Common use of Effectiveness and Effect Clause in Contracts

Effectiveness and Effect. This Amendment shall be effective on the day (the “Amendment Effective Date”) on which the last to occur of the following: (i) execution by the Seller Parties of this Amendment and (ii) payment to the Agent of an amendment fee in the amount of $2,500 by wire transfer in immediately available funds. Except as otherwise amended by this Amendment, the Agreement shall continue in full force and effect and is hereby ratified and confirmed.

Effectiveness and Effect. This Amendment shall be effective on the day (the “Amendment Effective Date”) on which the last to occur of the following: (i) execution by the Seller Parties of this Amendment and (ii) payment to the Agent of an amendment fee in the amount of $2,500 10,000 by wire transfer in immediately available funds. Except as otherwise amended by this Amendment, the Agreement shall continue in full force and effect and is hereby ratified and confirmed.