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There may be a number of these over time and, in more complex and long-running transactions, it is common at some point for the original facility agreement with its changes to be ?amended and restated? ? in other words, consolidated and contained in a single document. That is as much for ease of reading as anything.
Amended Settlement Agreement means this agreement and all of its attachments, as each may be amended from time to time pursuant to Section 17.27 (Amendments).
Amendments don't replace the original contract in its entirety. Rather, they change, modify, remove, or replace only the portion that is directly affected by the amendment, such as pricing, delivery dates, etc.
?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.
An amended and restated operating agreement is a legal document that outlines any changes (known as amendments) to an original operating agreement between two or more parties. Often used to govern operations of a Limited Liability Company, the agreement is used to redesignate parties and redefine terms.
You can talk about an A&R agreement (?modified? and ?reformulated?). When you amend and reformulate an agreement, the legal effect is usually to replace all previous agreements between the parties and replace them with a single document that provides an up-to-date overview of the parties` legal obligations.