Ashland Credit Agreement definition

Ashland Credit Agreement means the Credit Agreement, dated as of January 10, 2020, among Ashland, as borrower, Ashland Global and Ashland Chemco Inc., a Delaware corporation, as holding companies, Ashland Services B.V., a besloten vennootschap met beperkte aansprakelijkheid organized under the laws of the Netherlands, as Dutch borrower, various financial institutions and The Bank of Nova Scotia, as lender, swing line lender, l/c issuer and as administrative agent.
Ashland Credit Agreement means the Credit Agreement, dated as of June 23, 2015, among Ashland, as borrower, various financial institutions and The Bank of Nova Scotia, as lender, swing line lender, l/c issuer and as administrative agent.
Ashland Credit Agreement means the amended and restated credit agreement, dated as of July 22, 2022 (as further amended and/or restated from time to time), among Ashland, as borrower, Ashland Global Holdings Inc and Ashland Chemco Inc., as holding companies, Ashland Services B.V., a besloten vennootschap met beperkte aansprakelijkheid organized under the laws of the Netherlands, as the Dutch borrower, various financial institutions, The Bank of Nova Scotia, as swing line lender, l/c issuer and as administrative agent and Citibank, N.A., as syndication agent.

Examples of Ashland Credit Agreement in a sentence

  • If, at any time after the Closing Date and until the Final Payout Date, the Financial Covenants are amended or are otherwise varied from the Ashland Credit Agreement in effect on the Closing Date, Ashland shall provide copies of such changes or amendments to the Administrative Agent and each Group Agent within three (3) Business Days following the effective date of any such changes or amendments to the Ashland Credit Agreement.

  • If any Committed Purchaser (and its Affiliates) ceases to be a party to the Ashland Credit Agreement as a lender thereunder (including due to termination or expiration of the Ashland Credit Agreement without being replaced by a successor credit agreement) and such Committed Purchaser does not otherwise consent to the Financial Covenants, Deemed Financial Covenants shall become effective.

  • So long as each Committed Purchaser (or its Affiliates) is a party to the Ashland Credit Agreement as a lender thereunder, this Agreement shall not contain independent financial covenants (whether identical to those in the Ashland Credit Agreement or otherwise).

  • Neither the Administrative Agent nor any Purchaser shall require any fee to provide a waiver of any breach of a Financial Covenant or to document a Financial Covenant Amendment if such fee is in addition to the fees otherwise payable to such party as a lender under the Ashland Credit Agreement (it being understood that the foregoing shall not apply to the reimbursement of the Administrative Agent for reasonable legal expenses to the extent otherwise payable under Section 15.04 hereof).

  • So long as each Committed Investor (or its Affiliates) is a party to the Ashland Credit Agreement as a lender thereunder, this Agreement shall not contain independent financial covenants (whether identical to those in the Ashland Credit Agreement or otherwise).

  • If any Committed Investor (and its Affiliates) ceases to be a party to the Ashland Credit Agreement as a lender thereunder (including due to termination or expiration of the Ashland Credit Agreement without being replaced by a successor credit agreement) and such Committed Investor does not otherwise consent to the Financial Covenants, Deemed Financial Covenants shall become effective.

  • At all times from the date hereof to the Final Payout Date, unless the Majority Investors shall otherwise consent in writing, each Originator and the Master Servicer shall cause the transactions contemplated by this Agreement and the Transaction Documents to constitute a “Permitted Receivables Facility” under and as defined in the Ashland Credit Agreement.

  • If, at any time after the Closing Date and until the Final Payout Date, the Financial Covenants are amended or are otherwise varied from the Ashland Credit Agreement in effect on the Closing Date, Ashland shall provide copies of such changes or amendments to the Agent within three (3) Business Days following the effective date of any such changes or amendments to the Agent and each Managing Agent.

  • So long as each Committed Purchaser (or its Affiliates) is a party to theAshland Credit Agreement as a lender thereunder, this Agreement shall not contain independent financial covenants (whether identical to those in the Ashland Credit Agreement or otherwise).

  • Each of the SPV, each Originator and the initial Master Servicer represents and warrants to the Agent, each Managing Agent, the Administrators, the Investors and the other Secured Parties, as to itself only, that, on the Closing Date, on each Investment Date, on each L/C Issuance Date and on each date of Reinvestment, that the transactions contemplated by this Agreement and the Transaction Documents constitute a “Permitted Receivables Facility” under and as defined in the Ashland Credit Agreement.


More Definitions of Ashland Credit Agreement

Ashland Credit Agreement means the Credit Agreement, dated as of March 31, 2010, among Ashland, as borrower, Bank of America, as administrative agent, Scotia, as syndication agent, each lender from time to time party thereto, Banc of America Securities LLC and Scotia, as joint lead arrangers and joint book managers, and each of SunTrust Bank, Citibank, N.A., PNC Bank, National Association and U.S. Bank National Associatoin, as co-documentation agents.
Ashland Credit Agreement set forth in Section 1.1 of the Agreement is amended by replacing the date “June 23, 2015” where it appears therein with the date “May 17, 2017”.

Related to Ashland Credit Agreement

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Original Closing Date, among Holdings, the Borrower, as borrower, the lenders party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent, as such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Credit Agreement shall have the meaning set forth in the recitals.