Existing Senior Credit Agreement Sample Clauses

Existing Senior Credit Agreement. On or prior to the Closing Date, any and all loans, accrued interest and fees and other amounts owing under the Existing Senior Credit Agreement shall be paid and the commitments (other than those continuing hereunder) shall be terminated.
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Existing Senior Credit Agreement. (a) Each of the Lenders party hereto that is a “Lender” under the Existing Senior Credit Agreement hereby waives advance notice of any termination or reduction of commitments and prepayments of loans under the Existing Senior Credit Agreement.
Sample 1
Existing Senior Credit Agreement. The Existing Senior Credit Agreement shall have been amended to, among other things, permit this Agreement and the transactions contemplated hereby, such amendment to be substantially in the form of Exhibit F hereto.
Sample 1
Existing Senior Credit Agreement. (a) Effective on the Closing Date, (i) the Existing Senior Credit Agreement shall be amended and (for the mutual convenience of the parties and not as a novation) restated in its entirety as provided in this Agreement, (ii) any outstanding Loans (as defined under the Existing Senior Credit Agreement) after giving effect to any prepayments thereof on the Closing Date shall be deemed to be outstanding Loans under this Agreement as provided in Section 2.14(b), (iii) any outstanding Letters of Credit (as defined under the Existing Senior Credit Agreement) shall be deemed to be outstanding Letters of Credit for the account of the Borrower under this Agreement, (iv) all outstanding obligations under the Existing Senior Credit Agreement, as so amended and restated under this Agreement, shall continue to be secured pursuant to each of the Collateral Documents (as defined in the Existing Senior Credit Agreement), (v) each such existing Collateral Document shall be amended and (for the mutual convenience of the parties and not as a novation) restated in its entirety or amended and supplemented pursuant to the applicable Collateral Documents hereunder, and all Liens granted pursuant to the existing Collateral Documents under the Existing Senior Credit Agreement shall continue in full force and effect under the Collateral Documents hereunder, and (vi) all Secured Swap Contracts secured pursuant to such existing Collateral Documents shall continue to be Secured Swap Contracts for all purposes of this Agreement and the other Loan Documents hereunder.
Sample 1

Related to Existing Senior Credit Agreement

  • 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.

  • Existing Credit Agreements The Existing Credit Agreements shall have been terminated and shall be of no further force and effect, and all amounts outstanding thereunder shall have been paid in full.

  • 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.

  • Credit Agreements Schedule II is a complete and correct list, as of the date of this Agreement, of each credit agreement, loan agreement, indenture, purchase agreement, guarantee or other arrangement providing for or otherwise relating to any Indebtedness or any extension of credit (or commitment for any extension of credit) to, or guarantee by, the Company or any of its Material Subsidiaries the aggregate principal or face amount of which equals or exceeds (or may equal or exceed) $150,000,000 and the aggregate principal or face amount outstanding or which may become outstanding under each such arrangement is correctly described in Schedule II.

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

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

  • (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:

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

  • Term Loan Agreement An Event of Default (as defined in the Term Loan Agreement) shall occur.

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

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