Common use of Avoidance of Doubt Clause in Contracts

Avoidance of Doubt. The parties hereto hereby agree, for the avoidance of doubt, that (a) the term “Notes” as used in the Transaction Documents (as defined in the April Purchase Agreement, the “April Transaction Documents”) shall include the April Notes, as, and to the extent, amended by this Agreement, (b) the term “Bridge Notes” as used in the Transaction Documents (as defined in the Bridge Purchase Agreement, the “Bridge Transaction Documents”) shall mean the Bridge Notes, as, and to the extent, amended by this Agreement, (c) the term “Obligations” as used in the April Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Intercreditor Agreement, under the April Notes (as amended hereby) and under the other April Transaction Documents, and (d) the term “Obligations” as used in the Bridge Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Intercreditor Agreement, under the Bridge Notes (as amended hereby) and under the other Bridge Transaction Documents, and each of the parties hereto agrees not to take any contrary positions.

Appears in 1 contract

Sources: Waiver and Amendment Agreement (South Texas Oil Co)

Avoidance of Doubt. The parties hereto hereby agree, for the avoidance of doubt, that (a) the term “Notes” as used in the Transaction Documents (as defined in the April Purchase Agreement, the “April Transaction Documents”) shall include the April Notes, as, and to the extent, amended by this Agreement, (b) the term “Bridge Notes” as used in the Transaction Documents (as defined in the Bridge Purchase Agreement, the “Bridge Transaction Documents”) shall mean the Bridge Notes, as, and to the extent, amended by this Agreement, (c) the term “Obligations” as used in the April Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Intercreditor AgreementApril Purchase Agreement (as amended hereby), under the April Notes (as amended hereby) and under the other April Transaction Documents, and (d) the term “Obligations” as used in the Bridge Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Intercreditor Bridge Purchase Agreement, under the Bridge Notes (as amended hereby) and under the other Bridge Transaction Documents, and each of the parties hereto agrees not to take any contrary positions.

Appears in 1 contract

Sources: Waiver and Amendment Agreement (South Texas Oil Co)

Avoidance of Doubt. The parties hereto hereby agree, for the avoidance of doubt, that (a) the term “Notes” terms "LOAN AGREEMENT" as used in the Transaction Documents (as defined in shall mean the April Purchase Loan Agreement, the “April Transaction Documents”) shall include the April Notes, as, and to the extent, amended by this Agreement, (b) the term “Bridge Notes” "LOANS" as used in the Security Agreement shall include all advances to Borrower pursuant to the Loan Agreement, as, and to the extent, amended by this Agreement; (c) the term "REVOLVING CREDIT NOTE" as used in the Transaction Documents (as defined in the Bridge Purchase Agreement, the “Bridge Transaction Documents”) shall mean the Bridge NotesRevolving Note, as, and to the extent, amended by this Agreement, (cd) the term “Obligations” "TRANSACTION DOCUMENTS" shall include the Conveyances of Overriding Royalty Interests and the Additional Security Documents, and (e) the term "OBLIGATIONS" as used in the April Transaction Documents shall include all liabilities and obligations of the Company Borrower under this Agreement, under the Intercreditor Agreement, under the April Notes Loan Agreement (as amended hereby) ), under the Revolving Note (as amended hereby), under the Conveyances of Overriding Royalty Interests and under the other April Transaction Documents, and (d) the term “Obligations” as used in the Bridge Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Intercreditor Agreement, under the Bridge Notes (as amended hereby) and under the other Bridge Transaction Documents, and each of the parties hereto agrees not to take any contrary positions.

Appears in 1 contract

Sources: Loan Agreement (South Texas Oil Co)

Avoidance of Doubt. The parties hereto hereby agree, for the avoidance of doubt, that (a) the term “Notes” as used in the Transaction Documents (as defined in the April Purchase Agreement, the “April Transaction Documents”) shall include the April Notes, as, and to the extent, amended by this Agreement, (b) the term “Bridge Notes” as used in the Transaction Documents (as defined in the Bridge Purchase Agreement, the “Bridge Transaction Documents”) shall mean the Bridge Notes, as, and to the extent, amended by this Agreement, (c) the term “Obligations” as used in the April Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Intercreditor AgreementAgreement Amendment, under the April Notes (as amended hereby) and under the other April Transaction Documents, and (d) the term “Obligations” as used in the Bridge Transaction Documents shall include all liabilities and obligations of the Company under this Agreement, under the Intercreditor AgreementAgreement Amendment, under the Bridge Notes (as amended hereby) and under the other Bridge Transaction Documents, and each of the parties hereto agrees not to take any contrary positions.

Appears in 1 contract

Sources: Waiver and Amendment Agreement (South Texas Oil Co)