Common use of Existing Credit Agreement Superseded Clause in Contracts

Existing Credit Agreement Superseded. This Agreement shall on the Effective Date supersede the Existing Credit Agreement in its entirety, except as provided in this 25. On the Effective Date, the rights and obligations of the parties evidenced by the Existing Credit Agreement shall be evidenced by the Agreement and other Loan Documents, the "Syndicated Loans" as defined in the Existing Credit Agreement shall be converted to Syndicated Loans hereunder, and all outstanding letters of credit issued by Fleet for the account of the Company prior to the Effective Date shall, for the purposes of this Credit Agreement, be Letters of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro Inc)

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Existing Credit Agreement Superseded. This Agreement shall on the Effective Date supersede the Existing Credit Agreement in its entirety, except as provided in this section 25. On the Effective Date, the rights and obligations of the parties evidenced by the Existing Credit Agreement shall be evidenced by the Agreement and other Loan DocumentsAgreement, the "Syndicated Loans" as defined in the Existing Credit Agreement shall be converted to Syndicated Loans hereunder, and all outstanding letters of credit issued by Fleet for the account of the Company prior to the Effective Date shall, for the purposes of this Credit Agreement, be Letters of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro Inc)

Existing Credit Agreement Superseded. This Agreement shall on the Effective Date supersede the Existing Credit Agreement in its entirety, except as provided in this 25. On the Effective Date, the rights and obligations of the parties evidenced by the Existing Credit Agreement shall be evidenced by the Agreement and other Loan Documents, the "Syndicated Loans" as defined in the Existing Credit Agreement shall be converted to Syndicated Loans hereunder, and all outstanding letters of credit issued by Fleet for the account of the Company prior to the Effective Date shall, for the purposes of this Credit Agreement, be Letters of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro Inc)

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Existing Credit Agreement Superseded. This Agreement shall on the Effective Date supersede the Existing Credit Agreement in its entirety, except as provided in this 25. On the Effective Date, the rights and obligations of the parties evidenced by the Existing Credit Agreement shall be evidenced by the Agreement and other Loan Documents, and the "Syndicated Loans" as defined in the Existing Credit Agreement shall be converted to Syndicated Loans hereunder, and all outstanding letters of credit issued by Fleet for the account of the Company prior to the Effective Date shall, for the purposes of this Credit Agreement, be Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Hasbro Inc)

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