Original Effective Date Sample Clauses
The "Original Effective Date" clause defines the specific date on which an agreement or contract first becomes legally binding and enforceable between the parties. This date is typically referenced throughout the contract to determine the start of obligations, deadlines, or the calculation of time periods, such as renewal or termination windows. By clearly establishing when the contract takes effect, this clause ensures clarity and prevents disputes regarding the commencement of rights and responsibilities under the agreement.
POPULAR SAMPLE Copied 1 times
Original Effective Date. The effectiveness of this Agreement and of the obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which the Administrative Agent shall have received each of the following documents, each of which shall be satisfactory to the Administrative Agent (and to the extent specified below, to each Lender) in form and substance (or such condition shall have been waived in accordance with Section 9.02):
Original Effective Date. The Original Effective Date is the date as of which the Plan was initially adopted.
Original Effective Date. The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit under this Agreement shall not becomebecame effective untilas of the date on which each of the following conditions iswas satisfied (or waived in accordance with Section 9.02):
(a) The Administrative Agent or its counsel shall have received from each party hereto either (i) a counterpart of this Agreement signed on behalf of such party or (ii) written evidence reasonably satisfactory to the Administrative Agent (which may include facsimile or other electronic transmission of a signed signature page of this Agreement) that such party has signed a counterpart of this Agreement.
(b) The Administrative Agent shall have received such documents and certificates as the Administrative Agent may reasonably request relating to the organization, existence and good standing of each Loan Party, the authorization of the Transactions by each Loan Party and any other legal matters relating to the Loan Parties and this Agreement and the other Loan Documents, all in form and substance reasonably satisfactory to the Administrative Agent.
(c) The Administrative Agent shall have received a certificate, dated the Original Effective Date and signed by a Financial Officer of Parent, confirming that (i) the representations and warranties of the Loan Parties set forth in the Loan Documents are true and correct in all material respects on and as of the Original Effective Date (assuming, for this purpose, that the representation and warranty set forth in Section 3.04(b) excludes any event, condition or circumstance that is disclosed in (A) Parent’s unaudited quarterly financial statements for the fiscal quarter ended March 31, 2015 filed on Form 10-Q with the SEC or (B) any publicly available press releases of Parent or publicly available filings by Parent with the SEC released or filed prior to the date hereof, in each case excluding any such disclosure under the caption “Risk Factors” and any other disclosure that is cautionary, predictive or forward-looking in nature) and (ii) no Default shall have occurred and be continuing on the Original Effective Date, in each case after giving effect to the Transactions to occur on the Original Effective Date.
(d) Each Lender shall have received all documentation and other information required to be obtained by such Lender under applicable “know your customer” and anti-money laundering rules and regulations, including the USA Patriot Act to the ex...
Original Effective Date. The date the Plan was originally effective.
Original Effective Date. The obligations of the Lenders to make Loans under the Existing Credit Agreement became effective on the date on which each of the conditions set forth in this Section 4.01 was satisfied (or waived in accordance with Section 9.02). All capitalized terms used in this Section 4.01, and all section references used in this Section 4.01, shall have the meanings assigned to such terms in, and refer to sections of, the Existing Credit Agreement.
(a) The Administrative Agent (or its counsel) shall have received either (i) a counterpart of the Existing Credit Agreement signed on behalf of the Borrower and the Lenders or (ii) written evidence satisfactory to the Administrative Agent (which may include facsimile or other electronic transmission of a signed counterpart of the Existing Credit Agreement) that the Borrower and the Lenders have signed a counterpart of the Existing Credit Agreement.
(b) The Administrative Agent shall have received a written opinion (addressed to the Administrative Agent and the Lenders and dated the Effective Date) of (i) Wachtell, Lipton, ▇▇▇▇▇ & ▇▇▇▇, New York counsel for the Loan Parties, (ii) ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ & ▇▇▇▇▇▇▇, P.A., Delaware counsel to the Loan Parties, (iii) ▇▇▇▇▇▇▇▇ Chance LLP, German counsel to the Loan Parties, (iv) ▇▇▇▇▇▇▇▇ Chance LLP, French counsel to the Loan Parties, (v) ▇▇▇▇▇▇ ▇▇▇▇ Ltd., Swiss counsel to the Loan Parties, (vi) Stibbe, Netherlands counsel to the Loan Parties, (vii) ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇, LLP, German counsel to the Administrative Agent, (viii) ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP, French counsel to the Administrative Agent, (ix) ▇▇▇▇▇▇▇▇▇ ▇▇, Swiss counsel to the Administrative Agent and (x) ▇▇▇▇▇ Dutilh, Netherlands counsel to the Administrative Agent. Each such opinion shall be in form and substance reasonably satisfactory to the Administrative Agent. The Borrower and the Administrative Agent hereby request such counsel to deliver such opinions.
(c) The Administrative Agent shall have received a certificate of each Loan Party, dated the Effective Date, substantially in the form of Exhibit I or such other form acceptable to the Administrative Agent with appropriate insertions, executed by any Responsible Officer of such Loan Party, and including or attaching the documents referred to in paragraph (d) of this Section.
(d) The Administrative Agent shall have received a copy of (i) each Organizational Document of each Loan Party certified, to the extent applicable, as of a recent date by the applicable Governmental Authority...
Original Effective Date. “Original Effective Date” has the meaning set forth in the preamble to this Agreement.
Original Effective Date. The parties to this agreement acknowledge that the Original Effective Date occurred on January 31, 2008.
Original Effective Date. The obligations of the Lenders to make Loans, and the obligation of each Issuing Bank to issue Letters of Credit, on the Original Effective Date were subject to the satisfaction of the conditions set forth in Section 4.01 of the Original Credit Agreement.
Original Effective Date. December 8, 1970
Original Effective Date. The obligations of the Lenders to make Loans and of the LC Issuer to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):
(a) The Administrative Agent (or its counsel) shall have received from each party hereto either (i) a counterpart of this Agreement signed on behalf of such party or (ii) written evidence satisfactory to the Administrative Agent (which may include telecopy transmission of a signed signature page of this Agreement) that such party has signed a counterpart of this Agreement.
(b) The Administrative Agent shall have received a favorable written opinion of R▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Esq., dated the Original Effective Date and addressed to the Lenders, to the effect set forth in Exhibit C hereto.
(c) The Administrative Agent shall have received such documents and certificates as the Administrative Agent or its counsel may reasonably request relating to the organization, existence and good standing of the Borrowers and the authorization of the Transactions, all in form and substance satisfactory to the Administrative Agent and its counsel.
(d) All loans and other amounts outstanding or accrued for the accounts of the lenders under each of the Existing Credit Agreements (whether or not due at the time) shall have been paid in full and the commitments under each of the Existing Credit Agreements shall have been terminated.
(e) The Administrative Agent and the Lenders shall have received all fees due and payable on or prior to the Original Effective Date required to be paid by the Borrowers in connection with this Agreement, as set forth in the fee letter entered into in connection with the credit facilities established hereby.