Senior Credit Agreement Amendment Sample Clauses

Senior Credit Agreement Amendment. The Administrative Agent shall have received true and correct copies of the fully-executed Senior Credit Agreement Amendment and such agreement shall have become effective.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Senior Credit Agreement Amendment of the Sixth Amendment and Waiver Agreement to the Senior Credit Agreement dated as of March 18, 2003 (the "Sixth Amendment"), provides certain restrictions on the ability of Willey to make payments of principal of and interest on the Notes. Xxxx will confirm that CMII does not consent to the provisions of such section 8.2 to the extent such provisions may be inconsistent with the Subordination Agreement. By signing below, Willey confirms and agrees that it will make payments under the Notex xx xhe extent required by the terms of the Notes and permitted by the Subordination Agreement.
Sample 1Sample 2
Senior Credit Agreement Amendment. The substantially concurrent occurrence of the “Amendment Effective Date” as defined in the Senior Credit Agreement Amendment.
Sample 1Sample 2
Senior Credit Agreement Amendment. The Current Noteholders (or their special counsel) shall have received a true and correct copy of the executed and effective Fourth Amendment to Credit Agreement (the "Fourth Amendment") dated as of April 21, 2004 between the Company and PNC Bank, National Association, in its capacity as Administrative Agent and lender, and each of the Banks party thereto, substantially in the form of Exhibit 5.8 hereto and each document delivered to the Administrative Agent and Banks pursuant thereto.
Sample 1
Senior Credit Agreement Amendment. SVB shall have executed and delivered to the Borrowers, an amendment to the Senior Credit Agreement terminating the non-formula indebtedness and the provision for non-formula advances.
Sample 1
Senior Credit Agreement Amendment. The Lenders shall have received a fully-executed copy of the amendment to the Senior Credit Agreement and each other Senior Finance Document executed in connection therewith, in each case, in form and substance reasonably satisfactory to the Lenders.
Sample 1
Senior Credit Agreement Amendment. Section 10.2 of the Ninth Amendment to the Senior Credit Agreement dated as of November 28, 2003 (the "Ninth Amendment"), provides certain restrictions on the ability of Willey to make payments of principal of and interest on the Notes. Xxxx xill confirm that CMII does not consent to the provisions of such section 10.2 to the extent such provisions are inconsistent with the Subordination Agreement. By signing below, Willey confirms and agrees that it will make payments under the Xxxxx to the extent required by the terms of the Notes and permitted by the Subordination Agreement.
Sample 1
AutoNDA by SimpleDocs
Senior Credit Agreement Amendment. The parties to the Senior Credit Agreement shall have entered into a satisfactory amendment thereto that gives effect to the relevant terms hereof.
Sample 1
Senior Credit Agreement Amendment. Section 13 of the Third Amendment and Waiver Agreement to the Senior Credit Agreement dated as of March 29, 2002 (the "THIRD AMENDMENT"), provides certain restrictions on the ability of Xxxxxx to make payments of principal of and interest on the Notes. These provisions appear to conflict with the Subordination Agreement. This will confirm that CMII does not consent to the provisions of such section 13 to the extent such provisions are inconsistent with the Subordination Agreement. By signing below, Xxxxxx confirms and agrees that it will make payments under the Notes to the extent required by the terms of the Notes and permitted by the Subordination Agreement.
Sample 1

Related to Senior Credit Agreement Amendment

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

  • Amendment of Credit Agreement (a) Effective as of the First Incremental Term Facility Amendment Effective Date, the Credit Agreement is hereby amended as follows: (i) The following definitions are hereby added in the appropriate alphabetical order to Section 1.01:

  • Existing Credit Agreement On the date of this Agreement, the Existing Credit Agreement shall be amended and restated in its entirety by this Agreement, and the Existing Credit Agreement shall be replaced hereby; provided that the Borrower, the Administrative Agent and the Lenders agree that on the date of the initial funding of Loans hereunder, the loans and other Indebtedness of the Borrower under the Existing Credit Agreement shall be renewed, rearranged, modified and extended with the proceeds of the initial funding and the “Commitments” of the lenders under the Existing Credit Agreement shall be superseded by this Agreement and terminated. This Agreement is not in any way intended to constitute a novation of the obligations and liabilities existing under the Existing Credit Agreement or evidence payment of all or any portion of such obligations and liabilities. The terms and conditions of this Agreement and the Administrative Agent’s, the Lenders’ and the Issuing Banks’ rights and remedies under this Agreement and the other Loan Documents shall apply to all of the Indebtedness incurred under the Existing Credit Agreement and in respect of the Existing Letters of Credit. The undersigned hereby waive (i) any right to receive any notice of such termination, (ii) any right to receive any notice of prepayment of amounts owed under the Existing Credit Agreement, and (iii) any right to receive compensation under Section 5.02 of the Existing Credit Agreement in respect of Eurodollar Loans outstanding under the Existing Credit Agreement resulting from such rearrangement. Each Lender that was a party to the Existing Credit Agreement hereby agrees to return to the Borrower, with reasonable promptness, any promissory note delivered by the Borrower to such Lender in connection with the Existing Credit Agreement.

  • 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;

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows: (a) The following definitions are added in the appropriate alphabetical order to Section 1.01 of the Credit Agreement:

  • Credit Agreement (a) Capitalized terms used in this Agreement and not otherwise defined herein have the respective meanings assigned thereto 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. (b) The rules of construction specified in Section 1.02 of the Credit Agreement also apply to this Agreement.

  • 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.

  • Amendment and Restatement of the Existing Credit Agreement The parties to this Agreement agree that, upon (i) the execution and delivery by each of the parties hereto of this Agreement and (ii) satisfaction of the conditions set forth in Section 3.01, the terms and provisions of the Existing Credit Agreement shall be and hereby are amended, superseded and restated in their entirety by the terms and provisions of this Agreement. This Agreement is not intended to and shall not constitute a novation. All loans made and obligations incurred under the Existing Credit Agreement which are outstanding on the Effective Date shall continue as Obligations under (and shall be governed by the terms of) this Agreement and the other Loan Documents. Without limiting the foregoing, upon the effectiveness hereof: (a) all references in the “Loan Documents” (as defined in the Existing Credit Agreement) to the “Agent”, the “Credit Agreement” and the “Loan Documents” shall be deemed to refer to the Agent, this Agreement and the Loan Documents, (b) all obligations constituting “Obligations” with any Lender or any Affiliate of any Lender which are outstanding on the Effective Date shall continue as Obligations under this Agreement and the other Loan Documents, (c) the Agent shall make such reallocations, sales, assignments or other relevant actions in respect of each Lender’s credit and loan exposure under the Existing Credit Agreement as are necessary in order that each such Lender’s outstanding Revolving Credit Advances hereunder reflect such Lender’s Pro Rata Share of the outstanding aggregate Revolving Credit Advances on the Effective Date, (d) the Existing Revolving Credit Advances (as defined in Section 2.01) of each Departing Lender shall be repaid in full (accompanied by any accrued and unpaid interest and fees thereon), each Departing Lender’s “Commitment” under the Existing Credit Agreement shall be terminated and each Departing Lender shall not be a Lender hereunder, and (e) the Borrower hereby agrees to compensate each Lender (including each Departing Lender) for any and all losses, costs and expenses incurred by such Lender in connection with the sale and assignment of any Eurodollar Rate Advances (including the “Eurodollar Rate Advances” under the Existing Credit Agreement) and such reallocation described above, in each case on the terms and in the manner set forth in Section 8.04(c) hereof.

  • 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.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!