Termination of Existing Agreement. The Borrower and each Lender that is a party to the Existing Agreement (which Lenders constitute “Majority Lenders” under and as defined in the Existing Agreement) agree that concurrently with the effectiveness hereof pursuant to Section 3.01, all commitments to extend credit to the Borrower under the Existing Agreement shall terminate and be of no further force or effect (without regard to any requirement in the Existing Agreement for prior notice of termination of such commitments).
Appears in 5 contracts
Samples: Credit Agreement, Credit Agreement, Credit Agreement
