Common use of Effect of Amendment and Restatement Clause in Contracts

Effect of Amendment and Restatement. On the Effective Date, the Existing Credit Agreement shall be amended and restated in its entirety. The parties hereto acknowledge and agree that (i) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and reborrowing, or termination of the obligations under the Existing Credit Agreement as in effect immediately prior to the Effective Date, which remain outstanding and (ii) such obligations are in all respects continuing (as amended and restated hereby).

Appears in 2 contracts

Samples: Financing and Servicing Agreement (HMS Income Fund, Inc.), Loan Financing and Servicing Agreement (HMS Income Fund, Inc.)

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Effect of Amendment and Restatement. On the Effective Date, the Existing Credit Agreement shall be amended and restated in its entirety. The parties hereto acknowledge and agree that (i) this Agreement and the other Loan Transaction Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and reborrowing, or termination of the obligations under the Existing Credit Agreement as in effect immediately prior to the Effective Date, which remain outstanding and (ii) such obligations are in all respects continuing (as amended and restated hereby).

Appears in 2 contracts

Samples: Financing and Servicing Agreement (HMS Income Fund, Inc.), Loan Financing and Servicing Agreement (HMS Income Fund, Inc.)

Effect of Amendment and Restatement. On the Effective Date, the Existing Credit Agreement shall be amended and restated in its entiretyentirety in the form hereof. The parties hereto acknowledge and agree that (i) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and reborrowing, or termination of the obligations under the Existing Credit Agreement as in effect immediately prior to the Effective Date, which remain outstanding (as amended and restated hereby) and (ii) such obligations are in all respects continuing (as amended and restated hereby).

Appears in 1 contract

Samples: Credit Agreement (Pepsi Bottling Group Inc)

Effect of Amendment and Restatement. On Upon the Effective Closing Date, the Existing Original Credit Agreement (and, except as otherwise set forth in the following proviso, all obligations and rights of any party thereunder) shall be amended and restated by this Agreement; provided, however, that the obligations to repay the loans and advances arising under the Original Credit Agreement shall continue in its entirety. The parties hereto acknowledge full force and agree that (i) effect and the liens and security interests securing payment thereof shall be continuing but shall now be governed by the terms of this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and reborrowing, or termination of the obligations under the Existing Credit Agreement as in effect immediately prior to the Effective Date, which remain outstanding and (ii) such obligations are in all respects continuing (as amended and restated hereby).. THE CREDITS

Appears in 1 contract

Samples: Credit Agreement (Stuart Entertainment Inc)

Effect of Amendment and Restatement. On the Effective Date, the Existing Credit Agreement shall be amended and restated in its entiretyentirety by this Agreement. The parties hereto acknowledge and agree that (i) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and reborrowing, or termination of the obligations under the Existing Credit Agreement as in effect immediately prior to the Effective Date, which remain outstanding and (ii) such obligations are in all respects continuing (as amended and restated hereby).

Appears in 1 contract

Samples: Credit Agreement (Prudential Financial Inc)

Effect of Amendment and Restatement. On the Amendment Effective Date, the Existing Credit Agreement shall be amended and restated in its entiretyentirety in the form hereof. The parties hereto acknowledge and agree that (i) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and reborrowing, reborrowing or termination of the obligations under the Existing Credit Agreement as in effect immediately prior to the Amendment Effective Date, which remain outstanding (as amended and restated hereby), and (ii) such obligations are in all respects continuing (as amended and restated hereby).

Appears in 1 contract

Samples: Credit Agreement (Carlyle Group L.P.)

Effect of Amendment and Restatement. On the Effective Date, the Existing Credit Agreement Agreements shall be amended and restated in its their entirety. The parties hereto acknowledge and agree that (i) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and reborrowing, or termination of the obligations under the Existing Credit Agreement Agreements as in effect immediately prior to the Effective Date, which remain outstanding and (ii) such obligations are in all respects continuing (as amended and restated hereby).

Appears in 1 contract

Samples: Credit Agreement (Prudential Financial Inc)

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Effect of Amendment and Restatement. On the Effective Date, the Existing Credit Agreement shall be amended and restated in its entirety. The parties hereto acknowledge and agree that (i) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and reborrowing, or termination of the obligations obligations, security interest and Liens under the Existing Credit Agreement as in effect immediately prior to the Effective Date, which remain outstanding and in effect and (ii) such obligations are in all respects continuing obligations, security interest and Liens (as amended and restated hereby)) are in all respects continuing.

Appears in 1 contract

Samples: Credit Agreement (Fifth Street Senior Floating Rate Corp.)

Effect of Amendment and Restatement. On the Effective Date, the Existing Credit Agreement shall be amended and restated in its entirety. The parties hereto acknowledge and agree that (i) this Agreement and the other Loan Transaction Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and reborrowing, or termination of the obligations under the Existing Credit Agreement as in effect immediately prior to the Effective Date, which remain outstanding and (ii) such obligations are in all respects continuing (as amended and restated hereby).

Appears in 1 contract

Samples: Financing and Servicing Agreement (HMS Income Fund, Inc.)

Effect of Amendment and Restatement. On the Restatement Effective Date, the Existing Credit Agreement shall be amended amended, restated and restated superseded in its entiretyentirety by this Agreement. The parties hereto acknowledge and agree that (ia) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation, payment and or reborrowing, or termination of the obligations Obligations under the Existing Credit Agreement as in effect immediately prior to the Effective Date, which remain outstanding and (ii) such obligations are in all respects continuing (as amended and restated hereby).Credit

Appears in 1 contract

Samples: Credit Agreement (Sprague Resources LP)

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