No Novation References to This Agreement in Loan Documents Sample Clauses

No Novation References to This Agreement in Loan Documents. (a) It is the express intent of the parties hereto that this Agreement (i) shall re-evidence the Resellers’ indebtedness under the Existing Credit Agreement, (ii) is entered into in substitution for, and except as provided in Section 7.1 hereof, not in payment of, the obligations of the Resellers under the Existing Credit Agreement, and (iii) is in no way intended to constitute a novation of any of the Resellers’ indebtedness which was evidenced by the Existing Credit Agreement or any of the other Loan Documents. Subject to Section 7.1 hereof, Loans made and Secured Obligations incurred under the Existing Credit Agreement which are outstanding on the Effective Date and not immediately repaid in connection with the reallocations described below shall continue, after giving effect to the reallocations described below, as Loans and Secured Obligations under (and shall be governed by the terms of) this Agreement. Without limiting the foregoing, upon the effectiveness hereof: the Administrative Agents shall make such reallocations of each Lender’s “Commitment” under the Existing Credit Agreement as necessary in order that such Lender’s Commitment hereunder reflects such Lender’s pro rata share of the Loans.
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No Novation References to This Agreement in Loan Documents 

Related to No Novation References to This Agreement in Loan Documents

  • References to this Agreement Numbered or lettered articles, sections and subsections herein contained refer to articles, sections and subsections of this Agreement unless otherwise expressly stated.

  • Implied References to this Agreement article, section, subsection, clause, schedule and exhibit references are to this Agreement or other Loan Document, as the case may be, unless otherwise specified;

  • References to the Credit Agreement Upon the effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein”, or words of like import shall mean and be a reference to the Credit Agreement as amended hereby, and each reference to the Credit Agreement in any other document, instrument or agreement executed and/or delivered in connection with the Credit Agreement shall mean and be a reference to the Credit Agreement as amended hereby.

  • Reference to and Effect on the Credit Agreement and the Other Loan Documents (a) On and after the effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in any other Loan Document to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment.

  • References to Loan Agreement All references in the Loan Documents to the Loan Agreement shall be deemed a reference to the Loan Agreement as modified and amended herein.

  • References to Credit Agreement All references in the Loan Documents to the Credit Agreement shall be deemed a reference to the Credit Agreement, as modified and amended herein.

  • Amendment of Loan Documents Grantor authorizes Bank, without notice or demand and without affecting its liability hereunder, from time to time to (a) renew, extend, or (with the approval of Borrower) otherwise change the terms of any Loan Document, or any part thereof; (b) take and hold security for the payment of any Loan Document, and exchange, enforce, waive and release any such security; and (c) apply such security and direct the order or manner of sale thereof as Bank in its sole discretion may determine.

  • Amendments to this Agreement This Agreement may only be amended by the parties in writing.

  • Amendments of this Agreement This Agreement may be amended by the parties only if such amendment is specifically approved by (i) the Board of Directors of the Fund, to the extent permitted by the Investment Company Act, or by the vote of a majority of the outstanding shares of the Portfolio, and (ii) by the vote of a majority of those directors of the Fund who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval.

  • Amendment to this Agreement No provision of this Agreement may be changed, discharged or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, discharge or termination is sought.

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