1998 Credit Agreement Sample Clauses

1998 Credit Agreement. Concurrently with the execution and delivery of this Restructuring Agreement, the Company, and Capital Partners, Overseas Partners, and each of the Wexford 1996 Funds, as lenders, and Wexford Management, as agent, shall enter into the 1998 Credit Agreement and shall execute and deliver each of the 1998 Loan Documents required to be executed and delivered pursuant to the 1998 Credit Agreement.
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1998 Credit Agreement. This Agreement shall be deemed to, and does hereby, amend and restate in its entirety the 1998 Credit Agreement. Simultaneous with the execution and delivery of this Agreement, the commitment of each Bank party to the 1998 Credit Agreement is hereby modified to be as set forth in Exhibit A to this Agreement, and First Union is hereby discharged from its duties and obligations as Agent under the 1998 Credit Agreement as contemplated by Article 9 of the 1998 Credit Agreement, except as provided below. Promptly following the effectiveness of this Agreement, National City, as the Agent under this Agreement and as successor Agent to First Union, shall coordinate with First Union, as the predecessor Agent, to effect the assignment of all liens and security interests currently in effect in the name of First Union National Bank, as Agent, to National City Bank, as successor Agent. Until such time as said assignments shall have been effectively completed, First Union National Bank shall continue as an agent for the benefit of the Banks.
1998 Credit Agreement. This Agreement shall be deemed to, and does hereby, amend and restate in its entirety the 1998 Credit Agreement. Simultaneous with the execution and delivery of this Agreement, the commitment of each bank party under the 1998 Credit Agreement is hereby modified to be as set forth in Exhibit B to this Agreement, and First Union National Bank is hereby discharged from its duties and obligations as Agent (as defined in the 1998 Agreement) under the 1998 Credit Agreement as contemplated by Article 10 of the 1998 Credit Agreement, except as provided below. Prior to the effectiveness of this Agreement, National City Bank, as Administrative Agent under this Agreement and as successor Agent to First Union National Bank under the1998 Credit Agreement, shall coordinate with First Union National Bank, as the predecessor Agent, to effect the assignment of all liens and security interests currently in effect in the name of First Union National Bank, as Agent, to National City Bank, as successor Agent.

Related to 1998 Credit Agreement

  • to Credit Agreement COLLATERAL REPORTS Borrower shall deliver or cause to be delivered the following:

  • Amendment of Credit Agreement The Credit Agreement is hereby amended as follows:

  • The Credit Agreement (b) The Notes executed by the Borrower and delivered on the date hereof. The documents described in the foregoing clauses (a) and (b) are collectively referred to herein as the “Opinion Documents.” We have also reviewed originals or copies of such other agreements and documents as we have deemed necessary as a basis for the opinion expressed below. In our review of the Opinion Documents and other documents, we have assumed:

  • Revolving Credit Agreement The Agent shall have received this Agreement duly executed and delivered by each of the Banks and the Company and each of the Banks shall have received a fully executed Committed Note and a fully executed Bid Note, if such Notes are requested by any Bank pursuant to Section 12.9.

  • Credit Agreement (a) Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified in the Credit Agreement. All terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein; the term “instrument” shall have the meaning specified in Article 9 of the New York UCC.

  • (b) of the Credit Agreement Section 7.14(b) of the Credit Agreement shall be amended and restated in its entirety to read as follows:

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • Credit Agreement and Notes This Agreement and the Notes executed by each party thereto;

  • Existing Credit Agreement The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date (as defined below):

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