Common use of Existing Security Agreement Amended and Restated Clause in Contracts

Existing Security Agreement Amended and Restated. This Agreement is an amendment and restatement of the Existing Security Agreement. This Agreement is in no way intended to constitute a novation of the Existing Security Agreement or the Secured Obligations (as defined in the Existing Security Agreement). With respect to (i) any date or time period occurring and ending prior to the Restatement Date, the Existing Security Agreement and the other Loan Documents shall govern the respective rights and obligations of any party or parties hereto also party thereto and shall for such purposes remain in full force and effect; and (ii) any date or time period occurring or ending on or after the Restatement Date, the rights and obligations of the parties hereto shall be governed by this Agreement (including, without limitation, the schedules hereto) and the other Loan Documents (as defined in the Credit Agreement). From and after the Restatement Date, the provisions of this Agreement shall prevail in the event of any conflict or inconsistency between such provisions and those of the Existing Security Agreement. Any security granted pursuant to or in connection with the Existing Security Agreement shall continue to secure the obligations of the Pledgors arising pursuant to or in connection with the Credit Agreement (including all such obligations arising

Appears in 1 contract

Samples: Security Agreement (Sportsman's Warehouse Holdings, Inc.)

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Existing Security Agreement Amended and Restated. This Agreement is an amendment and restatement of the Existing Security Agreement. This Agreement is in no way intended to constitute a novation of the Existing Security Agreement or the Secured Obligations (as defined in existing under the Credit Agreement or the Existing Security Agreement). With respect to (i) any date or time period occurring and ending prior to the Restatement Second Amendment Effective Date, the Existing Security Agreement and the other Loan Documents shall govern the respective rights and obligations of any party or parties hereto also party thereto and shall for such purposes remain in full force and effect; and (ii) any date or time period occurring or ending on or after the Restatement Second Amendment Effective Date, the rights and obligations of the parties hereto shall be governed by this Agreement (including, without limitation, the schedules hereto) and the other Loan Documents (as defined in the Credit Agreement)Documents. From and after the Restatement Second Amendment Effective Date, the provisions of this Agreement shall prevail in the event of any conflict or inconsistency between such provisions and those of the Existing Security Agreement. Any security granted pursuant to or in connection with the Credit Agreement and the other Loan Documents (whether pursuant to the Existing Security Agreement or otherwise) shall continue to secure the obligations of the Pledgors Grantors arising pursuant to or in connection with the Credit Agreement (including all such obligations arisingand the other Loan Documents.

Appears in 1 contract

Samples: Asset Based Loan Credit Agreement (Express, Inc.)

Existing Security Agreement Amended and Restated. This Agreement is an amendment and restatement of the Existing Security Agreement. This Agreement is in no way intended to constitute a novation of the Existing Security Agreement or the Secured Obligations (as defined in the Existing Security Agreement). With respect to (i) any date or time period occurring and ending prior to the Restatement Second Amendment Effective Date, the Existing Security Agreement and the other Loan Documents shall govern the respective rights and obligations of any party or parties hereto also party thereto and shall for such purposes remain in full force and effect; and (ii) any date or time period occurring or ending on or after the Restatement Second Amendment Effective Date, the rights and obligations of the parties hereto shall be governed by this Agreement (including, without limitation, the schedules hereto) and the other Loan Documents (as defined in the Credit Agreement). From and after the Restatement Second Amendment Effective Date, the provisions of this Agreement shall prevail in the event of any conflict or inconsistency between such provisions and those of the Existing Security Agreement. Any security granted pursuant to or in connection with the Existing Security Agreement shall continue to secure the obligations of the Pledgors arising pursuant to or in connection with the Credit Agreement (including all such obligations arisingarising initially pursuant to or in connection with the Credit Agreement and the other Loan Documents (each as in effect immediately prior to the Second Amendment Effective Date)).

Appears in 1 contract

Samples: Security Agreement (Sportsman's Warehouse Holdings, Inc.)

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Existing Security Agreement Amended and Restated. This Agreement is an amendment and restatement of the Existing Security Agreement. This Agreement is in no way intended to constitute a novation of the Existing Security Agreement or the Secured Obligations (as defined in existing under the Credit Agreement or the Existing Security Agreement). With respect to (i) any date or time period occurring and ending prior to the Restatement Second Amendment Effective Date, the Existing Security Agreement and the other Loan Documents shall govern the respective rights and obligations of any party or parties hereto also party thereto and shall for such purposes remain in full force and effect; and (ii) any date or time period occurring or ending on or after the Restatement Second Amendment Effective Date, the rights and obligations of the parties hereto shall be governed by this Agreement (including, without limitation, the schedules hereto) and the other Loan Documents (as defined in the Credit Agreement)Documents. From and after the Restatement Second Amendment Effective Date, the provisions of this Agreement shall prevail in the event of any conflict or inconsistency between such provisions and those of the Existing Security Agreement. Any security granted pursuant to or in connection with the Credit Agreement and the other Loan Documents (whether pursuant to the Existing Security Agreement or otherwise) shall continue to secure the obligations of the Pledgors Grantors arising pursuant to or in connection with the Credit Agreement (including all such obligations arisingand the other Loan Documents.

Appears in 1 contract

Samples: Asset Based Loan Credit Agreement (Express, Inc.)

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