Common use of Conditions to the Effectiveness of this Agreement Clause in Contracts

Conditions to the Effectiveness of this Agreement. The effective date of this Agreement shall be (a) the date that each of the following conditions set forth in this Section 3.1 have been satisfied or waived, as determined by Bank, or (b) such alternative date to which Bank and Borrower may mutually agree, in each case as evidenced by Bank’s system of record. Notwithstanding the occurrence of the effective date of this Agreement, Bank shall not be obligated to extend credit under this Agreement or any other Loan Document until all conditions to each extension of credit set forth in Section 3.2 have been fulfilled to Bank's satisfaction.

Appears in 10 contracts

Samples: Credit Agreement (Rocky Mountain Chocolate Factory, Inc.), Credit Agreement (Medalist Diversified REIT, Inc.), Credit Agreement (Adtran Inc)

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Conditions to the Effectiveness of this Agreement. The effective date of this Agreement shall be (a) the date that each of the following conditions set forth in this Section 3.1 have been satisfied or waived, as determined by Bank, or (b) such alternative date to which Bank and Borrower may mutually agree, in each case as evidenced by Bank’s system of record. Notwithstanding the occurrence of the effective date of this Agreement, Bank shall not be obligated to extend credit under this Agreement or any other Loan Document until all conditions to each extension of credit set forth in Section 3.2 have been fulfilled to Bank's ’s satisfaction.

Appears in 4 contracts

Samples: Credit Agreement (Marcus & Millichap, Inc.), Credit Agreement (All Market Inc.), Credit Agreement (All Market Inc.)

Conditions to the Effectiveness of this Agreement. The effective date of this Agreement shall be (a) the date that each of the following conditions set forth in this Section 3.1 have been satisfied or waived, as reasonably determined by Bank, or (b) such alternative date to which Bank and Borrower may mutually agree, in each case as evidenced by Bank’s system of record. Notwithstanding the occurrence of the effective date of this Agreement, Bank shall not be obligated to extend credit under this Agreement or any other Loan Document until all conditions to each extension of credit set forth in Section 3.2 have been fulfilled to Bank's ’s satisfaction.

Appears in 2 contracts

Samples: Credit Agreement (Werner Enterprises Inc), Credit Agreement (Werner Enterprises Inc)

Conditions to the Effectiveness of this Agreement. The effective date of this Agreement shall be (a) the date that each of the following conditions set forth in this Section 3.1 have been satisfied or waived, as determined by Bank, or (b) such alternative date to which Bank and Borrower may mutually agree, in each case as evidenced by Bank’s 's system of record. Notwithstanding the occurrence of the effective date of this Agreement, Bank shall not be obligated to extend credit under this Agreement or any other Loan Document until all conditions to each extension of credit set forth in Section 3.2 have been fulfilled to Bank's satisfaction.

Appears in 1 contract

Samples: Credit Agreement (Simulations Plus Inc)

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Conditions to the Effectiveness of this Agreement. The effective date of this Agreement shall be (a) the date that each of the following conditions set forth in this Section 3.1 4.1 have been satisfied or waived, as determined by Bank, or (b) such alternative date to which Bank and Borrower may mutually agree, in each case as evidenced by Bank’s system of record. Notwithstanding the occurrence of the effective date of this Agreement, Bank shall not be obligated to extend credit under this Agreement or any other Loan Document until all conditions to each extension of credit set forth in Section 3.2 4.2 have been fulfilled to Bank's ’s satisfaction.

Appears in 1 contract

Samples: Credit Agreement (Liquidity Services Inc)

Conditions to the Effectiveness of this Agreement. The effective date of this Agreement shall be (a) the date that each of the following conditions set forth in this Section 3.1 have been satisfied or waived, as determined by Bank, or (b) such alternative date to which Bank and Borrower may mutually agree, in each case as evidenced by Bank’s system of record. Notwithstanding the occurrence of the effective date of this Agreement, Bank shall not be obligated to extend credit under this Agreement or any other Loan Document until all conditions to each extension of credit set forth in Section 3.2 have been fulfilled to Bank's satisfaction.

Appears in 1 contract

Samples: Credit Agreement (Vita Coco Company, Inc.)

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