Effectiveness Conditions to Advances Sample Clauses

Effectiveness Conditions to Advances. Section 12.1 Section 6.1
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Effectiveness Conditions to Advances. 28 SECTION 7.1. Effectiveness..............................................................28 SECTION 7.2. Initial Advance............................................................28 SECTION 7.3. All Advances...............................................................29 ARTICLE VIII. ADMINISTRATION AND SERVICING OF RECEIVABLES..................................31 SECTION 8.1. Duties of the Servicer.....................................................31 SECTION 8.2. Collection of Receivable Payments; Modifications of Receivables; Lockbox...32 SECTION 8.3. Realization Upon Receivables...............................................33 SECTION 8.4. Insurance..................................................................34 SECTION 8.5. Maintenance of Security Interests in Vehicles..............................34 SECTION 8.6. Covenants, Representations and Warranties of Servicer......................35 SECTION 8.7. Purchase of Receivables Upon Breach of Covenant............................39 SECTION 8.8. Total Servicing Fee; Payment of Certain Expenses by Servicer...............39 SECTION 8.9. Servicer's Certificate.....................................................39
Effectiveness Conditions to Advances. 47 SECTION 7.1 Effectiveness..........................................47 SECTION 7.2 Initial Advance........................................48 SECTION 7.3 All Advances...........................................50
Effectiveness Conditions to Advances 

Related to Effectiveness Conditions to Advances

  • Conditions to Effectiveness of Increase As a condition precedent to such increase, the Company shall deliver to the Administrative Agent (for distribution to the Lenders) a certificate of each Loan Party dated as of the Increase Effective Date signed by a Responsible Officer of such Loan Party (i) certifying and attaching the resolutions adopted by such Loan Party approving or consenting to such increase, and (ii) in the case of the Company, certifying that, before and after giving effect to such increase, (A) the representations and warranties contained in Article V and the other Loan Documents are true and correct on and as of the Increase Effective Date, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and except that for purposes of this Section 2.15, the representations and warranties contained in clauses (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01, and (B) no Default exists. The Borrowers shall prepay any Committed Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Committed Loans ratable with any revised Applicable Percentages arising from any nonratable increase in the Commitments under this Section.

  • Conditions to Effectiveness of Extensions Notwithstanding the foregoing, the extension of the Maturity Date pursuant to this Section shall not be effective with respect to any Lender unless:

  • Conditions to Effectiveness of Amendment This Amendment shall become effective as of the date hereof, upon the satisfaction of the conditions precedent that:

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