Examples of Existing Credit Agreement in a sentence
This Agreement continues in effect the Existing Credit Agreement, and the Existing Credit Agreement shall be amended and restated in its entirety by the terms and provisions of this Agreement, which shall supersede all terms and provisions of the Existing Credit Agreement effective from and after the Restatement Effective Date.
It is the intention of the Borrower and the Lenders that while this Agreement amends, restates, replaces and supersedes, in its entirety, the indebtedness evidenced by the Existing Credit Agreement and the related credit documents, this Agreement is not in payment or satisfaction of the Existing Credit Agreement and related credit documents, but rather is in substitution of one evidence of debt for another.
This Agreement amends, restates, replaces and supersedes, in its entirety, the Existing Credit Agreement (as defined in the Recitals to this Agreement).
On the Fifth Amendment Effective Date, the 2024 Replacement Revolving Credit Commitments shall replace the Initial Revolving Credit Commitments under the Existing Credit Agreement in full, and the Initial Revolving Credit Commitments shall be terminated.
Borrower, Lenders and Agent wish to amend and restate the Existing Credit Agreement as set forth herein by, among other things, (i) reallocating the Lender Commitments, (ii) extending the Maturity Date, and (iii) modifying certain covenants and other provisions of the Existing Credit Agreement.