No Novation, etc. This Agreement is not intended to be, nor shall it be construed to create, a novation or accord and satisfaction and the Credit Agreement and the other Loan Documents shall remain in full force and effect. Notwithstanding any prior mutual temporary disregard of any of the terms of any of the Loan Documents, the parties agree that the terms of each of the Loan Documents shall be strictly adhered to on and after the date hereof, except as expressly modified by this Agreement.
Appears in 3 contracts
Samples: Extension Agreement, Extension Agreement (Lynch Corp), Extension Agreement (Lynch Corp)
No Novation, etc. This Agreement is not intended to be, nor shall it be construed to create, a novation or accord and satisfaction and the Credit Loan Agreement and the other Loan Documents Financing Agreements shall remain in full force and effect. Notwithstanding any prior mutual temporary disregard of any of the terms of any of the Loan DocumentsFinancing Agreements, the parties agree that the terms of each of the Loan Documents Financing Agreements shall be strictly adhered to on and after the date hereof, except as expressly modified by this Agreement.
Appears in 2 contracts
Samples: Forbearance and Amendment Agreement (Imperial Industries Inc), Forbearance Agreement (Dyersburg Corp)
No Novation, etc. This Agreement is not intended to be, nor shall it be construed to create, a novation or accord and satisfaction satisfaction, and the Credit Loan Agreement and the other Loan Other Documents shall remain in full force and effect. Notwithstanding any prior mutual temporary disregard of any of the terms of the Loan Agreement or any of the Loan Other Documents, the parties agree that the terms of each of the Loan Agreement and the Other Documents shall be strictly adhered to on and after the date hereof, except as expressly modified by this Agreement.
Appears in 2 contracts
Samples: Forbearance Agreement and Fourth Amendment to Loan and Security Agreement (Forbes Energy Services Ltd.), Forbearance Agreement and Loan and Security Agreement (Forbes Energy Services Ltd.)
No Novation, etc. This Agreement is not intended to be, nor shall it be construed to create, a novation or accord and satisfaction and satisfaction, and, except as otherwise expressly stated herein, the Credit Agreement and the other Loan Documents shall remain in full force and effect. Notwithstanding any prior mutual temporary disregard of any of the terms of any of the Credit Agreement or the other Loan Documents, the parties agree that the terms of each of the Credit Agreement and the other Loan Documents shall be strictly adhered to on and after the date hereof, except as expressly modified by this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Walker B B Co)
No Novation, etc. This Agreement is not intended to be, nor shall it be construed to create, a novation or accord and satisfaction and satisfaction, and, except as otherwise expressly stated herein, the Credit Loan Agreement and the other Loan Documents shall remain in full force and effect. Notwithstanding any prior mutual temporary disregard of any of the terms of any of the Loan Agreement or the other Loan Documents, the parties agree that the terms of each of the Loan Agreement and the other Loan Documents shall be strictly adhered to on and after the date hereof, except as expressly modified by this Agreement.
Appears in 1 contract
Samples: Loan Agreement and Forbearance Agreement (Diversified Corporate Resources Inc)
No Novation, etc. This Agreement is not intended to be, nor shall it be construed to create, a novation or accord and satisfaction and the Credit Agreement and the other Loan Documents shall remain in full force and effect. Notwithstanding any prior mutual temporary disregard of any of the terms of any of the Loan Documents, the parties agree that the terms of each of the Loan Documents shall be strictly adhered to on and after the date hereof, except as expressly modified by this Agreement.
Appears in 1 contract
No Novation, etc. This Agreement is not intended to be, nor shall it be construed to create, a novation or accord and satisfaction and satisfaction, nor an election of remedies by Lender, and, except as otherwise expressly stated herein, the Credit Agreement and the other Loan Documents shall remain in full force and effecteffect in accordance with their respective terms, as supplemented hereby if applicable. Notwithstanding any prior mutual temporary disregard of any of the terms of any of the Loan Documents, the parties agree that the terms of each of the Loan Documents shall be strictly adhered to on and after the date hereof, except as expressly modified by this Agreement.
Appears in 1 contract
Samples: Revolving Credit Agreement (Cadence Financial Corp)
