Common use of Departing Lenders Clause in Contracts

Departing Lenders. Upon the effectiveness of this Agreement and the payment to the Departing Lenders of the Obligations due it, (a) the Departing Lenders shall have no further Commitment hereunder and (b) the Departing Lenders shall cease to have any rights or duties as Lenders hereunder; PROVIDED, that the Departing Lenders shall remain entitled to indemnities under the Existing Credit Agreement which by their terms survive the termination of the Existing Credit Agreement. [The first signature page follows.] 118

Appears in 1 contract

Samples: Credit Agreement (Argosy Gaming Co)

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Departing Lenders. Upon the effectiveness of this Agreement and the payment to the each Departing Lenders Lender of the Obligations "Obligations" due itit under the Prior Credit Agreement, (a) the Departing Lenders shall have no further Commitment hereunder and (b) the Departing Lenders shall cease to have any rights or duties as Lenders hereunder; PROVIDEDprovided, that the Departing Lenders shall remain entitled to indemnities under the Existing Credit Agreement hereunder which by their terms survive the termination of the Existing Credit this Agreement. [The first signature page follows.] 118

Appears in 1 contract

Samples: Credit Agreement (Oshkosh Truck Corp)

Departing Lenders. Upon the effectiveness of this Agreement and the payment to the Departing Lenders of the Obligations due itthem, (a) the Departing Lenders shall have no further Commitment Commitments hereunder and (b) the Departing Lenders shall cease to have any rights or duties as Lenders hereunder; PROVIDEDprovided however, that the Departing Lenders shall remain entitled to indemnities under the Existing Credit Agreement hereunder which by their terms survive the termination of the Existing Credit this Agreement. [The first signature page follows.] 1181.29 1.30

Appears in 1 contract

Samples: Credit Agreement (Littelfuse Inc /De)

Departing Lenders. Upon the effectiveness of this Agreement and the payment to the Departing Lenders of the Obligations due it, (a) the Departing Lenders shall have no further Commitment hereunder and (b) the Departing Lenders shall cease to have any rights or duties as Lenders hereunder; PROVIDEDprovided, that the Departing Lenders shall remain entitled to indemnities under the Existing Credit Agreement which by their terms survive the termination of the Existing Credit Agreement. [The first signature page follows.] 118

Appears in 1 contract

Samples: Credit Agreement (Argosy Gaming Co)

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Departing Lenders. Upon the effectiveness of this Agreement and the payment to the each Departing Lenders Lender of the Obligations “Obligations” due itit under the Prior Credit Agreement, (a) the Departing Lenders shall have no further Commitment hereunder and (b) the Departing Lenders shall cease to have any rights or duties as Lenders hereunderhereunder or under the Prior Credit Agreement; PROVIDEDprovided, that the Departing Lenders shall remain entitled to indemnities under the Existing Credit Agreement hereunder which by their terms survive the termination of the Existing Prior Credit Agreement. [The first signature page follows.] 118

Appears in 1 contract

Samples: Credit Agreement (Midas Inc)

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