Common use of New Lender Clause in Contracts

New Lender. By execution and delivery of this Amendment, the New Lender hereby becomes a party to the Credit Agreement as of the Amendment Effective Date and shall have all of the rights and obligations, severally and not jointly, of a Lender thereunder for all purposes and to the same extent as if originally a party thereto and shall agree, and does hereby agree, severally and not jointly, to be bound by the terms and conditions thereof as if each were an original signatory thereto.

Appears in 2 contracts

Sources: Credit Agreement (Kirby Corp), Credit Agreement (Cardtronics PLC)

New Lender. By execution and delivery of this Amendment, the New Lender hereby becomes shall become a party to the Credit Agreement as of the Amendment Effective Date and shall have all of the rights and obligations, severally and not jointly, of a Lender thereunder for all purposes and to the same extent as if originally a party thereto thereto, and shall agree, and does hereby agree, severally and not jointly, agree to be bound by the terms and conditions thereof as if each it were an original signatory thereto.

Appears in 1 contract

Sources: Credit Agreement (Cardtronics PLC)