Acceptable Credit Facility definition

Acceptable Credit Facility. Each of (a) the ABL Facility and (b) such other credit facilities as may be obtained from time to time by any Tenant Party as a borrower, debtor or other obligor from third party lenders on arms’ length terms and pursuant to market standard loan agreements, indentures and/or credit documents.
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Acceptable Credit Facility means and includes:
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Acceptable Credit Facility means a loan or credit agreement or bank facility entered into after the Restatement Date pursuant to which the Company and/or any Subsidiary Guarantor is an obligor that is (a) on similar commercial terms (except that any Lien subordination provisions shall only be agreed to by the Current Holders as indicated in Section 5.4) and used for similar business purposes as the Loan and Security Agreement that was entered into on or about January 31, 2001 among Xxxxxx, Xxxxxx'x Subsidiaries, Corporate Subscription Services, Inc. and Fleet Capital Corporation so long as all Debt and attendant obligations related to such loan or credit agreement or bank facility are pari passu with the Notes and covenants, payment arrangements and other provisions contained in such loan or credit agreement or bank facility do not otherwise violate the terms of this Agreement and do not affect the Prepayment Date or the Maturity Date, or (b) otherwise permitted to exist by the Required Holders on terms and conditions reasonably acceptable to the Required Holders.
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Examples of Acceptable Credit Facility in a sentence

  • Notwithstanding anything to the contrary in this Lease, Tenant shall be permitted to collaterally assign Tenant’s right, title and interest in and to this Lease as part of any grant of a security interest in all or substantially all of Tenant’s assets in connection with an Acceptable Credit Facility.

  • On the Commencement Date, Landlord is entering into a collateral access agreement in favor of the current Acceptable Credit Facility Lender in the form of Exhibit I attached hereto (the “Pre-Approved Access Agreement Form”).

  • From time to time during the Term, promptly following Tenant’s written request, so long as no Disabling Event exists and at Tenant’s sole cost and expense, Landlord shall execute and deliver a collateral access agreement in favor of any other Acceptable Credit Facility Lender on the Pre-Approved Access Agreement Form or on such other form as may be reasonably acceptable to Landlord and such Acceptable Credit Facility Lender.

  • From time to time during the Term, promptly following Tenant’s written request, so long as no Event of Default exists and at Tenant’s sole cost and expense, Landlord shall execute and deliver a collateral access agreement in favor of any other Acceptable Credit Facility Lender on the Pre-Approved Access Agreement Form or on such other form as may be reasonably acceptable to Landlord and such Acceptable Credit Facility Lender.

  • The Company will promptly del iver to each holder of Notes a copy of each amendment or other modification to or waiver of any provision of each Acceptable Credit Facility and each agreement or instrument evidencing any other Debt of the Company entered into after the Closing Date.

  • The Company will not agree to any amendment or modification of the Senior Credit Agreement or any successive loan or credit agreement replacing, refinancing or refunding, in whole or in part, the Debt incurred under the Senior Credit Agreement, if such amendment or modification would result in such loan or credit agreement not being an Acceptable Credit Facility.

  • The Company will not agree to any amendment or modification of any Acceptable Credit Facility which amendment or modification increases the principal amount of the Debt permitted to be incurred thereunder (other than as permitted pursuant to Section 7.4).

  • The Company will promptly deliver to each holder of Subordinated Notes a copy of each amendment or other modification to or waiver of any provision of any Acceptable Credit Facility and each agreement or instrument evidencing any other Debt in an aggregate principal amount in excess of Two Hundred Fifty Thousand Dollars ($250,000) of the Company entered into after the Closing Date.


More Definitions of Acceptable Credit Facility

Acceptable Credit Facility means the Bank Loan Agreement and the other Bank Documents, in each case as amended (including by any amendment and restatement), supplemented, modified or extended from time to time including each loan or credit agreement and other related agreements extending the maturity of, replacing, refinancing, refunding, or otherwise restructuring (including, without limitation, increasing the amount of the available borrowings thereunder provided that any such increase is permitted under Section 7.4), in whole or in part, the Debt under the Bank Loan Agreement or any other Acceptable Credit Facility, whether by the same or any other agent, lender or group of lenders, so long as, but only so long as the aggregate amount of Debt incurred pursuant to such loan or credit agreement is, at the time of incurrence thereof, permitted to be incurred pursuant to Section 7.4.
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Acceptable Credit Facility in Section 11.1 of the Note and Warrant Purchase Agreement shall be and hereby is amended by deletion of the phrase "and the other Bank Documents" in the first and second lines thereof, and replacement of such phrase with "and the agreements and documents related thereto".
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Related to Acceptable Credit Facility

  • Acceptable Credit Rating means a minimum long term credit rating of either BBB from Standard & Poors or Baa2 from Xxxxx’x; Access Undertaking means:

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Alternate Credit Facility means any irrevocable direct pay letter of credit, insurance policy or similar credit enhancement or support facility for the benefit of the Trustee, the terms of which Alternate Credit Facility shall in all respects material to the registered owners of the Bonds be the same (except for the term set forth in such Alternate Credit Facility) as those of the Letter of Credit.

  • New Credit Facility is defined in Section 9.8.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Applicable Credit Rating For any long-term deposit or security, a credit rating of AAA in the case of S&P or Aaa in the case of Moody's. For any shxxx-xxxm deposit or security, or a rating of A-l+ in the case of S&P or P-1 in the case of Moody's.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Replacement Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Available Credit means, at any time, (a) the then effective Revolving Credit Commitments minus (b) the aggregate Revolving Credit Outstandings at such time.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended and restated as of November 12, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Applicable Credit Support Percentage As defined in Section 4.02(e).

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.