Common use of Forbearance Effective Date Clause in Contracts

Forbearance Effective Date. This Agreement shall become effective as of the date first set forth above (the “Forbearance Effective Date”) on the first date on which all of the following conditions have been satisfied or waived by the Administrative Agent and the Majority Lenders:

Appears in 6 contracts

Sources: Limited Waiver and Second Forbearance Agreement, Limited Waiver and Third Forbearance Agreement, Limited Waiver and Fourth Forbearance Agreement (Rex Energy Corp)

Forbearance Effective Date. This Agreement shall become effective as of the date first set forth above (the “Forbearance Effective Date”) on the first date on which all of the following conditions have been satisfied or waived by the Administrative Agent and the Majority Required Lenders:

Appears in 3 contracts

Sources: Term Loan Forbearance Agreement (Weatherford International PLC), Forbearance Agreement (Weatherford International PLC), 364 Day Revolving Credit Forbearance Agreement (Weatherford International PLC)