Effectiveness Clause Example from Business Contracts

This example Effectiveness clause appears in 2 contracts from 1 company

Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery to Collateral Agent and Lenders of this Amendment by each party hereto, and (b) Borrower's payment of all Lenders' Expenses incurred through the date of this Amendment.
Found in Nuvectra Corp contract
Nuvectra Corp Contracts

Fourth Amendment to Loan and Security Agreement, dated February 27, 2019, among Nuvectra Corporation, Algostim, LLC, PelviStim LLC, and Oxford Finance LLC and Silicon Valley Bank (Filed With SEC on March 4, 2019)

Fifth Amendment to Loan and Security Agreement, dated April 22, 2019, among Nuvectra Corporation, Algostim LLC, and Pelvistim LLC and Oxford Finance LLC and Silicon Valley Bank (Filed With SEC on April 26, 2019)