Common use of Loans and Borrowings Under Existing Credit Agreement Clause in Contracts

Loans and Borrowings Under Existing Credit Agreement. On the Effective Date, the Administrative Agent, for the ratable benefit of the Banks, has acquired from the lenders under the Existing Credit Agreement, and contemporaneously assigned to the Banks pro rata in accordance with their Commitments, the notes, loans and liens of Borrower and the other Credit Parties existing thereunder. In connection with such acquisition and assignment and the amendment and restatement of the Existing Credit Agreement as so assigned:

Appears in 3 contracts

Samples: Credit Agreement (Laredo Petroleum - Dallas, Inc.), Credit Agreement (Laredo Petroleum Holdings, Inc.), Credit Agreement (Laredo Petroleum, Inc.)

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Loans and Borrowings Under Existing Credit Agreement. On the Effective Date, the Administrative Agent, for the ratable benefit of the BanksSecured Parties, has acquired from the lenders under the Existing Credit Agreement, and contemporaneously assigned to the Banks pro rata in accordance with their Commitments, Agreement the notes, loans commitments and liens Liens of the Borrower and the other Credit Parties Guarantors existing thereunder. In connection with such acquisition and assignment and the amendment and restatement of the Existing Credit Agreement as so assigned:

Appears in 3 contracts

Samples: Credit Agreement (Oasis Petroleum Inc.), Credit Agreement (Oasis Petroleum Inc.), Credit Agreement (Oasis Petroleum Inc.)

Loans and Borrowings Under Existing Credit Agreement. On the Effective Date, the Administrative Agent, for the ratable benefit of the BanksLenders, has acquired from the lenders under the Existing Credit Agreement, Agreement the notes and contemporaneously assigned to the Banks pro rata in accordance with their Commitmentsobligations of Borrower existing thereunder, the notes, loans and liens of Borrower relating thereto and the other Credit Parties existing commitments of such lenders thereunder. In connection with such acquisition and assignment and the amendment and restatement of the Existing Credit Agreement as so assigned:

Appears in 1 contract

Samples: Credit Agreement (Northern Oil & Gas, Inc.)

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Loans and Borrowings Under Existing Credit Agreement. On the Effective Date, the Administrative Agent, for the ratable benefit of the BanksLenders, has acquired from the lenders under the Existing Credit Agreement, and contemporaneously assigned to the Banks pro rata in accordance with their Commitments, Agreement the notes, loans commitments and liens Liens of the Borrower and the other Credit Parties Guarantors existing thereunder. In connection with such acquisition and assignment and the amendment and restatement of the Existing Credit Agreement as so assigned:

Appears in 1 contract

Samples: Credit Agreement (Oasis Petroleum Inc.)

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