Common use of Effect of Amendment; No Novation Clause in Contracts

Effect of Amendment; No Novation. (a) Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of the Administrative Agent, the Lenders or the Issuing Lenders under the Credit Agreement and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement, all of which shall continue in full force and effect in accordance with the provisions thereof. Nothing herein shall be deemed to entitle [[5772876]] any of the Borrowers on any other occasion to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement in similar or different circumstances. Neither this Amendment nor any provision hereof may be waived, amended or modified except in accordance with the provisions of Section 9.8 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (ViacomCBS Inc.)

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Effect of Amendment; No Novation. (a) Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of the Administrative Agent, the Lenders Agent or the Issuing Lenders under the Credit Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligationsobligations (including, for the avoidance of doubt, any guarantee obligations and indemnity obligations of the Guarantors), covenants or agreements contained in the Credit AgreementAgreement or any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect in accordance with the provisions thereofeffect. Nothing herein shall be deemed to entitle [[5772876]] any of the Borrowers on any other occasion Loan Party to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document in similar or different circumstances. Neither this Amendment nor any provision hereof may be waived, amended or modified except in accordance with the provisions of Section 9.8 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Level 3 Communications Inc)

Effect of Amendment; No Novation. (a) Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of the Administrative AgentLenders, the Lenders Issuing Lender, the Collateral Agent or the Issuing Lenders Administrative Agent under any Loan Documents, and, except as set forth in the Amended Credit Agreement and the other Loan Documents, shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreementany Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect in accordance with the provisions thereofeffect. Nothing herein shall be deemed to entitle [[5772876]] any of the Borrowers on any other occasion Loan Party to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Existing Credit Agreement, the Amended Credit Agreement or any other Loan Document in similar or different circumstances. Neither this This Amendment nor any provision hereof may be waived, amended or modified except in accordance with the provisions of Section 9.8 shall constitute a “Loan Document” for all purposes of the Existing Credit AgreementAgreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Microsemi Corp)

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Effect of Amendment; No Novation. (a) Except as expressly set forth herein, this Amendment shall not (i) by implication or otherwise limit, impair, constitute a waiver of, of or otherwise affect the rights and remedies of the Administrative Agent, the Lenders Letter of Credit Issuers or the Issuing Lenders under the Credit Agreement any Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligationsobligations (including, for the avoidance of doubt, any guarantee obligations and indemnity obligations of the Guarantors and any grants of security interests by the Guarantors), covenants or agreements contained in the Credit Agreementany Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect or (ii) be construed as a substitution or novation of the Obligations outstanding under the Existing Credit Agreement or instruments guaranteeing or securing the same, which shall remain in accordance with full force and effect, except to the provisions thereofextent modified hereby. Nothing herein shall be deemed to entitle [[5772876]] any of the Borrowers on any other occasion Obligor to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement any Loan Document in similar or different circumstances. Neither this Amendment nor any provision hereof may be waived, amended or modified except in accordance with the provisions of Section 9.8 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (United Rentals North America Inc)

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