Common use of Amendments to the parties Clause in Contracts

Amendments to the parties. (a) The New Borrower shall (i) be released from its obligations as Guarantor and (ii) replace the Existing Borrower as Borrower and assume all rights and obligations of the Borrower under the Amended and Restated Loan Agreement and any reference to the "Borrower" under the Amended and Restated Loan Agreement shall be read as a reference to the New Borrower.

Amendments to the parties. (a) The New Borrower shall (i) be released from its obligations as Guarantor and (ii) replace the Existing Borrower as Borrower and assume all rights and obligations of the Borrower under the Amended and Restated Loan Agreement and any reference to the "Borrower" under the Amended and Restated Loan Agreement shall be read as a reference to the New Borrower.. [NEC03]