Common use of Novation of New Lender Clause in Contracts

Novation of New Lender. The New Lender hereby agrees that it will be bound by the Credit Agreement and the other Documents as a Lender to the extent of its Commitment as fully as if it had been an original party to the Credit Agreement.

Appears in 5 contracts

Samples: Fourth Amending Agreement (Hammerhead Energy Inc.), First Amending Agreement (Obsidian Energy Ltd.), Credit Agreement

AutoNDA by SimpleDocs

Novation of New Lender. The New Lender hereby agrees that it will be bound by the Credit Agreement and the other Documents as a Lender to the extent of its Syndicated Facility Commitment as fully as if it had been an original party to the Credit Agreement.

Appears in 1 contract

Samples: Sixth Amending Agreement (Baytex Energy Trust)

AutoNDA by SimpleDocs

Novation of New Lender. The New Lender hereby agrees that it will be bound by the Credit Agreement and the other Documents as a Lender to the extent of its Commitment Commitments as fully as if it had been an original party to the Credit Agreement.

Appears in 1 contract

Samples: Agreement (Baytex Energy Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.