Common use of Conditions to Effectiveness of Amendment Clause in Contracts

Conditions to Effectiveness of Amendment. The Bank’s willingness to agree to the amendments set forth in this Amendment is subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment, including the attached Consent of Guarantors; and 2. Payment by the Borrower to the Bank of all fees and expenses required by the Bank in connection with this Amendment.

Appears in 3 contracts

Sources: Amendment to Loan Documents (Luna Innovations Inc), Loan Agreement (Luna Innovations Inc), Loan Agreement (Luna Innovations Inc)

Conditions to Effectiveness of Amendment. The Bank’s willingness to agree to the amendments set forth in this Amendment is subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment, including the attached Consent of Guarantors; and 2. Payment by the Borrower to the Bank of all fees and expenses required by the Bank in connection with this Amendment.

Appears in 3 contracts

Sources: Loan Agreement (Middlesex Water Co), Loan Agreement (Medpace Holdings, Inc.), Loan Agreement (Medpace Holdings, Inc.)

Conditions to Effectiveness of Amendment. The Bank’s willingness to agree to the amendments set forth in this Amendment is subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment, including the attached Consent of Guarantors; and 2. Payment by the Borrower to the Bank of all fees and expenses required by the Bank in connection with this Amendment.

Appears in 3 contracts

Sources: Loan Agreement (Lsi Industries Inc), Loan Agreement (Lsi Industries Inc), Loan Agreement (Lsi Industries Inc)

Conditions to Effectiveness of Amendment. The Bank’s 's willingness to agree to the amendments set forth in this Amendment is subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment, including the attached Consent of Guarantors; andConsent(s). 2. Payment by Reimbursement of the Borrower to the Bank of all fees and expenses required by of the Bank Bank's outside counsel in connection with this Amendment.

Appears in 2 contracts

Sources: Loan Agreement (Emergent BioSolutions Inc.), Loan Agreement (Emergent BioSolutions Inc.)

Conditions to Effectiveness of Amendment. The Bank’s willingness to agree to the amendments set forth in this Amendment is subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment, including the attached Consent of Guarantors; and. 2. Payment by the The Borrower to shall have paid, or reimbursed the Bank of all for, the fees and expenses required by of the Bank Bank’s counsel in connection with the preparation, execution and delivery of this AmendmentAmendment and the related documents.

Appears in 2 contracts

Sources: Loan Agreement (Lsi Industries Inc), Loan Agreement (Lsi Industries Inc)

Conditions to Effectiveness of Amendment. The Bank’s willingness to agree to the amendments set forth in this Amendment is are subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment, Amendment including the attached Consent of Guarantors; andConsent. 2. Payment Deposit by the Borrower in the Account (as defined in the Borrower Pledge Agreement) of such additional amounts as are required to meet the Bank requirements of all Section 1 of the Borrower Pledge Agreement as amended hereby. 3. Reimbursement of the fees and expenses required by of the Bank Bank’s counsel in connection with this Amendment.

Appears in 1 contract

Sources: Loan Agreement (Environmental Tectonics Corp)

Conditions to Effectiveness of Amendment. The Bank’s willingness to agree to the amendments set forth in this Amendment is subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment, including the attached Consent of Guarantors; and 2. Payment by the Borrower to the Bank of all fees and expenses required by the Bank in connection with this AmendmentGuarantor.

Appears in 1 contract

Sources: Amendment to Loan Documents (Evans Bob Farms Inc)

Conditions to Effectiveness of Amendment. The Bank’s willingness to agree to the amendments set forth in this Amendment is subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment, including the attached Consent of Guarantors; andRestated Note. 2. Payment by the Borrower to the Bank of all fees and expenses required by the Bank in connection with this Amendment, including without limitation those fees set forth in the Loan Fee Authorization.

Appears in 1 contract

Sources: Loan Agreement (Northern Technologies International Corp)

Conditions to Effectiveness of Amendment. The Bank’s willingness to agree to the amendments set forth in this Amendment is are subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment, Amendment including the attached Consent of Guarantors; and 2. Payment by the Borrower to the Bank of all fees and expenses required by the Bank in connection with this AmendmentConsent.

Appears in 1 contract

Sources: Amendment to Loan Documents (Environmental Tectonics Corp)