Common use of Continued Full Force and Effect Clause in Contracts

Continued Full Force and Effect. Except to the extent expressly amended hereby, all of the terms and provisions of the Senior Loan Documents shall remain in full force and effect, and the lien in favor of the Bank in the Collateral shall be and remain a fully perfected senior lien upon all of the Collateral pursuant to the terms of the Senior Loan Documents, it being the intent of the parties that nothing herein shall affect or impair the Bank's rights or remedies under the Senior Loan Documents or its lien upon the Collateral. Henceforth, the term "Loan Documents" shall be deemed to mean the Senior Loan Documents as modified and supplemented by the terms of this Amendment, and any default of the Borrower hereunder shall constitute an Event of Default under the Senior Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Critical Path Inc)

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Continued Full Force and Effect. Except to the extent expressly amended hereby, all of the terms and provisions of the Senior Loan Documents shall remain in full force and effect, and the lien in favor of the Bank in the Collateral shall be and remain a fully perfected senior lien upon all of the Collateral pursuant to the terms of the Senior Loan Documents, it being the intent of the parties that nothing herein shall affect or impair the Bank's rights or remedies under the Senior Loan Documents or its lien upon the Collateral. Henceforth, the term "Loan Documents" shall be deemed to mean the Senior Loan Documents as modified and supplemented by the terms of this Third Amendment, and any default of the Borrower hereunder shall constitute an Event of Default under the Senior Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Critical Path Inc)

Continued Full Force and Effect. Except to the extent expressly amended hereby, all of the terms and provisions of the Senior Loan Documents shall remain in full force and effect, and the lien in favor of the Bank in the Collateral shall be and remain a fully perfected senior lien upon all of the Collateral pursuant to the terms of the Senior Loan Documents, it being the intent of the parties that nothing herein shall affect or impair the Bank's ’s rights or remedies under the Senior Loan Documents or its lien upon the Collateral. Henceforth, the term "Loan Documents" shall be deemed to mean the Senior Loan Documents as modified and supplemented by the terms of this Fourth Amendment, and any default of the Borrower hereunder shall constitute an Event of Default under the Senior Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Critical Path Inc)

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Continued Full Force and Effect. Except to the extent expressly amended hereby, all of the terms and provisions of the Senior Loan Documents shall remain in full force and effect, and the lien in favor of the Bank in the Collateral shall be and remain a fully perfected senior lien upon all of the Collateral pursuant to the terms of the Senior Loan Documents, it being the intent of the parties that nothing herein shall affect or impair the Bank's rights or remedies under the Senior Loan Documents or its lien upon the Collateral. Henceforth, the term "Loan Documents" shall be deemed to mean the Senior Loan Documents as modified and supplemented by the terms of this Second Amendment, and any default of the Borrower hereunder shall constitute an Event of Default under the Senior Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Critical Path Inc)

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