Effect of Amendment and Restatement; No Novation. (a) Effective as of the Restatement Effective Date, the Revolving Credit Commitment of each Lender party to the Existing Credit Agreement that had a Revolving Credit Commitment thereunder immediately prior to the effectiveness of this Agreement but that does not have a Revolving Credit Commitment set forth on Schedule 2.01 to the Restated Credit Agreement immediately following the effectiveness of this Agreement (each, an “Exiting Lender”) shall terminate, and each Exiting Lender shall exit the Existing Credit Agreement and will no longer be a Lender or a Revolving Lender under the Existing Credit Agreement or the Restated Credit Agreement.
Appears in 2 contracts
Samples: Abl Credit Agreement (Community Health Systems Inc), Abl Credit Agreement (Community Health Systems Inc)
Effect of Amendment and Restatement; No Novation. (a) Effective as of the Restatement Effective Date, the Revolving Credit Commitment of each Lender party to the Existing Credit Agreement that had a Revolving Credit Commitment thereunder immediately prior to the effectiveness of this Agreement but that does not have a Revolving Credit Commitment set forth on Schedule 2.01 to the Restated Credit Agreement immediately following the effectiveness of this Agreement (each, an “Exiting Lender”) shall terminate, and each Exiting Lender shall exit the Existing Credit Agreement and will no longer be a Lender or a Revolving Lender under the Existing Credit Agreement or the Restated Credit Agreement.
Appears in 2 contracts
Samples: Agreement (Netscout Systems Inc), Agreement (Costar Group Inc)
