Effective Restatement Date Sample Clauses
Effective Restatement Date. The Company's obligations hereunder to purchase and pay for the Effective Restatement Date Contracts and other Transferred Assets relating thereto on the Effective Restatement Date are subject to the fulfillment of the following conditions on or before such Effective Restatement Date:
(i) The Company shall have received (a) the Credit Agreement executed by all the parties thereto and (b) all conditions to lending set forth in Section 3.01 and 3.02 of the Credit Agreement shall have been fulfilled, to the extent they are capable of being fulfilled prior to the performance by the Company of its obligations under this Agreement, and a certificate to such effect delivered by the Company pursuant to the Credit Agreement shall be conclusive for purposes of this Agreement;
(ii) The representations and warranties of the Seller, FCI and FMB made herein and the Seller as Servicer under the Credit Agreement shall be true and correct in all material respects on the Effective Restatement Date.
Effective Restatement Date. Payment for and delivery of the Effective Restatement Date Contracts being purchased by the Company shall take place at a closing at the offices of Sidley & Austin, 1722 Eye Street, Washington, D.C. 20006, at 10:00 a.m. on the Effecti▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇e and place as shall be mutually agreed upon among the parties hereto. Payment of the portion of the Effective Restatement Date Purchase Price to be paid in cash pursuant hereto, shall be made by the Company on the Effective Restatement Date in immediately available funds to the Seller to such accounts at such banks as the Seller shall designate to the Company not less than one Business Day prior to the Effective Restatement Date.
