Common use of Effectiveness of Amendment and Restatement Clause in Contracts

Effectiveness of Amendment and Restatement. On and after the Closing Date, all obligations of the Loan Parties under the Existing Credit Agreement shall continue in full force and effect as obligations of the Loan Parties hereunder and the provisions of the Existing Credit Agreement shall be superseded by the provisions hereof except for provisions under the Existing Credit Agreement that expressly survive the termination thereof. The parties hereto acknowledge and agree that (a) the amendment and restatement of the Existing Credit Agreement pursuant to this Agreement and all other Loan Documents executed and delivered in connection herewith shall not constitute a novation of the Existing Credit Agreement and the other Loan Documents as in effect prior to the Closing Date and (b) all references in the other Loan Documents to the Existing Credit Agreement shall be deemed to refer without further amendment to this Agreement.

Effectiveness of Amendment and Restatement. On and after the Closing Amendment and Restatement Effective Date, all obligations of the Loan Parties Lead Borrower under the Existing Credit Original Loan Agreement shall continue in full force and effect as obligations of the Loan Parties Lead Borrower hereunder and the provisions of the Existing Credit Original Loan Agreement shall be superseded by the provisions hereof except for provisions under the Existing Credit Original Loan Agreement that expressly survive the termination thereof. The parties hereto acknowledge and agree that (a) the amendment and restatement of the Existing Credit Original Loan Agreement pursuant to this Agreement and all other Loan Documents executed and delivered in connection herewith shall not constitute a novation of the Existing Credit Original Loan Agreement and the other Loan Documents as in effect prior to the Closing Amendment and Restatement Effective Date and (b) all references in the other Loan Documents to the Existing Credit Original Loan Agreement shall be deemed to refer without further amendment to this Agreement.