ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. The Assignee assumes and covenants and agrees to be responsible for all obligations relating to the Assigned Interests to the extent such obligations arise or accrue on or after the date hereof (collectively, the “Assumed Obligations”) and agrees that it will be bound by the Credit Agreement and the other Documents to the extent of the Assumed Obligations as fully as if it had been an original party to the Credit Agreement.
Appears in 13 contracts
Samples: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.), Credit Agreement (Greenfire Resources Ltd.)
ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. The Assignee assumes and covenants and agrees to be responsible for all obligations relating to the Assigned Interests to the extent such obligations arise or accrue on or after the date hereof (collectively, the “"Assumed Obligations”") and agrees that it will be bound by the Credit Agreement and the other Documents to the extent of the Assumed Obligations as fully as if it had been an original party to the Credit Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.), Credit Agreement (Keyspan Corp)
ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. The Assignee assumes and covenants and agrees to be responsible for all obligations relating to the Assigned Interests to the extent such obligations arise or accrue on or after the date hereof Effective Date (collectively, the “Assumed Obligations”) and agrees that it will be bound by the Credit Agreement and the other Loan Documents to the extent of the Assumed Obligations as fully as if it had been an original party to the Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Bellatrix Exploration Ltd.), Credit Agreement (Nova Chemicals Corp /New)
ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. The Assignee assumes and covenants and agrees to be responsible for all obligations relating to the Assigned Interests to the extent such obligations arise or accrue on or after the date hereof Effective Date (collectively, the “"Assumed Obligations”") and agrees that it will be bound by the Credit Agreement and the other Loan Documents to the extent of the Assumed Obligations as fully as if it had been an original party to the Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Nova Chemicals Corp /New), Credit Agreement (Nacg Finance LLC)
ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. The Assignee assumes and covenants and agrees to be responsible for all obligations relating to the Assigned Interests to the extent such obligations arise or accrue on or after the date hereof (collectively, the “Assumed Obligations”) and agrees that it will be bound by the Credit Subordinated Debt Agreement and the other Documents to the extent of the Assumed Obligations as fully as if it had been an original party to the Credit Subordinated Debt Agreement.
Appears in 1 contract
Samples: Subordinated Debt Agreement
ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. The Assignee assumes and covenants and agrees to be responsible for all obligations relating to the Assigned Interests to the extent such obligations arise or accrue on or after the date hereof Effective Assignment Date (collectively, the “Assumed Obligations”) and agrees that it will be bound by the Credit Agreement and the other Loan Documents to the extent of the Assumed Obligations as fully as if it had been an original party to the Credit Agreement.
Appears in 1 contract
ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. The Assignee assumes and covenants and agrees to be responsible for all obligations relating to the Assigned Interests to the extent such obligations arise or accrue on or after the date hereof (collectively, the “"Assumed Obligations”") and agrees that it will be bound by the Credit Agreement and the other Documents to the extent of the Assumed Obligations as fully as if it had been an original party to the Credit Agreement.
Appears in 1 contract
Samples: Operating Credit Agreement (Mercer International Inc)
ASSUMPTION OF OBLIGATIONS BY ASSIGNEE. The Assignee assumes and covenants and agrees to be responsible for all obligations relating to the Assigned Interests to the extent such obligations arise or accrue on or after the date hereof (collectively, the “Assumed Obligations”) and agrees that it will be bound by the Credit Agreement and the other Documents to the extent of the Assumed Obligations as fully as if it had been an original party to the Credit Agreement.
Appears in 1 contract
Samples: Operating Credit Agreement (Mercer International Inc.)
