Binding Effect; Continuing Agreement. (a) This Agreement shall become effective at such time when all of the conditions set forth in Section 3.1 have been satisfied or waived by the Lenders and it shall have been executed by the Borrower, the Agent, and each Lender, and thereafter this Agreement shall be binding upon and inure to the benefit of the Borrower, the Agent and each Lender and their respective successors and assigns.
Appears in 9 contracts
Samples: Revolving Credit Agreement (Nordstrom Inc), Revolving Credit Agreement (Nordstrom Inc), Revolving Credit Agreement (Nordstrom Inc)
Binding Effect; Continuing Agreement. (aA) This Agreement shall become effective at such time when as all of the conditions set forth in Section 3.1 3.01 have been satisfied or waived by the Lenders Lender and it shall have been executed by the Borrower, Company and the Agent, and each Lender, and thereafter this Agreement shall be binding upon and inure to the benefit of the Borrower, Company and the Agent and each Lender and their respective successors and assigns.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Artesian Resources Corp), Revolving Credit Agreement (Artesian Resources Corp)
Binding Effect; Continuing Agreement. (a) This Agreement shall become effective at such time when all of the conditions set forth in Section 3.1 4.01 have been satisfied or waived by the Required Lenders and it shall have been executed by the BorrowerBorrowers, the Agent, Guarantors and each Lenderthe Lenders, and thereafter this Agreement shall be binding upon and inure to the benefit of the BorrowerBorrowers, the Agent Guarantors, and each Lender and their respective successors and assigns.
Appears in 2 contracts
Samples: Credit Agreement (Davel Communications Inc), Credit Agreement (Phonetel Technologies Inc)
Binding Effect; Continuing Agreement. (a) This Agreement shall become effective at such time when all of the conditions set forth in Section 3.1 have been satisfied or waived by the Lenders and it shall have been executed by the Borrower, the Agent, and each Lender, and thereafter this Agreement shall be binding upon and inure to the benefit of the Borrowereach Loan Party, the Agent and each Lender and their respective successors and assigns.
Appears in 1 contract
Binding Effect; Continuing Agreement. (a) This Agreement shall become effective at such time when as all of the conditions set forth in Section 3.1 4.1 have been satisfied or waived by the Lenders and it shall have been executed by the Borrower, the Agent, Administrative Agent and each Lenderthe Lenders, and thereafter this Agreement shall be binding upon and inure to the benefit of the Borrower, the Administrative Agent and each Lender and their respective successors and assigns.
Appears in 1 contract
