Common use of Credit Facility and Alternate Credit Facility Clause in Contracts

Credit Facility and Alternate Credit Facility. The Company shall provide for the payment of amounts payable pursuant to Section 5.2(a) and (d) herein, by the delivery to the Trustee on the Issue Date of the Original Credit Facility. The Company shall be entitled to terminate the Credit Facility as provided therein and in the Indenture and shall be entitled to provide an Alternate Credit Facility under certain circumstances as provided in the Indenture.

Appears in 5 contracts

Samples: Loan Agreement (Culp Inc), Loan Agreement (Culp Inc), Loan Agreement (Sleepmaster LLC)

AutoNDA by SimpleDocs

Credit Facility and Alternate Credit Facility. The Company shall provide for the payment of amounts payable pursuant to Section 5.2(a) and (d) herein, by the delivery to the Trustee on the Issue Date of the Original Credit Facility. The Company shall be entitled to terminate the Credit Facility under certain circumstances as provided therein and in the Indenture and shall be entitled to provide an Alternate Credit Facility under certain circumstances as provided in the Indenture.

Appears in 1 contract

Samples: Loan Agreement (Bovie Medical Corp)

AutoNDA by SimpleDocs

Credit Facility and Alternate Credit Facility. The Company shall provide for the payment of amounts payable pursuant to Section Sections 5.2(a) and (d) herein, by the delivery to the Trustee on the Issue Date of the Original Credit Facility. The Company shall be entitled to terminate the Credit Facility under certain circumstances as provided therein and in the Indenture and shall be entitled to provide an Alternate Credit Facility under certain circumstances as provided in the Indenture. Notwithstanding the forgoing, while the Bonds are in the Bank Rate Period, the Company shall not be required to provide a Credit Facility or Alternate Credit Facility.

Appears in 1 contract

Samples: Loan Agreement (Bovie Medical Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.