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As AMENDED and RESTATED as of MAY 4, Sec Form
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People also ask
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What is the difference between restated and amended?
“Amended” means that the document has “changed”– that someone has revised the document. “Restated” means “presented in its entirety”, — as a single, complete document. ingly, “amended and restated” means a complete document into which one or more changes have been incorporated.
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What is an amended and restated credit agreement?
An amendment and restatement of a credit agreement is effectuated by replacing the existing agreement entirely with a revised version that includes the updated terms.
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What does it mean when a trust is amended and restated?
A question that can arise as the changes mount up over the years is whether the original trust should be amended or whether the entire trust should be “restated,” that is, the full trust is altered and executed again rather than a much shorter document which simply amends the original trust.
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What is an amended note?
An amended promissory note is a legal document that changes the terms of the original promissory note. These amendments should be made with consent from the lender and, once in place, will be considered binding by all parties involved. Canceling a promissory note is a completely different process from amending it.
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What is an amended and restated credit agreement?
An amendment and restatement of a credit agreement is effectuated by replacing the existing agreement entirely with a revised version that includes the updated terms.
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What is an amended and restated note?
An amended and restated promissory note is a legally binding addition to a promissory note that notes any signNow changes and replaces the original agreement. Amended and restated promissory notes are seen as the most recent and up-to-date versions of the promise to pay between a borrower and a lender.
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What is an example of an amended and restated clause?
Examples: Credit Agreement: "This Amended and Restated Credit Agreement, dated [Effective Date], is entered into by and among [Borrower], [Lenders], and [Agent], and amends and restates in its entirety the Credit Agreement dated [Original Agreement Date], as previously amended by [list of prior amendments]."
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What does amended and restated mean?
“Amended” means that the document has “changed”– that someone has revised the document. “Restated” means “presented in its entirety”, — as a single, complete document. ingly, “amended and restated” means a complete document into which one or more changes have been incorporated.
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