Original Credit Agreement. Until the occurrence of the earlier of the Effective Date as provided in Section 4 hereof or the Commitment Termination Date (as defined in the Original Credit Agreement), the Original Credit Agreement shall continue in full force and effect in accordance with the provisions thereof and the rights and obligations of the parties thereto shall not be affected hereby, and all fees and interest accruing under the Original Credit Agreement shall continue to accrue at the rates provided for therein.
Original Credit Agreement. Upon the Effective Date, this Agreement shall supersede and replace in its entirety the Original Credit Agreement; provided, however, that (a) all loans, letters of credit, and other indebtedness, obligations and liabilities outstanding under the Original Credit Agreement on such date shall continue to constitute Loans, Letters of Credit and other indebtedness, obligations and liabilities under this Agreement, (b) the execution and delivery of this Agreement or any of the Loan Documents hereunder shall not constitute a novation, refinancing or any other fundamental change in the relationship among the parties and (c) the Loans, Letters of Credit, and other indebtedness, obligations and liabilities outstanding hereunder, to the extent outstanding under the Original Credit Agreement immediately prior to the date hereof, shall constitute the same loans, letters of credit, and other indebtedness, obligations and liabilities as were outstanding under the Original Credit Agreement.
Original Credit Agreement. As defined in the Recitals.
Original Credit Agreement. On the Effective Date, (i) all outstanding loans under the Original Credit Agreement shall be prepaid in full, together with interest thereon and all other amounts owing pursuant to the Original Credit Agreement (whether or not any such amounts are due on the Effective Date pursuant to the terms thereof) and (ii) all outstanding commitments under the Original Credit Agreement shall be terminated.
Original Credit Agreement. See Preamble.
Original Credit Agreement. Except as provided in Section 11.18, upon the Effective Date: (i) all loans, letters of credit, and other Indebtedness, obligations and liabilities outstanding under the Original Credit Agreement on such date shall continue to constitute Loans, Letters of Credit and other Indebtedness, obligations and liabilities under this Agreement, (ii) the execution and delivery of this Agreement or any of the Loan Documents hereunder shall not constitute a novation, refinancing or any other fundamental change in the relationship among the parties and (iii) the Loans, Letters of Credit, and other Indebtedness, obligations and liabilities outstanding hereunder, to the extent outstanding under the Original Credit Agreement immediately prior to the date hereof, shall constitute the same loans, letters of credit, and other Indebtedness, obligations and liabilities as were outstanding under the Original Credit Agreement. Notwithstanding the foregoing and notwithstanding the release of Antero Midstream pursuant to Section 11.18, each of the Credit Parties hereby acknowledges that any Indebtedness, obligations and liabilities of Antero Midstream which by the terms of the Original Credit Agreement expressly survive the termination, cancellation or replacement of the Original Credit Agreement constitute Indebtedness, obligations and liabilities of the Credit Parties under this Agreement.
Original Credit Agreement. All principal, interest, fees and other obligations (other than contingent indemnification obligations as to which no unsatisfied claim has been asserted) under the Original Credit Agreement shall have been (or shall substantially contemporaneously be) refinanced in full with the proceeds of Loans hereunder as contemplated by Section 9.20 and cash on hand of the Borrowers. The Administrative Agent shall notify the Borrowers and the Lenders of the Effective Date, and such notice shall be conclusive and binding. For purposes of determining compliance with the conditions specified in this Section 4.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender. SECTION 4.02.
Original Credit Agreement. On the Restatement Effective Date and concurrently with the initial borrowing hereunder, the Borrower shall have paid all accrued but unpaid interest, costs (including pursuant to Section 1.11 thereof) and fees under the Original Credit Agreement, whether or not otherwise then due and payable.
Original Credit Agreement. On the Restatement Effective Date, (i) each Continuing Lender shall have converted its Original Term Loans and Original Revolving Loans as contemplated by Sections 2.1(b) and 2.2, as the case may be, (ii) all Original Loans being converted as described in preceding clause (i) which were outstanding as Eurodollar Rate Loans shall, at the time of such conversion, be converted into Base Rate Loans or borrowed as Eurodollar Rate Loans in accordance with the requirements of Section 2.4(a)(iii), it being understood and agreed that the Borrower shall (x) take such actions as may be necessary to ensure that the Lenders participate in each Borrowing of outstanding B Term Loans pro rata on the basis of their respective B Term Loan Commitments (as in effect on the Restatement Effective Date), (y) take such actions as may be necessary to ensure that the Lenders participate in each Borrowing of outstanding Revolving Loans pro rata on the basis of their respective Revolving Loan Commitments (as in effect on the Restatement Effective Date) and (z) pay breakage or similar costs in accordance with the provisions of Section 4.10 of the Original Credit Agreement in connection therewith, (iii) all Original Loans (except to the extent converted pursuant to preceding clause (i)) shall be repaid in full on the Restatement Effective Date and, if any Original Loans were at such time maintained as Eurodollar Rate Loans, all breakage or similar costs owing in connection therewith shall have been paid as contemplated by Section 4.10 of the Original Credit Agreement, (iv) each Original Lender and BTCC shall have received payment in full of all amounts (including any accrued and unpaid interest and fees) then due and owing to it under the Original Credit Agreement in respect of its Original Loans being repaid, (v) all accrued interest on all outstanding extensions of credit pursuant to the Original Credit Agreement, and all regularly accruing fees pursuant to the Original Credit Agreement, shall be repaid in full on, and through, the Restatement Effective Date (whether or not same would otherwise be then due and payable pursuant to the Original Credit Agreement) and (vi) the Administrative Agent shall have received evidence in form, scope and substance satisfactory to it that the matters set forth in this Section 5.1(r) have been satisfied on such date.
Original Credit Agreement. Borrower and Lender acknowledge and agree that outstanding advances made prior to the date hereof under the Original Credit Agreement shall constitute advances under the Facility A Line of Credit and shall be evidenced by the Facility A Line of Credit Note.
