Incremental Amendments. No incremental amendment, modification or waiver of this Agreement shall be effective unless the same shall be in writing and signed by the Noteholders, the Issuer and the Agent, and accompanied by opinions of counsel regarding enforceability and corporate matters, the appropriate resolutions and corporate documents of the Issuer and such other documents as the parties hereto may deem to be reasonably necessary to give effect to such amendment, modification or waiver contemplated thereby. For the avoidance of doubt, the parties hereto agree that all other conditions precedent to the effectiveness of this Agreement shall be deemed to be satisfied as of the September 23, 2003.
Appears in 1 contract
Sources: Loan Agreement (Cronos Group)
Incremental Amendments. No incremental amendment, modification or waiver of this Agreement shall be effective unless the same shall be in writing and signed by the Noteholders, the Issuer and the Agent, and accompanied by opinions of counsel regarding enforceability and corporate matters, the appropriate resolutions and corporate documents of the Issuer and such other documents as the parties hereto may deem to be reasonably necessary to give effect to such amendment, modification or waiver contemplated thereby. For the avoidance of doubt, the parties hereto agree that all other conditions precedent to the effectiveness of this Agreement shall be deemed to be satisfied as of the September 23August 1, 20032005.
ARTICLE XI [RESERVED]
Appears in 1 contract
Sources: Loan Agreement (Cronos Group)