Common use of Documents in Full Force and Effect Clause in Contracts

Documents in Full Force and Effect. Each of this Participation Agreement and each of the Operative Documents delivered on the Documentation Date shall be in form and substance reasonably satisfactory to the Agent, the Lessee, the Participants and the Owner Trustee, shall be in full force and effect on the Documentation Date, and an executed counterpart of each thereof shall have been delivered to each such party.

Appears in 2 contracts

Sources: Participation Agreement (Marchfirst Inc), Participation Agreement (Cal Dive International Inc)

Documents in Full Force and Effect. Each of this Participation Agreement and each of the Operative Documents delivered on the Documentation Date shall be in form and substance reasonably satisfactory to the Agent, the Lessee, the Participants and the Owner TrusteeLessor, shall be in full force and effect on the Documentation Date, and an executed counterpart of each thereof shall have been delivered to each such party.

Appears in 1 contract

Sources: Participation Agreement (Perot Systems Corp)