CONDITIONS TO EFFECTIVENESS AND CLOSING Sample Clauses

CONDITIONS TO EFFECTIVENESS AND CLOSING. The obligations of each Purchaser to enter into this Agreement and (other than with respect to the Series B Purchasers) to amend and restate the Original Agreement and the Original Series A Notes, and the obligations of each Series B Purchaser to purchase and pay for the Series B Notes to be sold to such Series B Purchaser at the Closing, are subject to the satisfaction, on or before the date of the Closing, of the following conditions, pursuant to documentation in form and substance satisfactory to the Purchasers (such date, the “Closing Date”):
AutoNDA by SimpleDocs
CONDITIONS TO EFFECTIVENESS AND CLOSING. The obligations of each Purchaser to enter into this Agreement and to purchase and pay for the Notes to be sold to such Purchaser at the Closing for such Notes are subject to the satisfaction, on or before the date of each Closing of the following conditions, pursuant to documentation in form and substance satisfactory to such Purchasers:
CONDITIONS TO EFFECTIVENESS AND CLOSING. The obligations of each Purchaser to enter into this Agreement and (other than with respect to the Series C Purchasers) to amend and restate the Existing Agreement, and the obligations of each Series C Purchaser to purchase and pay for the Series C Notes to be sold to such Series C Purchaser at the Closing, are subject to the satisfaction, on or before the date of the Closing, of the following conditions, pursuant to documentation in form and substance satisfactory to the Purchasers (such date, the “Closing Date”):

Related to CONDITIONS TO EFFECTIVENESS AND CLOSING

  • CONDITIONS TO EFFECTIVENESS AND LENDING SECTION 3.01.

  • Conditions to Effectiveness This Amendment shall become effective as of the date hereof and upon the satisfaction of the following conditions precedent:

  • Conditions to Effectiveness of Agreement This Agreement shall become effective on the date (the "Effective Date") each of the following conditions precedent is satisfied:

  • Conditions to Effectiveness of Extensions Notwithstanding the foregoing, the extension of the Maturity Date pursuant to this Section shall not be effective with respect to any Lender unless:

  • Conditions to Effectiveness of Amendment This Amendment shall become effective as of the date hereof, upon the satisfaction of the conditions precedent that:

  • Conditions to Effectiveness of Increase As a condition precedent to such increase, the Company shall deliver to the Administrative Agent a certificate of each Loan Party dated as of the Increase Effective Date (in sufficient copies for each Lender) signed by a Responsible Officer of such Loan Party (i) certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such increase, and (ii) in the case of the Company, certifying that, before and after giving effect to such increase, (A) the representations and warranties contained in Article V and the other Loan Documents are true and correct on and as of the Increase Effective Date, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and except that for purposes of this Section 2.14, the representations and warranties contained in subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01, (B) no Default exists and (C) no Floorplan Default exists. The Company shall prepay any Committed Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Committed Loans ratable with any revised Applicable Percentages arising from any nonratable increase in the Commitments under this Section.

  • Conditions to Effective Date It shall be a condition to the Effective Date that each of the following conditions shall have been satisfied or waived as of such date, and upon such satisfaction or waiver, this Agreement shall be effective:

  • Conditions Precedent to Effectiveness of Amendment This Amendment shall become effective (the “Amendment Effective Date”) upon satisfaction of each of the following conditions:

  • Conditions Precedent to Effectiveness of Agreement Each of the following is a condition precedent to the effectiveness of this Agreement:

  • Conditions Precedent to Effectiveness of this Amendment This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent:

Time is Money Join Law Insider Premium to draft better contracts faster.