Execution of Operative Agreements. At or before the Closing, the Operative Agreements shall have been duly executed and delivered by the parties thereto and shall be in full force and effect, and no default shall exist in the performance by any party thereto (other than such Participant) of any of its obligations thereunder.
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Execution of Operative Agreements. At or before the Closing, the --------------------------------- Operative Agreements shall have been duly executed and delivered by the parties thereto and shall be in full force and effect, and no default shall exist in the performance by any party thereto (other than such Participant) of any of its obligations thereunder.
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