Common use of Second Restatement Effective Date Clause in Contracts

Second Restatement Effective Date. Without affecting the rights of the Borrower or any Subsidiary hereunder at all times prior to the Second Restatement Effective Date, the amendment and restatement in the form hereof of the Original Agreement and the obligations of the Lenders to make Loans and acquire participations in Letters of Credit and Swingline Loans and of the Issuing Banks to issue Letters of Credit hereunder shall not become effective until the date on which the conditions set forth in Sections 2.2(b) and 2.3 of the Amendment and Restatement Agreement shall have been satisfied. It is understood and agreed that no term of the amendment and restatement contemplated hereby shall be effective until the Second Restatement Effective Date occurs, and that the Original Agreement shall continue in full force and effect without regard to the amendment and restatement contemplated hereby until the Second Restatement Effective Date.