Common use of Original Credit Agreement Superseded Clause in Contracts

Original Credit Agreement Superseded. On the Restatement Date, this Agreement shall supersede the Original Credit Agreement in its entirety, except as provided in this Section 10.20. On the Restatement Date, (a) the rights and obligations of the parties evidenced by the Original Credit Agreement shall be evidenced by this Agreement and the other Loan Documents and (b) the Original Letters of Credit shall be deemed to have been issued pursuant hereto, and from and after the Restatement Date shall be deemed to be Letters of Credit subject to and governed by the terms and conditions hereof.

Appears in 2 contracts

Samples: Credit Agreement (HMS Holdings Corp), Credit Agreement (HMS Holdings Corp)

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Original Credit Agreement Superseded. On the Restatement Date, this This Credit Agreement shall supersede on the Effective Date amend and restate the Original Credit Agreement in its entirety, except as provided in this Section 10.20(S)31. On the Restatement Effective Date, (a) the rights and obligations of the parties evidenced by the Original Credit Agreement shall be evidenced by this the Credit Agreement and the other Loan Documents and (b) Documents, the "Revolving Credit Loans" as defined in the Original Letters of Credit Agreement shall be deemed converted to have been issued pursuant heretoRevolving Credit Loans as defined herein, and from and after the Restatement Date shall be deemed to be Letters of Credit subject to and governed by the terms and conditions hereof."

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Petro Stopping Centers L P), Credit and Term Loan Agreement (Petro Stopping Centers Holdings Lp)

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Original Credit Agreement Superseded. On the Restatement Date, this This Credit Agreement shall supersede on the Closing Date amend and restate the Original Credit Agreement in its entirety, except as provided in this Section 10.2030. On the Restatement Closing Date, (a) the rights and obligations of the parties evidenced by the Original Credit Agreement shall be evidenced by this the Credit Agreement and the other Loan Documents Documents, as defined herein, and (b) the Loans as defined in the Original Letters of Credit Agreement, collectively, shall be deemed converted to have been issued pursuant hereto, and from and after the Restatement Date shall be deemed to be Letters of Credit subject to and governed by the terms and conditions hereofLoans as defined herein.

Appears in 1 contract

Samples: Credit Agreement (Transtechnology Corp)

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