Administrative Agent and Lenders hereunder, this Agreement shall not become effective until the following conditions have been satisfied, in Administrative Agent's sole discretion (including the delivery of documents in form and substance satisfactory to the Administrative Agent). If the Closing Date does not occur on or prior to December 31, 1996, this Agreement shall be void ab initio and of no force or effect and the Prior Credit Agreement shall continue to govern the Obligations outstanding thereunder.
Conditions to the Effectiveness of Agreement. The effectiveness of this Agreement is subject to the receipt by Xxxxxxxx, on behalf of the Investors, on or prior to the Effective Date of the following documents (a) through (d), each in form and substance satisfactory to Arranger on behalf of the Investors: (a) an executed copy of this Agreement signed by all parties hereto; (b) a good standing certificate for Company from the Secretary of State (or similar official) of the state of Company's organization; (c) a certificate of Responsible Officer certifying the names and true signatures of the incumbent officers authorized on behalf of Company to execute and deliver this Agreement and any other documents to be executed or delivered by it hereunder, together with its organizational documents and board resolutions, evidencing corporate action necessary for Company to execute, deliver and perform its obligations under this Agreement; and
Conditions to the Effectiveness of Agreement. 16 The obligation of the SBWMA and Contractor to perform under this Agreement is subject to 17 satisfaction, on or before the Effective Date, of each and every one of the conditions set out 18 below, which may be waived in whole or in part by the SBWMA.

Related to Conditions to the Effectiveness of Agreement

  • Conditions to Effectiveness of Increase As a condition precedent to such increase, the Borrower shall deliver to the Administrative Agent a certificate of each Loan Party dated as of the Increase Effective Date (in sufficient copies for each Lender) signed by a Responsible Officer of such Loan Party (i) certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such increase, and (ii) in the case of the Borrower, certifying that, before and after giving effect to such increase, (A) the representations and warranties contained in Article V and the other Loan Documents are true and correct on and as of the Increase Effective Date, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and except that for purposes of this Section 2.15, the representations and warranties contained in subsection (a) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to subsection (a) of Section 6.01, and (B) no Default exists. The Borrower shall prepay any Revolving Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Revolving Loans ratable with any revised Applicable Percentages arising from any nonratable increase in the Commitments under this Section.

  • Conditions to Effectiveness of Extension Notwithstanding the foregoing, (x) no more than two (2) extensions of the Maturity Date shall be permitted hereunder and (y) any extension of any Maturity Date pursuant to this Section 2.21 shall not be effective with respect to any Extending Lender unless:

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