Common use of Effectiveness of Amendment and Restatement Clause in Contracts

Effectiveness of Amendment and Restatement. The amendment and restatement of this Agreement set forth herein shall become effective as of the date hereof upon (a) receipt by the Administrative Agent of counterparts of this Agreement (whether by facsimile or otherwise) executed by each of the other parties hereto and by Noteholders representing the Required Class B Owners and Required Class B Purchasers, (b) receipt by the Administrative Agent (for the account of each Class B Purchaser) of the extension and amendment fees due to each Class B Purchaser under their respective fee letter agreements, each dated as of the date hereof, among such Class B Purchaser, the Issuer and the Administrative Agent and (c) satisfaction of the Rating Agency Condition.

Appears in 2 contracts

Samples: Class B Note Purchase Agreement (Americredit Corp), Class B Note Purchase Agreement (Americredit Corp)

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Effectiveness of Amendment and Restatement. The amendment and restatement of this Agreement set forth herein shall become effective as of the date hereof upon (a) receipt by the Administrative Agent of counterparts of this Agreement (whether by facsimile or otherwise) executed by each of the other parties hereto and by Noteholders representing the Required Class B C Owners and Required Class B C Purchasers, (b) receipt by the Administrative Agent (for the account of each Class B C Purchaser) of the extension and amendment fees due to each Class B C Purchaser under their respective fee letter agreements, each dated as of the date hereof, among such Class B C Purchaser, the Issuer and the Administrative Agent and (c) satisfaction of the Rating Agency Condition.

Appears in 1 contract

Samples: Class C Note Purchase Agreement (Americredit Corp)

Effectiveness of Amendment and Restatement. The amendment and restatement of this Agreement set forth herein shall become effective as of the date hereof upon (a) receipt by the Administrative Agent of counterparts of this Agreement (whether by facsimile or otherwise) executed by each of the other parties hereto and by Noteholders representing the Required Class B S Owners and Required Class B S Purchasers, (b) receipt by the Administrative Agent (for the account of each Class B S Purchaser) of the extension and amendment fees due to each Class B S Purchaser under their respective fee letter agreements, each dated as of the date hereof, among such Class B S Purchaser, the Issuer and the Administrative Agent and (c) satisfaction of the Rating Agency Condition.

Appears in 1 contract

Samples: Class S Note Purchase Agreement (Americredit Corp)

Effectiveness of Amendment and Restatement. The amendment and restatement of this Agreement set forth herein shall become effective as of the date hereof upon (a) receipt by the Administrative Agent of counterparts of this Agreement (whether by facsimile or otherwise) executed by each of the other parties hereto and by Noteholders representing the Required Class B A-2 Owners and Required Class B A-2 Purchasers, (b) receipt by the Administrative Agent (for the account of each Class B A-2 Purchaser) of the extension and amendment fees due to each Class B A-2 Purchaser under their respective fee letter agreements, each dated as of the date hereof, among such Class B A-2 Purchaser, the Issuer and the Administrative Agent and (c) satisfaction of the Rating Agency Condition.

Appears in 1 contract

Samples: Class a 2 Note Purchase Agreement (Americredit Corp)

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Effectiveness of Amendment and Restatement. The amendment and restatement of this Agreement set forth herein shall become effective as of the date hereof upon (a) receipt by the Administrative Agent of counterparts of this Agreement (whether by facsimile or otherwise) executed by each of the other parties hereto and by Noteholders representing the Required Class B A-1 Owners and Required Class B A-1 Purchasers, (b) receipt by the Administrative Agent (for the account of each Class B A-1 Purchaser) of the extension and amendment fees due to each Class B A-1 Purchaser under their respective fee letter agreements, each dated as of the date hereof, among such Class B A-1 Purchaser, the Issuer and the Administrative Agent and (c) satisfaction of the Rating Agency Condition.

Appears in 1 contract

Samples: Class a 1 Note Purchase Agreement (Americredit Corp)

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