Effectiveness Contract Clauses (4,634)

Effectiveness. The obligations of the Company under this Agreement are effective as of the date hereof and will cease to be effective automatically on the date (the "Voting Deadline Date") that is ten (10) days prior to the commencement date of the confirmation hearing in the Chapter 11 Cases, unless, prior to the Voting Deadline Date, each of the CEC Requisite Vote, the CAC Requisite Vote (each as defined in the Merger Agreement) and each other vote of shareholders of CEC or CAC required by the Merger... Agreement or applicable Law (collectively, the "Shareholder Votes") shall have been validly obtained; provided that the Voting Deadline Date may be extended or waived by CEOC in writing in its sole discretion. 16 10. Cooperation. The Company shall use commercially reasonable efforts to provide to counsel for CAC (a) drafts of all material motions, applications (other than applications seeking to retain professional advisors), and other documents the Company intends to file with the Bankruptcy Court, no less than three (3) Business Days before the date when the Company intends to file any such document unless such advance notice is impossible or impracticable under the circumstances. View More

Effectiveness. The obligations of the Company under this Agreement are effective as of the date hereof and will cease to be effective automatically on the date (the "Voting Deadline Date") that is ten (10) days prior to the commencement date of the confirmation hearing in the Chapter 11 Cases, unless, prior to the Voting Deadline Date, each of the CEC Requisite Vote, the CAC Requisite Vote (each as defined in the Merger Agreement) and each other vote of shareholders of CEC or CAC required by the Merger... Agreement or applicable Law (collectively, the "Shareholder Votes") shall have been validly obtained; provided that the Voting Deadline Date may be extended or waived by CEOC in writing in its sole discretion. 16 10. Cooperation. The Company shall use commercially reasonable efforts to provide to counsel for CAC (a) drafts of all material motions, applications (other than applications seeking to retain professional advisors), and other documents the Company intends to file with the Bankruptcy Court, no less than three (3) Business Days before the date when the Company intends to file any such document unless such advance notice is impossible or impracticable under the circumstances. View More

Effectiveness. This Agreement shall be a binding obligation of the parties as of the date hereof but shall not be effective until the Effective Time; provided, that, prior to the Effective Time GS will continue to have all rights provided in the Warrant. This Agreement shall automatically terminate and be void ab initio without further action if a Qualified Offering is not consummated on or prior to December 31, 2016 February 28, 2017 (or if the Offering is consummated and the Offering does not constitute a... Qualified Offering). View More

Effectiveness. This Agreement shall be a binding obligation of the parties as of the date hereof but shall not be effective until the Effective Time; provided, that, prior to the Effective Time GS will continue to have all rights provided in the Warrant. This Agreement shall automatically terminate and be void ab initio without further action if a Qualified Offering is not consummated on or prior to December 31, 2016 February 28, 2017 (or if the Offering is consummated and the Offering does not constitute a... Qualified Offering). View More

Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, (b) updated Secretary's Corporate Borrowing Certificates for each Borrower (with updated attachments, if necessary), (c) Certificates of Good Standing and Foreign Qualification, as applicable, (d)executed Subordination Agreement in favor of Bank, (e) (d) updated evidence of insurance, (f) termination of UCC-1 Financing Statements in favor of Partners For Growth, (g) form and substance acceptable to Bank, (e) payment by Borrower of the (i) a non-refundable Term Loan 2014 2015 commitment fee in an amount equal to Ten Twenty Thousand Dollars ($10,000), ($20,000) and (ii) an non-refundable amendment fee equal to Five Thousand Dollars ($5,000), which commitment fee and amendment fee shall be fully-earned when paid, and (h) (f) payment of Bank's legal fees and expenses incurred in connection with the existing Loan Documents and this Amendment. View More

Effectiveness. This Amendment shall be deemed effective upon (a) the due execution and delivery to Bank of this Amendment by each party hereto, (b) updated Secretary's Corporate Borrowing Certificates for each Borrower (with updated attachments, if necessary), (c) Certificates of Good Standing and Foreign Qualification, as applicable, (d)executed Subordination Agreement in favor of Bank, (e) (d) updated evidence of insurance, (f) termination of UCC-1 Financing Statements in favor of Partners For Growth, (g) form and substance acceptable to Bank, (e) payment by Borrower of the (i) a non-refundable Term Loan 2014 2015 commitment fee in an amount equal to Ten Twenty Thousand Dollars ($10,000), ($20,000) and (ii) an non-refundable amendment fee equal to Five Thousand Dollars ($5,000), which commitment fee and amendment fee shall be fully-earned when paid, and (h) (f) payment of Bank's legal fees and expenses incurred in connection with the existing Loan Documents and this Amendment. View More

Effectiveness. This Amendment shall become effective upon the Administrative Agent receiving this Amendment duly executed by the Borrower Company and the Majority Lenders.

Effectiveness. This Amendment shall become effective upon the Administrative Agent receiving this Amendment duly executed by the Borrower Company and the Majority Lenders.