Condition of Effectiveness. The obligation of the Bank to enter into this Amendment to the Loan Agreement and to make or provide any financial accommodation to the Debtors pursuant to the terms of this Amendment is subject to the condition precedent that the Bank shall have received each of the following documents, in form and substance satisfactory to the Bank and its counsel, and each of the following requirements shall have been fulfilled: 1. This Amendment. The Debtors and the Bank shall each have executed and delivered this Amendment.
Appears in 3 contracts
Sources: Credit Agreement (Del Global Technologies Corp), Credit Agreement (Del Global Technologies Corp), Credit Agreement (Del Global Technologies Corp)