Credit and Security Documents definition

Credit and Security Documents means the Credit Agreement dated as of May 3, 2004, as amended by the First Amendment dated as of May 18, 2005 and by the Second Amendment dated as of (or about) May 9, 2007 (as so amended, the “Credit Agreement”), by and among Counterparty, the Guarantors identified therein, the Lenders identified therein and Bank of America, N.A., as Administrative Agent, and the Security Agreement (as defined therein) entered into in connection therewith. As used herein, “Credit Agreement Matters” means (i) the restrictions set forth in Section 8.06(d) of the Credit Agreement on Counterparty’s ability to make Restricted Payments (as defined in the Credit Agreement) as provided in such section, (ii) the restrictions set forth in Section 8.06(g) of the Credit Agreement on Counterparty’s ability to make cash payments pursuant to this Confirmation upon or following the conversion of any of the Convertible Notes (or any portion of Counterparty’s obligations thereunder) as provided in such section, and (iii) any potential cross default that might arise under Section 9.01(e)(iii) of the Credit Agreement based on the occurrence of an early termination date hereunder as provided in such section.
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Credit and Security Documents shall have the meaning defined in Section 1.05 of this Agreement.
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Credit and Security Documents means the Credit Agreement and the other Facility Documents executed or to be executed under or pursuant to, or as a condition precedent or subsequent to any obligation of any person in, the Credit Agreement;
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Examples of Credit and Security Documents in a sentence

  • The Security Agreement and other Credit and Security Documents creates in favor of the Lender, as collateral agent for itself, any subsequent Lender under the Loan Documents and Cornell Capital, a legal, valid and enforceable security interest in the Collateral secured thereby.

  • Each of the Borrowers and each Davel Credit Party has the power and authority to execute, deliver and carry out the terms and provisions of the Credit and Security Documents and all other Loan Documents to which it is a party and as at the Closing Date has taken all necessary corporate action, to authorize the execution, delivery and performance of the Credit and Security Documents and the other Loan Documents to which it is a party.

  • The Parties hereto do hereby acknowledge that a delivery of the foregoing signatures and instruments represent material Credit and Security Documents and deliveries to the Lender.

  • The Lenders and the Borrowers agree to execute such documents (including without limitation amendments to this Agreement and the other Credit and Security Documents) as shall be necessary to effect the foregoing.

  • The Borrowers may later cancel any insurance so purchased, but only after providing the Lender with evidence that the Borrowers have obtained insurance as required by the Credit and Security Documents (including Section 6.03 hereof).

  • The Borrowers have been unable to deliver to the Lender on the Closing Date, (a) the Collateral Debt and Security Assignment Agreement, duly executed by all of the Selling Lenders, and (b) physical possession of all of the stock certificates evidencing all securities and investment property pledged to Lender, as collateral agent, under the Credit and Security Documents.

  • Any other Person to whom a portion of the Loan shall be syndicated or assigned is hereby deemed to be a "Lender" for all purposes of this Agreement, all Credit and Security Documents and other agreements and instruments executed in connection with the transactions contemplated by this Agreement.

  • The Borrowers agree that unless it provides the Lender with evidence of the insurance coverage required by the Credit and Security Documents (including Section 6.03 hereof) the Lender may purchase insurance at the Borrowers’ expense to protect its interests in the Collateral.

  • The Borrowers have been unable to deliver to the Lender on the Closing Date, (a) the Collateral Debt and Security Assignment Agreement, duly executed by ALL of the Selling Lenders, and (b) physical possession of all of the stock certificates evidencing all securities and investment property pledged to Lender, as collateral agent, under the Credit and Security Documents.

  • The Borrowers agree that unless it provides the Lender with evidence of the insurance coverage required by the Credit and Security Documents (including Section 6.03 hereof) the Lender may purchase insurance at the Borrowers' expense to protect its interests in the Collateral.