Amendment as Credit Document Clause Samples
The "Amendment as Credit Document" clause establishes that any amendment, modification, or supplement to a credit agreement is considered an integral part of the original credit documents. In practice, this means that changes to the terms—such as interest rates, repayment schedules, or covenants—are legally binding and enforceable as if they were part of the initial agreement. This clause ensures that all parties are bound by the updated terms, maintaining consistency and clarity in the contractual relationship and preventing disputes over the validity or enforceability of amendments.
Amendment as Credit Document. Each Credit Party confirms and agrees that this Amendment shall constitute a Credit Document under the Credit Agreement. Accordingly, it shall be an Event of Default under the Credit Agreement if any representation or warranty made or deemed made by any Credit Party under or in connection with this Amendment shall have been incorrect in any material respect when made or deemed made or if any Credit Party fails to perform or comply with any covenant or agreement contained herein.
Amendment as Credit Document. Each party hereto agrees and acknowledges that this Amendment constitutes a “Credit Document” under and as defined in the Loan Agreement.
Amendment as Credit Document. This Amendment constitutes a “Credit Document” under the Credit Agreement.