Existing Loan Agreement definition
Examples of Existing Loan Agreement in a sentence
Each letter of credit issued under the Existing Loan Agreement that remains outstanding as of the Effective Date (“Existing Letters of Credit”) shall be deemed issued as a Letter of Credit under this Agreement as of the Effective Date.
This Agreement constitutes an amendment and restatement of the Existing Loan Agreement, effective from and after the Effective Date.
This Agreement embodies the entire agreement and understanding between the parties hereto and supersedes all prior agreements and understandings (oral or written) relating to the subject matter hereof, including the Existing Loan Agreement.
The execution and delivery of this Agreement shall not constitute, and the parties hereto do not intend that this Agreement constitute, a novation of any indebtedness or other obligations owing to the Banks, the Issuing Banks or the Administrative Agent under the Existing Loan Agreement based on facts or events occurring or existing prior to the execution and delivery of this Agreement.