Effectiveness Clause Example with 7 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, and (b) Borrower's payment of Bank's legal fees and expenses incurred in connection with this Amendment.

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) Borrower's payment of an extension fee in an amount equal to One Thousand Two Hundred Fifty Dollars ($1,250), and (c) payment of Bank's legal fees and expenses incurred in connection with the negotiation and preparation of this Amendment.
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) Borrower's payment of an amendment fee in an amount equal to Four Thousand One Hundred Twenty-Five Dollars ($4,125), and (c) payment of Bank's legal fees and expenses incurred in connection with the negotiation and preparation of this Amendment.
Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, (b) payment of an amendment fee to Bank in an amount equal to Five Thousand Dollars ($5,000), and (b) Borrower's (c) payment of Bank's legal fees and expenses incurred in connection with the negotiation and preparation of this Amendment.
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) Borrower's payment of an amendment fee in an amount equal to Fifty Thousand Dollars ($50,000), and (c) payment of Bank's legal fees and expenses incurred in connection with the negotiation and preparation of this Amendment.
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) Borrower's payment of Bank's legal fees and expenses incurred in connection with the negotiation and preparation of this Amendment.
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) Borrower's payment of Bank's legal fees and expenses a fee of Bank Expenses incurred in connection with this Amendment.
Effectiveness. This Amendment Agreement shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment Agreement by each party hereto, and (b) Borrower's payment of Bank's legal fees and expenses incurred in connection with this Amendment. Agreement.