Senior Bank Credit Agreement Sample Clauses

Senior Bank Credit Agreement. This Credit Agreement replaces the Existing Credit Agreement and refinances and replaces the revolving loan commitments and outstanding revolving loans and letters of credit indebtedness thereunder. The Existing Credit Agreement replaced that certain Credit Agreement dated as of September 27, 1996 among NMC and certain subsidiaries and affiliates of NMC, as borrowers, certain subsidiaries and affiliates of NMC, as guarantors, the lenders identified therein and NationsBank, N.A. (now known as Bank of America, N.A.), as Paying Agent, and which refinanced the indebtedness thereunder. This Credit Agreement constitutes the “Bank Credit Agreement” under the Trust Preferred Subdebt Indentures and the loans and interest owing hereunder constitute “Senior Indebtedness” under the Trust Preferred Indentures.
AutoNDA by SimpleDocs

Related to Senior Bank Credit Agreement

  • 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:

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • 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.

  • Original Credit Agreement Until the occurrence of the earlier of the Effective Date as provided in Section 4 hereof or the Commitment Termination Date (as defined in the Original Credit Agreement), the Original Credit Agreement shall continue in full force and effect in accordance with the provisions thereof and the rights and obligations of the parties thereto shall not be affected hereby, and all fees and interest accruing under the Original Credit Agreement shall continue to accrue at the rates provided for therein.

  • 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:

  • 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:

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

  • 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.

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