Common use of Existing Credit Agreement to Remain in Full Force and Effect Clause in Contracts

Existing Credit Agreement to Remain in Full Force and Effect. This Agreement shall be deemed to be an amendment to and restatement of the Existing Credit Agreement and the Existing Credit Agreement as amended and restated hereby shall remain in full force and effect and is hereby ratified and confirmed in all respects. All references to the Existing Credit Agreement in any other agreement or document shall, on and after the Closing Date, be deemed to refer to the Existing Credit Agreement as amended and restated hereby, and all references to "Bank" or "Banks" in any other agreement or document shall, on and after the Closing Date, be deemed to be references to "Lender" and "Lenders", respectively. The Borrower agrees, acknowledges and affirms that (i) each of the Collateral Documents to which it is a party shall remain in full force and effect and shall constitute security for all extensions of credit pursuant to the Existing Credit Agreement as amended and restated hereby and (ii) any reference to the Existing Credit Agreement appearing in any such Collateral Document shall on and after the Closing Date be deemed to refer to the Existing Credit Agreement as amended and restated hereby.

Appears in 2 contracts

Samples: Credit Agreement (Bally Total Fitness Holding Corp), Credit Agreement (Bally Total Fitness Holding Corp)

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Existing Credit Agreement to Remain in Full Force and Effect. This Agreement shall be deemed to be an amendment to and restatement of the Existing Credit Agreement and the Existing Credit Agreement as amended and restated hereby shall remain in full force and effect and is hereby ratified and confirmed in all respects. All references to the Existing Credit Agreement in any other agreement or document shall, on and after the Closing Date, be deemed to refer to the Existing Credit Agreement as amended and restated hereby, and all references to "Bank" or "Banks" in any other agreement or document shall, on and after the Closing Date, be deemed to be references to "Lender" and "Lenders", respectively. The Borrower agrees, acknowledges and affirms that (i) each of the Collateral Documents to which it is a party shall remain in full force and effect and shall constitute security for all extensions of credit pursuant to the Existing Credit Agreement as amended and restated hereby and (ii) any reference to the Existing Credit Agreement appearing in any such Collateral Document shall on and after the Closing Date be deemed to refer to the Existing Credit Agreement as amended and restated hereby.. 96

Appears in 1 contract

Samples: Credit Agreement (Bally Total Fitness Holding Corp)

Existing Credit Agreement to Remain in Full Force and Effect. This Agreement shall be deemed to be an amendment to and restatement of the Existing Credit Agreement and the Existing Credit Agreement as amended and restated hereby shall remain in full force and effect and is hereby ratified and confirmed in all respects. All references to the Existing Credit Agreement in any other agreement or document shall, on and after the Closing Date, be deemed to refer to the Existing Credit Agreement as amended and restated hereby, and all references to "Bank" or "Banks" in any other agreement or document shall, on and after the Closing Date, be deemed to be references to "Lender" and "Lenders", respectively. The Borrower agrees, acknowledges and affirms that (i) each of the Collateral Documents to which it is a party Borrower Pledge Agreement shall remain in full force and effect and shall constitute security for all extensions of credit pursuant to the Existing Credit Agreement as amended and restated hereby and (ii) any reference to the Existing Credit Agreement appearing in any such Collateral Document Borrower Pledge Agreement shall on and after the Closing Date be deemed to refer to the Existing Credit Agreement as amended and restated hereby.

Appears in 1 contract

Samples: Credit Agreement (Community Health Systems Inc)

Existing Credit Agreement to Remain in Full Force and Effect. This Agreement shall be deemed to be an amendment to and restatement of the Existing Credit Agreement and the Existing Credit Agreement as amended and restated hereby shall remain in full force and effect and is hereby ratified and confirmed in all respects. All references to the Existing Credit Agreement in any other agreement or document shall, on and after the Closing Date, be deemed to refer to the Existing Credit Agreement as amended and restated hereby, and all references to "Bank" or "Banks" in any other agreement or document shall, on and after the Closing Date, be deemed to be references to "Lender" and "Lenders", respectively. The Borrower agrees, acknowledges and affirms that (i) each of the Collateral Documents to which it is a party shall remain in full force and effect and shall constitute security for all extensions of credit pursuant to the Existing Credit Agreement as amended and restated hereby and (ii) any reference to the Existing Credit Agreement appearing in any such Collateral Document shall on and after the Closing Date be deemed to refer to the Existing Credit Agreement as amended and restated hereby.. ARTICLE

Appears in 1 contract

Samples: Credit Agreement (Bally Total Fitness Holding Corp)

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Existing Credit Agreement to Remain in Full Force and Effect. This Agreement shall be deemed to be an amendment to and restatement of the Existing Credit Agreement and the Existing Credit Agreement as amended and restated hereby shall remain in full force and effect and is hereby ratified and confirmed in all respects. All references to the Existing Credit Agreement in any other agreement or document shall, on and after the Closing Date, be deemed to refer to the Existing Credit Agreement as amended and restated hereby, and all references to "Bank" or "Banks" in any other agreement or document shall, on and after the Closing Date, be deemed to be references to "Lender" and "Lenders", respectively. The Borrower agrees, acknowledges and affirms that (i) each of the Collateral Documents to which it is a party shall remain in full force and effect and shall constitute security for all extensions of credit pursuant to the Existing Credit Agreement as amended and restated hereby and (ii) any reference to the Existing Credit Agreement appearing in any such Collateral Document shall on and after the Closing Date be deemed to refer to the Existing Credit Agreement as amended and restated hereby.

Appears in 1 contract

Samples: Credit Agreement (Bally Total Fitness Holding Corp)

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