Common use of Continuation of Part of Revolving Credit Facility Clause in Contracts

Continuation of Part of Revolving Credit Facility. Tranche B is a conversion and continuation of a portion (but not all) of the Revolving Credit Facility as of the Fifth Amendment Effective Date. Tranche B is not a novation.

Appears in 2 contracts

Sources: Credit Agreement (Morgans Hotel Group Co.), Credit Agreement (Morgans Hotel Group Co.)