Example ContractsClausesconditions to effectiveness of the amendmentVariants
Conditions to Effectiveness of the Amendment
Conditions to Effectiveness of the Amendment contract clause examples

Conditions Precedent to Effectiveness of Amendment. The effectiveness of this Amendment and the waiver of the Existing Defaults set forth in [Section 5] above are subject to and contingent upon the fulfillment of each and every one of the following conditions to the satisfaction of Lender:

Conditions Precedent to Effectiveness of this Amendment. This Amendment shall become effective upon the satisfaction in full or waiver by all Lenders of the following conditions precedent (the first date upon which all such conditions shall have been satisfied being herein called the “Amendment Effective Date”):

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.