Common use of Third Amendment Effective Date Clause in Contracts

Third Amendment Effective Date. This Third Amendment shall become effective (the "Third Amendment Effective Date") when the Agent shall have received counterparts of this Third Amendment, which collectively shall have been duly executed on behalf of each of the Borrower, the Guarantors, the Agent and the Required Lenders.

Appears in 1 contract

Sources: Loan Agreement (Renal Care Group Inc)

Third Amendment Effective Date. This Third Amendment shall become effective upon satisfaction of each of the following conditions: (i) Borrowers, Agent and Lenders shall have executed and delivered to each other this Third Amendment; and (ii) Any and all defaults and/or events of default existing under or with respect to the "Term Loan Documents, the IRB Indebtedness or the Existing Mortgage Indebtedness shall have been cured or waived to Agent’s reasonable satisfaction. The date on which each of the foregoing conditions precedent is satisfied shall be referred to as the “Third Amendment Effective Date") when the Agent shall have received counterparts of this Third Amendment, which collectively shall have been duly executed on behalf of each of the Borrower, the Guarantors, the Agent and the Required Lenders.

Appears in 1 contract

Sources: Loan and Security Agreement (Mfri Inc)

Third Amendment Effective Date. This Third Amendment shall become effective upon satisfaction of each of the following conditions: (i) Borrowers, Agent and Lenders shall have executed and delivered to each other this Third Amendment; (ii) Borrower shall have paid to Agent the waiver fee referred to in Section 5 of this Third Amendment. The date on which each of the foregoing conditions precedent is satisfied shall be referred to as the "Third Amendment Effective Date.") when the Agent shall have received counterparts of this Third Amendment, which collectively shall have been duly executed on behalf of each of the Borrower, the Guarantors, the Agent and the Required Lenders.

Appears in 1 contract

Sources: Loan and Security Agreement (Pw Eagle Inc)

Third Amendment Effective Date. This Third Amendment shall become effective when (i) Borrowers, Agent and each Lender shall have executed and delivered to each other this Third Amendment and (ii) Borrowers shall have paid to Agent, for the ratable benefit of Lenders, the amendment fee referred to in Section 10 of the Third Amendment. The date on which such foregoing condition precedent is satisfied shall be referred to as the "Third Amendment Effective Date.") when the Agent shall have received counterparts of this Third Amendment, which collectively shall have been duly executed on behalf of each of the Borrower, the Guarantors, the Agent and the Required Lenders.

Appears in 1 contract

Sources: Loan and Security Agreement (True Value Co)