Effectiveness Clause Example with 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. This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, (b) the due execution and delivery to Bank of updated Borrowing Resolutions of Borrower and (c) Borrower's payment of all Bank Expenses incurred through the date of this Amendment, which may be debited from any of Borrower's accounts with Bank.

Variations of a "Effectiveness" Clause from Business Contracts

Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, and (b) the due execution and delivery to Bank of updated Borrowing Resolutions of Borrower and (c) Borrower's payment of all Bank Expenses incurred through due and owing as of the date of this Amendment, hereof, which may be debited from any of Borrower's accounts with at Bank.
Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, (b) the due execution and delivery to Bank of updated Borrowing Resolutions of for Borrower and (c) Borrower's payment of all Bank Expenses incurred through the date of this Amendment, which may be debited from any of Borrower's accounts with at Bank.
Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, (b) the due execution and delivery to Bank of updated Borrowing Resolutions of Borrower Borrower, (c) Borrower's payment of a non-refundable amendment fee equal to Five Thousand Dollars ($5,000), which may be debited from any of Borrower's accounts with Bank and (c) (d) Borrower's payment of all Bank Expenses incurred through the date of this Amendment, which may be de...bited from any of Borrower's accounts with Bank. View More Arrow
Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, (b) the due execution and delivery to Bank of updated Borrowing Resolutions of for Borrower and (c) Borrower's Borrower' s payment of all Bank Expenses incurred through the date of this Amendment, hereof, which may be debited from any of Borrower's Borrowers' accounts with at Bank.