Common use of Effectiveness Conditions Clause in Contracts

Effectiveness Conditions. This Amendment shall become effective upon the satisfaction of the following conditions: (a) Delivery to Agent of this Amendment executed by Borrower and each Subsidiary Guarantor; and (b) Payment to Agent of all of Agent’s Expenses.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Alesco Financial Inc)

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Effectiveness Conditions. This Amendment shall become be effective as of the Effective Date upon the satisfaction of the following conditions: conditions precedent: (a) Delivery to the execution and delivery by the Seller, each Buyer and the Agent of this Amendment executed by Borrower and each Subsidiary Guarantorto the Agent; and (b) Payment to Agent of all of Agent’s Expenses.

Appears in 1 contract

Samples: Omnibus Amendment (Pultegroup Inc/Mi/)

Effectiveness Conditions. This Amendment shall become effective upon the satisfaction of the following conditions: (a) Delivery Borrower shall have delivered or caused to be delivered to Agent of the following: (i) this Amendment Amendment, executed by Borrower and each Subsidiary Guarantor; and, including Xxxxx Securities Funding, as applicable; (b) Payment payment to Agent of all of Agent’s Expenses. (c) payment to Agent of a nonrefundable $25,000 amendment fee, which fee is fully earned on the date of this Amendment. (d) such other items as Agent may reasonably require.

Appears in 1 contract

Samples: Loan and Security Agreement (COHEN & Co INC.)

Effectiveness Conditions. This Amendment shall become effective upon the satisfaction of the following conditions: (a) Delivery to Agent a. Execution and delivery of this Amendment executed by the parties hereto; b. Payment by Borrower and each Subsidiary Guarantor; and (b) Payment to Agent of all of Agent’s Expenses; c. Payment by Borrower to Agent, for the benefit of Lenders, of a non-refundable waiver fee in the amount of Ten Thousand Dollars ($10,000); and d. Such other items as Agent may reasonably require.

Appears in 1 contract

Samples: Loan and Security Agreement (Resource America Inc)

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Effectiveness Conditions. This Amendment shall become effective upon the satisfaction of the following conditions: (a) Delivery to Agent Execution and delivery of this Amendment executed by Borrower and each Subsidiary Guarantorthe parties hereto; and (b) Payment to Agent by Borrower of all of Agent’s Expenses.

Appears in 1 contract

Samples: Loan and Security Agreement (Resource America, Inc.)

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