Examples of Existing Bridge Credit Agreement in a sentence
Upon satisfaction of the conditions precedent set forth in Sections 6.1 and 6.2 of this Agreement, this Agreement and the other Loan Documents shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Bridge Credit Agreement, and the Existing Bridge Credit Agreement shall be superseded in all respects, in each case, on a prospective basis only.
This Amendment is executed pursuant to the Existing Bridge Credit Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with the terms and provisions thereof, including, without limitation, Article VIII thereof.
The amendments set forth herein shall be limited precisely as provided for herein to the provisions expressly amended hereby and shall not be deemed to be an amendment to or modification of any other term or provision of the Existing Bridge Credit Agreement, any Note or of any transaction or further or future action on the part of the Borrower which would require the consent of any of the Lenders under the Existing Bridge Credit Agreement or the Notes.
Each Borrower has the right and power, and has taken all necessary action to authorize, execute and deliver this Amendment and the other Loan Documents to which such Borrower is a party and being executed and delivered in connection with this Amendment (together with this Amendment, collectively the “Amendment Documents”) and to perform its obligations under the Amendment Documents and under the Existing Bridge Credit Agreement, as amended by this Amendment, in accordance with their respective terms.
Except as expressly herein amended, the terms and conditions of the Existing Bridge Credit Agreement and the other Loan Documents remain in full force and effect.
Terms for which meanings are provided in the Existing Bridge Credit Agreement are, unless otherwise defined herein or the context otherwise requires, used in this Amendment with such meanings.
Each reference to the Bridge Credit Agreement in any of the Loan Documents shall be deemed to be a reference to the Existing Bridge Credit Agreement as amended by this Amendment.
Except as expressly provided herein, all of the representations, warranties, terms, covenants, conditions and other provisions of the Existing Bridge Credit Agreement and the Notes shall remain in full force and effect in accordance with their respective terms and are in all respects hereby ratified and confirmed.
The Existing Bridge Credit Agreement, as amended hereby, is hereby ratified and confirmed in all respects.
Simultaneously with the effectiveness of this Agreement, the Existing Bridge Loans of each of the Lenders under the Existing Bridge Credit Agreement as existing immediately prior to the Effective Date, shall be reallocated among the Revolving Lenders so that such Existing Bridge Loans are held by the Revolving Lenders as outstanding Revolving Loans hereunder in accordance with each Revolving Lender’s Pro Rata Share of the Revolving Commitments, set forth on Schedule I attached hereto.