Common use of Effect on Existing Credit Agreement Clause in Contracts

Effect on Existing Credit Agreement. (a) Upon satisfaction of the conditions precedent set forth in Section 4.01, this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit Agreement, and the Existing Credit Agreement shall be superseded by this Agreement in all respects, in each case, on a prospective basis only.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Strategic Realty Trust, Inc.), Credit Agreement (Strategic Realty Trust, Inc.)

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Effect on Existing Credit Agreement. (a) Upon satisfaction of the conditions precedent set forth in Section 4.013.1, this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit Agreement, and the Existing Credit Agreement shall be superseded by this Agreement in all respects, in each case, on a prospective basis only.

Appears in 2 contracts

Samples: Credit Agreement (Community Healthcare Trust Inc), Credit Agreement (Community Healthcare Trust Inc)

Effect on Existing Credit Agreement. (a) Upon satisfaction of the conditions precedent set forth in Section 4.013.1, this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit Agreement, and the Existing Credit Agreement shall be superseded by this Agreement in all respects, in each case, on a prospective basis only; provided, however, the amendment to Section 6.5 shall be deemed to be effective as of June 30, 2016.

Appears in 1 contract

Samples: Credit Agreement (Community Healthcare Trust Inc)

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Effect on Existing Credit Agreement. (a) Existing Credit Agreement. Upon satisfaction of the conditions precedent set forth in Section 4.015.1, this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit Agreement, and the Existing Credit Agreement shall be superseded by this Agreement in all respects, in each case, on a prospective basis only.

Appears in 1 contract

Samples: Credit Agreement (Lexington Realty Trust)

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