ABSENCE OF NOVATION. 4.1 With the exception of what is expressly stipulated in Article 2 of the above Amendment, this amendment does not implement any novation concerning the terms and conditions of the Agreement.
ABSENCE OF NOVATION. This agreement shall not operate novation of the debt resulting from the Second Park CDC Loans and more specifically Tranche C, which Second Park CDC Loans terms shall remain unchanged (subject to the modifications made according to the terms of this agreement) notwithstanding the changes made to the Second Park CDC Loans or the creation of Tranche E. This agreement has been entered into in view of setting forth in a sole agreement, the Agreement C incorporating the Amendments or any necessary change made pursuant to paragraph (G) of the introduction of this agreement.
ABSENCE OF NOVATION. For the avoidance of doubt, it is specified that this Amendment Agreement does not in any way constitute a novation of the Agreement or of the Transactions governed by the Agreement.
ABSENCE OF NOVATION. Without prejudice to Section 2 hereof, the Borrower acknowledges that it shall be discharged of no obligation towards the Agent and the Lenders under the Agreement as a result of the delegation under Section 1 hereof, such delegation not operating as a novation.
ABSENCE OF NOVATION. The present agreement must not be interpreted as constituting novation of the deed or of the deeds mentioned in section "Objet of the loan". The parties agree that the terms and conditions of the said originally deeds will have priority over the terms of the preent loan for the purpose of subrogation.
ABSENCE OF NOVATION. The parties recognize expressly that the modifications established in the present instrument, do not imply any novation to the obligations derived from the Securities Pledge Agreement nor the Loan Agreement, for which the text of the clauses of the same, with the exception to the modifications stipulated in the present Agreement, will keep in full force and effect.
ABSENCE OF NOVATION. This Agreement is an amendment and restatement of the Original Credit Agreement and is in full force and effect, as of and from the Closing Date. This Agreement will not discharge or constitute a novation of any debt, obligation, covenant or agreement contained in the Original Credit Agreement or in any other Loan Document, agreements, certificates and other documents executed and delivered in respect thereof or in connection therewith, but the same shall remain in full force and effect save to the extent the same are amended hereby. For greater certainty, the parties hereto agree that any Borrowing outstanding under the Original Credit Agreement as of the date hereof, constitutes a Borrowing outstanding under this Agreement. Furthermore, any reference to the Original Credit Agreement in any Loan Document shall be deemed to constitute a reference to this Agreement.
ABSENCE OF NOVATION. Notwithstanding the provisions of this Agreement, the parties to this Agreement expressly represent that the obligations and liabilities deriving from the Finance Documents and bearing upon the parties thereto and the parallel debt set out in Clause 27.2 (Parallel Debt) of the Amended and Restated Facilities Agreement are not novated (novées) pursuant to article 1271 of the French Civil Code.
ABSENCE OF NOVATION. For the purposes of the Finance Documents, it is not the intention of the Parties that this amendment and restatement of the Original Facilities Agreement results as a matter of French law in a novation (novation) of the Original Facilities Agreement or the obligations of the Borrower and Genesys S.A. thereunder. Unless otherwise specifically agreed by the Parties, this Agreement shall not affect the Security, which shall remain in full force and effect. 2.
ABSENCE OF NOVATION. Subject to the amendments referred to in Sections 1, 2 and 3 hereof, the Purchase Agreement shall remain in full force and effect. This Amendment Agreement does not result in the novation of the obligations of the Parties under the Purchase Agreement.
