Bank Credit Facility Clause Samples
Bank Credit Facility. The lenders under the existing credit facility of the Company shall have delivered their written consent to the Merger and the transactions contemplated hereby or a new credit facility shall have been entered into and the existing facility terminated.
Bank Credit Facility. Section 1.1(b) of the Original Agreement is hereby amended by replacing the phrase “Third Amended and Restated Credit Agreement dated as of February 5, 2010” with the following “Amended and Restated Credit Agreement, dated as of August 13, 2013.”
Bank Credit Facility. The Company shall have secured from the lenders under the Credit Facility dated February 20, 1997 (the "Bank Credit Facility"), by and among the Company and Creditanstalt Corporate Finance, Inc. (the "Bank"), (i) appropriate amendments to the Bank Credit Facility modifying the covenants thereunder so that the Company shall be in full compliance with all of the covenants thereunder on the Closing Date, and (ii) waivers of all violations, breaches of covenants and events of default under the Bank Credit Facility, in form and substance acceptable to the Purchaser, in its sole discretion.
Bank Credit Facility. At the Closing Date, the Company covenants and agrees that (i) the loan covenants under the Bank Credit Facility presently allows the Company and its Subsidiaries to conduct business as currently conducted without violating such covenants, and (ii) all past conflicts, violations or breaches of, or defaults under, the loan covenants have been cured or waived by the Bank.
Bank Credit Facility. The Partnership shall have entered into the bank credit agreement or agreements contemplated by Section 1.6 and the conditions precedent to the availability of funds thereunder shall have been satisfied (subject only to the closing of the transactions contemplated by this Agreement).
Bank Credit Facility. On or prior to the Closing Date, Purchaser shall have replaced the Bank Credit Facility.
Bank Credit Facility. The transactions contemplated by the Bank Credit Agreement shall have been consummated, and the Company shall have delivered copies of all of the Bank Credit Documents, certified by the Assistant Secretary of the Company, in form and substance acceptable to the Purchaser.
Bank Credit Facility. This Agreement constitutes a "Bank Credit Facility" under and as such term is defined in the Senior Unsecured Notes Indenture and upon satisfaction of the Prior Lender Obligations, constitutes the sole "Bank Credit Facility" thereunder.
Bank Credit Facility. This Agreement, the Obligations and the Commitment are intended to constitute the "Bank Credit Facility" under the New Indenture and "Senior Bank Indebtedness" under the Original Indenture. This Agreement represents an amendment and restatement of the "New Working Capital Facility" under the Original Indenture and the "Bank Credit Facility" under the New Indenture.
ss.3 MAXIMUM COMMITMENT AMOUNT; REDUCTION AND INCREASE.
Bank Credit Facility. The Company's Bank credit facility for working capital shall continue post Closing, as evidenced by the correspondence attached as EXHIBIT 2.2.1(P) hereto.