Amended and Restatement Sample Clauses

Amended and Restatement. Each of the parties hereto agrees as follows:
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Amended and Restatement. (a) On the Restatement Effective Date, the Original Security Agreement shall be amended and restated in its entirety by this Agreement. The parties hereto acknowledge and agree that (i) the grant by the Grantors of security interests in the Collateral pursuant to this Agreement was made as of the Original Closing Date (or as of such later date on which a Grantor became a party hereto) and the amendment and restatement of the Original Security Agreement as contemplated hereby continues such grant, (ii) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation or termination of the “Secured Obligations” under the Original Security Agreement or the other Loan Documents as in effect prior to the Restatement Effective Date and which remain outstanding as of the Restatement Effective Date, (iii) the “Secured Obligations” under the Original Security Agreement and the other Loan Documents are in all respects continuing (as amended and restated hereby and by the Credit Agreement and which are in all respects hereinafter subject to the terms herein) and (iv) the Liens and security interests as granted under the Original Security Agreement and the other applicable Loan Documents securing payment of such “Secured Obligations” are in all respects continuing and in full force and effect and are reaffirmed hereby. To the extent applicable, the Grantors hereby acknowledge, confirm and agree that any financing statements, fixture filings, filings with the United States Patent and Trademark Office or the United States Copyright Office or other instrument similar in effect to the foregoing under applicable law covering all or any part of the Collateral previously filed in favor of the Administrative Agent under the Original Security Agreement are in full force and effect as of the date hereof and each Grantor ratifies its authorization for the Collateral Agent to file in any relevant jurisdictions any such financing statement, fixture filing or other instrument relating to all or any part of the Collateral if filed prior to the date hereof.
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Amended and Restatement. This Note amends and restates that certain Promissory Note executed by the Company and delivered to Lender on June 29, 2016 evidencing a loan from Lender to Borrower in the original principal amount of up to Four Hundred Thousand and No/100 Dollars ($400,000.00), as amended by that certain First Amendment to Promissory Note and that certain Second Amendment to Promissory Note.
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Amended and Restatement. On the date hereof, that certain Amended and Restated Guaranty (Revolving Loans) previously entered into by the Guarantor on April 30, 2013 in favor of the Administrative Agent (as amended through the date hereof, the “Original Guaranty”) shall be modified, amended and restated by this Guaranty. All Guaranteed Obligations of Pledgor pursuant to the Original Guaranty shall survive the amendment and restatement of the Original Guaranty pursuant to this Guaranty. [Signature Page Follows]
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Amended and Restatement. This Consent amends, restates and supersedes the Original Consent.
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Amended and Restatement. Each of the parties hereto hereby agrees that, as of the date hereof, (i) the Original Agreement is amended and restated in its entirety by this Agreement and (ii) each reference to the Original Agreement in any Transaction Document shall be deemed to be a reference to this Agreement. 128
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Amended and Restatement. (a) The parties to this Agreement agree that, upon (i) the execution and delivery by each of the parties hereto of this Agreement and (ii) satisfaction of the conditions set forth in Section 4.01, the terms and provisions of the Original Credit Agreement shall be and hereby are amended, superseded and restated in their entirety by the terms and provisions of this Agreement. This Agreement is not intended to and shall not constitute a novation, payment and reborrowing or termination of the “Obligations” (as defined in the Original Credit Agreement). All “Loans” made and “Obligations” incurred under the Original Credit Agreement which are outstanding on the Effective Date, if any, shall continue as Loans and Obligations under (and shall be governed by the terms of) this Agreement and the other Loan Documents. Without limiting the foregoing, upon the effectiveness hereof: all references in the “Loan Documents” (as defined in the Original Credit Agreement) to the “Obligations” shall be deemed to refer to the Obligations hereunder.
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Amended and Restatement. This Agreement is an amendment and restatement of, and replaces in its entirety, that certain General Security Agreement dated as of March 28, 1997 among Professional Transportation Group Ltd., Inc.,Truck-Net, Inc., Timely Transportation, Inc., PTG, Inc., a Georgia corporation, and SouthTrust Bank of Georgia.
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Related to Amended and Restatement

  • Amendment and Restatement On the Closing Date, this Agreement shall amend and restate and supersede the Existing Credit Agreement in its entirety. On the Closing Date, the rights and obligations of the parties evidenced by the Existing Credit Agreement shall be evidenced by this Agreement and the other Loan Documents as amended, restated, amended and restated, supplemented or otherwise modified and in effect on the Closing Date. All principal, interest, fees and expenses, if any, owing or accruing under or in respect of the Existing Credit Agreement for periods prior to the Closing Date shall be calculated and paid on the Closing Date. Upon the effectiveness of this Agreement, each reference in the Loan Documents to “the Credit Agreement” or words of similar effect shall mean this Agreement. Each Loan Party (a) acknowledges and agrees that each Loan Document (as defined in the Existing Credit Agreement) and all other instruments and documents executed and delivered by such Loan Party in favor of the Administrative Agent or the Collateral Agent, as applicable, pursuant the Existing Credit Agreement, unless terminated or discharged prior to or on the Closing Date, shall remain in full force and effect on the Closing Date in accordance with its terms, in each case as amended, restated, amended and restated, supplemented or otherwise modified and/or reaffirmed pursuant to the terms of this Agreement and the other Credit Documents and (b) ratifies, reaffirms and confirms that, the Obligations that remain unpaid and outstanding as of the date of this Agreement after giving effect to the Transactions (x) continue outstanding under this Agreement and shall not be deemed to be paid, released, discharged or otherwise satisfied by the execution of this Agreement, and this Agreement shall not constitute a refinancing, substitution or novation of such Obligations or any of the other rights, duties and obligations of the parties hereunder, and the terms “Obligations” as such term is used in the Loan Documents shall include the Obligations as amended and restated under this Agreement, and (y) are secured pursuant to the Collateral Documents (as defined in the Existing Credit Agreement), unless terminated or discharged on the Closing Date, in each case as amended, restated, amended and restated, supplemented or otherwise modified and/or reaffirmed pursuant to the terms of this Agreement and the other Loan Documents. Without limiting the generality of the foregoing, all security interests, pledges, assignments and other Liens and Guarantees previously granted by any Loan Party pursuant to the Loan Documents executed and delivered in connection with the Existing Credit Agreement are hereby reaffirmed, ratified, renewed and continued, and all such security interests, pledges, assignments and other Liens and Guarantees, in each case, unless expressly terminated, superseded or discharged on and after the Closing Date, shall remain in full force and effect as security for the Obligations (as defined in this Agreement) on and after the Closing Date.

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