Examples of Third Restated Credit Agreement in a sentence
The Letters of Credit issued or continued for the account of the Borrower under the Second Restated Credit Agreement and outstanding on the Third Restatement Effective Date were deemed Letters of Credit for all purposes of the Third Restated Credit Agreement and the other Loan Documents pursuant to the terms of the Third Restated Credit Agreement.
Nothing in this Agreement shall be deemed to work a novation of any of the obligations under the Third Restated Credit Agreement.
The Letters of Credit issued or continued for the account of the Borrower under the Third Restated Credit Agreement and outstanding on the Fourth Restatement Effective Date (the “Existing Letters of Credit”) shall be Letters of Credit for all purposes of this Agreement and the other Loan Documents.
Each Credit Party hereby confirms that its obligations under each Security Document executed under the Second Restated Credit Agreement shall continue to apply to the Obligations under the Third Restated Credit Agreement.
From and after the Third Restatement Effective Date, each reference to the “Credit Agreement” or other reference originally applicable to the Third Restated Credit Agreement contained in any document executed and delivered in connection therewith shall be a reference to this Agreement, as amended, supplemented, restated or otherwise modified from time to time.
Notwithstanding any provision of this Agreement or any other document or instrument executed in connection herewith, the execution and delivery of this Agreement and the incurrence of obligations hereunder shall be in substitution for, but not in payment of, the obligations owed by the Borrowers under the Third Restated Credit Agreement.
The terms and conditions of the Third Restated Credit Agreement are amended as set forth herein, and restated in their entirety and superseded by, this Agreement.
The provisions of this Section will survive the termination of this Third Restated Credit Agreement.
This Restatement Agreement shall be a Credit Document for all purposes of the Third Restated Credit Agreement.
This Restatement Agreement shall become effective when the conditions set forth in Section 6 of the Third Restated Credit Agreement have been satisfied.