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.

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: 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.

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(s). 2. Reimbursement of the fees and expenses of the 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. 2. The Borrower shall have paid, or reimbursed the Bank for, the fees and expenses of the Bank’s counsel in connection with the preparation, execution and delivery of this Amendment 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 subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this Amendment. 2. Payment by the Borrower to the Bank of all fees and expenses required by the Bank in connection with this Amendment.

Appears in 1 contract

Sources: Loan Agreement (Middlesex Water Co)

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. 2. Execution by the Borrowers of the Restated Note. 3. Payment by the Borrower to the Bank of a renewal fee in the amount of $37,500.00.

Appears in 1 contract

Sources: Loan Agreement (Wesbanco 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 Guarantor.

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 are 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. 2. Deposit by the Borrower in the Account (as defined in the Borrower Pledge Agreement) of such additional amounts as are required to meet the requirements of Section 1 of the Borrower Pledge Agreement as amended hereby. 3. Reimbursement of the fees and expenses of the 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 are subject to the prior satisfaction of the following conditions: 1. Execution by all parties and delivery to the Bank of this AmendmentAmendment including the attached Consent.

Appears in 1 contract

Sources: Amendment to Loan Documents (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 Restated 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. 2. Payment by the Borrower to the Bank of a waiver/amendment fee in the amount of $5,000, and reimbursement of the reasonable fees and expenses of the Bank’s outside and in-house counsel in connection with this Amendment.

Appears in 1 contract

Sources: Loan Agreement (Strategic Diagnostics Inc/De/)

Conditions to Effectiveness of Amendment. The Bank’s '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 Delivery of this Amendment properly executed by all parties parties. 2. Delivery of the Restated Note. 3. Delivery of the Sweep Rider. 4. Delivery of the Guaranty and delivery to the Bank Suretyship Agreement of this AmendmentCadapult Graphic Systems, Inc. 5. Delivery of Resolutions For Extensions of Credit and Incumbency Certificate(3). 6. Payment of fee of Bank's counsel for document preparation.

Appears in 1 contract

Sources: Loan Agreement (Media Sciences International Inc)

Conditions to Effectiveness of Amendment. The Bank’s '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 Delivery of this Amendment, including the attached Consent(s), properly executed by all parties. 2. Delivery of the Term Note in the principal amount of $500,000.00. 3. Delivery of Resolutions For Extensions of Credit and Incumbency Certificate(3). 4. Payment of fee of Bank's counsel for document preparation.

Appears in 1 contract

Sources: Loan Documents (Media Sciences International 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 and the Restated Note. 2. Payment by the Borrower to the Bank of a renewal fee in the amount of $40,000.00, in respect of the Line of Credit, on or before the date of this Amendment.

Appears in 1 contract

Sources: Loan Agreement (Erie Indemnity Co)

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. 2. Payment by the Borrower to the Bank of the commitment fee in the amount of [***].

Appears in 1 contract

Sources: Loan Agreement (Arkansas Best Corp /De/)

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. 2. Reimbursement of the reasonable fees and expenses of the Bank’s outside and in-house counsel in connection with this Amendment.

Appears in 1 contract

Sources: Loan Agreement (Strategic Diagnostics Inc/De/)