Common use of Effect of Existing Credit Agreement Clause in Contracts

Effect of Existing Credit Agreement. This Agreement amends and restates the Existing Credit Agreement in its entirety, provided that the obligations of the Borrowers incurred under the Existing Credit Agreement shall continue under this Agreement, and shall not in any circumstances be terminated, extinguished or discharged hereby or thereby but shall hereafter be governed by the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Cabelas Inc), Credit Agreement (Cabelas Inc)

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Effect of Existing Credit Agreement. This Agreement amends and restates replaces in its entirety the Existing Credit Agreement in its entiretyAgreement, provided provided, that the obligations of the Borrowers Borrower incurred under the Existing Credit Agreement shall continue under this Agreement, and shall not in any circumstances circumstance be terminated, extinguished or discharged hereby or thereby but shall hereafter be governed by the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Norstan Inc), Credit Agreement (Norstan Inc)

Effect of Existing Credit Agreement. This Agreement amends and restates replaces in its entirety the Existing Credit Agreement in its entiretyAgreement, provided that the obligations of the Borrowers Borrower incurred under the Existing Credit Agreement shall continue under this Agreement, Agreement and shall not in any circumstances circumstance be terminated, extinguished extinguished, or discharged hereby or thereby but shall hereafter be governed by the terms of this Agreement. None of the liens created by the Existing Credit Agreement shall be terminated, extinguished, or discharged hereby.

Appears in 2 contracts

Samples: Credit Agreement (Universal Electronics Inc), Credit Agreement (Universal Electronics Inc)

Effect of Existing Credit Agreement. This Agreement amends and restates in its entirety the Existing Credit Agreement in its entiretyAgreement, provided that the obligations of the Borrowers Borrower incurred under the Existing Credit Agreement shall continue under this Agreement, Agreement and shall not in any circumstances circumstance be terminated, extinguished extinguished, or discharged hereby or thereby but shall hereafter be governed by the terms of this Agreement, and this Agreement does not constitute a novation of the Existing Credit Agreement. None of the Liens created in connection with the Existing Credit Agreement shall be terminated, extinguished, or discharged hereby or by any Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Hawkins Inc)

Effect of Existing Credit Agreement. This As to the Borrower and the Banks, this Agreement amends and restates the Existing Credit Agreement in its entirety, provided that the obligations of the Borrowers Borrower incurred under the Existing Credit Agreement shall continue under this Agreement, and shall not in any circumstances be terminated, extinguished or discharged hereby or thereby but shall hereafter be governed by the terms of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Lecg Corp)

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Effect of Existing Credit Agreement. This Agreement amends and restates replaces in its entirety the Existing Credit Agreement in its entiretyAgreement, provided that the obligations of the Borrowers any Borrower incurred under the Existing Credit Agreement shall continue under this Agreement, Agreement and shall not in any circumstances circumstance be terminated, extinguished extinguished, or discharged hereby or thereby but shall hereafter be governed by the terms of this Agreement. None of the security interests created by the Existing Credit Agreement or the other Loan Documents shall be terminated, extinguished, or discharged hereby. This Agreement is not intended to and shall not constitute a novation.

Appears in 1 contract

Samples: Credit Agreement (Galaxy Gaming, Inc.)

Effect of Existing Credit Agreement. This Agreement ----------------------------------- amends and restates replaces in its entirety the Existing Credit Agreement in its entiretyAgreement; provided, provided -------- however, that the obligations of the Borrowers Borrower incurred under the Existing Credit ------ Agreement shall continue under this Agreement, and shall not in any circumstances circumstance be terminated, extinguished or discharged hereby or thereby but shall hereafter be governed by the terms of this Agreement. [The remainder of this page intentionally left blank.]

Appears in 1 contract

Samples: Credit Agreement (Buca Inc /Mn)

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