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Effect of Restatement
Effect of Restatement contract clause examples

Amendment and Restatement. On the Closing Date, this Guaranty shall supersede the Amended and Restated Continuing Guaranty, dated as of March 30, 2015 (the “Existing Guaranty”), by the ​ in favor of the Administrative Agent, for the benefit of the Administrative Agent and the ​, in its entirety, except as provided in this Section 19. On the Closing Date, the rights and obligations of the parties evidenced by the Existing Guaranty shall be evidenced by this Guaranty and the other Loan Documents.

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[Amendment and Restatement. On the Closing Date, this Guaranty shall supersede the Second Amended and Restated Continuing Guaranty, dated as of March 30, 2015 (the “Existing Guaranty”), by the ​ in favor of the Administrative Agent, for the benefit

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of the Administrative Agent and the ​, in its entirety, except as provided in this Section 19. On the Closing Date, the rights and obligations of the parties evidenced by the Existing Guaranty shall be evidenced by this Guaranty and the other Loan Documents.]​

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