Common use of Existing Credit Agreement Superseded Clause in Contracts

Existing Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend, restate, and supersede the Existing Credit Agreement in its entirety, except as provided in this §17. On the Closing Date, the rights and obligations of the parties evidenced by the Existing Credit Agreement shall be evidenced by this Credit Agreement. All “Obligations” (as defined in the Existing Credit Agreement) shall continue to be outstanding except as expressly modified by this Credit Agreement and any other applicable Loan Documents and shall be governed in all respects by this Credit Agreement and the other Loan Documents, it being agreed and understood that this Credit Agreement represents a modification of, and does not constitute a novation, satisfaction, payment or reborrowing of any Obligation (as defined in the Existing Credit Agreement), nor does it operate as a waiver of any right, power or remedy of the Administrative Agent, the Issuing Bank or any Lender under any “Loan Documents” (as defined in the Existing Credit Agreement).

Appears in 1 contract

Samples: Credit Agreement (Barnes Group Inc)

AutoNDA by SimpleDocs

Existing Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend, restate, and supersede the Existing Credit Agreement in its entirety, except as provided in this §Article 17. On the Closing Date, the rights and obligations of the parties evidenced by the Existing Credit Agreement shall be evidenced by this Credit Agreement. All “Obligations” (as defined in the Existing Credit Agreement) shall continue to be outstanding except as expressly modified by this Credit Agreement and any other applicable Loan Documents and shall be governed in all respects by this Credit Agreement and the other Loan Documents, it being agreed and understood that this Credit Agreement represents a modification of, and does not constitute a novation, satisfaction, payment or reborrowing of any Obligation (as defined in the Existing Credit Agreement), nor does it operate as a waiver of any right, power or remedy of the Administrative Agent, the Issuing Bank or any Lender under any “Loan Documents” (as defined in the Existing Credit Agreement).

Appears in 1 contract

Samples: Credit Agreement (Barnes Group Inc)

Existing Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend, restate, and supersede the Existing Credit Agreement in its entirety, except as provided in this §Article 17. On the Closing Date, the rights and obligations of the parties evidenced by the Existing Credit Agreement shall be evidenced by this Credit Agreement. All “Obligations” (as defined in the Existing Credit Agreement) shall continue to be outstanding except as expressly modified by this Credit Agreement and any other applicable Loan Documents and shall be governed in all respects by this Credit Agreement and the other Loan Documents, it being agreed and understood that this Credit Agreement represents a modification of, and does not constitute a novation, satisfaction, payment or reborrowing of any Obligation (as defined in the Existing Credit Agreement), nor does it operate as a waiver of any right, power or remedy of the Administrative Agent, the Issuing Bank or any Lender under any “Loan Documents” (as defined in the Existing Credit Agreement).. 148

Appears in 1 contract

Samples: Credit Agreement (Barnes Group Inc)

AutoNDA by SimpleDocs

Existing Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend, restate, and supersede the Existing Credit Agreement in its entirety, except as provided in this §17. On the Closing Date, the rights and obligations of the parties evidenced by the Existing Credit Agreement shall be evidenced by this Credit Agreement. All “Obligations” (as defined in the Existing Credit Agreement) shall continue to be outstanding except as expressly modified by this Credit Agreement and any other applicable Loan Documents and shall be governed in all respects by this Credit Agreement and the other Loan 134 Documents, it being agreed and understood that this Credit Agreement represents a modification of, and does not constitute a novation, satisfaction, payment or reborrowing of any Obligation (as defined in the Existing Credit Agreement), nor does it operate as a waiver of any right, power or remedy of the Administrative Agent, the Issuing Bank or any Lender under any “Loan Documents” (as defined in the Existing Credit Agreement).

Appears in 1 contract

Samples: Credit Agreement (Barnes Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.