Bank Credit Facilities definition

Bank Credit Facilities means: (a) the Credit Agreement, dated July 1, 2015, among WestRock, RockTenn Company of Canada Holdings Corp./Compagnie de Holdings RockTenn du Canada, a Nova Scotia unlimited company (“RockTenn Canada”), as Canadian borrower, the other borrowers from time to time party thereto, the Company and RKT as guarantors and the other guarantors from time to time party thereto, Xxxxx Fargo Bank, National Association (“WF”), as administrative agent, and Xxxxx Fargo, National Association, London branch, as multicurrency agent; and (b) any amendments, renewals, refundings, refinancings, extensions, modifications or replacements with respect to any of the foregoing. At the request of the Company, the Trustee will execute and deliver any documents, instructions or instruments evidencing any such release.

Bank Credit Facilities means the Acquisition Facility and the Revolving Loan Facility.

Bank Credit Facilities means, with respect to any Person, one or more debt facilities or commercial paper facilities with banks or other institutional lenders providing for revolving credit loans, term loans, receivables or inventory financing (including through the sale of receivables or inventory financing to such lenders or to special purpose entities formed to borrow from such lenders against such receivables or inventory) or trade or standby letters of credit, in each case together with any extensions, revisions, refinancings or replacements thereof by a lender or syndicate of lenders.

Examples of Bank Credit Facilities in a sentence

• The RKT Guarantee shall be automatically released and shall terminate (i) if RKT ceases to be or, upon giving effect to any substantially concurrent transaction or transactions, shall cease to be the issuer or guarantor of any Capital Markets Debt (other than, before giving effect to the release contemplated by this Section 1.05, the Securities) or (ii) upon the termination of MWV’s guarantee of WestRock’s obligations under the Bank Credit Facilities.

• The funds from time to time on deposit in the Net Cash Proceeds Account may be disbursed from such account only for the purposes and in the manner provided for in the Intercreditor Agreement, the Security Agreement, the Bank Credit Facilities and this Indenture.

• Notwithstanding anything in this Section 3(n) to the contrary, the Company directly or indirectly through a subsidiary, may (i) make borrowings under the Bank Credit Facilities (as defined in the Indenture) pursuant to the terms and conditions of such agreement, (ii) enter into purchase money mortgage transactions, (iii) obtain letters of credit and (iv) enter into such other commercial lending transactions consistent with the Company’s business.

• In the first quarter of 2001 the Company refinanced the existing Loan Facility by the new Bank Credit Facilities.

• If there are no guarantors under the Bank Credit Facilities, Guarantors under this Indenture, other than the Company, will be released from their Guarantees.

More Definitions of Bank Credit Facilities

Bank Credit Facilities means one or more debt facilities (including, without limitation, the Credit Agreement) or commercial paper facilities, in each case with banks or other lenders providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit.

Bank Credit Facilities means Credit Facilities providing for term loan or revolving credit indebtedness that constitutes Bank Indebtedness.

Bank Credit Facilities means the $200.0 million term loan A and the $800.0 million revolving credit facility provided pursuant to the Bank Credit Agreement.

Bank Credit Facilities means the Credit Agreement, dated as of October 29, 1998 (the "Bank Credit Agreement"), among JCC, JCC Holding, the Bank Lenders from time to time parties thereto, and Bankers Trust Company, as administrative agent, together with the related documents thereto (including, without limitation, any guaranty agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or modified from time to time, including any agreement extending the maturity of, refinancing, replacing or otherwise restructuring (including by way of adding Subsidiaries of JCC Holding or JCC as additional borrowers or guarantors thereunder) all or a portion of the Indebtedness under such agreement or any successor or replacement agreement and whether by the same or any other agent, lender or group of lenders.

Bank Credit Facilities means the Revolving Bank Credit Facility and the Bank Term Loan.

Bank Credit Facilities means the credit facilities described in clauses (i) and (ii) of the definition of Credit Facilities.

Bank Credit Facilities means that certain Credit Agreement, dated as of February 10, 2011, by and among the Issuer, as borrower and the lenders party thereto, as amended, and any related documents (including, without limitation, any guarantees or security documents), as such agreements (and such related documents) may be amended, restated, supplemented, renewed, replaced by the existing lenders or by successors or otherwise modified from time to time, including any agreement(s) extending the maturity of or refinancing or refunding all or any portion of the indebtedness or increasing the amount to be borrowed under such agreement(s) or any successor agreement(s), whether or not by or among the same parties.