Congress Loan Agreement definition

Congress Loan Agreement means that certain Loan and Security Agreement by and between Congress Financial Corporation (Southwest) and the Company dated May 16, 2000, as amended to the date of the Loan Agreement and as may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced.
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Congress Loan Agreement means the Loan and Security Agreement, dated as of May 5, 1994, between Ampex Finance Corporation, a Delaware corporation ("AFC") and Congress Financial (Western), as in effect on the date hereof or as the same may be amended, supplemented or modified from time to time in accordance with the terms thereof.
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Congress Loan Agreement means that certain Loan and Security Agreement, dated November 12, 1996, as amended as of the date hereof pursuant to the Congress Ratification Agreement, by and between Congress, the Borrowers and the Guarantors (but without further amendment, waiver or modification).
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Examples of Congress Loan Agreement in a sentence

  • No "Event of Default" (as defined in the Congress Loan Agreement) has occurred under the Congress Loan Agreement which has not been either waived by Congress prior to the Closing Date or cured prior to the Closing Date.

  • The Obligations shall bear interest at a rate (the "Interest Rate") per annum equal to the greater of (i) the highest per annum interest rate for "Loans" (as such term is used in the Congress Loan Agreement) in effect from time to time under the Congress Loan Agreement plus 3% and (ii) 12%.

  • The Borrowers and the Guarantors shall have no Indebtedness or other liabilities other than (1) Indebtedness to Congress under the Congress Loan Agreement, (2) Indebtedness permitted under the Congress Loan Agreement but only to the extent such Indebtedness exists as of the date hereof, and (3) Indebtedness permitted under the Loan Documents.

  • The proceeds of the sale of ECD were applied to reduce the Debtor's obligations under the Congress Loan Agreement.

  • The Debtor did not meet the EBITDA covenants required under the Congress Loan Agreement for the calendar quarters ending December 31, 2002, March 31 and June 30, 2003.

  • In August, 2003, the Debtor and Congress executed an agreement with an effective date of June 30, 2003, which, among other things, reduced the amount of revolving credit available under the Congress Loan Agreement from $60 million to Case No. 03-35966-BKC-PGH $35 million (the "Forbearance Agreement").

  • Not later than 5 days following each date set forth on Schedule VI hereto, Borrowers and Guarantors shall deliver to the Lenders a certificate of the Designated Financial Officer setting forth the balance of all outstanding advances under the Congress Loan Agreement and the other Congress Debt Documents as of such date.

  • Borrowings under the Congress Loan Agreement are collateralized by substantially all assets of the Debtor including inventory, accounts receivable, equipment and general intangibles and certain of its real property.

  • No Borrower or Guarantor shall incur, create, assume, become or be liable in any manner with respect to, or permit to exist, any obligation or Indebtedness, except (a) Indebtedness to Congress under the Congress Loan Agreement or any other Congress Debt Document, (b) Indebtedness permitted under the Congress Loan Agreement but only to the extent such Indebtedness exists as of the date hereof, and (c) Indebtedness permitted under the Loan Documents.

  • The Congress Loan Agreement limited the amount of capital expenditures and prohibits the payment of dividends without the lenders' consent.


More Definitions of Congress Loan Agreement

Congress Loan Agreement means the loan agreement made as of December 3, 2004 by and among the Borrower and the Nominees as borrowers and Congress as lender, as the same may from time to time be restated, supplemented or amended and in effect;
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Congress Loan Agreement means the Loan and Security Agreement dated March 28, 2003, among WPSRC, as Borrower, WPS, as Initial Servicer, the lenders party thereto from time to time, and Congress, as agent for such lenders, as amended and in effect on the Petition Date.
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Congress Loan Agreement means that certain Loan and Security Agreement dated as of April 23, 2004, by and among Congress Financial Corporation (Florida), as agent, the financial institutions parties thereto as lenders, and the Company, as amended by Amendment No. 1 to Loan and Security Agreement and Amendment No. 2 to Loan and Security Agreement, and as the same may be further amended, modified, supplemented, extended, restated or replaced from time to time.
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Congress Loan Agreement means that certain Loan and Security Agreement between Congress Financial, as Lender, and Grossman's as Bxxxxxxx, xated May 2, 1996, as amended and in effect from time to time.
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Congress Loan Agreement means that certain Loan and Security Agreement, dated as of August 30, 2002, by and among Borrower, the Guarantors, Congress, and the other Congress Lenders, as amended by that certain Amendment No. 1 to Loan and Security Agreement, dated as of December 31, 2002, by and among Borrower, Congress, and the other Congress Lenders, that certain Amendment No. 2 to Loan and Security Agreement, dated as of February 7, 2003, by and between Borrower and Congress, as consented to by the other Congress Lenders, that certain Amendment No. 3 to Loan and Security Agreement, dated as of July 25, 2003, by and between Borrower and Congress, as consented to by the other Congress Lenders, that certain Amendment No. 4 to Loan and Security Agreement, dated as of November 4, 2004, by and between Borrower and Congress, as consented to by the other Congress Lenders and the Congress Loan Agreement Amendment, as the same may be amended, modified, supplemented, extended, renewed, restated or replaced from time to time to the extent permitted hereunder.
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Congress Loan Agreement that certain Loan and Security Agreement of even date herewith between Congress Agent, Congress Lenders, Borrower and the Guarantors with respect to the Congress Loan.
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Related to Congress Loan Agreement

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Original Loan Agreement has the meaning set forth in the recitals hereto.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Second Amended and Restated Credit Agreement shall have the meaning assigned to such term in the recitals of this Agreement.

  • Amended and Restated Credit Agreement has the meaning specified in the recitals to this Agreement.

  • Agency loan agreement means any agreement pursuant to

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • Finance agreement means a loan, lease, or installment sale agreement for a motor vehicle. The term includes, but is not limited to, an installment sale contract, a retail installment contract, or a retail charge agreement.

  • Note Agreement hereunder," "hereof," "herein," or words of like import referring to the Note Agreement, shall mean and be a reference to the Note Agreement, as amended hereby.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Financing Agreement means any lease purchase agreement, installment sale agreement, loan agreement, line of credit or other agreement of the department or, with the approval of the director, and any agency, to finance the improvement, use or acquisition of real or personal property that is or will be owned or operated by one or more agencies of the State, the department or any agency, or to refinance previously executed financing agreements including certificates of participation relating thereto. The School shall not act as a guarantor of any such financing agreement.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.