Common use of Exiting Lenders Clause in Contracts

Exiting Lenders. On and as of the Amendment Effective Date, contemporaneous with repayment in full of each Exiting Lender’s Loans, plus all applicable accrued interest, fees and expenses, and the Credit Agreement shall have no further force and effect as to such Exiting Lender other than such provisions that expressly survive termination of such Exiting Lender’s Commitments.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Plains All American Pipeline Lp), Day Credit Agreement

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Exiting Lenders. On and as of the Amendment Effective Date, contemporaneous with repayment in full of each Exiting Lender’s Loans, plus all applicable accrued interest, fees and expenses, each such Exiting Lender shall cease to be a Lender, shall be released from its obligations as a Lender under the Credit Agreement and shall cease to be a party thereto, and the Credit Agreement shall have no further force and effect as to such Exiting Lender Lender, other than such provisions that expressly survive termination of such Exiting Lender’s CommitmentsCommitment.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Plains All American Pipeline Lp), 364 Day Credit Agreement (Plains Gp Holdings Lp)

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