Effectiveness Ratification Sample Clauses

The 'Effectiveness; Ratification' clause establishes when an agreement becomes legally binding and enforceable, typically upon the completion of certain formalities such as signatures or approvals by the relevant parties. In practice, this clause may specify that the contract is not effective until all parties have signed or until a governing body or board has formally ratified the agreement. Its core function is to ensure that all parties are aware of the exact moment the contract takes effect, thereby preventing misunderstandings or disputes about the enforceability of the agreement prior to ratification.
Effectiveness Ratification. This Supplement shall become effective upon the later of (a) the receipt of this Agreement by the First Lien Agent and the Second Lien Agent and (b) the Borrowing Date, and from and after the date hereof, the Pari Passu Lenders and the Agent shall constitute “Pari Passu Indebtedness Secured Parties” and “Second Lien Creditors” under the Intercreditor Agreement. Any and all references to the “Intercreditor Agreement” in the First Lien Loan Agreements and the Second Lien Documents shall mean the Intercreditor Agreement, as supplemented hereby. Except as supplemented by this Supplement, the Intercreditor Agreement remains unmodified and in full force and effect and is hereby ratified, approved and confirmed as of the date hereof.
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Effectiveness Ratification. This Acknowledgment shall become effective upon the later of (a) the receipt of this Acknowledgment by the Second Priority Collateral Agent and the Second Priority Claimholders and (b) the Borrowing Date, and from and after the date hereof, the New First Priority Obligations Agent and the Holders shall constitute “First Priority Claimholders” under the Intercreditor Agreement. Any and all references to the “Intercreditor Agreement” in the First Priority Loan Documents and the Second Priority Loan Documents shall mean the Intercreditor Agreement, as modified by this Acknowledgment hereby. Except as modified by this Acknowledgment, the Intercreditor Agreement remains unmodified and in full force and effect and is hereby ratified, approved and confirmed as of the date hereof.
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Effectiveness Ratification. This Supplement shall become effective upon the later of (a) the receipt of this Supplement by the First Priority Collateral Agent and the Second Priority Collateral Agent and (b) the Borrowing Date, and from and after the date hereof, the Other Second Priority Obligations Agent and the Holders shall constitute “Additional Secured Parties” and “Second Priority Claimholders” under the Intercreditor Agreement. Any and all references to the “Intercreditor Agreement” in the First Priority Loan Documents and the Second Priority Loan Documents shall mean the Intercreditor Agreement, as supplemented hereby. Except as supplemented by this Supplement, the Intercreditor Agreement remains unmodified and in full force and effect and is hereby ratified, approved and confirmed as of the date hereof.
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Effectiveness Ratification. This Amendment shall become effective as of the Effective Date. Except as expressly amended by this Amendment, the provisions, terms and conditions in the Lease Agreement shall remain unchanged and shall continue in full force and effect. Lessor and Lessee hereby ratify and affirm the Lease Agreement as modified by this Amendment.
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Effectiveness Ratification. This Agreement is executed by the Borrowers, the Lenders and the Joint Obligors, and the parties hereby agree to ratify this Agreement before a public notary within the next ten (10) Business Days of the date of execution. This Agreement dated August 1, 2013 is entered into by the Parties in Mexico City, Federal District. By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Representante legal Title: Representante legal By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ SAN ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ San ▇▇▇▇▇▇ Title: Representante legal Title: Representante legal By: /S/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ By: /S/ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Representante legal Title: Representante legal By: /S/ ▇▇▇▇▇ DEL ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ del ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Title: Delegado Fiduciario DIVISIÓN FIDUCIARIA, AS TRUSTEE OF TRUST F/[—] By: /S/ ▇▇▇▇▇ DEL ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ del ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Title: Delegado Fiduciario By: /S/ MARIO ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: Mario ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Attorney-in-fact By: /S/ MARIO ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: Mario ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Attorney-in-fact REVOLVING CREDIT LINE AGREEMENT (THE “AGREEMENT”) DATED AUGUST 1, 2013, ENTERED INTO BY AND BETWEEN DEUTSCHE ▇▇▇▇ ▇▇▇▇▇▇, S.A., INSTITUCIÓN DE BANCA MÚLTIPLE, DIVISIÓN FIDUCIARIA, ACTING SOLELY AS TRUSTEE OF TRUST NUMBER F/1498, REPRESENTED HEREIN BY [*] (HEREINFATER THE “A BORROWER”);(II) DEUTSCHE ▇▇▇▇ ▇▇▇▇▇▇, S.A., INSTITUCIÓN DE BANCA MÚLTIPLE, DIVISIÓN FIDUCIARIA, ACTING SOLELY AS TRUSTEE OF TRUST NUMBER F/1711, REPRESENTED HEREIN BY [*] (HEREINAFTER THE “B BORROWER” AND TOGETHER WITH THE A BORROWER THE “BORROWERS”), (III) BANCO SANTANDER (MEXICO), S.A., INSTITUCIÓN DE BANCA MÚTLIPLE, GRUPO FINANCIERO SANTANDER (MÉXICO), REPRESENTED HEREIN BY MR. [*]AND [*] (“SANTANDER”, OR THE “AGENT” AS APPLICABLE) AS LENDER AND ADMINISTRATIVE AGENT AND (IV) BANCO NACIONAL DE COMERCIO EXTERIOR, S.N.C. (“BANCOMEXT”), REPRESENTED HEREIN BY [*]AND [*], AS LENDER (HEREINAFTER REFFERRED TO COLLECTIVELY AS THE “LENDERS”, OR INDIVIDUALLY AS THE “LENDER”); (V) CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V. REPRESENTED HEREIN BY [*] AND CONCESIONARIA VUELA COMPAÑÍA DE AVIACIÓN, S.A.P.I. DE C.V. REPRESENTED HEREIN BY [*] (HEREINAFTER “CONTROLADORA” AND “CONCESIONARIA”, RESPE...
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Effectiveness Ratification. This Amendment shall become effective as of the Effective Date. Except as expressly amended by this Amendment, the provisions, terms and conditions in the Agreement shall remain unchanged and shall continue in full force and effect. City and WJCT hereby ratify and affirm the Agreement as modified by this Amendment.
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Effectiveness Ratification. The provisions of this Agreement shall become effective as of the date hereof and shall be binding upon and inure to the benefit of the parties to this Agreement. Except as amended hereby, the Stock Option Agreement shall remain in full force and effect.
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Effectiveness Ratification 
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Related to Effectiveness Ratification

  • Effectiveness of Registration Statement The Registration Statement, including any Rule 462(b) Registration Statement, has become effective and at Closing Time no stop order suspending the effectiveness of the Registration Statement shall have been issued under the 1933 Act or proceedings therefor initiated or threatened by the Commission, and any request on the part of the Commission for additional information shall have been complied with to the reasonable satisfaction of counsel to the Underwriters. A prospectus containing the Rule 430A Information shall have been filed with the Commission in accordance with Rule 424(b) (or a post-effective amendment providing such information shall have been filed and declared effective in accordance with the requirements of Rule 430A) or, if the Company has elected to rely upon Rule 434, a Term Sheet shall have been filed with the Commission in accordance with Rule 424(b).

  • Effectiveness; Term This Agreement will be effective and binding as of the date first above written immediately upon its execution, but, anything in this Agreement to the contrary notwithstanding, this Agreement will not be operative unless and until a Change in Control occurs. Upon the

  • Effectiveness of Amendment This Amendment shall become effective as of the date hereof (the “Amendment Effective Date”).

  • Effectiveness of Agreement This Agreement shall become effective upon the execution and delivery hereof by the parties hereto.

  • Effectiveness of Registration The Registration Statement, any Rule 462 Registration Statement and any post-effective amendment thereto have been declared effective by the Commission under the Act or have become effective pursuant to Rule 462 of the Rules and Regulations. The Company has responded to all requests, if any, of the Commission for additional or supplemental information. No stop order suspending the effectiveness of the Registration Statement or any Rule 462 Registration Statement is in effect and no proceedings for such purpose have been instituted or are pending or, to the knowledge of the Company, are threatened by the Commission.