Effectiveness Clause Example with 9 Variations from Business Contracts

This page contains Effectiveness 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.
Effectiveness. The effectiveness of this Amendment is subject to receipt by Buyer of the following: (a) Amendment. This Amendment, duly executed and delivered by Seller and Buyer. (b) Responsible Officer Certificate. A signed certificate from a Responsible Officer of Seller certifying: (i) that no amendments have been made to the organizational documents of Seller since January 26, 2018, unless otherwise stated therein; and (ii) the authority of Seller to execute and deliver this Amendment and the other Transa...ction Documents to be executed and delivered in connection with this Amendment. (c) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the Seller. (d) Fees. Payment by Seller of the actual costs and expenses, including, without limitation, the reasonable fees and expenses of counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. View More

Variations of a "Effectiveness" Clause from Business Contracts

Effectiveness. The effectiveness of this Amendment is subject to to, as applicable, receipt by Buyer of the following: following items listed in clauses (a) Amendment. through (e) below. (a) Amendments. (i) This Amendment, Amendment duly executed and delivered by each Seller, Pledgor, Guarantor and Buyer and (ii) the Fee Letter Amendment duly executed and delivered by each Seller and Buyer. (b) Responsible Officer Certificate. A signed certificate from a Responsible Officer of each Seller certifying: (i) that ...no amendments have been made relating to the organizational documents each Seller's execution and delivery of Seller since January 26, 2018, unless otherwise stated therein; and (ii) the authority of Seller to execute and deliver this Amendment and the other Transaction Documents to be executed and delivered in connection with this Amendment, in substantially the form of the "Officer's Certificate" dated October 31, 2018 in connection with the aforementioned Second Amendment to Amended and Restated Master Repurchase Agreement. (c) Opinion. A legal opinion of counsel to the Sellers as to authority, enforceability and non-contravention of organizational documents and law with respect to this Amendment. (c) (d) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the each Seller. (d) (e) Fees. Payment by Seller Sellers of (i) the Extension Fee due on the date hereof to Buyer and (ii) the actual costs and expenses, including, without limitation, the reasonable fees and expenses of 2 counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. View More
Effectiveness. The effectiveness of this Amendment is subject to to, as applicable, receipt by Buyer of the following: following items listed in clauses (a) Amendment. through (e) below. (a) Amendments. (i) This Amendment, Amendment duly executed and delivered by each Seller, Pledgor, Guarantor and Buyer and (ii) the Fee Letter Amendment duly executed and delivered by each Seller and Buyer. (b) Responsible Officer Certificate. A signed certificate from a Responsible Officer of each Seller certifying: (i) that ...no amendments have been made relating to the organizational documents each Seller's execution and delivery of Seller since January 26, 2018, unless otherwise stated therein; and (ii) the authority of Seller to execute and deliver this Amendment and the other Transaction Documents to be executed and delivered in connection with this Amendment. Amendment, in substantially the form 2 of the "Officer's Certificate" dated June 30, 2021 in connection with the aforementioned Fourth Amendment to Amended and Restated Master Repurchase Agreement. (c) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the each Seller. (d) Fees. Payment by Seller Sellers of (i) the Extension Fee due on the date hereof to Buyer and (ii) the actual costs and expenses, including, without limitation, the reasonable fees and expenses of counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. View More
Effectiveness. The effectiveness of this Amendment is subject to receipt by Buyer of the following: (a) Amendment. This Amendment, duly executed and delivered by Seller Sellers, Guarantor and Buyer. (b) Amendment to Fee Letter. The Fifth Amendment to Fee Letter, dated as of the date hereof, by and between Buyer and Sellers. (c) Responsible Officer Certificate. A signed certificate from a Responsible Officer of Seller certifying: (i) that no amendments have been made to the organizational documents of Seller si...nce January 26, 2018, Seller, Pledgor and Guarantor, unless otherwise stated therein; and (ii) the authority of Seller and Guarantor to execute and deliver this Amendment and the other Transaction Documents to be executed and delivered in connection with this Amendment. (c) (d) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the Seller. (d) Fees. Seller, Pledgor and Guarantor. (e) Legal Opinion. Opinions of outside counsel to Seller and Guarantor reasonably acceptable to Buyer as to such matters as Buyer may reasonably request. (f) Buyer's Costs. Payment by Seller Sellers of the actual costs and expenses, including, without limitation, the reasonable fees and expenses of counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. View More
Effectiveness. The effectiveness of this Amendment is subject to receipt by Buyer of the following: (a) Amendment. This Amendment, duly executed and delivered by Seller each Seller, Pledgor, Guarantor and Buyer. (b) Responsible Officer Certificate. A signed certificate from a Responsible Officer of each Seller certifying: (i) that no amendments have been made relating to the organizational documents each Seller's execution and delivery of Seller since January 26, 2018, unless otherwise stated therein; and (ii)... the authority of Seller to execute and deliver this Amendment and the other Transaction Documents to be executed and delivered in connection with this Amendment. Amendment, in substantially the form of the "Officer's Certificate" dated July 31, 2018 in connection with the aforementioned First Amendment to Amended and Restated Master Repurchase Agreement. (c) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the each Seller. (d) Fees. Payment by Seller Sellers of the actual costs and expenses, including, without limitation, the reasonable fees and expenses of counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. View More
Effectiveness. The effectiveness of this Amendment is subject to receipt by Buyer Buyer, of the following: (a) following:(a) Amendment. This Amendment, duly executed and delivered by Seller Seller, Guarantor and Buyer. (b) Responsible Officer Certificate. A signed certificate from a Responsible Officer of Seller certifying: (i) that no amendments have been made to the organizational documents of Seller since January 26, 2018, unless otherwise stated therein; and (ii) the authority of Seller to execute and deli...ver this Amendment and the other Transaction Documents to be executed and delivered in connection with this Amendment. (c) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the Seller. (d) Buyer.(b) Fees. Payment by Seller of the actual costs and expenses, including, without limitation, the reasonable fees and expenses of counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. (c) Responsible Officer Certificate. A signed Officer's Certificate of Seller certifying: (i) that no amendments have been made to the organizational documents of Seller and Guarantor since January 16, 2020, unless otherwise stated therein; and (ii) the authority of Seller and Guarantor to execute and deliver this Amendment and the other Transaction Documents to be executed and delivered in connection with this Amendment. (d) Good Standing. Certificates of existence and good standing for the Seller and Guarantor. (e) Legal Opinions. Opinions of outside counsel to Seller reasonably acceptable to Buyer as to such matters as Buyer may reasonably request. View More
Effectiveness. The effectiveness of this This Amendment is effective as of the Effective Date subject to receipt by Buyer of the following: (a) Amendment. This Amendment, duly executed and delivered by Seller Guarantor and Buyer. (b) Responsible Officer Certificate. A signed certificate from a Responsible Officer of Seller Guarantor certifying: (i) that no amendments have been made to the organizational documents of Seller Guarantor since January 26, 2018, unless otherwise stated therein; and (ii) the authorit...y of Seller Guarantor to execute and deliver this Amendment and the other Transaction Documents to be executed and delivered in connection with this Amendment. (c) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the Seller. Guarantor. (d) Fees. Payment by Seller of the actual costs and expenses, including, without limitation, the reasonable fees and expenses of counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. View More
Effectiveness. The effectiveness of this Amendment is subject to receipt by Buyer of the following: (a) Amendment. This Amendment, duly executed and delivered by Seller and Buyer, and acknowledged by Guarantor. (b) Fee Letter Amendment. The Third Amendment to Fee Letter, duly executed and delivered by Seller and Buyer. (b) (c) Responsible Officer Certificate. A signed certificate from a Responsible Officer of Seller certifying: (i) that no amendments have been made to the organizational documents of Seller Sel...ler, Pledgor or Guarantor since January 26, 2018, unless otherwise stated therein; and (ii) the authority of Seller to execute and deliver this Amendment and the other Transaction Documents to be executed and delivered in connection with this Amendment. (c) 8 (d) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the Seller. (d) Seller, Pledgor and Guarantor. (e) Legal Opinion. Opinions of outside counsel to Seller reasonably acceptable to Buyer as to such matters as Buyer may reasonably request, provided, that the execution of this Amendment by Buyer shall evidence satisfaction of this condition. (f) Fees. Payment by Seller of the actual costs and expenses, including, without limitation, the reasonable fees and expenses of counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. View More
Effectiveness. The effectiveness of this Amendment is subject to receipt by Buyer of the following: (a) Amendment. This Amendment, duly executed and delivered by Seller and Buyer. (b) Responsible Officer Certificate. A signed certificate from a Responsible Officer of Seller certifying: (i) that no amendments have been made to the organizational documents of Seller since January 26, 2018, unless otherwise stated therein; and (ii) the authority of Seller to execute and deliver this Amendment and the other Transa...ction Documents to be executed and delivered in connection with this Amendment. (c) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the Seller. (d) Legal Opinion. Opinions of outside counsel to Seller reasonably acceptable to Buyer as to such matters as Buyer may reasonably request, provided, that the execution of this Amendment by Buyer shall evidence satisfaction of this condition. 2 (e) Fees. Payment by Seller of the actual costs and expenses, including, without limitation, the reasonable fees and expenses of counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. View More
Effectiveness. The effectiveness of this Amendment is subject to receipt by Buyer of the following: (a) Amendment. This Amendment, duly executed and delivered by Seller and Buyer. (b) Responsible Officer Certificate. A signed certificate from a Responsible Officer of Seller certifying: (i) that no amendments have been made to the organizational documents of Seller since January 26, 2018, unless otherwise stated therein; and (ii) the authority of Seller to execute and deliver this Amendment and the other Transa...ction Documents to be executed and delivered in connection with this Amendment. (c) Good Standing. Certificates of existence and good standing and/or qualification to engage in business for the Seller. (d) Legal Opinion. Opinions of outside counsel to Seller reasonably acceptable to Buyer as to such matters as Buyer may reasonably request, provided, that the execution of this Amendment by Buyer shall evidence satisfaction of this condition. (e) Fees. Payment by Seller of the actual costs and expenses, including, without limitation, the reasonable fees and expenses of counsel to Buyer, incurred by Buyer in connection with this Amendment and the transactions contemplated hereby. View More