Domestic Credit Facility definition

Domestic Credit Facility means the Company's domestic credit facility with North Mill Capital LLC ("NMC") or any successor lender. For example if availability under the Domestic Credit Facility is $750,000 at any time after September 1, 2020, SPAR will immediately pay the unpaid 2019 Bonuses to all 2019 Plan Employees in an amount equal to $250,000.
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Domestic Credit Facility means the credit facility extended by Lenders to the Domestic Borrowers pursuant to a Credit Agreement of even date herewith by and among Bank of America as Administrative Agent, Lenders and Domestic Borrowers in the amount of the Domestic Credit Facility Aggregate Commitments, as amended, modified, substituted, extended, and renewed from time to time.
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Domestic Credit Facility means the credit facility extended to the Borrower pursuant to the Domestic Credit Agreement.
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Examples of Domestic Credit Facility in a sentence

  • The maturity date for the Domestic Credit Facility was June 15, 2016.

  • The Domestic Credit Facility was secured by substantially all of the assets of the Company.

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  • The Borrowing Base under the Domestic Credit Facility is determined based on certain percentages of eligible domestic accounts receivable, eligible domestic inventories and eligible domestic fixed assets, reduced by applicable reserves.

  • Under this amendment, the Revolving Domestic Credit Facility was increased from $6,500,000 to $7,000,000, and the Revolving Export Credit Facility was decreased from $2,500,000 to $2,000,000 to reflect the Company’s current and projected account balances to enhance borrowing availability.

  • In 2012, the interest rate on the Revolving Domestic Credit Facility was floating at Comerica Bank’s Prime plus 0.75%.

  • Upon such notice, each Domestic Lender shall deposit in the applicable Funding Account in Dollars an amount equal to its Pro Rata Share under the Domestic Credit Facility of the amount of such principal amount of Swing Loans outstanding in immediately available funds, not later than 3:00 p.m. (New York time) on the date of such notice.

  • All Swing Loans made under the Domestic Credit Facility shall be made as Floating Rate Loans and shall be available in Dollars.

  • Promptly after receipt of a Notice of Borrowing pursuant to Section 2.01(d) with respect to the Borrowing of Floating Rate Loans under the Domestic Credit Facility, the Swing Loan Bank shall deposit in immediately available funds the amount it intends to fund, if any, in respect of the Domestic Loans requested in such Notice of Borrowing with the Administrative Agent at its office in New York, New York not later than 4:00 p.m. (New York time) on the Funding Date.

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More Definitions of Domestic Credit Facility

Domestic Credit Facility means the “Credit Facility” as defined in the Domestic Agreement.
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Domestic Credit Facility means, collectively, the loans made pursuant to the Domestic Credit Agreement, including (a) a term loan in the aggregate principal amount of $214,337,000.00 and (b) a revolving loan in the aggregate principal amount of $25,000,000.00.
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Domestic Credit Facility means credit facilities available to the Domestic Borrowers pursuant to the Domestic Loan Documents.
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Domestic Credit Facility and "Domestic Credit Facilities" on page 12 of the Credit Agreement are hereby deleted in their entirety and the following are substituted in their places:
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Domestic Credit Facility. MEANS WITH RESPECT TO EACH LENDER, SUCH LENDER'S PRO RATA SHARE OF THE REVOLVING CREDIT FACILITY, THE LETTER OF CREDIT FACILITY, THE TERM LOAN A FACILITY, THE TERM LOAN B FACILITY, THE TERM LOAN C FACILITY, OR THE BOND LETTER OF CREDIT FACILITY, AS THE CASE MAY BE, AND "DOMESTIC CREDIT FACILITIES" MEANS COLLECTIVELY THE REVOLVING CREDIT FACILITY, THE LETTER OF CREDIT FACILITY, THE TERM LOAN A FACILITY, THE TERM LOAN B FACILITY, THE TERM LOAN C FACILITY, AND THE BOND LETTER OF CREDIT FACILITY, AND ANY AND ALL OTHER CREDIT FACILITIES NOW OR HEREAFTER EXTENDED TO THE BORROWER UNDER OR SECURED BY THIS AGREEMENT. The definition of "Euribor Base Rate" on page 2 of the Second Amendment is hereby deleted in its entirety. The definition of "Italian Holding Company" on page 4 of the First Amendment is hereby deleted in its entirety and the following is substituted in its place: "ITALIAN HOLDING COMPANY" MEANS CBP HOLDINGS, S.R.L. (FORMERLY CAPSOL-BXXXX PLASTICS S.R.L.), A COMPANY DULY INCORPORATED AND EXISTING UNDER THE LAWS OF ITALY, AND ITS SUCCESSORS AND ASSIGNS. The definition of "Italian Revolving Credit Facility" on page 3 of the Second Amendment is hereby deleted in its entirety and the following is substituted in its place: "ITALIAN REVOLVING CREDIT FACILITY" MEANS THE REVOLVING CREDIT FACILITIES AND/OR OVERDRAFT FACILITIES ESTABLISHED BY BANK OF AMERICA ITALY IN ACCORDANCE WITH THE TERMS OF THE ITALIAN CREDIT AGREEMENTS. The definition of "Italian Obligations" on page 3 of the Second Amendment is hereby deleted in its entirety and the following is substituted in its place:
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Domestic Credit Facility means with respect to each Lender, such Lender's Pro Rata Share of the Revolving Credit Facility, the Letter of Credit Facility, the Term Loan A Facility, the Term Loan B Facility, or the Bond Letter of Credit Facility, as the case may be, and "Domestic Credit Facilities" means collectively the Revolving Credit Facility, the Letter of Credit Facility, the Term Loan A Facility, the Term Loan B Facility, and the Bond Letter of Credit Facility, and any and all other credit facilities now or hereafter extended to the Borrower under or secured by this Agreement.
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Related to Domestic Credit Facility

  • New Credit Facility is defined in Section 9.8.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank's Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • ABL Credit Facility means the senior secured asset-based revolving loan facility and the term loan facilities made pursuant to the ABL Credit Agreement.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended as of November 14, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as administrative agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of October 26, 2006, by and among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Alternate Credit Facility means any irrevocable direct pay letter of credit, insurance policy or similar credit enhancement or support facility for the benefit of the Trustee, the terms of which Alternate Credit Facility shall in all respects material to the registered owners of the Bonds be the same (except for the term set forth in such Alternate Credit Facility) as those of the Letter of Credit.

  • Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Credit Facility Indebtedness means any and all amounts, whether outstanding on the Issue Date or thereafter Incurred, payable under or in respect of any Credit Facility, including without limitation principal, premium (if any), interest (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating to the Company or any Restricted Subsidiary whether or not a claim for post-filing interest is allowed in such proceedings), fees, charges, expenses, reimbursement obligations, guarantees, other monetary obligations of any nature and all other amounts payable thereunder or in respect thereof.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Principal Credit Facility means any loan agreement, credit agreement, note purchase agreement, indenture or similar document under which credit facilities in the aggregate original principal or commitment amount of at least $20,000,000 are provided for.

  • Credit Facility Obligations means all “Obligations” (or any other defined term having a similar purpose) as defined in the Credit Agreement.