Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the earlier to occur of the Revolving Facility Obligations Payment Date and the Term Facility Obligations Payment Date. This is a continuing agreement and the Revolving Facility Secured Parties and the Term Facility Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Borrower or any other Loan Party on the faith hereof.
Appears in 2 contracts
Samples: Revolving Facility Credit Agreement (Fender Musical Instruments Corp), Term Facility Credit Agreement (Fender Musical Instruments Corp)
Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the earlier to occur of (a) the Revolving Facility Working Capital Obligations Payment Date Date, and (b) the Term Facility Loan Obligations Payment Date. This is a continuing agreement and the Revolving Facility Working Capital Secured Parties and the Term Facility Loan Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness to, or for the benefit of, Borrower or any other Loan Party on the faith hereof.
Appears in 2 contracts
Samples: Intercreditor Agreement, Intercreditor Agreement (Stereotaxis, Inc.)
Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the earlier to occur of the Revolving Facility U.S. Revolver Obligations Payment Date and the Term Facility Loan Obligations Payment Date. This is a continuing agreement and the Revolving Facility U.S. Revolver Secured Parties and the Term Facility Loan Secured Parties may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies and provide indebtedness Indebtedness to, or for the benefit of, Borrower the Borrowers or any other Loan Party on the faith hereof.
Appears in 1 contract
Continuing Nature of Provisions. This Agreement shall continue to be effective, and shall not be revocable by any party hereto, hereto until the earlier to occur of the Revolving Facility Obligations Credit Agreement Obligation Payment Date for all Credit Agreement Obligations and the Term Facility Secured Counterparty Payment Date for all Secured Counterparty Obligations Payment Dateshall have occurred. This is a continuing agreement and the Revolving Facility Credit Agreement Secured Parties Parties, the Secured Counterparties, and the Term Facility Secured Parties Sowood may continue, at any time and without notice to the other parties hereto, to extend credit and other financial accommodations, lend monies monies, and provide indebtedness to, or for the benefit of, Borrower the Borrowers or any other Loan Party on the faith hereof.
Appears in 1 contract
Samples: Subordination and Intercreditor Agreement (Total Gas & Electricity (PA) Inc)