Common use of Continuing Nature of Provisions Clause in Contracts

Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the earlier to occur of the ABL Obligations Payment Date and the Indenture Obligations Payment Date. This is a continuing agreement and the ABL Secured Parties and the Indenture Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Company or any other Debtor Party on the faith hereof.

Appears in 2 contracts

Samples: Intercreditor Agreement (CPM Holdings, Inc.), Intercreditor Agreement (CPM Holdings, Inc.)

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Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the earlier to occur of the ABL Obligations Payment Date and the Indenture Term Loan Obligations Payment Date. This is a continuing agreement and the ABL Secured Parties and the Indenture Term Loan Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Company Borrower or any other Debtor Loan Party on the faith hereof.

Appears in 2 contracts

Samples: Intercreditor Agreement (CDW Finance Corp), Intercreditor Agreement (CDW Corp)

Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the earlier to occur of the ABL Obligations Payment Date and the Indenture Term Obligations Payment Date. This is a continuing agreement agreement, and the ABL Secured Parties and the Indenture Term Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit ofof Holdings, the Company or any other Debtor Loan Party on the faith hereof.

Appears in 1 contract

Samples: Intercreditor Agreement (Noranda Aluminum Holding CORP)

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Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the earlier to occur of the ABL Obligations Obligation Payment Date and the Indenture Obligations Payment Dateshall have occurred. This is a continuing agreement and the ABL Secured Parties and the Indenture Term Loan Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Company or any other Debtor Loan Party on the faith hereof, subject to the terms hereof.

Appears in 1 contract

Samples: Intercreditor Agreement

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