Common use of Conditions to Effectiveness of Second Amendment Clause in Contracts

Conditions to Effectiveness of Second Amendment. This Amendment shall become effective on the first date (the “Second Amendment Effective Date”) on which the Administrative Agent (or its counsel) shall have received duly executed counterparts hereof that, when taken together, bear the signatures of IBM, the Subsidiary Borrowers and Lenders representing the Required Lenders.

Appears in 1 contract

Sources: 5 Year Credit Agreement (International Business Machines Corp)

Conditions to Effectiveness of Second Amendment. This Second Amendment shall become effective on the first date (the “Second Amendment Effective Date”) on which the Administrative Agent (or its counsel) shall have received duly executed counterparts hereof that, when taken together, bear the signatures of IBM, the Subsidiary Borrowers Borrower and Lenders representing the Required Majority Lenders.

Appears in 1 contract

Sources: Credit Agreement (Willbros Group, Inc.\NEW\)