Common use of Effect on Existing Credit Agreement Clause in Contracts

Effect on Existing Credit Agreement. Notwithstanding that this Agreement is amending and restating the Existing Credit Agreement as of the Closing Date, nothing contained herein shall be deemed to cause a novation of any transfers, conveyances or transactions which were effected under the Existing Credit Agreement, or of any Obligations, including, without limitation, the Indebtedness evidenced by the promissory notes and the letters of credit issued pursuant thereto and the security interests granted pursuant to the “Loan Documents” described therein.

Appears in 1 contract

Sources: Credit Agreement (Dollar Financial Corp)

Effect on Existing Credit Agreement. Notwithstanding that this Agreement is amending and restating the Existing Credit Agreement as of the Closing Date, nothing contained herein shall be deemed to cause a novation of any transfers, conveyances or transactions which were effected under the Existing Credit Agreement, or of any Obligations, including, without limitation, the Indebtedness evidenced by the promissory notes and the letters of credit Notes issued pursuant thereto and the security interests granted pursuant to the “Loan Security Documents” described therein.

Appears in 1 contract

Sources: Credit Agreement (Stonemor Partners Lp)

Effect on Existing Credit Agreement. This Agreement amends and restates the Existing Credit Agreement as of the Closing Date. Notwithstanding that this Agreement is amending and restating the Existing Credit Agreement as of the Closing Date, nothing contained herein shall be deemed to cause a novation of any transfers, conveyances or transactions which were effected under the Existing Credit Agreement, Agreement or of any Obligationsobligations thereunder, including, without limitation, the Indebtedness loans evidenced by the promissory notes and the letters of credit issued pursuant thereto thereby and the security interests granted pursuant to the “Loan Documents” described thereinSecurity Documents delivered in connection therewith.

Appears in 1 contract

Sources: Discretionary Demand Credit Agreement (Alteva, Inc.)

Effect on Existing Credit Agreement. Notwithstanding that this Agreement is amending and restating the Existing Credit Agreement as of the Closing Date, nothing contained herein shall be deemed to cause a novation of any transfers, conveyances or transactions which were effected under the Existing Credit Agreement or the Original Credit Agreement, or of any Obligations, including, without limitation, the Indebtedness evidenced by the promissory notes and the letters of credit issued pursuant thereto and the security interests granted pursuant to the “Loan Documents” described thereinsecurity documents delivered in connection therewith.

Appears in 1 contract

Sources: Credit Agreement (Stonemor Partners Lp)

Effect on Existing Credit Agreement. Notwithstanding that this Agreement is amending and restating the Existing Credit Agreement as of the Closing Date, nothing contained herein shall be deemed to cause a novation of any transfers, conveyances or transactions which were effected under the Existing Credit Agreement, the Prior Credit Agreement or the Original Credit Agreement, or of any Obligations, including, without limitation, the Indebtedness evidenced by the promissory notes and the letters of credit issued pursuant thereto and the security interests granted pursuant to the “Loan Documents” described thereinsecurity documents delivered in connection therewith.

Appears in 1 contract

Sources: Credit Agreement (Stonemor Partners Lp)

Effect on Existing Credit Agreement. Notwithstanding that this Agreement is amending and restating the Existing Credit Agreement as of the Closing Date, nothing contained herein shall be deemed to cause a novation of any transfers, conveyances or transactions which were effected under the Existing Credit Agreement, the Second Credit Agreement, the Prior Credit Agreement or the Original Credit Agreement, or of any Obligations, including, without limitation, the Indebtedness evidenced by the promissory notes and the letters of credit issued pursuant thereto and the security interests granted pursuant to the “Loan Documents” described thereinsecurity documents delivered in connection therewith.

Appears in 1 contract

Sources: Credit Agreement (Stonemor Partners Lp)