Prior Credit Agreements Sample Clauses

Prior Credit Agreements. (a) On the Effective Date, the "Commitments" as defined in each of the Prior Credit Agreements shall terminate, without further action by any party thereto, except that Sections 2.14, 7.05, 7.06, 8.03 and 9.03 of each of the Prior Credit Agreements (and Section 2.13 and Article 9 of each of the Prior Credit Agreements insofar as they relate to such foregoing Sections) shall survive such termination and any related payment of amounts owed under each of the Prior Credit Agreements.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Prior Credit Agreements. Receipt by the Administrative Agent of evidence that (i) the Prior Credit Agreements and all documents executed or delivered in connection with the Prior Credit Agreements have been terminated, and (ii) all amounts owing in connection with the Prior Credit Agreements have been paid in full on the Effective Date and all liens granted in connection therewith have been or are agreed to be released upon such repayment in full.
Sample 1
Prior Credit Agreements. (a) On the Effective Date, the "Commitments" as defined in each of the Prior Credit Agreements shall terminate, without further action by any party thereto, except that Sections 2.14, 7.05, 7.06, 8.03 and 9.03 of each of the Prior Credit Agreements (and Section 2.13 and Article 9 of each of the Prior Credit Agreements insofar as they relate to such foregoing Sections) shall survive such termination and any related payment of amounts owed under each of the Prior Credit Agreements. (b) The Banks which are parties to each Prior Credit Agreement, comprising the "Required Banks" as defined therein, hereby waive any requirement of notice of termination of the "Commitments" (as defined in such Prior Credit Agreement) pursuant to Section 2.10 thereof and of prepayment of loans thereunder to the extent necessary to give effect to Section 3.01(g) hereof; provided that any such prepayment of Loans shall be subject to Section 2.14 of such Prior Credit Agreement. Section 3.03.
Sample 1
Prior Credit Agreements. The Company will not directly or indirectly apply any part of the proceeds of any extension of credit made pursuant to this Agreement to purchase or to carry Margin Stock or to refinance any loan incurred for such purpose or to any transaction prohibited by the Foreign Trade Regulations or by other laws or regulations applicable to any of the Lenders.
Sample 1
Prior Credit Agreements. Receipt by the Administrative Agent of evidence that: (i) (A) the Credit Agreement, dated as of February 3, 1998, among Davel, NationsBank, N.A., as administrative agent, SunTrust Bank, Tampa Bay, as documentation agent, LaSalle National Bank, as co-agent and the lenders party thereto and (B) the Fourth Amended and Restated Loan and Security Agreement, dated as of July 10, 1995, among Peoples, Bank Austria Creditanstalt Corporate Finance, Inc., the assignee of Creditanstalt- Bankverein, as agent and -62- the lenders party thereto (as amended or modified from time to time, collectively the "Prior Credit Agreements"), and all documents executed or delivered in connection with the Prior Credit Agreements, have been terminated, and (ii) all amounts owing in connection with the Prior Credit Agreements have been paid in full on the Effective Date and all liens granted in connection therewith have been or are agreed to be released upon such repayment in full.
Sample 1
Prior Credit Agreements. Borrower and Guarantors acknowledge, with respect to the amounts owing to Bank under any prior credit agreement, including, but not limited to, those Loan Agreements, dated December 27, 1993, July 20, 1994 and August 10, 1994, and those Amendments to Loan Agreement, dated June 15, 1994, July 15, 1994, June 7, 1995 and June 21, 1995 that neither Borrower nor Guarantors have any offset, defense, or counterclaim with respect thereto, no claim or defense in abatement or reduction thereof, nor any other claim against Bank or with respect to any
Sample 1
Prior Credit Agreements 
Sample 1Sample 2
AutoNDA by SimpleDocs

Related to Prior Credit Agreements

  • 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.

  • 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.

  • 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.

  • Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.

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

  • 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:

  • 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.

  • 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.

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

  • (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:

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