Common use of No Cancellation Clause in Contracts

No Cancellation. This Amendment evidences the same indebtedness as evidenced by the Credit Agreement and other Loan Documents (as modified hereby). This Amendment is secured by the Collateral as provided in the Credit Agreement including all amendments and modifications thereto. This Amendment is an extension, modification and amendment of the prior documents and the execution hereof does not evidence a cancellation of the indebtedness evidenced by the prior documents.

Appears in 13 contracts

Samples: Credit and Security Agreement (Mendocino Brewing Co Inc), Credit and Security Agreement (Mendocino Brewing Co Inc), Credit and Security Agreement (Mendocino Brewing Co Inc)

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No Cancellation. This Amendment evidences the same indebtedness as evidenced by the Credit Agreement and other Loan Documents (as modified hereby). This Amendment is secured by the Collateral as provided in the Credit Agreement including all amendments and modifications thereto. All future advances made to the Borrower or the Guarantors in the good faith judgment of the lender for the purpose of protecting Lender’s interests in the collateral will also be secured by this Amendment. This Amendment is an extension, modification and amendment of the prior documents and the execution hereof does not evidence a cancellation of the indebtedness evidenced by the prior documents.

Appears in 3 contracts

Samples: Credit and Security Agreement (MGP Ingredients Inc), Credit and Security Agreement (MGP Ingredients Inc), Credit and Security Agreement (Professional Veterinary Products LTD /Ne/)

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