Examples of Original Term Loan Agreement in a sentence
On the date hereof (the “Restatement Date”), the Original Term Loan Agreement shall be amended, restated and superseded by this Agreement.
The rules of interpretation set forth in Section 1.02 of the Original Term Loan Agreement shall be applicable to this Amendment and incorporated herein by this reference.
The amendments to the Original Term Loan Agreement are limited to the extent specifically set forth above and no other terms, covenants or provisions of the Original Term Loan Agreement are intended to be affected hereby.
The Company agrees to pay all reasonable out-of-pocket expenses incurred by the Administrative Agent (including the fees, charges and disbursements of counsel for the Administrative Agent) in connection with this Amendment pursuant to Section 10.04(a) of the Original Term Loan Agreement.
Capitalized terms used herein and not otherwise defined in this Amendment have the same meanings as specified in the Original Term Loan Agreement as amended hereby (the “Amended Term Loan Agreement”).
All “Loans” made and “Obligations” incurred under the Original Term Loan Agreement which are outstanding on the Agreement Date shall continue as Obligations under (and shall be governed by the terms of) this Agreement and the other Loan Documents.
Effective as of the Amendment Effective Date (as defined below), and subject to the terms and conditions set forth herein and in reliance upon representations and warranties set forth herein, the Original Term Loan Agreement is hereby amended such that, after giving effect to all such amendments, it shall read in its entirety as attached hereto as Exhibit A, with all revisions to the Original Term Loan Agreement reflected in Exhibit A in blacklined format.
Borrowings under the Amended and Restated Term Loan Agreement were used to refinance amounts outstanding under the Original Term Loan Agreement.
Each Lender hereby waives and discharges the obligation of Borrower to pay to such Lender that portion of interest representing the Default Rate Margin accrued and payable to such Lender under the Original Credit Agreement and the Original Term Loan Agreement through and including the Closing Date.
The parties to this Agreement agree that, upon (i) the execution and delivery by each of the parties hereto of this Agreement and (ii) satisfaction of the conditions set forth in Section 6.1., the terms and provisions of the Original Credit Agreement and the Original Term Loan Agreement shall be and hereby are amended, superseded and restated in their entirety by the terms and provisions of this Agreement.