Common use of Conditions Precedent to Initial Effectiveness Clause in Contracts

Conditions Precedent to Initial Effectiveness. This Agreement shall become effective on the date (the “Initial Closing Date”) on which each of the following conditions have been satisfied (or waived in accordance with Section 12.1):

Appears in 2 contracts

Sources: Term Loan Agreement (Chesapeake Energy Corp), Term Loan Agreement (Chesapeake Energy Corp)