Common use of Binding Effect; Continuing Agreement Clause in Contracts

Binding Effect; Continuing Agreement. (a) This Credit Agreement shall become effective at such time when all of the conditions set forth in Section 5.1 have been satisfied or waived by the Lenders and it shall have been executed by the Borrowers, the Agent and the Lenders, and thereafter this Credit Agreement shall be binding upon and inure to the benefit of the Borrowers, the Agent and each Lender and their respective successors and permitted assigns.

Appears in 5 contracts

Samples: Day Credit Agreement (Duke Energy Field Services LLC), Credit Agreement (Duke Energy Field Services Corp), Credit Agreement (Duke Energy Field Services LLC)

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Binding Effect; Continuing Agreement. (a) This Credit Agreement shall become effective at such time when all of the conditions set forth in Section 5.1 have been satisfied or waived by the Lenders and it shall have been executed by the BorrowersBorrower, the Administrative Agent and the Lenders, and thereafter this Credit Agreement shall be binding upon and inure to the benefit of the BorrowersBorrower, the Administrative Agent and each Lender and their respective successors and permitted assigns.

Appears in 4 contracts

Samples: Credit Agreement (Atmos Energy Corp), Credit Agreement (Atmos Energy Corp), Term Credit Agreement (Atmos Energy Corp)

Binding Effect; Continuing Agreement. (a) This Credit Agreement shall become effective at such time when all of the conditions set forth in Section 5.1 have been satisfied or waived by the Lenders and it shall have been executed by the BorrowersBorrower, the Agent and the Lenders, and thereafter this Credit Agreement shall be binding upon and inure to the benefit of the BorrowersBorrower, the Agent and each Lender and their respective successors and permitted assigns.

Appears in 4 contracts

Samples: Credit Agreement (Spectra Energy Partners, LP), Credit Agreement (DCP Midstream Partners, LP), Bridge Credit Agreement (DCP Midstream Partners, LP)

Binding Effect; Continuing Agreement. (a) This Credit Agreement shall become effective at such time when all of the conditions set forth in Section 5.1 have been satisfied or waived by the Lenders and it shall have been executed by the BorrowersBorrower, the Agent and the Lenders, and thereafter this Credit Agreement shall be binding upon and inure to the benefit of the BorrowersBorrower, the Agent and each Lender and their respective successors and permitted assigns.. DCP Midstream Operating, LP Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (DCP Midstream Partners, LP)

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Binding Effect; Continuing Agreement. (a) This Credit Agreement shall become effective at such time when all of the conditions set forth in Section 5.1 6.1 have been satisfied or waived by the Lenders and it shall have been executed by the Borrowers, the Agent Credit Parties and the LendersAgents, and the Agents shall have received copies hereof (telefaxed or otherwise) which, when taken together, bear the signatures of each Lender, and thereafter this Credit Agreement shall be binding upon and inure to the benefit of the BorrowersCredit Parties, the Agent Agents and each Lender and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Credit Agreement (Wesco International Inc)

Binding Effect; Continuing Agreement. (a) This Credit Agreement shall become effective at such time when all of the conditions set forth in Section 5.1 have been satisfied or waived by the Lenders and it shall have been executed by the BorrowersBorrower, the Agent Guarantors and the LendersAdministrative Agent, and thereafter this Credit Agreement the Administrative Agent shall be binding upon and inure to the benefit of the Borrowers, the Agent and each Lender and their respective successors and permitted assigns.have received copies hereof (telefaxed or otherwise)

Appears in 1 contract

Samples: Day Revolving Credit Agreement (Polaris Industries Inc/Mn)

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