Northern, as Agent for the Existing Lenders to the Existing Credit Agreement Sample Clauses

Northern, as Agent for the Existing Lenders to the Existing Credit Agreement effective upon its resignation as Agent and its assignment of its pro rata share of the Revolving Loan Commitment and Revolving Loans under the Existing Credit Agreement, shall assign to LaSalle all of its right title and interest in certain Trademarks, as defined, in and subject to the terms of that certain Trademark Security Agreement, dated as of September 10, 2004, between the Pledgor and Northern, as the Pledgee, as defined in the Existing Credit Agreement (the “ Trademark Security Agreement”).
Sample 1
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Northern, as Agent for the Existing Lenders to the Existing Credit Agreement effective upon its resignation as Agent and its assignment of its pro rata share of the Revolving Loan Commitment and Revolving Loans under the Existing Credit Agreement, shall assign to LaSalle all of its right title and interest in certain Collateral, as defined, in and subject to the terms of that certain Subsidiary Stock Pledge Agreement, dated as of September 10, 2004, between the Borrower, as Debtor, and Northern, as the secured party, as defined in the Existing Credit Agreement; (the “ Subsidiary Stock Pledge Agreement”).
Sample 1
Northern, as Agent for the Existing Lenders to the Existing Credit Agreement effective upon its resignation as Agent and its assignment of its pro rata share of the Revolving Loan Commitment and Revolving Loans under the Existing Credit Agreement, shall assign to LaSalle all of its right title and interest in certain Mortgaged Property, as defined, in and subject to the terms of that certain Open-End Mortgage, dated as of September 10, 2004, between the Mortgagor, and Northern, as the Bank, as defined in the Existing Credit Agreement (the “ Pennsylvania Mortgage”).
Sample 1
Northern, as Agent for the Existing Lenders to the Existing Credit Agreement effective upon its resignation as Agent and its assignment of its pro rata share of the Revolving Loan Commitment and Revolving Loans under the Existing Credit Agreement, shall assign to LaSalle all of its right title and interest in certain Mortgaged Property, as defined, in and subject to the terms of that certain Leasehold Mortgage and Security Agreement, dated as of September 10, 2004, between Mortgagor and Northern, as Agent, as defined in the Existing Credit Agreement (the “ Alabama Mortgage”).
Sample 1

Related to Northern, as Agent for the Existing Lenders to the Existing Credit Agreement

  • of the Existing Credit Agreement Section 7.7 of the Existing Credit Agreement is hereby amended by deleting Section 7.7 in its entirety and substituting the following Section 7.7 in its place:

  • Amendments to the Existing Credit Agreement The Existing Credit Agreement is, effective as of the date of this Amendment and Restatement and subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows:

  • Amendment of the Existing Credit Agreement In consideration of the mutual covenants in this Amendment, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree that, subject to the satisfaction of the conditions precedent set forth in clause 3.1, the Existing Credit Agreement shall, with effect on and from the Amendment Effective Date, be (and it is hereby) amended in accordance with the amendments set out in Schedule 3 and (as so amended) will continue to be binding upon each of the Borrower and the Finance Parties in accordance with its terms as so amended.

  • Amendment and Restatement of the Existing Credit Agreement The parties to this Agreement agree that, upon (i) the execution and delivery by each of the parties hereto of this Agreement and (ii) satisfaction of the conditions set forth in Section 3.01, the terms and provisions of the Existing Credit Agreement shall be and hereby are amended, superseded and restated in their entirety by the terms and provisions of this Agreement. This Agreement is not intended to and shall not constitute a novation. All loans made and obligations incurred under the Existing Credit Agreement which are outstanding on the Effective Date shall continue as Obligations under (and shall be governed by the terms of) this Agreement and the other Loan Documents. Without limiting the foregoing, upon the effectiveness hereof: (a) all references in the “Loan Documents” (as defined in the Existing Credit Agreement) to the “Agent”, the “Credit Agreement” and the “Loan Documents” shall be deemed to refer to the Agent, this Agreement and the Loan Documents, (b) all obligations constituting “Obligations” with any Lender or any Affiliate of any Lender which are outstanding on the Effective Date shall continue as Obligations under this Agreement and the other Loan Documents, (c) the Agent shall make such reallocations, sales, assignments or other relevant actions in respect of each Lender’s credit and loan exposure under the Existing Credit Agreement as are necessary in order that each such Lender’s outstanding Revolving Credit Advances hereunder reflect such Lender’s Pro Rata Share of the outstanding aggregate Revolving Credit Advances on the Effective Date, (d) the Existing Revolving Credit Advances (as defined in Section 2.01) of each Departing Lender shall be repaid in full (accompanied by any accrued and unpaid interest and fees thereon), each Departing Lender’s “Commitment” under the Existing Credit Agreement shall be terminated and each Departing Lender shall not be a Lender hereunder, and (e) the Borrower hereby agrees to compensate each Lender (including each Departing Lender) for any and all losses, costs and expenses incurred by such Lender in connection with the sale and assignment of any Eurodollar Rate Advances (including the “Eurodollar Rate Advances” under the Existing Credit Agreement) and such reallocation described above, in each case on the terms and in the manner set forth in Section 8.04(c) hereof.

  • Effect of Amendment and Restatement of the Existing Credit Agreement On the Closing Date, the Existing Credit Agreement shall be amended and restated in its entirety. The parties hereto acknowledge and agree that (a) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation or termination of the “Obligations” (as defined in the Existing Credit Agreement) under the Existing Credit Agreement as in effect immediately prior to the Closing Date and which remain outstanding and (b) the “Obligations” (as amended and restated hereby and which are hereinafter subject to the terms herein) are in all respects continuing.

  • Amendments to the Existing Agreement As of the Effective Date (defined below), the Existing Agreement is hereby amended or modified as follows:

  • Amendment to Existing Credit Agreement Subject to the occurrence of the Second Amendment Effective Date (as hereinafter defined), the Existing Credit Agreement is amended in accordance with this Article II.

  • Termination of Existing Credit Agreements The Company and each of the Banks that is also a "Bank" party to the Existing Credit Agreements agrees that the "Commitments" as defined in the Existing Credit Agreements shall be terminated in their entirety on the Effective Date. Each of such Banks waives (a) any requirement of notice of such termination pursuant to Section 2.09 of the Existing Credit Agreements and (b) any claim to any facility fees or other fees under the Existing Credit Agreements for any day on or after the Effective Date. Each of the Company and the Borrower (i) represents and warrants that (x) after giving effect to the preceding sentences of this Section 10.07, the commitments under the Existing Credit Agreements will be terminated effective not later than the Effective Date, (y) no loans are, as of the date hereof, or will be, as of the Effective Date, outstanding under the Existing Credit Agreements and (ii) covenants that all accrued and unpaid facility fees and any other amounts due and payable under the Existing Credit Agreements shall have been paid on or prior to the Effective Date.

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

  • Termination of Existing Credit Facility The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated, all commitments thereunder shall have been terminated and all amounts owing thereunder shall have been paid in full (the “Refinancing”).

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