Common use of Effectiveness Conditions Clause in Contracts

Effectiveness Conditions. This Amendment shall be effective upon the completion of the following conditions precedent (all agreements, documents and instruments to be in form and substance satisfactory to Washington Mutual and Washington Mutual’s counsel): (a) Execution and delivery by Seller of this Amendment to Washington Mutual; and (b) Execution and/or delivery of all other agreements, instruments and documents requested by Washington Mutual to effectuate and implement the terms hereof and the Existing Purchase Documents.

Appears in 3 contracts

Sources: Mortgage Loan Repurchase Agreement (Sirva Inc), Mortgage Loan Repurchase Agreement (Sirva Inc), Mortgage Loan Repurchase Agreement (Sirva Inc)

Effectiveness Conditions. This Amendment shall be effective upon the completion of the following conditions precedent (all agreements, documents and instruments to be in form and substance satisfactory to Washington Mutual and Washington Mutual’s counsel): (a) 27.1 Execution and delivery by Seller and Guarantor of this Amendment to Washington Mutual; and (b) 27.2 Execution and/or delivery of all other agreements, instruments and documents requested by Washington Mutual to effectuate and implement the terms hereof and the Existing Purchase Documents.

Appears in 1 contract

Sources: Mortgage Loan Purchase and Sale Agreement (National Credit & Guaranty CORP)

Effectiveness Conditions. This Amendment shall be effective upon the completion of the following conditions precedent (all agreements, documents and instruments to be in form and substance satisfactory to Washington Mutual and Washington Mutual’s counsel): (a) 33.1 Execution and delivery by Seller and Guarantor of this Amendment to Washington Mutual; and (b) 33.2 Execution and/or delivery of all other agreements, instruments and documents requested by Washington Mutual to effectuate and implement the terms hereof and the Existing Purchase Documents.

Appears in 1 contract

Sources: Mortgage Loan Purchase and Sale Agreement (National Credit & Guaranty CORP)