Effect of Letter Sample Clauses

Effect of Letter. Except as set forth in Section 4, this Letter supersedes and replaces any prior written or verbal agreements relating on this subject matter between the Parties.
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Effect of Letter. This letter will constitute a written agreement amending the Distribution Agreement as contemplated by Section 9.10
Effect of Letter. Except as expressly set forth herein, it is acknowledged by the Parties that nothing in this Letter is intended to amend, modify, alter, override, or replace in any manner the terms and conditions of the Exclusivity Letter or the Term Sheet or to replace or override in any manner the terms and conditions set out in the Waiver Letters or, to the extent applicable to the Borrowing Bases, any waiver letter that may have been in place prior to the effective date of each of the Global Interests Acquisition and US Interests Acquisition (including the August 2 Waiver Letter) (collectively, the "Prior Waiver Letters") to which each Affiliate of Mercuria who is now a Lender is entitled to the benefits thereof in such capacity. Further, the Salient Terms are intended to be only supplemental to the terms of the Term Sheet and those terms and conditions agreed to in the Waiver Letters (to the extent such terms and conditions differ from the Salient Terms).
Effect of Letter. Paragraphs 1 through 6 of this letter are not binding on, and create no rights in favor of, either OTEN or Global. Paragraphs 7 through 15 of this letter are intended to be legally binding (collectively, the "Legally Binding Provisions") on each of the parties. Except for the Legally Binding Provisions, neither party may claim any legal rights against the other by reason of its signing this letter or by taking any action in reliance on this letter, and each party fully understands that neither party shall have any legal obligations to the other, or with respect to the proposed transactions, unless and until all of the terms and conditions of the proposed transactions have been negotiated, agreed to by both parties and set forth in a definitive Agreement and Plan of Share Exchange and related documentation that has been signed and delivered by all appropriate parties. The only legal obligations that either party shall have to the other shall be those contained in the Legally Binding Provisions and in such signed and delivered definitive agreements and documents.
Effect of Letter. The parties agree that except for the agreement to negotiate in good faith and Sections 5, 9, 10, 11, 12 and 13 each of which is binding and enforceable according to its terms, this Letter of Intent does not create binding rights or obligations. Any binding commitments other than those identified in the preceding sentence will be pursuant to the Definitive Agreement(s).

Related to Effect of Letter

  • Effect of Agreement Nothing herein contained shall be deemed to require to the Trust to take any action contrary to its Declaration of Trust or its By-Laws or any applicable law, regulation or order to which it is subject or by which it is bound, or to relieve or deprive the Trustees of the Trust of their responsibility for and control of the conduct of the business and affairs of the Trust.

  • Effect of Supplemental Agreements Upon the execution of any supplemental agreement under this Article, this Agreement shall be modified in accordance therewith, and such supplemental agreement shall form a part of this Agreement for all purposes; and every Holder of Certificates theretofore or thereafter authenticated, executed on behalf of the Holders and delivered hereunder, shall be bound thereby.

  • Continuing Effect of Agreement Except as amended by this Agreement, all provisions of the Agreement shall remain unchanged and in full force and effect. From and after the date of this Amendment, whenever the term “Agreement” appears in the Agreement, it shall mean the Agreement, as amended by this Amendment to the Agreement.

  • Effect of Application To the extent that any provision of any Application related to any Letter of Credit is inconsistent with the provisions of this Article III, the provisions of this Article III shall apply.

  • Effect of First Amendment The Agreement will remain in full force and effect except as specifically modified by this First Amendment. In the event of any conflict between the First Amendment and the Agreement, the terms of this First Amendment will govern.

  • Effect of Amendment All provisions of the Agreement, as expressly amended and modified by this Amendment, shall remain in full force and effect. After this Amendment becomes effective, all references in the Agreement (or in any other Transaction Document) to “this Agreement”, “hereof”, “herein” or words of similar effect referring to the Agreement shall be deemed to be references to the Agreement as amended by this Amendment. This Amendment shall not be deemed, either expressly or impliedly, to waive, amend or supplement any provision of the Agreement other than as set forth herein.

  • Effect of the Agreement Except as expressly provided herein, the Credit Agreement and the other Loan Documents shall remain unmodified and in full force and effect. Except as expressly set forth herein, this Agreement shall not be deemed (a) to be a waiver of, or consent to, a modification or amendment of, any other term or condition of the Credit Agreement or any other Loan Document, (b) to prejudice any other right or rights which the Administrative Agent or the Lenders may now have or may have in the future under or in connection with the Credit Agreement or the other Loan Documents or any of the instruments or agreements referred to therein, as the same may be amended, restated, supplemented or otherwise modified from time to time, (c) to be a commitment or any other undertaking or expression of any willingness to engage in any further discussion with the Borrower or any other Person with respect to any waiver, amendment, modification or any other change to the Credit Agreement or the Loan Documents or any rights or remedies arising in favor of the Lenders or the Administrative Agent, or any of them, under or with respect to any such documents or (d) to be a waiver of, or consent to or a modification or amendment of, any other term or condition of any other agreement by and among the Borrower, on the one hand, and the Administrative Agent or any other Lender, on the other hand. References in the Credit Agreement to “this Agreement” (and indirect references such as “hereunder”, “hereby”, “herein”, and “hereof”) and in any Loan Document to the Credit Agreement shall be deemed to be references to the Credit Agreement as modified hereby.

  • Effect of Addendum THIS ADDENDUM AMENDS AND SUPPLEMENTS THE CONTRACT AND, IF APPLICABLE, ESCROW INSTRUCTIONS. IN THE EVENT THERE IS ANY CONFLICT BETWEEN THIS ADDENDUM AND THE CONTRACT OR ESCROW INSTRUCTIONS OR NOTICE OR OTHER DOCUMENTS ATTACHED AND MADE A PART OF THE AGREEMENT, THE TERMS OF THIS ADDENDUM TAKE PRECEDENCE AND SHALL PREVAIL EXCEPT AS OTHERWISE PROVIDED BY LAW.

  • Execution and Effect of Agreement Buyer has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder, and the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance of Buyer’s obligations hereunder have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement has been duly executed and delivered by Buyer and constitutes the legal, valid and binding obligation of Buyer, enforceable against it in accordance with its terms, subject to the Enforceability Exceptions.

  • Revocation and Effect of Consents, Waivers and Actions Until an amendment, waiver or other action by Holders becomes effective, a consent thereto by a Holder of a Security hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same obligation as the consenting Holder's Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent, waiver or action as to such Holder's Security or portion of the Security if the Trustee receives the notice of revocation before the date the amendment, waiver or action becomes effective. After an amendment, waiver or action becomes effective, it shall bind every Securityholder.

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