Common use of Effect of Existing Credit Agreement Clause in Contracts

Effect of Existing Credit Agreement. This Agreement amends and replaces in its entirety the Existing Credit Agreement, provided that the obligations of the Borrower incurred under the Existing Credit Agreement shall continue under this Agreement and shall not in any circumstance be terminated, extinguished, or discharged hereby but shall hereafter be governed by the terms of this Agreement. None of the liens created by the Existing Credit Agreement shall be terminated, extinguished, or discharged hereby.

Appears in 2 contracts

Samples: Credit Agreement (Universal Electronics Inc), Credit Agreement (Universal Electronics Inc)

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Effect of Existing Credit Agreement. This Agreement amends and replaces in its entirety restates the Existing Credit AgreementAgreement in its entirety, provided that the obligations of the Borrower Borrowers incurred under the Existing Credit Agreement shall continue under this Agreement Agreement, and shall not in any circumstance circumstances be terminated, extinguished, extinguished or discharged hereby or thereby but shall hereafter be governed by the terms of this Agreement. None of the liens created by the Existing Credit Agreement shall be terminated, extinguished, or discharged hereby.

Appears in 2 contracts

Samples: Credit Agreement (Cabelas Inc), Credit Agreement (Cabelas Inc)

Effect of Existing Credit Agreement. This Agreement amends and replaces in its entirety the Existing Credit Agreement, provided provided, that the obligations of the Borrower incurred under the Existing Credit Agreement shall continue under this Agreement Agreement, and shall not in any circumstance be terminated, extinguished, extinguished or discharged hereby but shall hereafter be governed by the terms of this Agreement. None of the liens created by the Existing Credit Agreement shall be terminated, extinguished, or discharged hereby.

Appears in 2 contracts

Samples: Credit Agreement (Norstan Inc), Credit Agreement (Norstan Inc)

Effect of Existing Credit Agreement. This As to the Borrower and the Banks, this Agreement amends and replaces in its entirety restates the Existing Credit AgreementAgreement in its entirety, provided that the obligations of the Borrower incurred under the Existing Credit Agreement shall continue under this Agreement Agreement, and shall not in any circumstance circumstances be terminated, extinguished, extinguished or discharged hereby or thereby but shall hereafter be governed by the terms of this Agreement. None of the liens created by the Existing Credit Agreement shall be terminated, extinguished, or discharged hereby.

Appears in 1 contract

Samples: Credit Agreement (Lecg Corp)

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Effect of Existing Credit Agreement. This Agreement amends and replaces restates in its entirety the Existing Credit Agreement, provided that the obligations of the Borrower incurred under the Existing Credit Agreement shall continue under this Agreement and shall not in any circumstance be terminated, extinguished, or discharged hereby but shall hereafter be governed by the terms of this Agreement, and this Agreement does not constitute a novation of the Existing Credit Agreement. None of the liens Liens created by in connection with the Existing Credit Agreement shall be terminated, extinguished, or discharged herebyhereby or by any Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Hawkins Inc)

Effect of Existing Credit Agreement. This Agreement ----------------------------------- amends and replaces in its entirety the Existing Credit Agreement; provided, provided -------- however, that the obligations of the Borrower incurred under the Existing Credit ------ Agreement shall continue under this Agreement Agreement, and shall not in any circumstance be terminated, extinguished, extinguished or discharged hereby but shall hereafter be governed by the terms of this Agreement. None [The remainder of the liens created by the Existing Credit Agreement shall be terminated, extinguished, or discharged herebythis page intentionally left blank.]

Appears in 1 contract

Samples: Credit Agreement (Buca Inc /Mn)

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