Examples of Existing Credit Agreement in a sentence
The Agent hereby waives the processing and recordation fee provided for in Section 11.06(b)(iv) of the Existing Credit Agreement in connection with any assignment and assumption provided for under Section 2 hereof.
The execution and delivery of this Agreement shall not constitute a novation of any indebtedness or other obligations owing to the Lenders or the Collateral Agent under the Existing Credit Agreement or guaranteed by the Existing Guaranty Agreement or release of any Liens securing any such indebtedness or obligations.
It is the intent of the parties hereto that this Agreement not constitute a novation of the obligations and liabilities of the parties under the Existing Credit Agreement and that this Agreement amend and restate the Existing Credit Agreement in its entirety.
All existing Indebtedness of the Company and its Subsidiaries (including Indebtedness under the Existing Credit Agreement but excluding Indebtedness permitted pursuant to Section 7.03) shall be refinanced.
The execution and delivery of this Agreement shall not constitute a novation of any indebtedness or other obligations owing to the Lenders or the Administrative Agent under the Existing Credit Agreement based on facts or events occurring or existing prior to the execution and delivery of this Agreement.