Example ContractsClausesConditions to Effectiveness of the Amendment
Conditions to Effectiveness of the Amendment
Conditions to Effectiveness of the Amendment contract clause examples
Previous results

Effectiveness. This Amendment shall become effective as of the first date (theAmendment Effective Date”) on which the below conditions shall have been satisfied or waived:

Upon satisfaction of the conditions set forth in this [Section 2] and the effectiveness of this Amendment, the Administrative Agent shall provide notice of such effectiveness to the Company and the Lenders.

Third Amendment Effective Date” means the date on which the conditions precedent to the effectiveness of this Amendment as specified in Section 3 herein have been satisfied.

Section # Conditions. The effectiveness of this Amendment is subject to the delivery to the Administrative Agent of this Amendment duly executed by each of the parties hereto.

Conditions Precedent. The effectiveness of this Amendment is subject to the Collateral Trustee’s receipt of each of the following:

Section # Closing Conditions. The effectiveness of this Amendment is conditioned upon the satisfaction or waiver of all of the conditions precedent set forth in this [Section 5]:

Conditions Precedent to Amendment. This Amendment shall become effective as of the date first above written if, and only if on such date:

SECTION # Conditions to Effectiveness and Funding. The effectiveness of the amendments set forth in Sections 2, 3 and 4 hereof and the obligations of the Incremental Revolving Lender to make the Incremental Revolving Increase are subject to satisfaction of the following conditions precedent (the date of such satisfaction being theSecond Amendment Effective Date”):

SECTION # Conditions. Effectiveness of the amendments set forth in Article II shall be subject to the satisfaction (or waiver in writing) of the following conditions precedent (the date on which all such conditions precedent have been satisfied, the “Amendment Effective Date”):

Subject to satisfaction of the conditions of effectiveness set forth in Article 4 of this Amendment, the parties hereto agree that, effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows:

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.