Examples of Credit Facility Obligations in a sentence
The Collateral Agent shall make payments of Proceeds to the Bank Agent pursuant to clause First of Section 3.01(d) hereof upon receipt of a certificate of the Bank Agent, specifying the amount so to be paid and the application thereof to principal, interest or other amounts constituting Bank Credit Facility Obligations.
The Banks and the Bank Agent acknowledge and agree that upon a Principal Asset Sale any Liens of the Banks on any assets or equity interests being sold in such Principal Asset Sale shall be released, provided that Net Proceeds of such Principal Asset Sale are applied to the Bank Credit Facility Obligations in accordance with the provisions of Section 3.09 of the Indentures.
From and after the date when all liens granted in favor of the holders of Existing Credit Facility Obligations are released, the provisions regarding security described above will no longer apply.
The Indenture requires that Holders of the Notes be granted a lien equally and ratably with any lien granted on additional assets to secure the holders of Existing Credit Facility Obligations subsequent to the Issue Date.
The agreements in this subsection 9.11 shall survive the resignation and/or replacement of the Administrative Agent, and assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all other Senior Credit Facility Obligations.