EFFECTIVE DATE AND CONDITIONS. 1. This Second Amending Agreement shall become effective as of January 3, 2018 (the “Effective Date”), subject to the fulfilment of all conditions precedent set out herein. 2. On the Effective Date, the Original Credit Agreement shall be modified by the foregoing amendment. The parties hereto agree that the changes to the Original Credit Agreement set out herein and the execution hereof shall not constitute novation and all the Security shall continue to apply to the Original Credit Agreement, as amended hereby, and all other obligations secured thereby. Without limiting the generality of the foregoing and to the extent necessary, (i) the Lenders, the Agent and the Finnvera Facility Agent reserve all of their rights under each of the Security Documents, and (ii) each of the Borrower and the Guarantors obligates itself again in respect of all present and future obligations under, inter alia, the Credit Agreement. 3. The Borrower shall pay all fees and costs, including all legal fees associated with this Agreement incurred by the Agent as contemplated and restricted by the provisions of Section 12.14 of the Credit Agreement. 4. All of the representations and warranties of the Borrower contained in Article 11 of the Credit Agreement (except where qualified in Article 11 as being made as at a particular date) are true and correct on and as of the Effective Date as though made on and as of the Effective Date.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Videotron Ltee)
EFFECTIVE DATE AND CONDITIONS. 1. This Second Amending Agreement shall become effective as of January 328, 2018 2015 (the “Effective Date”), subject to the fulfilment of all conditions precedent set out herein.
2. On the Effective Date, the Original Credit Agreement shall be modified by the foregoing amendment. The parties hereto agree that the changes to the Original Credit Agreement set out herein and the execution hereof shall not constitute novation and all the Security shall continue to apply to the Original Credit Agreement, as amended hereby, and all other obligations secured thereby. Without limiting the generality of the foregoing and to the extent necessary, (i) the Lenders, the Agent Lenders and the Finnvera Facility Agent reserve all of their rights under each of the Security Documents, and (ii) each of the Borrower and the Guarantors obligates itself again in respect of all present and future obligations under, inter alia, the Credit Agreement, as amended hereby.
3. The Borrower shall pay all fees and costs, including all legal fees associated with this Agreement incurred by the Agent as contemplated and restricted by the provisions of Section 12.14 of the Credit Agreement.
4. All of the representations and warranties of the Borrower contained in Article 11 of the Credit Agreement (except where qualified in Article 11 as being made as at a particular date) are true and correct on and as of the Effective Date as though made on and as of the Effective Date.
Appears in 2 contracts
Samples: Credit Agreement (Quebecor Media Inc), Credit Agreement (Videotron Ltee)
EFFECTIVE DATE AND CONDITIONS. 1. This Second Ninth Amending Agreement shall become effective as of January 3April 7, 2018 2008 (the “Effective Date”), subject to the fulfilment of all conditions precedent set out hereinherein and in the amended Section 10.2 above.
2. On the Effective Date, the Original Credit Agreement shall be modified by the foregoing amendmentamendments. The parties hereto agree that the changes to the Original Credit Agreement set out herein and the execution hereof shall not constitute novation and all the Security shall continue to apply to the Original Credit Agreement, as amended hereby, and all other obligations secured thereby. Without limiting the generality of the foregoing and to the extent necessary, (i) the Lenders, the Agent Lenders and the Finnvera Facility Agent reserve all of their rights under each of the Security Documents, and (ii) each of the Borrower and the Guarantors obligates itself again in respect of all present and future obligations under, inter alia, the Credit Agreement, as amended hereby.
3. The Borrower shall pay all fees and costs, including all (a) the fees referred to in the Borrower’s request letter dated February 15, 2008, and (b) legal fees associated with this Agreement incurred by the Agent as contemplated and restricted by the provisions of Section 12.14 of the Credit Agreement.
4. All of the representations and warranties of the Borrower contained in Article 11 of the Credit Agreement (except where qualified in Article 11 as being made as at a particular date) are true and correct on and as of the Effective Date as though made on and as of the Effective Date.12.14
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Videotron Ltee)