Effective upon a Change in Control (as defined ------------- below) of the Company, all stock options granted to the Officer and then outstanding under any Stock Option Plan (as defined below) of the Company shall become exercisable in full, notwithstanding any vesting schedule or other provisions to the contrary in the agreements evidencing such options; and the Company and the Officer hereby agree that such option agreements are hereby and will be deemed amended to give effect to this provision.
Effective upon the Effective Time, the reference in the first paragraph of the Indenture to "Citicorp, a corporation duly organized and existing under the laws of the State of Delaware (herein called the "Company")" shall be amended to read "Citicorp (formerly named Citi Merger Sub Inc.), a corporation duly organized and existing under the laws of the State of Delaware (herein called the "Company")", and each other reference therein to Citicorp shall be amended to read "Citicorp (formerly named Citi Merger Sub Inc.)"
Effective upon. (i) the purchase by any Investor or shares of the Company's Series B Preferred Stock at the closing of the sale and purchase of shares under the Current Purchase Agreement; (ii) the execution and delivery by such Investor of a signature page to this Amendment countersigned by the Founder and the Company; and (iii) the satisfaction of the conditions set forth in Section 3 of this Amendment, such investor will be an "Investor" for all purposes of the Investors' Rights Agreement, as amended hereby, and the following sections of the Investors'
Effective upon the Funding Date under the Note and while there are any Obligations outstanding, Borrower shall cause to be carried and maintained comprehensive general liability insurance with regard to the Collateral against risks customarily insured against in the Borrower's business. Such risks shall include, without limitation, the risks of death, bodily injury and property damage associated with the Collateral. All policies evidencing such insurance shall provide for at least thirty (30) days prior written notice by the underwriter or insurance company to the Lender in the event of cancellation or expiration.
Effective upon. EXECUTION This Agreement shall not be considered accepted, approved, or otherwise effective until signed below by the appropriate Parties. Each of the Parties hereto represent and warrant that the person signing below on such Party’s behalf has the authority to enter into this Agreement, and that this Agreement does not violate any existing agreement or obligation of such Party.
Effective upon. (1) Buyer's issuance of additional membership interests in Globalstar LLC of 13.75 Units for each Additional Warranted Phone to be delivered by QUALCOMM pursuant to Section 2.4 above (this member interest together with the membership interest described in Section 3.2(1) above are referred to collectively herein as the "Equity Interest") and
Effective upon. (i) the closing of the Merger under the Merger Agreement; (ii) the execution and delivery by Davix X. Xxxxxxxx, xx the Shareholder Representative (as defined in the Merger Agreement) of a signature page to this Amendment; and (iii) the satisfaction of the conditions set forth in Section 4 of this Amendment, each FirstFloor Shareholder will be an "Investor" for all purposes of the Amended Rights Agreement, as amended hereby, and the following sections of the Amended Rights Agreement will be amended as follows: