Common use of Statutory Notice - Oral Commitments Clause in Contracts

Statutory Notice - Oral Commitments. Nothing contained in the following notice shall be deemed to limit or modify the terms of this Agreement and the other Loan Documents: ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE REGARDLESS OF THE LEGAL THEORY UPON WHICH IT IS BASED OR THAT IS IN ANY WAY RELATE TO THE CREDIT AGREEMENT AND THE LOAN DOCUMENTS. TO PROTECT COMPANY AND EACH OTHER LOAN PARTY (BORROWER) AND ADMINISTRATIVE AGENT AND THE LENDERS (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS COMPANY AND ADMINISTRATIVE AGENT AND THE LENDERS REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT. Company acknowledges that there are no other agreements between Administrative Agent, Lenders, Company and the Loan Parties, oral or written, concerning the subject matter of the Loan Documents, and that all prior agreements concerning the same subject matter, including any proposal or commitment letter, are merged into the Loan Documents and thereby extinguished

Appears in 1 contract

Samples: Credit Agreement (Cpi Corp)

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Statutory Notice - Oral Commitments. Nothing Without limiting the applicability of Illinois law to this Agreement, the Borrower has read and understands the following notice which is given pursuant to Section 432.047 of the Missouri Revised Statutes; nothing contained in the following such notice shall be deemed to limit or modify the terms of this Agreement and the other Loan Documents: ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE ENFORCEABLE, REGARDLESS OF THE LEGAL THEORY UPON WHICH IT IS BASED OR THAT IS IN ANY WAY RELATE RELATED TO THE CREDIT AGREEMENT AND THE LOAN DOCUMENTSTHIS AGREEMENT. TO PROTECT COMPANY AND EACH OTHER LOAN PARTY YOU (BORROWER) AND ADMINISTRATIVE AGENT AND THE LENDERS US (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS COMPANY AND ADMINISTRATIVE AGENT AND THE LENDERS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT. Company Borrower acknowledges that there are no other agreements between Administrative Agent, Lenders, Company and the Loan PartiesBorrower, oral or written, concerning the subject matter of the Loan Documents, and that all prior agreements concerning the same subject matter, including any proposal or commitment letter, are merged into the Loan Documents and thereby extinguished.

Appears in 1 contract

Samples: Credit Agreement (Young Innovations Inc)

Statutory Notice - Oral Commitments. Nothing The following notice is given pursuant to Section 432.045 and Section 432.047 of the Missouri Revised Statutes; nothing contained in the following such notice shall be deemed to limit or modify the terms of this Agreement and the other Loan Documents: ORAL OR UNEXECUTED AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE ENFORCEABLE, REGARDLESS OF THE LEGAL THEORY UPON WHICH IT IS BASED OR THAT IS IN ANY WAY RELATE RELATED TO THE CREDIT AGREEMENT AND THE LOAN DOCUMENTSAGREEMENT. TO PROTECT COMPANY AND EACH OTHER LOAN PARTY YOU (BORROWERBORROWER(S)) AND ADMINISTRATIVE AGENT AND THE LENDERS US (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS COMPANY AND ADMINISTRATIVE AGENT AND THE LENDERS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT. Company The Borrower acknowledges that there are no other agreements between Administrative Agent, Lenders, Company Bank and the Loan PartiesBorrower, oral or written, concerning the subject matter of the Loan Documents, and that all prior agreements concerning the same subject matter, including any proposal or commitment letter, are merged into the Loan Documents and thereby extinguished.

Appears in 1 contract

Samples: Loan and Security Agreement (Synergetics Usa Inc)

Statutory Notice - Oral Commitments. Nothing contained in the following notice shall be deemed to limit or modify the terms of this Agreement and the other Loan Documents: ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE REGARDLESS OF THE LEGAL THEORY UPON WHICH IT IS BASED OR THAT IS IN ANY WAY RELATE RELATED TO THE CREDIT AGREEMENT AND THE LOAN DOCUMENTSAGREEMENT. TO PROTECT COMPANY AND EACH OTHER LOAN PARTY YOU (BORROWER) AND ADMINISTRATIVE AGENT AND THE LENDERS US (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS COMPANY AND ADMINISTRATIVE AGENT AND THE LENDERS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT. Company Borrower acknowledges that there are no other agreements between Administrative Agent, Lenders, Company and the Loan PartiesBorrower, oral or written, concerning the subject matter of the Loan Documents, and and, except as expressly described herein, that all prior agreements concerning the same subject matter, including any proposal or commitment letter, are merged into the Loan Documents and thereby extinguished.

Appears in 1 contract

Samples: Loan Agreement (Talx Corp)

Statutory Notice - Oral Commitments. Nothing The following notice is given pursuant to Section 432.045 of the Missouri Revised Statutes; nothing contained in the following such notice shall be deemed to limit or modify the terms of this Agreement and the other Loan Documents: ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE REGARDLESS OF THE LEGAL THEORY UPON WHICH IT IS BASED OR THAT IS IN ANY WAY RELATE TO THE CREDIT AGREEMENT AND THE LOAN DOCUMENTSENFORCEABLE. TO PROTECT COMPANY AND EACH OTHER LOAN PARTY YOU (BORROWER) AND ADMINISTRATIVE AGENT AND THE LENDERS US (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS COMPANY AND ADMINISTRATIVE AGENT AND THE LENDERS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT. Company Borrower acknowledges that there are no other agreements between Administrative Agent, Lenders, Company and the Loan PartiesBorrower, oral or written, concerning the subject matter of the Loan Documents, and that all prior agreements concerning the same subject matter, including any proposal or commitment letter, are merged into the Loan Documents and thereby extinguished.

Appears in 1 contract

Samples: Credit Facilities Agreement (Young Innovations Inc)

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Statutory Notice - Oral Commitments. Nothing contained in the following notice shall be deemed to limit or modify the terms of this Agreement and the other Loan Documents: ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE ENFORCEABLE, REGARDLESS OF THE LEGAL THEORY UPON WHICH IT IS BASED OR THAT IS IN ANY WAY RELATE RELATED TO THE CREDIT AGREEMENT AND THE LOAN DOCUMENTSAGREEMENT. TO PROTECT COMPANY AND EACH OTHER LOAN PARTY YOU (BORROWERBORROWER(S)) AND ADMINISTRATIVE AGENT AND THE LENDERS US (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS COMPANY AND ADMINISTRATIVE AGENT AND THE LENDERS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT. Company Borrower acknowledges that there are no other agreements between Administrative Agent, Lenders, Company and the Loan PartiesBorrower, oral or written, concerning the subject matter of the Loan Documents, and that all prior agreements concerning the same subject matter, including any proposal or commitment letter, are merged into the Loan Documents and thereby extinguished. 66

Appears in 1 contract

Samples: Loan Agreement (Layne Christensen Co)

Statutory Notice - Oral Commitments. Nothing The Borrower has read and understands the following notice which is given pursuant to Section 432.047 of the Missouri Revised Statutes; nothing contained in the following such notice shall be deemed to limit or modify the terms of this Agreement and the other Loan Documents: ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE ENFORCEABLE, REGARDLESS OF THE LEGAL THEORY UPON WHICH IT IS BASED OR THAT IS IN ANY WAY RELATE RELATED TO THE CREDIT AGREEMENT AND THE LOAN DOCUMENTSTHIS AGREEMENT. TO PROTECT COMPANY AND EACH OTHER LOAN PARTY YOU (BORROWER) AND ADMINISTRATIVE AGENT AND THE LENDERS US (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY AGREEMENTS COMPANY AND ADMINISTRATIVE AGENT AND THE LENDERS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO MODIFY IT. Company Borrower acknowledges that there are no other agreements between Administrative Agent, Lenders, Company and the Loan PartiesBorrower, oral or written, concerning the subject matter of the Loan Documents, and that all prior agreements concerning the same subject matter, including any proposal or commitment letter, are merged into the Loan Documents and thereby extinguished. 1336346.6

Appears in 1 contract

Samples: Assignment and Assumption (Young Innovations Inc)

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