Examples of Fourth Restated Credit Agreement in a sentence
Each Credit Party hereby confirms that its obligations under each Credit Document executed under the Fourth Restated Credit Agreement shall continue to apply to the Obligations under the Fifth Restated Credit Agreement.
The terms and conditions of the Fourth Restated Credit Agreement are amended as set forth herein, and restated in their entirety and superseded by, this Agreement.
The Fourth Restated Credit Agreement is hereby amended and restated to read in its entirety as set forth in Exhibit A hereto (the “Fifth Restated Credit Agreement”), including, for the avoidance of doubt, Schedule A to this Restatement Agreement and the Schedules attached to the Fifth Restated Credit Agreement which for all purposes shall be incorporated as part of the Fifth Restated Credit Agreement.
In the event either party is unable to wholly or partially perform for a period greater than forty-five (45) days because of any cause beyond its reasonable control, either party may terminate any delayed order without any liability.
For the avoidance of doubt, any Existing Revolving Loans denominated in Dollars that are outstanding immediately prior to the Fifth Restatement Effective Date shall continue to bear interest at a rate per annum equal to the “Eurocurrency Rate” (as defined in the Fourth Restated Credit Agreement) for the Interest Period for such Borrowing as in effect immediately prior to the Fifth Restatement Effective Date plus the Applicable Rate until the end of such Interest Period.
The Commission finds that, while reasonable and an efficient off-the-shelf resolution to Malmstrom’s request, NorthWestern’s QF-1 tariff does not provide the best proxy for valuing received WAPA power.
The execution and delivery of this Restatement Agreement and the effectiveness shall not act as a novation of the Fourth Restated Credit Agreement and shall not serve to discharge or release any Obligation or Lien under the Credit Documents or to forgive the payment of any amount owing thereunder.
The Letters of Credit issued or continued for the account of the Borrower under the Third Restated Credit Agreement and outstanding on the Fourth Restatement Effective Date were deemed Letters of Credit for all purposes of the Fourth Restated Credit Agreement and the other Loan Documents pursuant to the terms of the Fourth Restated Credit Agreement.
The provisions of this Section will survive the termination of this Fourth Restated Credit Agreement.
All notices hereunder shall be given in accordance with the provisions of Section 11.01 of the Fourth Restated Credit Agreement.