Common use of Original Credit Agreement Superseded Clause in Contracts

Original Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend and restate the Original Credit Agreement in its entirety, except as provided in this ss.28. On the Closing Date, the rights and obligations of the parties evidenced by the Original Credit Agreement shall be evidenced by the Credit Agreement and the other Loan Documents, the "Revolving Credit Loans" as defined in the Original Credit Agreement shall be converted to Revolving Credit Loans as defined herein and all outstanding letters of credit issued by the Agent for the account of the Company prior to the Closing Date shall, for purposes of this Credit Agreement, be Letters of Credit for the account of the Company.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc)

AutoNDA by SimpleDocs

Original Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend and restate supersede the Original Credit Agreement in its entirety, except as provided in this ss.28Section 29. On the Closing Date, the rights and obligations of the parties evidenced by the Original Credit Agreement shall be evidenced by the this Credit Agreement and the other Loan Documents, the "Revolving Credit Loans" as defined in the Original Credit Agreement shall be converted to Revolving Credit Loans as defined herein herein, and all outstanding letters of credit issued by the Agent for the account of the Company prior to the Closing Date shall, for purposes of this Credit Agreement, be Letters of Credit for the account of the Companyhereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Flextronics International LTD)

Original Credit Agreement Superseded. This Credit Agreement shall shall, on the Closing Date amend and restate Date, supersede the Original Credit Agreement in its entirety, except as expressly provided in this ss.28§17. On the Closing Date, the rights and obligations of the parties evidenced by the Original Credit Agreement shall be evidenced by the this Credit Agreement and the other Loan Documents, the "Revolving Credit Loans" as defined in the Original Credit Agreement shall be converted to Revolving Credit Loans as defined herein herein, and all outstanding letters of credit issued by the Agent for the account of the Company Borrower prior to the Closing Date shall, for purposes of this Credit Agreement, be Letters of Credit for the account of the Companyhereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Anacomp Inc)

Original Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend and restate supersede the Original Credit Agreement in its entirety, except as provided in this ss.28sec.30. On the Closing Date, the rights and obligations of the parties evidenced by the Original Credit Agreement shall be evidenced by the Credit Agreement and the other Loan Documents, the "Revolving Credit Loans" as defined in the Original Credit Agreement shall be converted to Revolving Credit Loans as defined herein herein, and all outstanding letters of credit issued by the Agent for the account of the Company Borrower prior to the Closing Date shall, for the purposes of this Credit Agreement, be Letters of Credit for the account of the CompanyCredit.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Filenes Basement Corp)

Original Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend and restate supersede the Original Credit Agreement in its entirety, except as provided in this ss.28(S)28. On the Closing Date, the rights and obligations of the parties evidenced by the Original Credit Agreement shall be evidenced by the Credit Agreement and the other Loan Documents, the "Revolving Credit Loans" as defined in the Original Credit Agreement shall be converted to Revolving Credit Loans as defined herein herein, and all outstanding letters of credit issued by the Agent for the account of the Company Borrower prior to the Closing Date shall, for the purposes of this Credit Agreement, be Letters of Credit for the account of the CompanyCredit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ameriking Inc)

AutoNDA by SimpleDocs

Original Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend and restate supersede the Original Credit Agreement in its entirety, except as provided in this ss.28Section 32. On the Closing Date, the rights and obligations of the parties evidenced by the Original Credit Agreement shall be evidenced by the this Credit Agreement and the other Loan Documents, the "Revolving Credit Loans" as defined in the Original Credit Agreement shall be converted to Revolving Credit Loans as defined herein herein, and all outstanding letters of credit issued by the Agent for the account of the Company prior to the Closing Date shall, for purposes of this Credit Agreement, be Letters of Credit for the account of the Companyhereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Flextronics International LTD)

Original Credit Agreement Superseded. This Credit Agreement shall on the Closing Date amend and restate supersede the Original Credit Agreement in its entirety, except as provided in this ss.28. On the Closing Date, the rights and obligations of the parties evidenced by the Original Credit Agreement Agreement, shall be evidenced by the Credit Agreement and the other Loan Documents, the "Revolving Credit Loans" as defined in the Original Credit Agreement shall be converted to Revolving Credit Loans as defined herein herein, and all outstanding letters of credit issued by the Agent for the account of the Company Borrower prior to the Closing Date shall, for the purposes of this Credit Agreement, be Letters of Credit for the account of the CompanyCredit.

Appears in 1 contract

Samples: And Term Loan Agreement (Holmes Products Corp)

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