Condition Precedent Clause Example with 12 Variations from Business Contracts

This page contains Condition Precedent clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Condition Precedent. Notwithstanding any contrary provision, this Amendment shall be effective on the first Business Day upon which all of the following conditions precedent have been satisfied (the "Effective Date"): (a) Lender shall have received counterparts of this Amendment executed by Borrower, Lender, and each other party set forth on the signature pages hereto, and the original executed Amended and Restated Note; (b) Lender shall have received satisfactory evidence that Borrower has paid the fees and expense...s of counsel described in Section 5; (c) No Default or Event of Default shall have occurred and be continuing or shall result after giving effect to this Amendment; (d) Lender shall have received (i) an officer's certificate of an authorized officer of Borrower certifying and attaching true and correct copies of its most recent Constituent documents and (ii) a certified copy, signed by Borrower's secretary, of a resolution of the board of directors of Borrower authorizing this Amendment and the Amended and Restated Promissory Note; (e) Lender shall have returned to Borrower, or to Borrower's attorney to be held in escrow, the original of the Original Note; and (f) Lender shall have received such other instruments and documents incidental and appropriate to the transactions provided for herein as Lender or its counsel may reasonably request, and all such documents shall be in form and substance satisfactory to Lender (it being agreed that execution of this Amendment by Lender shall evidence that the foregoing conditions have been fulfilled). View More
Found in loanDepot, Inc. contract

Variations of a "Condition Precedent" Clause from Business Contracts

Condition Precedent. Notwithstanding any contrary provision, this Amendment shall be effective on the first Business Day upon which all of the following conditions precedent have been satisfied (the "Effective Date"): (a) Lender shall have received counterparts of this Amendment executed by Borrower, Lender, and each other party set forth on the signature pages hereto, hereto; (b) Lender shall have received written consent from Freddie Mac, consenting to Borrower and Lender entering into this Amendment; and the orig...inal executed Amended and Restated Note; (b) Document3 (c) Lender shall have received satisfactory evidence that Borrower has paid the fees and expenses of counsel described in Section 5; (c) (d) No Default or Event of Default shall have occurred and be continuing or shall result after giving effect to this Amendment; (d) (e) Lender shall have received (i) an officer's certificate of an authorized officer of Borrower certifying and attaching true and correct copies of its most recent Constituent documents and (ii) a certified copy, signed by Borrower's secretary, of a resolution of the board of directors of Borrower authorizing this Amendment and the Amended and Restated Promissory Note; (e) Lender shall have returned to Borrower, or to Borrower's attorney to be held in escrow, the original of the Original Note; Amendment; and (f) Lender shall have received such other instruments and documents incidental and appropriate to the transactions provided for herein as Lender or its counsel may reasonably request, and all such documents shall be in form and substance satisfactory to Lender (it being agreed that execution of this Amendment by Lender shall evidence that the foregoing conditions have been fulfilled). View More
Found in loanDepot, Inc. contract
Condition Precedent. Notwithstanding any contrary provision, this Amendment shall be effective on the first Business Day upon which all of the following conditions precedent have been satisfied (the "Effective Date"): (a) Lender shall have received counterparts of this Amendment executed by Borrower, Lender, and each other party set forth on the signature pages hereto, and the original executed Second Amended and Restated Note; (b) Lender (b)Lender shall have received satisfactory evidence that Borrower has paid the... fees and expenses of counsel described in Section 5; (c) No (c)No Default or Event of Default shall have occurred and be continuing or shall result after giving effect to this Amendment; (d) Lender (d)Lender shall have received (i) an officer's certificate of an authorized officer of Borrower certifying and attaching true and correct copies of its most recent Constituent documents Documents and (ii) a certified copy, signed by Borrower's secretary, of a resolution of the board of directors of Borrower authorizing this Amendment and the Second Amended and Restated Promissory Note; (e) Lender and (e)Lender shall have returned to Borrower, or to Borrower's attorney to be held in escrow, the original received an opinion from counsel for Borrower covering due authorization, execution and delivery and enforceability of the Original Note; Amendment and (f) Lender the Second Amended and Restated Note. (f)Lender shall have received such other instruments and documents incidental and appropriate to the transactions provided for herein as Lender or its counsel may reasonably request, and all such documents shall be in form and substance satisfactory to Lender (it being agreed that execution of this Amendment by Lender shall evidence that the foregoing conditions have been fulfilled). View More
Found in First Foundation Inc. contract