Common use of Acknowledgment by the Secured Debt Representatives Clause in Contracts

Acknowledgment by the Secured Debt Representatives. Each of the Revolver Agent, for itself and on behalf of the other Revolver Secured Parties and the Term Loan Agent, for itself and on behalf of the other Term Loan Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to amend the Original Revolver Credit Agreement, to permit the incurrence of the Term Loan Debt and to enter into the Original Term Loan Credit Agreement, as applicable, and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 2 contracts

Sources: Term Loan Agreement (Chesapeake Energy Corp), Collateral Trust Agreement (Chesapeake Energy Corp)

Acknowledgment by the Secured Debt Representatives. Each of the Revolver Agent, for itself and on behalf of the other Revolver Secured Parties and the Term Loan each FLLO Agent, for itself and on behalf of the other Term Loan FLLO Secured Parties, hereby acknowledges that this Agreement is a material inducement to enter into a business relationship, that each has relied on this Agreement to amend the Original Revolver Credit Agreement, to permit the incurrence of the Term Loan FLLO Debt and to enter into the Original Term Loan Credit Agreement, as applicable, Agreement and all documentation related thereto, and that each will continue to rely on this Agreement in their related future dealings.

Appears in 1 contract

Sources: Collateral Trust Agreement (Chesapeake Energy Corp)