{"component": "clause", "props": {"groups": [{"samples": [{"hash": "kPxKM2rsxkp", "uri": "/contracts/kPxKM2rsxkp#effect-effective-date", "label": "Credit Agreement (Roadway Express Inc)", "score": 18.0, "published": true}, {"hash": "eOJdiAsSsEO", "uri": "/contracts/eOJdiAsSsEO#effect-effective-date", "label": "Credit Agreement (Coachmen Industries Inc)", "score": 18.0, "published": true}, {"hash": "btBWI0quF9u", "uri": "/contracts/btBWI0quF9u#effect-effective-date", "label": "Credit Agreement (Tc Pipelines Lp)", "score": 18.0, "published": true}], "size": 314, "snippet_links": [{"key": "delivery-to-the", "type": "clause", "offset": [9, 24]}, {"key": "an-assignment", "type": "clause", "offset": [34, 47]}, {"key": "required-by", "type": "definition", "offset": [76, 87]}, {"key": "section-1231", "type": "clause", "offset": [88, 102]}, {"key": "payment-of", "type": "definition", "offset": [113, 123]}, {"key": "by-the-agent", "type": "clause", "offset": [208, 220]}, {"key": "effective-on-the-effective-date", "type": "clause", "offset": [252, 283]}, {"key": "the-assignment", "type": "definition", "offset": [314, 328]}, {"key": "by-the-purchaser", "type": "clause", "offset": [360, 376]}, {"key": "the-consideration", "type": "clause", "offset": [404, 421]}, {"key": "the-commitment-and-loans", "type": "clause", "offset": [451, 475]}, {"key": "the-applicable", "type": "clause", "offset": [482, 496]}, {"key": "assignment-agreement", "type": "clause", "offset": [497, 517]}, {"key": "plan-assets", "type": "definition", "offset": [531, 542]}, {"key": "rights-and-interests", "type": "clause", "offset": [580, 600]}, {"key": "of-the-purchaser", "type": "clause", "offset": [601, 617]}, {"key": "the-loan-documents", "type": "clause", "offset": [631, 649]}, {"key": "date-of", "type": "clause", "offset": [716, 723]}, {"key": "such-purchaser", "type": "definition", "offset": [741, 755]}, {"key": "all-purposes", "type": "definition", "offset": [766, 778]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [791, 814]}, {"key": "other-loan", "type": "definition", "offset": [823, 833]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [852, 870]}, {"key": "the-lenders", "type": "clause", "offset": [871, 882]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [906, 931]}, {"key": "to-the-same-extent", "type": "definition", "offset": [967, 985]}, {"key": "party-hereto", "type": "definition", "offset": [1012, 1024]}, {"key": "by-the-borrower", "type": "clause", "offset": [1059, 1074]}, {"key": "the-agent-shall", "type": "clause", "offset": [1091, 1106]}, {"key": "the-transferor-lender", "type": "clause", "offset": [1130, 1151]}, {"key": "with-respect-to", "type": "clause", "offset": [1152, 1167]}, {"key": "the-percentage", "type": "definition", "offset": [1168, 1182]}, {"key": "aggregate-commitment", "type": "clause", "offset": [1190, 1210]}, {"key": "consummation-of", "type": "clause", "offset": [1258, 1273]}, {"key": "assignment-to", "type": "clause", "offset": [1278, 1291]}, {"key": "the-borrower-shall", "type": "clause", "offset": [1374, 1392]}, {"key": "new-notes", "type": "definition", "offset": [1520, 1529]}, {"key": "replacement-notes", "type": "definition", "offset": [1550, 1567]}, {"key": "issued-to", "type": "definition", "offset": [1572, 1581]}, {"key": "each-case", "type": "definition", "offset": [1691, 1700]}, {"key": "principal-amounts", "type": "clause", "offset": [1704, 1721]}, {"key": "as-adjusted", "type": "definition", "offset": [1763, 1774]}, {"key": "pursuant-to-such", "type": "clause", "offset": [1775, 1791]}], "snippet": "Upon (i) delivery to the Agent of an assignment, together with any consents required by Section 12.3.1, and (ii) payment of a $4,000 fee to the Agent for processing such assignment (unless such fee is waived by the Agent), such assignment shall become effective on the effective date specified in such assignment. The assignment shall contain a representation by the Purchaser to the effect that none of the consideration used to make the purchase of the Commitment and Loans under the applicable assignment agreement constitutes \"plan assets\" as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be \"plan assets\" under ERISA. On and after the effective date of such assignment, such Purchaser shall for all purposes be a Lender party to this Agreement and any other Loan Document executed by or on behalf of the Lenders and shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party hereto, and no further consent or action by the Borrower, the Lenders or the Agent shall be required to release the transferor Lender with respect to the percentage of the Aggregate Commitment and Loans assigned to such Purchaser. Upon the consummation of any assignment to a Purchaser pursuant to this Section 12.3.2, the transferor Lender, the Agent and the Borrower shall, if the transferor Lender or the Purchaser desires that its Loans be evidenced by Notes, make appropriate arrangements so that new Notes or, as appropriate, replacement Notes are issued to such transferor Lender and new Notes or, as appropriate, replacement Notes, are issued to such Purchaser, in each case in principal amounts reflecting their respective Commitments, as adjusted pursuant to such assignment.", "hash": "4a40ec0e4c944e96cbe0a24e6baa3982", "id": 2}, {"samples": [{"hash": "3O1ozJm8zE7", "uri": "/contracts/3O1ozJm8zE7#effect-effective-date", "label": "Credit Agreement (Global Industries LTD)", "score": 19.0, "published": true}, {"hash": "lWJwFaWDCKT", "uri": "/contracts/lWJwFaWDCKT#effect-effective-date", "label": "Credit Agreement (Global Industries LTD)", "score": 18.0, "published": true}, {"hash": "dwEc5QZcwti", "uri": "/contracts/dwEc5QZcwti#effect-effective-date", "label": "Credit Agreement (Global Industries LTD)", "score": 18.0, "published": true}], "size": 42, "snippet_links": [{"key": "the-administrative-agent", "type": "definition", "offset": [21, 45]}, {"key": "notice-of-assignment", "type": "definition", "offset": [51, 71]}, {"key": "exhibit-i", "type": "definition", "offset": [111, 120]}, {"key": "the-assignment-and-acceptance", "type": "clause", "offset": [124, 153]}, {"key": "required-by", "type": "definition", "offset": [209, 220]}, {"key": "payment-of", "type": "definition", "offset": [245, 255]}, {"key": "effective-on-the-effective-date", "type": "clause", "offset": [361, 392]}, {"key": "date-of", "type": "clause", "offset": [460, 467]}, {"key": "such-purchaser", "type": "definition", "offset": [489, 503]}, {"key": "all-purposes", "type": "definition", "offset": [514, 526]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [539, 562]}, {"key": "other-credit", "type": "definition", "offset": [571, 583]}, {"key": "by-the-lenders", "type": "clause", "offset": [602, 616]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [640, 665]}, {"key": "the-credit-documents", "type": "clause", "offset": [681, 701]}, {"key": "to-the-same-extent", "type": "definition", "offset": [703, 721]}, {"key": "party-hereto", "type": "definition", "offset": [748, 760]}, {"key": "the-transferor-lender", "type": "clause", "offset": [771, 792]}, {"key": "with-respect-to", "type": "clause", "offset": [811, 826]}, {"key": "the-percentage", "type": "definition", "offset": [827, 841]}, {"key": "commitments-and-advances", "type": "clause", "offset": [849, 873]}, {"key": "the-borrowers", "type": "definition", "offset": [942, 955]}, {"key": "consummation-of", "type": "clause", "offset": [1008, 1023]}, {"key": "assignment-to", "type": "clause", "offset": [1028, 1041]}, {"key": "replacement-notes", "type": "definition", "offset": [1199, 1216]}, {"key": "issued-to", "type": "definition", "offset": [1221, 1230]}, {"key": "new-notes", "type": "definition", "offset": [1258, 1267]}, {"key": "each-case", "type": "definition", "offset": [1340, 1349]}, {"key": "principal-amounts", "type": "clause", "offset": [1353, 1370]}, {"key": "as-adjusted", "type": "definition", "offset": [1401, 1412]}, {"key": "pursuant-to-such", "type": "clause", "offset": [1413, 1429]}], "snippet": "Upon\n(a) delivery to the Administrative Agent of a notice of assignment, substantially in the form attached as Exhibit I to the Assignment and Acceptance (a \"Notice of Assignment\"), together with any consents required by Section 9.03(a) and (b) payment of a $3,500.00 fee to the Administrative Agent for processing such assignment, such assignment shall become effective on the effective date specified in such Notice of Assignment. On and after the effective date of such assignment, (i) such Purchaser shall for all purposes be a Lender party to this Agreement and any other Credit Document executed by the Lenders and shall have all the rights and obligations of a Lender under the Credit Documents, to the same extent as if it were an original party hereto, and (ii) the transferor Lender shall be released with respect to the percentage of the Commitments and Advances assigned to such Purchaser without any further consent or action by the Borrowers, the Lenders, or the Administrative Agent. Upon the consummation of any assignment to a Purchaser pursuant to this Section 9.03(b), the transferor Lender, the Administrative Agent, and the Borrowers shall make appropriate arrangements so that replacement Notes are issued to such transferor Lender and new Notes or, as appropriate, replacement Notes, are issued to such Purchaser, in each case in principal amounts reflecting their Commitments, as adjusted pursuant to such assignment.", "hash": "c0fe89c8430f0015ca3c659b16a2b875", "id": 8}, {"samples": [{"hash": "1h0DnB2k2YA", "uri": "/contracts/1h0DnB2k2YA#effect-effective-date", "label": "Credit Agreement (Star Gas Partners Lp)", "score": 26.5742645264, "published": true}, {"hash": "dYVAdfy2UUL", "uri": "/contracts/dYVAdfy2UUL#effect-effective-date", "label": "Credit Agreement (Star Gas Partners Lp)", "score": 25.0958251953, "published": true}, {"hash": "9nlsaRAGeH6", "uri": "/contracts/9nlsaRAGeH6#effect-effective-date", "label": "Credit Agreement (USA Compression Partners, LP)", "score": 24.9589328766, "published": true}], "size": 374, "snippet_links": [{"key": "delivery-to-the", "type": "clause", "offset": [9, 24]}, {"key": "assignment-agreement", "type": "clause", "offset": [50, 70]}, {"key": "required-by", "type": "definition", "offset": [99, 110]}, {"key": "by-the-agent", "type": "clause", "offset": [245, 257]}, {"key": "effective-on-the-effective-date", "type": "clause", "offset": [299, 330]}, {"key": "the-assignment", "type": "definition", "offset": [384, 398]}, {"key": "by-the-purchaser", "type": "clause", "offset": [440, 456]}, {"key": "the-consideration", "type": "clause", "offset": [484, 501]}, {"key": "the-commitment", "type": "definition", "offset": [531, 545]}, {"key": "credit-exposure", "type": "definition", "offset": [550, 565]}, {"key": "the-applicable", "type": "clause", "offset": [572, 586]}, {"key": "plan-assets", "type": "definition", "offset": [621, 632]}, {"key": "rights-and-interests", "type": "clause", "offset": [670, 690]}, {"key": "of-the-purchaser", "type": "clause", "offset": [691, 707]}, {"key": "the-loan-documents", "type": "clause", "offset": [721, 739]}, {"key": "date-of", "type": "clause", "offset": [806, 813]}, {"key": "such-purchaser", "type": "definition", "offset": [841, 855]}, {"key": "all-purposes", "type": "definition", "offset": [866, 878]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [891, 914]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [952, 970]}, {"key": "the-lenders", "type": "clause", "offset": [971, 982]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [1006, 1031]}, {"key": "to-the-same-extent", "type": "definition", "offset": [1067, 1085]}, {"key": "original-party", "type": "definition", "offset": [1103, 1117]}, {"key": "the-transferor-lender", "type": "clause", "offset": [1131, 1152]}, {"key": "with-respect-to", "type": "clause", "offset": [1171, 1186]}, {"key": "by-the-borrower", "type": "clause", "offset": [1287, 1302]}, {"key": "an-assignment", "type": "clause", "offset": [1345, 1358]}, {"key": "agreement-covering", "type": "clause", "offset": [1359, 1377]}, {"key": "assigning-lender", "type": "definition", "offset": [1389, 1405]}, {"key": "rights-and-obligations-under-this-agreement", "type": "clause", "offset": [1408, 1451]}, {"key": "lender-hereunder", "type": "clause", "offset": [1485, 1501]}, {"key": "benefits-of", "type": "clause", "offset": [1543, 1554]}, {"key": "subject-to", "type": "definition", "offset": [1560, 1570]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [1597, 1635]}, {"key": "payment-of-the-obligations", "type": "clause", "offset": [1650, 1676]}, {"key": "termination-of-the", "type": "clause", "offset": [1681, 1699]}, {"key": "applicable-agreement", "type": "clause", "offset": [1700, 1720]}, {"key": "transfer-by-a-lender", "type": "clause", "offset": [1740, 1760]}, {"key": "rights-or-obligations", "type": "clause", "offset": [1764, 1785]}, {"key": "comply-with", "type": "clause", "offset": [1821, 1832]}, {"key": "section-123", "type": "clause", "offset": [1838, 1850]}, {"key": "for-purposes-of-this-agreement", "type": "clause", "offset": [1868, 1898]}, {"key": "such-rights", "type": "definition", "offset": [1946, 1957]}, {"key": "in-accordance-with", "type": "clause", "offset": [1974, 1992]}, {"key": "section-122", "type": "clause", "offset": [1993, 2005]}, {"key": "consummation-of", "type": "clause", "offset": [2016, 2031]}, {"key": "assignment-to", "type": "clause", "offset": [2036, 2049]}, {"key": "the-borrower-shall", "type": "clause", "offset": [2133, 2151]}, {"key": "new-notes", "type": "definition", "offset": [2279, 2288]}, {"key": "replacement-notes", "type": "definition", "offset": [2309, 2326]}, {"key": "issued-to", "type": "definition", "offset": [2331, 2340]}, {"key": "each-case", "type": "definition", "offset": [2450, 2459]}, {"key": "principal-amounts", "type": "clause", "offset": [2463, 2480]}, {"key": "as-adjusted", "type": "definition", "offset": [2522, 2533]}, {"key": "pursuant-to-such", "type": "clause", "offset": [2534, 2550]}], "snippet": "Upon (i) delivery to the Agent of a duly executed Assignment Agreement, together with any consents required by Sections 12.3(a) and 12.3(b), and (ii) payment of a $3,500 fee to the Agent for processing such assignment (unless such fee is waived by the Agent), such Assignment Agreement shall become effective on the effective date specified by the Agent in such Assignment Agreement. The Assignment Agreement shall contain a representation by the Purchaser to the effect that none of the consideration used to make the purchase of the Commitment and Credit Exposure under the applicable Assignment Agreement constitutes \u201cplan assets\u201d as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be \u201cplan assets\u201d under ERISA. On and after the effective date of such Assignment Agreement, such Purchaser shall for all purposes be a Lender party to this Agreement and any other Loan Document executed by or on behalf of the Lenders and shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party thereto, and the transferor Lender shall be released with respect to the Commitment and Credit Exposure assigned to such Purchaser without any further consent or action by the Borrower, the Lenders or the Agent. In the case of an Assignment Agreement covering all of the assigning Lender\u2019s rights and obligations under this Agreement, such Lender shall cease to be a Lender hereunder but shall continue to be entitled to the benefits of, and subject to, those provisions of this Agreement and the other Loan Documents which survive payment of the Obligations and termination of the applicable agreement. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 12.3 shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with Section 12.2. Upon the consummation of any assignment to a Purchaser pursuant to this Section 12.3(c), the transferor Lender, the Agent and the Borrower shall, if the transferor Lender or the Purchaser desires that its Loans be evidenced by Notes, make appropriate arrangements so that new Notes or, as appropriate, replacement Notes are issued to such transferor Lender and new Notes or, as appropriate, replacement Notes, are issued to such Purchaser, in each case in principal amounts reflecting their respective Commitments, as adjusted pursuant to such assignment.", "hash": "9c504cb49b7624fc4477c294aa6a16a3", "id": 1}, {"samples": [{"hash": "fXrXaT7CncQ", "uri": "/contracts/fXrXaT7CncQ#effect-effective-date", "label": "Secured Term Loan Agreement (Developers Diversified Realty Corp)", "score": 22.4948673248, "published": true}, {"hash": "4HDlicuIU0Q", "uri": "/contracts/4HDlicuIU0Q#effect-effective-date", "label": "Credit Agreement (Developers Diversified Realty Corp)", "score": 21.8021907806, "published": true}, {"hash": "kpkgiW3Oqtx", "uri": "/contracts/kpkgiW3Oqtx#effect-effective-date", "label": "Secured Term Loan Agreement (Developers Diversified Realty Corp)", "score": 21.0, "published": true}], "size": 183, "snippet_links": [{"key": "delivery-to-the", "type": "clause", "offset": [9, 24]}, {"key": "notice-of-assignment", "type": "definition", "offset": [51, 71]}, {"key": "to-exhibit-d", "type": "clause", "offset": [123, 135]}, {"key": "required-by", "type": "definition", "offset": [198, 209]}, {"key": "section-1231", "type": "clause", "offset": [210, 224]}, {"key": "payment-of", "type": "definition", "offset": [235, 245]}, {"key": "by-the-assignor", "type": "clause", "offset": [259, 274]}, {"key": "effective-on-the-effective-date", "type": "clause", "offset": [376, 407]}, {"key": "the-notice", "type": "clause", "offset": [448, 458]}, {"key": "by-the-purchaser", "type": "clause", "offset": [504, 520]}, {"key": "the-consideration", "type": "clause", "offset": [548, 565]}, {"key": "the-commitment-and-loans", "type": "clause", "offset": [595, 619]}, {"key": "the-applicable", "type": "clause", "offset": [626, 640]}, {"key": "assignment-agreement", "type": "clause", "offset": [641, 661]}, {"key": "plan-assets", "type": "definition", "offset": [667, 678]}, {"key": "rights-and-interests", "type": "clause", "offset": [716, 736]}, {"key": "of-the-purchaser", "type": "clause", "offset": [737, 753]}, {"key": "the-loan-documents", "type": "clause", "offset": [767, 785]}, {"key": "date-of", "type": "clause", "offset": [852, 859]}, {"key": "such-purchaser", "type": "definition", "offset": [877, 891]}, {"key": "all-purposes", "type": "definition", "offset": [902, 914]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [927, 950]}, {"key": "other-loan", "type": "definition", "offset": [959, 969]}, {"key": "by-the-lenders", "type": "clause", "offset": [988, 1002]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [1026, 1051]}, {"key": "to-the-same-extent", "type": "definition", "offset": [1087, 1105]}, {"key": "party-hereto", "type": "definition", "offset": [1132, 1144]}, {"key": "by-the-borrower", "type": "clause", "offset": [1179, 1194]}, {"key": "agent-shall", "type": "definition", "offset": [1230, 1241]}, {"key": "the-transferor-lender", "type": "clause", "offset": [1265, 1286]}, {"key": "with-respect-to", "type": "clause", "offset": [1388, 1403]}, {"key": "the-percentage", "type": "definition", "offset": [1404, 1418]}, {"key": "aggregate-commitment", "type": "clause", "offset": [1426, 1446]}, {"key": "consummation-of", "type": "clause", "offset": [1494, 1509]}, {"key": "assignment-to", "type": "clause", "offset": [1514, 1527]}, {"key": "the-borrower-shall", "type": "clause", "offset": [1625, 1643]}, {"key": "replacement-notes", "type": "definition", "offset": [1682, 1699]}, {"key": "issued-to", "type": "definition", "offset": [1704, 1713]}, {"key": "new-notes", "type": "definition", "offset": [1741, 1750]}, {"key": "each-case", "type": "definition", "offset": [1823, 1832]}, {"key": "principal-amounts", "type": "clause", "offset": [1836, 1853]}, {"key": "as-adjusted", "type": "definition", "offset": [1883, 1894]}, {"key": "pursuant-to-such", "type": "clause", "offset": [1895, 1911]}], "snippet": "Upon (i) delivery to the Administrative Agent of a notice of assignment, substantially in the form attached as Exhibit \u201cI\u201d to Exhibit D hereto (a \u201cNotice of Assignment\u201d), together with any consents required by Section 12.3.1, and (ii) payment of a $3,500 fee by the assignor or assignee to the Administrative Agent for processing such assignment, such assignment shall become effective on the effective date specified in such Notice of Assignment. The Notice of Assignment shall contain a representation by the Purchaser to the effect that none of the consideration used to make the purchase of the Commitment and Loans under the applicable assignment agreement are \u201cplan assets\u201d as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be \u201cplan assets\u201d under ERISA. On and after the effective date of such assignment, such Purchaser shall for all purposes be a Lender party to this Agreement and any other Loan Document executed by the Lenders and shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party hereto, and no further consent or action by the Borrower, the Lenders or the Administrative Agent shall be required to release the transferor Lender, and the transferor Lender shall automatically be released on the effective date of such assignment, with respect to the percentage of the Aggregate Commitment and Loans assigned to such Purchaser. Upon the consummation of any assignment to a Purchaser pursuant to this Section 12.3.2, the transferor Lender, the Administrative Agent and the Borrower shall make appropriate arrangements so that replacement Notes are issued to such transferor Lender and new Notes or, as appropriate, replacement Notes, are issued to such Purchaser, in each case in principal amounts reflecting their Commitment, as adjusted pursuant to such assignment.", "hash": "68d12e729dda24e15274372f7a83866c", "id": 3}, {"samples": [{"hash": "aZRJg9B6yLF", "uri": "/contracts/aZRJg9B6yLF#effect-effective-date", "label": "Loan and Security Agreement (Mynd.ai, Inc.)", "score": 35.234085083, "published": true}, {"hash": "9360okSKZxa", "uri": "/contracts/9360okSKZxa#effect-effective-date", "label": "Loan and Security Agreement (Adara Acquisition Corp.)", "score": 33.7939758301, "published": true}, {"hash": "e5phY2NPNZm", "uri": "/contracts/e5phY2NPNZm#effect-effective-date", "label": "Loan and Security Agreement (NewLake Capital Partners, Inc.)", "score": 33.6050643921, "published": true}], "size": 170, "snippet_links": [{"key": "delivery-to-agent", "type": "clause", "offset": [5, 22]}, {"key": "assignment-notice", "type": "definition", "offset": [29, 46]}, {"key": "form-of", "type": "definition", "offset": [54, 61]}, {"key": "exhibit-b", "type": "definition", "offset": [62, 71]}, {"key": "processing-fee", "type": "clause", "offset": [78, 92]}, {"key": "by-agent", "type": "clause", "offset": [128, 136]}, {"key": "in-its-discretion", "type": "clause", "offset": [137, 154]}, {"key": "the-assignment", "type": "definition", "offset": [157, 171]}, {"key": "become-effective", "type": "clause", "offset": [178, 194]}, {"key": "as-specified", "type": "clause", "offset": [195, 207]}, {"key": "the-notice", "type": "clause", "offset": [211, 221]}, {"key": "section-133", "type": "clause", "offset": [248, 260]}, {"key": "effective-date", "type": "definition", "offset": [272, 286]}, {"key": "eligible-assignee", "type": "clause", "offset": [292, 309]}, {"key": "all-purposes", "type": "definition", "offset": [320, 332]}, {"key": "a-lender", "type": "definition", "offset": [336, 344]}, {"key": "the-loan-documents", "type": "clause", "offset": [351, 369]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [390, 415]}, {"key": "consummation-of", "type": "clause", "offset": [442, 457]}, {"key": "the-transferor-lender", "type": "clause", "offset": [473, 494]}, {"key": "new-notes", "type": "definition", "offset": [587, 596]}, {"key": "if-applicable", "type": "definition", "offset": [598, 611]}, {"key": "transferee-lender", "type": "definition", "offset": [617, 634]}, {"key": "comply-with", "type": "clause", "offset": [641, 652]}, {"key": "upon-request", "type": "definition", "offset": [679, 691]}, {"key": "administrative-questionnaire", "type": "clause", "offset": [696, 724]}], "snippet": "Upon delivery to Agent of an assignment notice in the form of Exhibit B and a processing fee of $3,500 (unless otherwise agreed by Agent in its discretion), the assignment shall become effective as specified in the notice, if it complies with this Section 13.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.10 and deliver, upon request, an administrative questionnaire satisfactory to Agent.", "hash": "d3107a105ab4413174a8d01bbf4bc9ef", "id": 4}, {"samples": [{"hash": "cIC5Twbo4nf", "uri": "/contracts/cIC5Twbo4nf#effect-effective-date", "label": "Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.)", "score": 36.9945259094, "published": true}, {"hash": "l3LB9Imyf7j", "uri": "/contracts/l3LB9Imyf7j#effect-effective-date", "label": "Loan and Security Agreement (Alliance Entertainment Holding Corp)", "score": 36.7508544922, "published": true}, {"hash": "c7arTsFN5Yo", "uri": "/contracts/c7arTsFN5Yo#effect-effective-date", "label": "Loan and Security Agreement (FreightCar America, Inc.)", "score": 36.1321029663, "published": true}], "size": 82, "snippet_links": [{"key": "delivery-to-agent", "type": "clause", "offset": [5, 22]}, {"key": "fully-executed", "type": "definition", "offset": [28, 42]}, {"key": "processing-fee", "type": "clause", "offset": [85, 99]}, {"key": "by-agent", "type": "clause", "offset": [135, 143]}, {"key": "in-its-discretion", "type": "clause", "offset": [144, 161]}, {"key": "the-assignment", "type": "definition", "offset": [164, 178]}, {"key": "section-133", "type": "clause", "offset": [279, 291]}, {"key": "effective-date", "type": "definition", "offset": [303, 317]}, {"key": "eligible-assignee", "type": "clause", "offset": [323, 340]}, {"key": "all-purposes", "type": "definition", "offset": [351, 363]}, {"key": "a-lender", "type": "definition", "offset": [367, 375]}, {"key": "the-loan-documents", "type": "clause", "offset": [382, 400]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [421, 446]}, {"key": "consummation-of", "type": "clause", "offset": [473, 488]}, {"key": "an-assignment", "type": "clause", "offset": [489, 502]}, {"key": "the-transferor-lender", "type": "clause", "offset": [504, 525]}, {"key": "new-notes", "type": "definition", "offset": [618, 627]}, {"key": "if-applicable", "type": "definition", "offset": [629, 642]}, {"key": "transferee-lender", "type": "definition", "offset": [648, 665]}, {"key": "comply-with", "type": "clause", "offset": [672, 683]}, {"key": "section-59", "type": "clause", "offset": [684, 695]}, {"key": "upon-request", "type": "definition", "offset": [709, 721]}, {"key": "administrative-questionnaire", "type": "clause", "offset": [726, 754]}], "snippet": "Upon delivery to Agent of a fully executed and completed Assignment accompanied by a processing fee of $3,500 (unless otherwise agreed by Agent in its discretion), the assignment specified therein shall be effective as provided in the Assignment as long as it complies with this Section 13.3. From such effective date, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new notes, if applicable. The transferee Lender shall comply with Section 5.9 and deliver, upon request, an administrative questionnaire satisfactory to Agent.", "hash": "6e2ad8cb451fd1867d85bac3f0a39b6d", "id": 5}, {"samples": [{"hash": "6Gr1DvpOQ25", "uri": "/contracts/6Gr1DvpOQ25#effect-effective-date", "label": "Credit Agreement (Chicago Bridge & Iron Co N V)", "score": 18.0, "published": true}], "size": 54, "snippet_links": [{"key": "the-administrative-agent", "type": "definition", "offset": [21, 45]}, {"key": "notice-of-assignment", "type": "definition", "offset": [51, 71]}, {"key": "appendix-i", "type": "definition", "offset": [111, 121]}, {"key": "to-exhibit-d", "type": "clause", "offset": [122, 134]}, {"key": "required-by", "type": "definition", "offset": [196, 207]}, {"key": "payment-of", "type": "definition", "offset": [237, 247]}, {"key": "by-the-assignor", "type": "clause", "offset": [295, 310]}, {"key": "a-lender", "type": "definition", "offset": [420, 428]}, {"key": "affiliate-of", "type": "definition", "offset": [435, 447]}, {"key": "completion-of-the", "type": "clause", "offset": [475, 492]}, {"key": "recording-requirements", "type": "clause", "offset": [493, 515]}, {"key": "effective-on-the", "type": "clause", "offset": [565, 581]}, {"key": "the-requirements", "type": "clause", "offset": [606, 622]}, {"key": "in-clauses", "type": "clause", "offset": [623, 633]}, {"key": "the-notice", "type": "clause", "offset": [725, 735]}, {"key": "by-the-purchaser", "type": "clause", "offset": [781, 797]}, {"key": "the-consideration", "type": "clause", "offset": [825, 842]}, {"key": "the-commitment", "type": "definition", "offset": [872, 886]}, {"key": "the-applicable", "type": "clause", "offset": [913, 927]}, {"key": "assignment-agreement", "type": "clause", "offset": [928, 948]}, {"key": "plan-assets", "type": "definition", "offset": [954, 965]}, {"key": "rights-and-interests", "type": "clause", "offset": [1003, 1023]}, {"key": "of-the-purchaser", "type": "clause", "offset": [1024, 1040]}, {"key": "the-loan-documents", "type": "clause", "offset": [1054, 1072]}, {"key": "date-of", "type": "clause", "offset": [1139, 1146]}, {"key": "such-purchaser", "type": "definition", "offset": [1164, 1178]}, {"key": "all-purposes", "type": "definition", "offset": [1215, 1227]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [1240, 1263]}, {"key": "other-loan-documents", "type": "clause", "offset": [1272, 1292]}, {"key": "by-the-lenders", "type": "clause", "offset": [1302, 1316]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [1340, 1365]}, {"key": "to-the-same-extent", "type": "definition", "offset": [1401, 1419]}, {"key": "party-hereto", "type": "definition", "offset": [1446, 1458]}, {"key": "action-by", "type": "clause", "offset": [1486, 1495]}, {"key": "agent-shall", "type": "definition", "offset": [1544, 1555]}, {"key": "the-seller", "type": "clause", "offset": [1579, 1589]}, {"key": "with-respect-to", "type": "clause", "offset": [1590, 1605]}, {"key": "the-percentage", "type": "definition", "offset": [1606, 1620]}, {"key": "aggregate-commitment", "type": "clause", "offset": [1628, 1648]}, {"key": "letter-of-credit-participations", "type": "definition", "offset": [1653, 1684]}, {"key": "consummation-of", "type": "clause", "offset": [1722, 1737]}, {"key": "assignment-to", "type": "clause", "offset": [1742, 1755]}, {"key": "the-borrowers", "type": "definition", "offset": [1843, 1856]}, {"key": "to-the-extent", "type": "clause", "offset": [1902, 1915]}, {"key": "issued-to", "type": "definition", "offset": [1932, 1941]}, {"key": "credit-extensions", "type": "definition", "offset": [1974, 1991]}, {"key": "replacement-notes", "type": "definition", "offset": [1993, 2010]}, {"key": "new-notes", "type": "definition", "offset": [2041, 2050]}, {"key": "each-case", "type": "definition", "offset": [2123, 2132]}, {"key": "principal-amounts", "type": "clause", "offset": [2136, 2153]}, {"key": "as-adjusted", "type": "definition", "offset": [2184, 2195]}, {"key": "pursuant-to-such", "type": "clause", "offset": [2196, 2212]}, {"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [2225, 2265]}, {"key": "borrower-shall", "type": "clause", "offset": [2277, 2291]}, {"key": "at-any-time", "type": "clause", "offset": [2293, 2304]}, {"key": "to-pay", "type": "clause", "offset": [2319, 2325]}, {"key": "in-respect-of", "type": "definition", "offset": [2488, 2501]}, {"key": "assignment-or-transfer", "type": "clause", "offset": [2604, 2626]}], "snippet": "Upon (i) delivery to the Administrative Agent of a notice of assignment, substantially in the form attached as Appendix I to Exhibit D hereto (a \"Notice of Assignment\"), together with any consent required by Section 14.3(A) hereof, (ii) payment of a Four Thousand and 00/100 Dollar ($4,000) fee by the assignor to the Administrative Agent for processing such assignment, which fee shall not apply to any assignment from a Lender to an Affiliate of such Lender, and (iii) the completion of the recording requirements in Section 14.3(C), such assignment shall become effective on the later of such date when the requirements in clauses (i), (ii), and (iii) are met or the effective date specified in such Notice of Assignment. The Notice of Assignment shall contain a representation by the Purchaser to the effect that none of the consideration used to make the purchase of the Commitment and L/C Obligations under the applicable assignment agreement are \"plan assets\" as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be \"plan assets\" under ERISA. On and after the effective date of such assignment, such Purchaser, if not already a Lender, shall for all purposes be a Lender party to this Agreement and any other Loan Documents executed by the Lenders and shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party hereto, and no further consent or action by any Borrower, the Lenders or the Administrative Agent shall be required to release the Seller with respect to the percentage of the Aggregate Commitment and Letter of Credit participations assigned to such Purchaser. Upon the consummation of any assignment to a Purchaser pursuant to this Section 14.3(B), the Seller, the Administrative Agent and the Borrowers shall make appropriate arrangements so that, to the extent notes have been issued to evidence any of the transferred credit extensions, replacement notes are issued to such Seller and new notes or, as appropriate, replacement notes, are issued to such Purchaser, in each case in principal amounts reflecting their Commitments, as adjusted pursuant to such assignment. Notwithstanding anything to the contrary herein, no Borrower shall, at any time, be obligated to pay under Section 2.14(E) to any Lender that is a Purchaser, assignee or transferee any sum in excess of the sum which such Borrower would have been obligated to pay in respect of such transferred credit extensions to the Lender that was the Seller, assignor or transferor had such assignment or transfer not been effected.", "hash": "95600f6e61c83e7dd2293b71f188e716", "id": 6}, {"samples": [{"hash": "liFvzxIwZHd", "uri": "/contracts/liFvzxIwZHd#effect-effective-date", "label": "Credit Agreement (Insurance Auto Auctions Inc /Ca)", "score": 18.0, "published": true}], "size": 49, "snippet_links": [{"key": "delivery-to-the", "type": "clause", "offset": [9, 24]}, {"key": "assignment-agreement", "type": "clause", "offset": [52, 72]}, {"key": "required-by", "type": "definition", "offset": [101, 112]}, {"key": "section-1231", "type": "clause", "offset": [113, 127]}, {"key": "payment-by-the", "type": "clause", "offset": [138, 152]}, {"key": "assigning-lender", "type": "definition", "offset": [153, 169]}, {"key": "effective-on-the-effective-date", "type": "clause", "offset": [331, 362]}, {"key": "the-assignment", "type": "definition", "offset": [393, 407]}, {"key": "by-the-purchaser", "type": "clause", "offset": [449, 465]}, {"key": "the-consideration", "type": "clause", "offset": [493, 510]}, {"key": "the-commitment", "type": "definition", "offset": [540, 554]}, {"key": "outstanding-credit-exposure", "type": "definition", "offset": [559, 586]}, {"key": "the-applicable", "type": "clause", "offset": [593, 607]}, {"key": "plan-assets", "type": "definition", "offset": [642, 653]}, {"key": "rights-and-interests", "type": "clause", "offset": [691, 711]}, {"key": "of-the-purchaser", "type": "clause", "offset": [712, 728]}, {"key": "the-loan-documents", "type": "clause", "offset": [742, 760]}, {"key": "date-of", "type": "clause", "offset": [827, 834]}, {"key": "such-purchaser", "type": "definition", "offset": [852, 866]}, {"key": "all-purposes", "type": "definition", "offset": [877, 889]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [902, 925]}, {"key": "other-loan", "type": "definition", "offset": [934, 944]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [963, 981]}, {"key": "the-lenders", "type": "clause", "offset": [982, 993]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [1017, 1042]}, {"key": "to-the-same-extent", "type": "definition", "offset": [1078, 1096]}, {"key": "party-hereto", "type": "definition", "offset": [1123, 1135]}, {"key": "by-the-borrower", "type": "clause", "offset": [1170, 1185]}, {"key": "agent-shall", "type": "definition", "offset": [1221, 1232]}, {"key": "the-transferor-lender", "type": "clause", "offset": [1256, 1277]}, {"key": "with-respect-to", "type": "clause", "offset": [1278, 1293]}, {"key": "the-percentage", "type": "definition", "offset": [1294, 1308]}, {"key": "aggregate-commitment", "type": "clause", "offset": [1316, 1336]}, {"key": "consummation-of", "type": "clause", "offset": [1433, 1448]}, {"key": "assignment-to", "type": "clause", "offset": [1453, 1466]}, {"key": "the-borrower-shall", "type": "clause", "offset": [1564, 1582]}, {"key": "new-notes", "type": "definition", "offset": [1710, 1719]}, {"key": "replacement-notes", "type": "definition", "offset": [1740, 1757]}, {"key": "issued-to", "type": "definition", "offset": [1762, 1771]}, {"key": "each-case", "type": "definition", "offset": [1881, 1890]}, {"key": "principal-amounts", "type": "clause", "offset": [1894, 1911]}, {"key": "term-loans", "type": "clause", "offset": [1956, 1966]}, {"key": "revolving-facility-termination-date", "type": "clause", "offset": [1994, 2029]}, {"key": "as-adjusted", "type": "definition", "offset": [2091, 2102]}, {"key": "pursuant-to-such", "type": "clause", "offset": [2103, 2119]}], "snippet": "Upon (i) delivery to the Administrative Agent of an Assignment Agreement, together with any consents required by Section 12.3.1, and (ii) payment by the assigning Lender of a $3,500 fee to the Administrative Agent for processing such assignment (unless such fee is waived by the Administrative Agent), such assignment shall become effective on the effective date specified in such assignment. The Assignment Agreement shall contain a representation by the Purchaser to the effect that none of the consideration used to make the purchase of the Commitment and Outstanding Credit Exposure under the applicable Assignment Agreement constitutes \"plan assets\" as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be \"plan assets\" under ERISA. On and after the effective date of such assignment, such Purchaser shall for all purposes be a Lender party to this Agreement and any other Loan Document executed by or on behalf of the Lenders and shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party hereto, and no further consent or action by the Borrower, the Lenders or the Administrative Agent shall be required to release the transferor Lender with respect to the percentage of the Aggregate Commitment and Outstanding Credit SIDLEY AUSTIN BROWN & WOOD Exp\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587ed \u2587\u2587 \u2587uch Purchaser. Upon the consummation of any assignment to a Purchaser pursuant to this Section 12.3.2, the transferor Lender, the Administrative Agent and the Borrower shall, if the transferor Lender or the Purchaser desires that its Loans be evidenced by Notes, make appropriate arrangements so that new Notes or, as appropriate, replacement Notes are issued to such transferor Lender and new Notes or, as appropriate, replacement Notes, are issued to such Purchaser, in each case in principal amounts reflecting their respective Commitments and Term Loans, as applicable (or, if the Revolving Facility Termination Date has occurred, their respective Outstanding Credit Exposure), as adjusted pursuant to such assignment.", "hash": "a52fef2f88904610975e1a21d8e95901", "id": 7}, {"samples": [{"hash": "cjOYvbhmC1p", "uri": "/contracts/cjOYvbhmC1p#effect-effective-date", "label": "Loan and Security Agreement (EMAK Worldwide, Inc.)", "score": 21.0, "published": true}, {"hash": "aludGyirn4i", "uri": "/contracts/aludGyirn4i#effect-effective-date", "label": "Loan and Security Agreement (Chromcraft Revington Inc)", "score": 21.0, "published": true}, {"hash": "6PWqKgoFVh4", "uri": "/contracts/6PWqKgoFVh4#effect-effective-date", "label": "Loan and Security Agreement (Kellwood Co)", "score": 21.0, "published": true}], "size": 17, "snippet_links": [{"key": "delivery-to-agent", "type": "clause", "offset": [5, 22]}, {"key": "assignment-notice", "type": "definition", "offset": [29, 46]}, {"key": "form-of", "type": "definition", "offset": [54, 61]}, {"key": "exhibit-c", "type": "clause", "offset": [62, 71]}, {"key": "processing-fee", "type": "clause", "offset": [78, 92]}, {"key": "become-effective", "type": "clause", "offset": [126, 142]}, {"key": "as-specified", "type": "clause", "offset": [143, 155]}, {"key": "the-notice", "type": "clause", "offset": [159, 169]}, {"key": "section-133", "type": "clause", "offset": [196, 208]}, {"key": "date-of", "type": "clause", "offset": [229, 236]}, {"key": "eligible-assignee", "type": "clause", "offset": [258, 275]}, {"key": "all-purposes", "type": "definition", "offset": [286, 298]}, {"key": "a-lender", "type": "definition", "offset": [302, 310]}, {"key": "the-loan-documents", "type": "clause", "offset": [317, 335]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [356, 381]}, {"key": "consummation-of", "type": "clause", "offset": [408, 423]}, {"key": "the-transferor-lender", "type": "clause", "offset": [439, 460]}, {"key": "new-notes", "type": "definition", "offset": [553, 562]}], "snippet": "Upon delivery to Agent of an assignment notice in the form of Exhibit C and a processing fee of $5,000, such assignment shall become effective as specified in the notice, if it complies with this Section 13.3. From the effective date of such assignment, the Eligible Assignee shall for all purposes be a Lender under the Loan Documents, and shall have all rights and obligations of a Lender thereunder. Upon consummation of an assignment, the transferor Lender, Agent and Borrowers shall make appropriate arrangements for issuance of replacement and/or new Notes, as appropriate.", "hash": "5e31ec8bf0c8547142f17e9e6ae369b7", "id": 9}, {"samples": [{"hash": "bhUaPMb6gq8", "uri": "/contracts/bhUaPMb6gq8#effect-effective-date", "label": "Credit Agreement (Valley National Gases Inc)", "score": 18.0, "published": true}, {"hash": "6uLq3UDhjd", "uri": "/contracts/6uLq3UDhjd#effect-effective-date", "label": "Credit Agreement (Valley National Gases Inc)", "score": 18.0, "published": true}], "size": 16, "snippet_links": [{"key": "delivery-to-the", "type": "clause", "offset": [9, 24]}, {"key": "an-assignment", "type": "clause", "offset": [34, 47]}, {"key": "required-by", "type": "definition", "offset": [76, 87]}, {"key": "by-the-agent", "type": "clause", "offset": [219, 231]}, {"key": "effective-on-the-effective-date", "type": "clause", "offset": [263, 294]}, {"key": "the-assignment", "type": "definition", "offset": [325, 339]}, {"key": "by-the-purchaser", "type": "clause", "offset": [371, 387]}, {"key": "the-consideration", "type": "clause", "offset": [415, 432]}, {"key": "the-commitment-and-loans", "type": "clause", "offset": [462, 486]}, {"key": "the-applicable", "type": "clause", "offset": [493, 507]}, {"key": "assignment-agreement", "type": "clause", "offset": [508, 528]}, {"key": "plan-assets", "type": "definition", "offset": [542, 553]}, {"key": "rights-and-interests", "type": "clause", "offset": [591, 611]}, {"key": "of-the-purchaser", "type": "clause", "offset": [612, 628]}, {"key": "the-loan-documents", "type": "clause", "offset": [642, 660]}, {"key": "date-of", "type": "clause", "offset": [727, 734]}, {"key": "such-purchaser", "type": "definition", "offset": [752, 766]}, {"key": "all-purposes", "type": "definition", "offset": [777, 789]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [802, 825]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [863, 881]}, {"key": "the-lenders", "type": "clause", "offset": [882, 893]}, {"key": "rights-and-obligations-of", "type": "clause", "offset": [917, 942]}, {"key": "to-the-same-extent", "type": "definition", "offset": [978, 996]}, {"key": "original-party", "type": "definition", "offset": [1014, 1028]}, {"key": "the-transferor-lender", "type": "clause", "offset": [1042, 1063]}, {"key": "with-respect-to", "type": "clause", "offset": [1082, 1097]}, {"key": "action-by-the-company", "type": "clause", "offset": [1181, 1202]}, {"key": "in-the-case-of-an", "type": "clause", "offset": [1230, 1247]}, {"key": "assigning-lender", "type": "definition", "offset": [1279, 1295]}, {"key": "rights-and-obligations-under-this-agreement", "type": "clause", "offset": [1298, 1341]}, {"key": "lender-hereunder", "type": "clause", "offset": [1375, 1391]}, {"key": "benefits-of", "type": "clause", "offset": [1433, 1444]}, {"key": "subject-to", "type": "definition", "offset": [1450, 1460]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [1487, 1525]}, {"key": "payment-of-the-obligations", "type": "clause", "offset": [1540, 1566]}, {"key": "termination-of-the", "type": "clause", "offset": [1571, 1589]}, {"key": "applicable-agreement", "type": "clause", "offset": [1590, 1610]}], "snippet": "Upon (i) delivery to the Agent of an assignment, together with any consents required by Sections 10.03(a) and (b), and (ii) payment of a $3,500 fee to the Agent for processing such assignment (unless such fee is waived by the Agent), such assignment shall become effective on the effective date specified in such assignment. The assignment shall contain a representation by the Purchaser to the effect that none of the consideration used to make the purchase of the Commitment and Loans under the applicable assignment agreement constitutes \"plan assets\" as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be \"plan assets\" under ERISA. On and after the effective date of such assignment, such Purchaser shall for all purposes be a Lender party to this Agreement and any other Loan Document executed by or on behalf of the Lenders and shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party thereto, and the transferor Lender shall be released with respect to the Commitment and Loans assigned to such Purchaser without any further consent or action by the Company, the Lenders or the Agent. In the case of an assignment covering all of the assigning Lender's rights and obligations under this Agreement, such Lender shall cease to be a Lender hereunder but shall continue to be entitled to the benefits of, and subject to, those provisions of this Agreement and the other Loan Documents which survive payment of the Obligations and termination of the applicable agreement. Any", "hash": "66c9e636cc8fbba94458eb1719059d4d", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih5lZmZlY3QtZWZmZWN0aXZlLWRhdGUjMDAwMDAwMGEMogECZW4YACAA", "clause": {"children": [["indemnity", "Indemnity"], ["amendment", "Amendment"], ["notice-address", "Notice Address"], ["limitations", "Limitations"], ["payment-for-consents", "Payment for Consents"]], "parents": [["assignments", "Assignments"], ["benefit-of-agreement-assignments-participations", "Benefit of Agreement Assignments Participations"], ["benefit-of-agreement-assignments", "Benefit of Agreement Assignments"], ["benefit-of-agreement-assignments-and-participations", "Benefit of Agreement Assignments and Participations"], ["miscellaneous", "Miscellaneous"]], "size": 1501, "title": "Effect; Effective Date", "id": "effect-effective-date", "related": [["contract-effective-date", "Contract Effective Date", "Contract Effective Date"], ["restatement-effective-date", "Restatement Effective Date", "Restatement Effective Date"], ["agreement-effective-date", "Agreement Effective Date", "Agreement Effective Date"], ["amendment-effective-date", "Amendment Effective Date", "Amendment Effective Date"], ["prior-to-the-agreement-effective-date", "Prior to the Agreement Effective Date", "Prior to the Agreement Effective Date"]], "related_snippets": [], "updated": "2026-05-30T06:04:11+00:00", "also_ask": ["How can the Effective Date be leveraged to benefit our client strategically?", "What essential elements must be included to ensure the Effective Date is unambiguous?", "What are the main risks if the Effective Date is unclear or disputed?", "How do courts typically interpret ambiguous Effective Date provisions?", "How does this clause compare to industry standards or statutory requirements for contract effectiveness?"], "drafting_tip": "Specify the exact effective date to prevent disputes; clarify the effect of the clause to ensure enforceability; align both with the contract\u2019s overall commencement to maintain consistency.", "explanation": "The 'Effect; Effective Date' clause establishes when the terms of an agreement become legally binding and enforceable. It typically specifies a particular date\u2014either the date of signing or another agreed-upon date\u2014on which the contract's rights and obligations commence. This clause ensures that all parties are clear about when their responsibilities and benefits under the agreement begin, thereby preventing disputes over the timing of contractual obligations."}, "json": true, "cursor": ""}}