Conditions Precedent. This Amendment shall become effective as of the date (the “Fourth Amendment Effective Date”) that each of the following conditions is satisfied (or waived by # Required Lenders and # each other Person required to consent to such waiver pursuant to and in accordance with [Section 9.08] of the Credit Agreement):
Conditions Precedent. The effectiveness of this Amendment shall be subject to the prior satisfaction of each of the following conditions:
Conditions Precedent. This Agreement shall become effective upon receipt by the Administrative Agent of counterparts of this Agreement, properly executed by the Borrower, the Guarantor and the Administrative Agent.
Conditions Precedent. This Fourth Amendment shall become effective as of the first date (the “Fourth Amendment Effective Date”) when each of the conditions set forth in this Section 3 shall have been satisfied:
The termination of the Collaboration Agreement in accordance with Article 2 and the respective obligations of each Party to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction (or waiver in writing by both Takeda and Ovid), at or prior to the Closing, of the following condition: any applicable waiting period (and any extension thereof) under the HSR Act shall have expired or been terminated.
Conditions Precedent. Each of the following shall be the only conditions precedent to the making of an Incremental Term Loan and establishment of any Incremental Revolving Credit Commitment:
Conditions Precedent. Any severance payments and post-employment benefits (other than the Accrued Obligations), in each case, as applicable, contemplated by Sections 8(b), (d), (e), and (f) above are conditional on Executive: # continuing to comply with the terms of this Agreement and the Confidentiality Agreement (as defined above); and # Executive executing and not revoking a Separation Agreement, including a general release of claims, in favor of the Company, substantially in the form approved by the Company, and such release becoming effective within 60 days following Executive’s Separation from Service (as defined above); and # the effectuating the Board Resignation (as discussed above). The severance benefits will be paid and/or provided in installments immediately beginning on the first payroll date after the 60th day following your Separation from Service, provided the Separation Agreement becomes effective and other conditions precedent have been met, and will continue to be paid thereafter, if applicable, based on the Company’s regular payroll schedule. The payment following the 60th day from your Separation from Service will include a lump sum of any severance payments that you would have received on or prior to such date under the original schedule but for the delay while waiting for the 60th day in compliance with Code [Section 409A] and the effectiveness of the release, with the balance of the Severance Benefits being paid in installments as originally scheduled, if applicable.
Conditions Precedent. [Section 19] of the First Addendum is hereby amended by adding the following as [Section 19] (h), (i) and # respectively:
Conditions Precedent. The amendments set forth in this Amendment shall not be effective until each of the following conditions precedent are satisfied in a manner satisfactory to the Administrative Agent:
Conditions Precedent. The effectiveness of this Amendment is subject to the satisfaction of the following conditions precedent in a manner satisfactory to Agent, unless specifically waived in writing by Agent in its sole discretion:
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