Effectiveness Conditions. This Amendment shall become effective upon the satisfaction of the following conditions: (a) Delivery to Agent of this Amendment executed by Borrower and each Subsidiary Guarantor; and (b) Payment to Agent of all of Agent’s Expenses.
Appears in 2 contracts
Sources: Loan and Security Agreement, Loan and Security Agreement (Alesco Financial Inc)
Effectiveness Conditions. This Amendment shall become effective upon the satisfaction of the following conditions:
(a) Delivery to Agent a. Execution and delivery of this Amendment executed by the parties hereto;
b. Payment by Borrower and each Subsidiary Guarantor; and
(b) Payment to Agent of all of Agent’s Expenses;
c. Payment by Borrower to Agent, for the benefit of Lenders, of a non-refundable waiver fee in the amount of Ten Thousand Dollars ($10,000); and
d. Such other items as Agent may reasonably require.
Appears in 1 contract
Effectiveness Conditions. This Amendment shall become effective upon the satisfaction of the following conditions:
(a) Delivery to Agent Execution and delivery of this Amendment executed by Borrower and each Subsidiary Guarantorthe parties hereto; and
(b) Payment to Agent by Borrower of all of Agent’s Expenses.
Appears in 1 contract
Sources: Loan and Security Agreement (Resource America, Inc.)
Effectiveness Conditions. This Amendment shall become be effective as of the Effective Date upon the satisfaction of the following conditions:
conditions precedent: (a) Delivery to the execution and delivery by the Seller, each Buyer and the Agent of this Amendment executed by Borrower and each Subsidiary Guarantorto the Agent; and
(b) Payment to Agent of all of Agent’s Expenses.
Appears in 1 contract
Effectiveness Conditions. This Amendment shall become effective upon the satisfaction of the following conditions:
(a) Delivery Borrower shall have delivered or caused to be delivered to Agent of the following:
(i) this Amendment Amendment, executed by Borrower and each Subsidiary Guarantor; and, including ▇▇▇▇▇ Securities Funding, as applicable;
(b) Payment payment to Agent of all of Agent’s Expenses.
(c) payment to Agent of a nonrefundable $25,000 amendment fee, which fee is fully earned on the date of this Amendment.
(d) such other items as Agent may reasonably require.
Appears in 1 contract