PROVISIONS OF ORIGINAL AGREEMENT APPLICABLE TO NEW DEVELOPMENT LOAN Sample Clauses

PROVISIONS OF ORIGINAL AGREEMENT APPLICABLE TO NEW DEVELOPMENT LOAN. As of the Effective Date, all of the terms and provisions of the Original Agreement that apply with respect to the Development Loan and the advances and repayments thereunder shall apply to the New Development Loan and the advances and repayments thereunder, in the same manner and with the same effect as set forth in the Original Agreement except as set forth in Section 2.2 above and except that: (i) Development Loan Advances (other than amounts necessary to repay the Development Loan described in the Original Agreement, which loan is being repaid concurrently with the execution and delivery of this amendment) shall be taken down substantially in accordance with EXHIBIT 4 attached hereto and shall be used solely to make the payments under the Development Loan shown thereon and to pay the Development costs for the redevelopment of the Development Property in the manner provided in the revised Development Plan and in amounts consistent with the applicable approved budgets; it is acknowledged and understood that the redevelopment is subject to many variables (including weather) which may cause timing differences from month to month from the projections set forth in the Budgets; and (ii) the aggregate of all Development Loan Advances with respect to the Development Property over the term of the redevelopment shall not exceed $7,500,000, unless Heublein otherwise expressly agrees in writing.
Sample 1
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Related to PROVISIONS OF ORIGINAL AGREEMENT APPLICABLE TO NEW DEVELOPMENT LOAN

  • Amendments to Original Agreement The Original Agreement is hereby amended as follows: (a) Article 1 is hereby amended to add the following definitions are added in the correct alphabetical location:

  • of the Original Agreement Section 2.07 of the Original Agreement is hereby amended and replaced to read as follows:

  • Amendments to the Original Agreement (a) of the Original Agreement is hereby deleted and replaced in its entirety to read as follows:

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

  • Reference to and Effect Upon the Credit Agreement (a) The Credit Agreement and the other Loan Documents shall remain in full force and effect, as amended hereby, and are hereby ratified and confirmed. (b) The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of Agent or any Lender under the Credit Agreement or any Loan Document, nor constitute a waiver or amendment of any provision of the Credit Agreement or any Loan Document, except as specifically set forth herein. Upon the effectiveness of this Amendment, each reference in the Credit Agreement to “this Credit Agreement,” “hereunder,” “hereof,” “herein” or words of similar import shall mean and be a reference to the Credit Agreement as amended hereby.

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

  • Amendments to Original Credit Agreement On the Effective Date, the Original Credit Agreement shall be amended as follows: (a) Section 1.02 of the Original Credit Agreement shall be amended by adding the following definitions in appropriate alphabetical order:

  • Supplements and Amendments; Whole Agreement This Warrant may be amended or supplemented only by an instrument in writing signed by the parties hereto. This Warrant contains the full understanding of the parties hereto with respect to the subject matter hereof and thereof and there are no representations, warranties, agreements or understandings other than expressly contained herein and therein.

  • Entirety and Amendments This Agreement embodies the entire agreement between the parties and supersedes all prior agreements and understandings relating to the Property. This Agreement may be amended or supplemented only by an instrument in writing executed by the party against whom enforcement is sought.

  • Complete and Final Agreement This Guaranty and the other Loan Documents represent the final agreement between the parties and may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements. There are no unwritten oral agreements between the parties. All prior or contemporaneous agreements, understandings, representations, and statements, oral or written, are merged into this Guaranty and the other Loan Documents. Guarantor acknowledges that Guarantor has received a copy of the Note and all other Loan Documents. Neither this Guaranty nor any of its provisions may be waived, modified, amended, discharged, or terminated except by a writing signed by the party against which the enforcement of the waiver, modification, amendment, discharge, or termination is sought, and then only to the extent set forth in that writing.

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