Common use of Avoidance of Doubt Clause in Contracts

Avoidance of Doubt. The parties hereto hereby agree, for the avoidance of doubt, that (a) the terms "LOAN AGREEMENT" as used in the Transaction Documents shall mean the Loan Agreement, as, and to the extent, amended by this Agreement, (b) the term "LOANS" as used in the Security Agreement shall include all advances to Borrower pursuant to the Loan Agreement, as, and to the extent, amended by this Agreement; (c) the term "REVOLVING CREDIT NOTE" as used in the Transaction Documents shall mean the Revolving Note, as, and to the extent, amended by this Agreement, (d) the term "TRANSACTION DOCUMENTS" shall include the Conveyances of Overriding Royalty Interests and the Additional Security Documents, and (e) the term "OBLIGATIONS" as used in the Transaction Documents shall include all liabilities and obligations of the Borrower under this Agreement, under the Loan Agreement (as amended hereby), under the Revolving Note (as amended hereby), under the Conveyances of Overriding Royalty Interests and under the other Transaction Documents, and each of the parties hereto agrees not to take any contrary positions.

Appears in 1 contract

Samples: Loan Agreement (South Texas Oil Co)

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Avoidance of Doubt. The parties hereto hereby agree, for the avoidance of doubt, that (a) the terms "LOAN AGREEMENT" term “Notes” as used in the Transaction Documents (as defined in the April Purchase Agreement, the “April Transaction Documents”) shall mean include the Loan AgreementApril Notes, as, and to the extent, amended by this Agreement, (b) the term "LOANS" as used in the Security Agreement shall include all advances to Borrower pursuant to the Loan Agreement, as, and to the extent, amended by this Agreement; (c) the term "REVOLVING CREDIT NOTE" “Bridge Notes” as used in the Transaction Documents (as defined in the Bridge Purchase Agreement, the “Bridge Transaction Documents”) shall mean the Revolving NoteBridge Notes, as, and to the extent, amended by this Agreement, (dc) the term "TRANSACTION DOCUMENTS" shall include the Conveyances of Overriding Royalty Interests and the Additional Security Documents, and (e) the term "OBLIGATIONS" “Obligations” as used in the April Transaction Documents shall include all liabilities and obligations of the Borrower Company under this Agreement, under the Loan Intercreditor Agreement Amendment, under the April Notes (as amended hereby)) and under the other April Transaction Documents, and (d) the term “Obligations” as used in the Bridge Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Revolving Note Intercreditor Agreement Amendment, under the Bridge Notes (as amended hereby), under the Conveyances of Overriding Royalty Interests ) and under the other Bridge Transaction Documents, and each of the parties hereto agrees not to take any contrary positions.

Appears in 1 contract

Samples: June 2009 Waiver and Amendment Agreement (South Texas Oil Co)

Avoidance of Doubt. The parties hereto hereby agree, for the avoidance of doubt, that (a) the terms "LOAN AGREEMENT" term “Notes” as used in the Transaction Documents (as defined in the April Purchase Agreement, the “April Transaction Documents”) shall mean include the Loan AgreementApril Notes, as, and to the extent, amended by this Agreement, (b) the term "LOANS" as used in the Security Agreement shall include all advances to Borrower pursuant to the Loan Agreement, as, and to the extent, amended by this Agreement; (c) the term "REVOLVING CREDIT NOTE" “Bridge Notes” as used in the Transaction Documents (as defined in the Bridge Purchase Agreement, the “Bridge Transaction Documents”) shall mean the Revolving NoteBridge Notes, as, and to the extent, amended by this Agreement, (dc) the term "TRANSACTION DOCUMENTS" shall include the Conveyances of Overriding Royalty Interests and the Additional Security Documents, and (e) the term "OBLIGATIONS" “Obligations” as used in the April Transaction Documents shall include all liabilities and obligations of the Borrower Company under this Agreement, under the Loan April Purchase Agreement (as amended hereby), under the Revolving Note April Notes (as amended hereby), under the Conveyances of Overriding Royalty Interests ) and under the other April Transaction Documents, and (d) the term “Obligations” as used in the Bridge Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Bridge Purchase Agreement, under the Bridge Notes (as amended hereby) and under the other Bridge Transaction Documents, and each of the parties hereto agrees not to take any contrary positions.

Appears in 1 contract

Samples: August 2009 Waiver and Amendment Agreement (South Texas Oil Co)

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Avoidance of Doubt. The parties hereto hereby agree, for the avoidance of doubt, that (a) the terms "LOAN AGREEMENT" term “Notes” as used in the Transaction Documents (as defined in the April Purchase Agreement, the “April Transaction Documents”) shall mean include the Loan AgreementApril Notes, as, and to the extent, amended by this Agreement, (b) the term "LOANS" as used in the Security Agreement shall include all advances to Borrower pursuant to the Loan Agreement, as, and to the extent, amended by this Agreement; (c) the term "REVOLVING CREDIT NOTE" “Bridge Notes” as used in the Transaction Documents (as defined in the Bridge Purchase Agreement, the “Bridge Transaction Documents”) shall mean the Revolving NoteBridge Notes, as, and to the extent, amended by this Agreement, (dc) the term "TRANSACTION DOCUMENTS" shall include the Conveyances of Overriding Royalty Interests and the Additional Security Documents, and (e) the term "OBLIGATIONS" “Obligations” as used in the April Transaction Documents shall include all liabilities and obligations of the Borrower Company under this Agreement, under the Loan Agreement Intercreditor Agreement, under the April Notes (as amended hereby)) and under the other April Transaction Documents, and (d) the term “Obligations” as used in the Bridge Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Revolving Note Intercreditor Agreement, under the Bridge Notes (as amended hereby), under the Conveyances of Overriding Royalty Interests ) and under the other Bridge Transaction Documents, and each of the parties hereto agrees not to take any contrary positions.

Appears in 1 contract

Samples: June 2009 Waiver and Amendment Agreement (South Texas Oil Co)

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