Effect on Original Credit Agreement Sample Clauses

Effect on Original Credit Agreement. On the Closing Date, the Original Credit Agreement shall be deemed to be amended and restated in its entirety by this Agreement. The Borrower agrees with the Agent and the Banks that any reference to the “Credit Agreement”, the “Loan Agreement” or words of like import in any Loan Document to which the Borrower is party shall be deemed to be a reference to the Original Credit Agreement as amended and restated by this Agreement.
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Effect on Original Credit Agreement. On the Effective Date this Credit Agreement will supersede and replace the Original Credit Agreement and the commitments of the Original Lenders will terminate. The only provisions of the Original Credit Agreement which will continue to be effective are those provisions which expressly state that they survive the repayment of the obligations of the Company under the Original Credit Agreement. All "Revolving Loans" under the Original Credit Agreement outstanding on the Effective Date shall be repaid in full, including accrued interest thereon. All commitment fees accrued under the Original Credit Agreement shall be due on the Effective Date.
Effect on Original Credit Agreement. Each of the parties hereto ratifies the Advances, Grants, Triple-A Loans; Borrowings, payments, representations, warranties, covenants and indemnities made by, to, in favor of, or otherwise on behalf of, such party under the Original Credit Agreement and agrees that such agreement is, as of the date hereof and until the Effective Restatement Date has occurred, in full force and effect. From and after the Effective Restatement Date, (i) the terms and provisions of this Credit Agreement shall amend and supersede the terms and provisions of the Original Credit Agreement in their entirety and the continuing rights, remedies and obligations of the parties with respect to any such Advances, Grants, Triple-A Loans, Borrowings, payments, 149
Effect on Original Credit Agreement. Each of the parties ------------------------------------- hereto ratifies the Loans, Grants of Contracts, payments, representations, warranties, covenants and indemnities made by, to, in favor of, or otherwise on behalf of, such party under the Original Credit Agreement and agrees that such agreement is, as of the date hereof and until the Effective Restatement Date has occurred, in full force and effect. From and after the Effective Restatement Date, (a) the terms and provisions of this Credit Agreement shall amend and supersede the terms and provisions of the Original Credit Agreement in their entirety and the continuing rights, remedies and obligations of the parties with respect to any such Loans, Grants of Contracts, payments, representations, warranties, covenants and indemnities under the Original Credit Agreement shall be governed by the terms and provisions of this Credit Agreement to the same extent as if such Loans, Grants of Contracts, payments, representations, warranties, covenants and indemnities had been made under this Credit Agreement and (b) all references in any of the other Facility Documents to the Original Credit Agreement shall mean and be a reference to the Original Agreement as the same is amended and restated hereby. It is expressly understood and agreed that the execution and delivery of this Credit Agreement is not intended to be, and shall not be construed as, a novation of the Original Credit Agreement, any of the other Facility Documents, or any of the transactions evidenced thereby.
Effect on Original Credit Agreement 

Related to Effect on Original Credit Agreement

  • Effect on Credit Agreement Except as specifically amended by this Amendment, the Credit Agreement and the other Credit Documents shall remain in full force and effect and are hereby ratified and confirmed.

  • Original Credit Agreement Until the occurrence of the earlier of the Effective Date as provided in Section 4 hereof or the Commitment Termination Date (as defined in the Original Credit Agreement), the Original Credit Agreement shall continue in full force and effect in accordance with the provisions thereof and the rights and obligations of the parties thereto shall not be affected hereby, and all fees and interest accruing under the Original Credit Agreement shall continue to accrue at the rates provided for therein.

  • Amendments to Original Credit Agreement On the Effective Date, the Original Credit Agreement shall be deemed to be amended as follows:

  • Effect on the Credit Agreement (a) Upon the effectiveness of this Amendment, on and after the date hereof, each reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof,” “herein” or words of like import shall mean and be a reference to the Credit Agreement, as amended and modified hereby.

  • Reference to and Effect on Credit Agreement (a) Upon and after the effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as modified hereby. This Amendment is a Loan Document.

  • to Credit Agreement COLLATERAL REPORTS Borrower shall deliver or cause to be delivered the following:

  • Credit Agreement Unaffected Each reference to the Credit Agreement or in any other Loan Document shall hereafter be construed as a reference to the Credit Agreement as amended hereby. Except as herein otherwise specifically provided, all provisions of the Credit Agreement shall remain in full force and effect and be unaffected hereby. This Amendment is a Loan Document.

  • Reference to and Effect on the Credit Agreement and the Loan Documents (a) On and after the effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the Notes and each of the other Loan Documents to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment.

  • Reference to the Effect on the Credit Agreement Upon the effectiveness of this Agreement, each reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof,” “herein,” or words of similar import shall mean and be a reference to the Credit Agreement, as amended by this Agreement. Except as specifically amended above, the Credit Agreement, and all other Financing Documents (and all covenants, terms, conditions and agreements therein), shall remain in full force and effect, and are hereby ratified and confirmed in all respects by each Borrower.

  • Effect on Loan Documents (a) The Credit Agreement, as amended hereby, and each of the other Loan Documents shall be and remain in full force and effect in accordance with their respective terms and hereby are ratified and confirmed in all respects. The execution, delivery, and performance of this Amendment shall not operate, except as expressly set forth herein, as a modification or waiver of any right, power, or remedy of the Administrative Agent or any Lender under the Credit Agreement or any other Loan Document. The consents, modifications and other agreements herein are limited to the specifics hereof (including facts or occurrences on which the same are based), shall not apply with respect to any facts or occurrences other than those on which the same are based, shall not excuse any non-compliance with the Loan Documents, and shall not operate as a consent or waiver to any matter under the Loan Documents. Except for the amendments to the Credit Agreement expressly set forth herein, the Credit Agreement and other Loan Documents shall remain unchanged and in full force and effect. The execution, delivery and performance of this Amendment shall not operate as a waiver of or, except as expressly set forth herein, as an amendment of, any right, power or remedy of the Lenders in effect prior to the date hereof. The amendments, consents, modifications and other agreements set forth herein are limited to the specifics hereof, shall not apply with respect to any facts or occurrences other than those on which the same are based, and except as expressly set forth herein, shall neither excuse any future non-compliance with the Credit Agreement, nor operate as a waiver of any Default or Event of Default. To the extent any terms or provisions of this Amendment conflict with those of the Credit Agreement or other Loan Documents, the terms and provisions of this Amendment shall control.

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