Continuance of Credit Agreement Sample Clauses

Continuance of Credit Agreement. Except as specifically amended by this Amendment, the Credit Agreement shall remain in full force and effect.
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Continuance of Credit Agreement. The Credit Agreement, as changed, altered, amended or modified by this Amendment Agreement, shall be and continue in full force and effect and is hereby confirmed and the rights and obligations of all parties thereunder shall not be affected or prejudiced in any manner except as specifically provided for herein.
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Continuance of Credit Agreement. The Credit Agreement, as changed, altered, amended or modified by this First Amending Agreement, shall be and continue in full force and effect and is hereby confirmed and the rights and obligations of all parties thereunder shall not be affected or prejudiced in any manner except as specifically provided for herein. It is agreed and confirmed that after giving effect to this First Amending Agreement, the Security as it relates to the Borrower secures inter alia the payment of all of the Obligations of the Borrower, including, without limitation, the Obligations arising under the Credit Agreement, as amended by the terms of this First Amending Agreement.
Sample 1
Continuance of Credit Agreement. The Borrower and the undersigned Bank acknowledge that the other Banks party to the Credit Agreement have not agreed to the extension of the Commitment Termination Date effected by this Amendment. The parties hereto agree that, as amended hereby (including with respect to the reduction of the Aggregate Commitment to $40,600,000), the Credit Agreement shall continue in full force and effect between the parties hereto. Delivered as of the day and year first above written. INDIANAPOLIS POWER & LIGHT COMPANY By:/s/Xxxxxxx X. Xxxxxx ------------------------------------- Title: President ---------------------------------- ABN AMRO BANK N.V. By:/s/ Xxxx X. Xxxxx ------------------------------------- Title: Senior Vice President & Managing Director ---------------------------------- By:/s/Xxxxxx X. Xxxxx ------------------------------------- Title: Vice President ---------------------------------- SCHEDULE I BANKS AND COMMITMENTS Bank Commitment ---- ---------- ABN AMRO Bank N.V. $40,600,000 SCHEDULE II PRICING SCHEDULE The "Applicable Margin" and "Facility Fee Rate" for any day are the respective rates per annum set forth below in the applicable row under the column corresponding to the Status that exists on such day: Status Level I Status Level II Status --------------------------------------------------------------------- Applicable Margin 0.35% 0.55% Facility Fee Rate 0.10% 0.15% For purposes of this Schedule, the following terms have the following meanings: "Level I Status" exists at any date if, at such date, the S&P Rating is A- or higher. "Level II Status" exists at any date if, at such date, (i) the S&P Rating is BBB- or higher and (ii) Level I Status does not exist,
Sample 1

Related to Continuance of Credit Agreement

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

  • of Credit Agreement Section 1.1(b)(i) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

  • MODIFICATION OF CREDIT AGREEMENT The Credit Agreement is hereby amended as follows:

  • Reaffirmation of Credit Agreement This Amendment shall be deemed to be an amendment to the Credit Agreement, and the Credit Agreement, as amended hereby, is hereby ratified, approved and confirmed in each and every respect. All references to the Credit Agreement herein and in any other document, instrument, agreement or writing shall hereafter be deemed to refer to the Credit Agreement as amended hereby.

  • Ratification of Credit Agreement Each Loan Party acknowledges and consents to the terms set forth herein and agrees that this Amendment does not impair, reduce or limit any of its obligations under the Loan Documents, as amended hereby. This Amendment is a Loan Document.

  • Execution of Credit Agreement; Loan Documents The Administrative Agent shall have received (i) counterparts of this Agreement, executed by a Responsible Officer of each Loan Party and a duly authorized officer of each Lender, (ii) for the account of each Lender requesting a Note, a Note executed by a Responsible Officer of the Borrower, (iii) counterparts of the Security Agreement and each other Collateral Document, executed by a Responsible Officer of the applicable Loan Parties and a duly authorized officer of each other Person party thereto, as applicable and (iv) counterparts of any other Loan Document, executed by a Responsible Officer of the applicable Loan Party and a duly authorized officer of each other Person party thereto.

  • Execution of Credit Agreement and Credit Documents The Administrative Agent shall have received (i) counterparts of this Credit Agreement, executed by a duly authorized officer of each party hereto, (ii) a Note, for the account of each Lender that requests a Note, (iii) for the account of the Swingline Lender, the Swingline Note, and (iv) counterparts of any other Credit Document, executed by the duly authorized officers of the parties thereto.

  • Reaffirmation of Credit Party Obligations Each Credit Party hereby ratifies the Credit Agreement and acknowledges and reaffirms (a) that it is bound by all terms of the Credit Agreement applicable to it and (b) that it is responsible for the observance and full performance of its respective Credit Party Obligations.

  • Each Extension of Credit The obligation of each Lender to make a Loan on the occasion of any Borrowing, and of the Issuing Lender to issue, amend, renew or extend any Letter of Credit, is subject to the satisfaction of the following conditions:

  • Incorporation of Credit Agreement The provisions contained in Sections 11.9 and 11.13 of the Credit Agreement are incorporated herein by reference to the same extent as if reproduced herein in their entirety, except with reference to this Amendment rather than the Credit Agreement.

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