Common use of Effectiveness and Amendment Clause in Contracts

Effectiveness and Amendment. (a) The Company and the Agent (acting on behalf of the Majority Lenders) agree that, with effect on and from the date of countersignature of this Letter by the Agent (acting on behalf of the Majority Lenders) (the "Effective Date"), the respective extensions of the Relevant Period, the Dividend Restriction Period and the 2021 Financials Delivery Deadline as set out in paragraph 2 above shall become effective. (b) On and from the Effective Date, any reference to the Facility Agreement in any other Finance Document shall be read as a reference to the Facility Agreement as amended by this Letter.

Appears in 2 contracts

Sources: Facility Agreement (Sands China Ltd.), Facility Agreement (Las Vegas Sands Corp)