Continuation of Agreements. Except as expressly amended and modified herein, the Loan Agreement shall remain in full force and effect and except as expressly amended and modified herein, the Notes shall remain in full force and effect. All of the Collateral Documents, including but not limited to the Security Agreement, the Mortgage, the Collateral Pledge Agreement and Assignment of Security Interest, the Amended and Restated General Intangibles Mortgage, the Subsidiary Guaranties and the Subsidiary Security Documents shall remain in full force and effect as security for the Obligations, including but not limited to the Revolving Credit Notes dated June 28, 1996, and all of the Collateral and Subsidiary Collateral as defined in the Loan Agreement, the real estate encumbered by the Mortgage, the Subsidiary Notes, and the Stock of GRS and GMO, shall secure all of the Obligations, including but not limited to the Revolving Credit Notes dated June 28, 1996.
Continuation of Agreements. CEI shall cause the Surviving Corporation to, as of the Closing Date, honor and be solely responsible for the employment, severance, consulting and retention agreements set forth in Section 7.9 of the Company Disclosure Schedule.
Continuation of Agreements. The Surviving Corporation shall, as of the Closing Date, honor and be solely responsible for the employment, severance, consulting and retention agreements set forth in Section 7.9 of the PSNC Disclosure Schedule; provided, however, that this undertaking is not intended to prevent the Surviving Corporation from enforcing such employment, severance, consulting and retention agreements in accordance with their terms, including, without limitation, any reserved right to amend, modify, suspend, revoke or terminate any such agreement or portion thereof.
Continuation of Agreements. Except as expressly amended and modified herein, the Loan Agreement shall remain in full force and effect and except as expressly amended and modified herein, the Notes shall remain in full force and effect. All of the Collateral Documents, including but not limited to the Security Agreement, the Mortgage, the Collateral Pledge Agreement and Assignment of Security Interest, the Amended and Restated General Intangibles Mortgage, the Subsidiary Guaranties and the Subsidiary Security Documents shall remain in full force and effect as security for the Obligations and all of the Collateral and Subsidiary Collateral as defined in the Loan Agreement, the real estate encumbered by the Mortgage, the Subsidiary Notes, and the Stock of GRS and GMO, shall secure all of the Obligations.
Continuation of Agreements. Section 7.7(b) of the Seller Disclosure Schedule lists all contracts, agreements and commitments of the Seller, Utility, Development or Xxxxxxxx, or any Company Subsidiary in effect as of the date hereof that apply to any Affected Employee (each, a "Section 7.7(b) Agreement"). The Buyer shall, and shall cause Utility, Development and Xxxxxxxx, and each Company Subsidiary, to assume and honor each Section 7.7(b) Agreement in accordance with its terms; provided, however, that this undertaking is not intended to prevent the Seller, Utility, Development or Xxxxxxxx, or any Company Subsidiary, from enforcing a Section 7.7(b) Agreement in accordance with its terms, including, without limitation, any reserved right to amend, modify, suspend, revoke or terminate the Section 7.7(b) Agreement or portion thereof.
Continuation of Agreements. Those agreements listed on Schedule -------------------------- -------- 6.2(d) to this Agreement shall be unmodified in any manner from the date of this ------ Agreement and be in full force and effect.
Continuation of Agreements. This Agreement shall not affect Executive's rights, duties and obligations under the Executive Securities Agreement dated March 31, 1996 or any other agreement with respect to Executive's ownership interests in the Partnership or SCC.
Continuation of Agreements. The Surviving Corporation and its subsidiaries shall honor, pay and perform all of their respective covenants and obligations under, and in accordance with the existing terms of, all employment, severance, termination and similar agreements identified in Section 3.1(g) of the Company Disclosure Schedule between the Company or any such subsidiary and any officer, director or employee thereof, from and after the Effective Time to and including the earlier of (i) the termination of such agreement and (ii) one year after the Effective Time.
Continuation of Agreements. From and after the date first set forth above, (a) the Agreements, as amended hereby, are and shall remain in full force and effect and are hereby in all respects ratified and confirmed, and (b) each reference to a respective Agreement in any Transaction Document shall mean and be a reference to such Agreement as amended hereby. No provision of this letter shall be deemed to waive or modify any rights of any party under an Agreement except to the extent specifically set forth herein. The parties hereto acknowledge and agree that, except to the extent specifically set forth herein, the provisions of each Agreement shall remain in full force and effect and that the execution of this agreement by each party hereto does not operate as a waiver of any of their respective rights, powers, or privileges under the respective Agreement.
Continuation of Agreements. All agreements between departments and the Union relative to Stewards entered into prior to or during this Agreement shall remain in effect pursuant to their terms.
