The "Agreement in Full Force and Effect" clause affirms that the contract is valid, enforceable, and remains active according to its terms. It ensures parties are aware that all provisions are operative and applicable unless otherwise modified or terminated by mutual consent.
Loan Agreement in full force and effect. The Loan Agreement as amended by this document is and continues to be in full force and effect.
Agreement in Full Force and Effect. The Agreement shall otherwise remain in full force and effect and enforceable in accordance with its express terms.
Except as expressly amended by this letter agreement, the Warrant and Original Letter Agreement in full force and effect in accordance with the provisions thereof. This letter agreement is governed by and shall be construed and enforced in accordance with the laws of the State of California without regard to principles of conflicts of law.
Retention Agreement in Full Force and Effect. All provisions of the Retention Agreement shall remain in full force and effect except as expressly modified by this Amendment.
Agreement in Full Force and Effect. Except as specifically modified by this Amendment, the terms and conditions of the Agreement shall remain in full force and effect, and the Agreement, as amended by this Amendment, and all of its terms, including but not limited to any warranties and representations set forth therein, if any, are hereby ratified and confirmed by the Fund and DST as of the Effective Date.
Subscription Agreement in Full Force and Effect. Except as expressly amended by this Amendment, this Amendment shall not constitute a waiver or amendment of any term or condition of the Subscription Agreement, or the documents delivered pursuant thereto, and all such terms and conditions shall remain in full force and effect and are hereby ratified and confirmed in all respects. Upon the execution hereof, this Amendment and the Subscription Agreement shall constitute one agreement. On and after the date hereof, each reference in the Subscription Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import referring to the Subscription Agreement, and each reference to the Subscription Agreement in any other agreements, documents or instruments executed and delivered pursuant to or in connection with the Subscription Agreement, shall be deemed to mean and be a reference to the Subscription Agreement as amended by this Amendment. For the avoidance of doubt, references to the date of the Subscription Agreement, as amended by this Amendment, shall in all instances continue to refer to January 20, 2022, and references to “the date hereof” and “the date of this Agreement” shall continue to refer to January 20, 2022.
Agreement in Full Force and Effect as Amended. As specifically amended hereby, the Repurchase Agreement and each of the other Facility Documents remains in full force and effect. All references to the Repurchase Agreement or any other Facility Document shall be deemed to mean the Repurchase Agreement or such Facility Document as supplemented and amended pursuant to this Amendment. This Amendment shall not constitute a novation of the Repurchase Agreement or any other Facility Document, but is a supplement thereto. The parties hereto agree to be bound by the terms and conditions of the Repurchase Agreement and Facility Documents, each as amended or supplemented by this Amendment, to the same effect as if such terms and conditions were set forth herein verbatim.
Notwithstanding the forgoing, upon the occurrence of the events described in clauses (i), (ii) or (iii) of Section 5(a) above, the Boards of Directors of Unity and the Bank may, by joint resolution of both Boards, waive the termination of this Agreement and elect to maintain this Agreement in full force and effect, subject to the terms, including the term set forth in paragraph 5(a) above, of this Agreement.
If CDSG fails to achieve the Annual Work Commitment during any Agreement Year, and if such failure is not excused by an Event of Force Majeure, then, in order to keep this Agreement in full force and effect, within 30 days after the end of such Agreement Year, CDSG may elect to make a payment to AMLM which shall equal the amount of the Annual Work Commitment for that agreement Year less the Exploration and Development Expenses actually incurred by CDSG during that Agreement Year. Any such payment shall satisfy the Annual Work Commitment for the Agreement Year to which the payment relates.
Agreement in Full Force and Effect as Amended. Except as specifically amended hereby, all provisions of the Agreement shall remain in full force and effect. This Amendment shall not be deemed to expressly or impliedly waive, amend or supplement any provision of the Agreement other than as expressly set forth herein and shall not constitute a novation of the Agreement.
Product Distributor will maintain all registrations, qualifications and memberships required by the terms of this Agreement in full force and effect throughout the term of this Agreement.
Consent. The Company and Listco hereby (a) consent to the resignation of the Existing Warrant Agent and the assignment of the Warrant Agreement by the Existing Warrant Agent to Equiniti pursuant to Section 1.1 hereof effective as of the Effective Date, (b) waive the notice requirement pursuant to Section 8.2.1 of the Warrant Agreement, and (c) consent to the assumption of the Warrant Agreement by Equiniti from the Existing Warrant Agent pursuant to Section 1.1 hereof effective as of the Effective Date, and to the continuation of the Warrant Agreement in full force and effect from and after the Effective Date, subject at all times to the Warrant Agreement and to all of the provisions, covenants, agreements, terms and conditions of the Warrant Agreement and this Agreement.
Consent. The Optionee hereby consents to the assignment of the Existing Option Agreement by the Company to Pubco pursuant to Section 1.1 hereof effective as of the Merger Effective Time, and the assumption of the Existing Option Agreement by Pubco from the Company pursuant to Section 1.1 hereof effective as of the Merger Effective Time, and to the continuation of the Existing Option Agreement in full force and effect from and after the Merger Effective Time, subject at all times to the Existing Option Agreement (as amended hereby) and to all of the provisions, covenants, agreements, terms and conditions of the Existing Option Agreement and this Agreement.
Assignor will not without the prior written consent of Assignee, modify, amend, alter, change, cancel or terminate the Assignment Agreement except to the extent Assignor in its sole but reasonable discretion determines is necessary to file and other proceedings or miscellaneous filings in order to protect title to the Assignment Agreement or as necessary and proper to keep the Assignment Agreement in full force and effect.
Agreement in Full Force and Effect. Except as specifically amended herein, the Agreement shall continue in full force and effect in accordance with its original terms and the Liens created and provided for by the Facility Documents remain in full force and effect and continue to secure, among other things, the performance of all of the Borrower’s Obligations under the Facility Documents and the Agreement as amended hereby. Reference to this specific Amendment need not be made in the Agreement or any other instrument or document executed in connection therewith, or in any certificate, letter or communication issued or made pursuant to or with respect to the Agreement, any reference in any of such items to the Agreement being sufficient to refer to the Agreement as amended hereby.
No Novation, Agreement in Full Force and Effect as Amended. The parties hereto have entered into this Amendment solely to amend the terms of the Master Repurchase Agreement and do not intend this Amendment or the transactions contemplated hereby to be, and this Amendment and the transactions contemplated hereby shall not be construed to be, a novation of any of the obligations owing by Seller or any other party under or in connection with the Master Repurchase Agreement or any of the other Program Agreements. It is the intention and agreement of each of the parties hereto that (i) the perfection and priority of all security interests securing the payment of the Obligations of the parties under the Master Repurchase Agreement are preserved, (ii) the liens and security interests granted under the Master Repurchase Agreement continue in full force and effect, and (iii) any reference to the Master Repurchase Agreement in any Program Agreements shall be deemed to reference to this Amendment.
“Agreement in full force and effect” is a legal phrase typically used in contracts to affirm that an agreement is still valid, enforceable, and binding on all parties involved. It indicates that the terms and conditions outlined in the contract remain operational and applicable at a given point in time, without any suspensions or modifications unless explicitly stated otherwise.
This phrase should be used when you need to confirm the ongoing validity of a contract. This is especially important during amendments, renewals, or any situation where the contract’s status might be questioned. It reassures the parties that the agreement remains effective and can be legally enforced, usually before executing additional actions or processes based on the agreement.
When incorporating this phrase into legal documents, it typically appears as a clause in a contract or an amendment statement. The wording needs to be clear and precise to avoid any ambiguity. Here’s an example:
“This Agreement shall remain in full force and effect unless terminated as provided herein.”
Alternatively, it can be used in a present-tense confirmation, like:
“The parties confirm that this Agreement is currently in full force and effect.”
Various types of contracts include this phrase to emphasize their validity and enforceability. Common contracts where you may find this clause include:
These contracts use the phrase to maintain clarity and protect both parties’ interests by confirming the active status of the agreement.
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Dive deeper into the world of clauses and learn more about these other clauses that are used in real contracts.
An "Agreement in Principle" clause signifies a preliminary agreement between parties on the fundamental terms and conditions of a future contract, indicating mutual understanding but not yet legally binding. This clause outlines the basic framework and intentions, pending further detailed negotiations and formalization.
An "Agreement null and void" clause stipulates that the contract or certain provisions within it will have no legal effect if specific conditions or contingencies are not met. This clause serves to protect the parties by voiding the agreement entirely or partially if predetermined circumstances arise, ensuring neither party is bound under such situations.
An AIP (Annual Incentive Plan) bonus clause typically outlines the conditions under which an employee is eligible to receive a performance-based bonus, usually tied to achieving specific individual, departmental, or company-wide goals within a fiscal year. This clause may detail criteria such as performance metrics, payout percentages, timing of disbursement, and any contingencies that could affect bonus eligibility or amounts.
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