Common use of Preconditions to Effectiveness Clause in Contracts

Preconditions to Effectiveness. This Fourth Amendment shall not take effect unless and until each and all of the following items has been satisfied or delivered, as the case may be, and in all events, to the satisfaction of the Agents, in their sole and exclusive discretion. The willingness of the Agents and the Lenders to enter into this Fourth Amendment is expressly conditioned upon the receipt by the Administrative Agent of the following items:

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement (American Apparel, Inc), Credit Agreement (American Apparel, Inc)

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Preconditions to Effectiveness. This Fourth Fifth Amendment shall not take effect unless and until each and all of the following items has been satisfied or delivered, as the case may be, and in all events, to the satisfaction of the Agents, in their sole and exclusive discretiondiscretion exercised in good faith. The willingness of the Agents and the Lenders to enter into this Fourth Fifth Amendment is expressly conditioned upon the receipt by the Administrative Agent of the following items:

Appears in 3 contracts

Samples: Credit Agreement (American Apparel, Inc), Credit Agreement (American Apparel, Inc), Credit Agreement (American Apparel, Inc)

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Preconditions to Effectiveness. This Fourth Third Amendment shall not take effect unless and until each and all of the following items has been satisfied or delivered, as the case may be, and in all events, to the satisfaction of the Agents, in their sole and exclusive discretion. The willingness of the Agents and the Lenders to enter into this Fourth Third Amendment is expressly conditioned upon the receipt by the Administrative Agent of the following items:

Appears in 2 contracts

Samples: Credit Agreement (American Apparel, Inc), Credit Agreement (American Apparel, Inc)

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