Term and Suspensive Condition. This Agreement becomes effective on the date of its execution, provided that the guarantee in relation to the 2nd Secured Obligation and the 3rd Secured Obligation has its effectiveness suspended, in accordance with articles 121 and 125 et seq. of the Civil Code, subject to the implementation of the Suspensive Conditions, as the case may be, becoming fully effective and enforceable automatically, regardless of any amendment or notification.
Appears in 2 contracts
Samples: Assignment Agreement and Other Covenants, Fiduciary Sale Agreement and Other Covenants
Term and Suspensive Condition. This Agreement becomes effective on the date of its execution, provided that the guarantee in relation to the 2nd Secured Obligation, 3rd Secured Obligation and the 3rd 4th Secured Obligation has its effectiveness suspended, in accordance with articles 121 and 125 et seq. of the Civil Code, subject to the implementation of the Suspensive Conditions, as the case may be, becoming fully effective and enforceable automatically, regardless of any amendment or notification.
Appears in 2 contracts
Samples: Shares Fiduciary Sale Agreement, Shares Fiduciary Sale Agreement
Term and Suspensive Condition. This Agreement becomes effective on the date of its execution, provided that the guarantee in relation to the 2nd Secured Obligation, the 3rd Secured Obligation and the 3rd 4th Secured Obligation has its effectiveness suspended, in accordance with articles 121 and 125 et seq. of the Civil Code, subject to the implementation of the Suspensive Conditions, as the case may be, becoming fully effective and enforceable automatically, regardless of any amendment or notification.
Appears in 1 contract
