Bank Credit Party definition

Bank Credit Party means the Obligors and all other Subsidiaries or Affiliates of the Company that are borrowers or guarantors under the Credit Documents.
Bank Credit Party has the meaning assigned to such term in the Security Agreement.
Bank Credit Party means the Administrative Agent, a Lender or the Issuing Bank, as the case may be.

Examples of Bank Credit Party in a sentence

  • Heritage Bank Credit Party Financial Institution Walco Holdings, Inc.

  • Such financial advisor shall not be an agent of any Bank Credit Party or any Affiliate thereof and shall owe its duties solely to the holders of the Notes or their counsel (as applicable).

  • Toronto Dominion Bank Credit Party Bank Name Account Number Fibrek General Partnership Toronto Dominion Bank Fibrek General Partnership Toronto Dominion Bank Fibrek International Inc.

  • Neither the Agent nor any of its directors, officers, employees or agents shall be liable or responsible for any action taken or omitted to be taken by it to any Bank, Credit Party or any other Person under this Agreement or any other Loan Documents or in connection herewith, except for its or their own gross negligence or willful misconduct.


More Definitions of Bank Credit Party

Bank Credit Party means a “Credit Party” under and as defined in the Bank Credit Agreement.
Bank Credit Party means each of the Bank Borrowers, the guarantors under the Bank Credit Agreement and any other Subsidiary that is party to any of the Credit Documents (as defined in the Bank Credit Agreement).
Bank Credit Party means the Obligors and all other Subsidiaries or Affiliates of the Company that are borrowersunder the Credit Documents.
Bank Credit Party means the Obligors and all other Subsidiaries or Affiliates of the Company that are borrowersunder the Credit Documents.

Related to Bank Credit Party

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Domestic Credit Party means any Credit Party which is incorporated or organized under the laws of any State of the United States or the District of Columbia.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.

  • Non-Credit Party means any Restricted Subsidiary of the Borrower that is not a Credit Party.

  • Borrower as defined in the preamble hereto.

  • Foreign Credit Party means a Credit Party which is not a Domestic Credit Party.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Loan Party means any one of them.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

  • Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • The Borrower has advised the Banks that the Borrower is currently working on a revised business plan which will include, among other things, a request to restructure the Obligations owing to the Banks on terms and conditions mutually agreed upon by the Borrower and the Banks. While the Borrower and the Banks have initiated discussions concerning the proposed restructuring of the Obligations, the Borrower acknowledges that the Banks have not agreed to any terms and conditions relating to any restructuring of the Obligations. In the meantime, however, the Borrower intends to continue to sell the remaining physician practice management groups operated by the Borrower and its Subsidiaries (collectively being referred to herein as the "PPM Businesses") and use a portion of the proceeds from the sale of the PPM Businesses to meet its reasonable and necessary operating expenses. To afford the Borrower an opportunity to proceed with the transactions described above, the Borrower has requested that (i) the Banks extend the temporary waiver period provided for in Sections 2.1 and 2.2 of that certain Seventh Amendment and Waiver to Credit Agreement dated as of December 10, 1999, among the Borrower, the Banks, and the Agent (the "Seventh Amendment") (as further amended, in part, by a December 30, 1999, letter agreement, a February 29, 2000, letter agreement, a March 24, 2000, letter agreement, an April 14, 2000, letter agreement, a May 5, 2000, letter agreement, a May 19, 2000, letter agreement, a June 1, 2000, letter agreement, a June 9, 2000, letter agreement, a June 16, 2000, letter agreement, a June 29, 2000, letter agreement, a July 21, 2000, letter agreement, an August 11, 2000, letter agreement, and a September 8, 2000, letter agreement, in each case between the Borrower, the Banks and the Agent) and, in addition, that the Banks temporarily waive any non-compliance by the Borrower as of December 31, 1999, as of March 31, 2000, as of June 30, 2000, and as of September 30, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements, in each case to October 13, 2000 (the "Waiver Termination Date"), (ii) Bank of Montreal extend the Bridge Loan Period from September 29, 2000, to the Waiver Termination Date, and (iii) amend the due date for the payment of principal, interest and unused commitment fees otherwise due on or before September 30, 2000, with respect to the Revolving Credit and the Term Loans (including such payments described in Sections 2.1 and 2.2 of the Seventh Amendment) to the Waiver Termination Date. By signing below, the Banks (including Bank of Montreal with respect to the Bridge Loan Commitment) hereby agree to extend the waiver period provided in Sections 2.1 and 2.2 of the Seventh Amendment from September 29, 2000, to the Waiver Termination Date, temporarily waive any non-compliance by the Borrower as of December 31, 1999, as of March 31, 2000, as of June 30, 2000, and as of September 30, 2000, with Sections 8.8 (Total Funded Debt/Adjusted EBITDA Ratio), 8.10 (Interest Coverage Ratio), and 8.11 (Debt Service Coverage Ratio) of the Credit Agreement and the Borrower's non-compliance with Section 8.5(b) of the Credit Agreement with respect to the timely delivery of the Borrower's March 31, 2000, financial statements through the period ending on the Waiver Termination Date, agree to extend the Bridge Loan Period to the Waiver Termination Date, and agree to amend the due date for the payment of principal, interest, and unused commitment fees otherwise due on or before September 30, 2000, with respect to the Revolving Credit and the Term Loans (including such payments described in Sections 2.1 and 2.2 of the Seventh Amendment) to the Waiver Termination Date, provided that:

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Borrower Party means any one of them.

  • Credit Parties means the Borrower and the Guarantors.

  • Specified Credit Party means any Credit Party that is not an “eligible contract participant” under the Commodity Exchange Act.

  • Account Party has the meaning specified therefor in Section 2.11(h) of this Agreement.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Canadian Borrower as defined in the preamble hereto.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Parent Borrower as defined in the preamble hereto.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Bank Credit Agreement means the Revolving Credit and Term Loan Agreement, dated as of January 26, 2015, by and among the Company and certain of its Subsidiaries, Bank of America, N.A., as administrative agent, and the 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.

  • Lender Party means any Lender, the Issuing Bank or the Swing Line Bank.