Operativeness of Amendments Sample Clauses

Operativeness of Amendments. This Supplemental Indenture will become effective immediately upon its execution and delivery by the parties hereto but the Amendments set forth in Article II of this Supplemental Indenture will not become operative unless and until the Consent Fee (as defined in the Consent Solicitation Statement) with respect to the Notes is paid in accordance with the terms and conditions of the Consent Solicitation Statement.
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Operativeness of Amendments. Notwithstanding Section 3.1 of this Supplemental Indenture, the Proposed Amendments set forth in Section 2.1 of this Supplemental Indenture shall become operative when, and only when, the Existing Notes with respect to which the Requisite Consents (as defined in the Offer to Purchase) have been delivered are paid for on the applicable Payment Date (as defined in the Offer to Purchase).
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Operativeness of Amendments. Notwithstanding Section 3.1 of this Fourth Supplemental Indenture, the Proposed Amendments set forth in Article II of this Fourth Supplemental Indenture shall become operative when, and only when, all of the following shall have been satisfied: RAI shall have accepted the Notes validly tendered and not validly withdrawn in the exchange offer described in the Offer to Exchange.
Sample 1
Operativeness of Amendments. Notwithstanding Section 3.1 of this Fourth Supplemental Indenture, the Proposed Amendments set forth in Article II of this Fourth Supplemental Indenture shall become operative when, and only when, all of the following conditions shall have been satisfied: (a) the Company shall have accepted the Notes validly tendered and not validly withdrawn in connection with the Tender Offer; and (b) the Financing Condition (as defined in the Offer to Purchase) shall have been satisfied.
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Operativeness of Amendments. Notwithstanding Section 4.01 hereof, the amendments to the Indenture, the release of Note Guarantees and the release of Collateral set forth in this First Supplemental Indenture shall become operative on the earliest date (the "Operative Date") when all of the following additional conditions shall have been satisfied: (a) the Issuers shall have accepted the Notes validly tendered in connection with the written consents referred to in Section 4.01(a) as of the Consent Date (as defined in the Solicitation Statement); and (b) the Financing Condition (as defined in the Solicitation Statement) shall have been satisfied.
Sample 1
Operativeness of Amendments. The amendments set forth in Section 2 hereof shall not become operative (the date of operativeness, the “Operative Date”) until the Issuers shall have provided written confirmation to the Trustee that (a) Holders validly tendering consents pursuant to the Consent Solicitation Statement shall have received the Consent Payment (as defined in the Consent Solicitation Statement) and (b) not less than $150.0 million of the outstanding aggregate principal amount of the Notes shall have been exchanged for a like principal amount of new Senior PIK Toggle Notes due 2018, whose terms are substantially similar to those of the Notes, except that their interest shall be payable entirely in kind for the two interest periods ending September 30, 2014 and March 30, 2015.
Sample 1
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Related to Operativeness of Amendments

  • Conditions to Effectiveness of Extensions As a condition precedent to such extension, the Company shall deliver to the Administrative Agent (i) a certificate of each Borrower dated as of the Effective Date signed by a Responsible Officer of such Borrower (x) certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such extension and (y) in the case of the Company, certifying that, before and after giving effect to such extension, (A) the representations and warranties contained in Article V and the other Loan Documents are true and correct in all material respects (provided, that such materiality qualifier shall not be applicable to any representation or warranty that already is qualified or modified by materiality in the text thereof) on and as of the 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 in all material respects (provided, that such materiality qualifier shall not be applicable to any representation or warranty that already is qualified or modified by materiality in the text thereof) as of such earlier date, and except that for purposes of this Section 2.19, the representations and warranties contained in subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to subsections (a) and (b), respectively, of Section 6.01, and (B) no Default exists and (ii)(x) upon the reasonable request of any Revolving Credit Lender made at least 3 days prior to the Effective Date, the Company shall have provided to such Lender, and such Lender shall be reasonably satisfied with, the documentation and other information so requested in connection with applicable “know your customer” and anti-money-laundering rules and regulations, including, without limitation, the Act, in each case at least 2 days prior to the Effective Date and (y) at least 2 days prior to the Effective Date, any Loan Party that qualifies as a “legal entity customer” under the Beneficial Ownership Regulation shall have delivered, to each Revolving Credit Lender that so requests, a Beneficial Ownership Certification in relation to such Loan Party. In addition, on the Maturity Date of each Non-Extending Lender, the Borrowers shall prepay any Revolving Credit Loans outstanding on such date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep outstanding Revolving Credit Loans ratable with any revised Applicable Percentages of the respective Lenders effective as of such date.

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