Reference to and Effect on Original Loan Agreement Clause Samples
Reference to and Effect on Original Loan Agreement. Each of the parties hereto agrees that the Original Loan Agreement is, as of the date hereof, in full force and effect. From and after the effective date hereof, (i) the terms and provisions of this Agreement shall amend, restate and supersede the terms and provisions of the Original Loan Agreement in their entirety and shall not constitute a novation thereof, (ii) the continuing rights, remedies and obligations of the parties with respect to the Loans and all Borrower Obligations shall be governed by the terms and provisions of this Agreement, and (iii) all references to the Original Loan Agreement in any Facility Document or in any other document or agreement executed and delivered in connection therewith shall mean and be a reference to this Agreement.
