Existing Bank Credit Agreement definition

Existing Bank Credit Agreement has the meaning set forth in the first preliminary statement hereto.
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Existing Bank Credit Agreement means that certain Bank Credit Agreement dated as of March 31, 2006 among FME, FMCH and certain of their subsidiaries and affiliates, as borrowers, certain subsidiaries and affiliates of FME, as guarantors, the lenders party thereto and Bank of America, N.A., as agent, as the same has been amended or modified from time to time, as in effect on the Closing Date immediately prior to the effectiveness of this Credit Agreement.
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Existing Bank Credit Agreement means that certain Loan Agreement dated as of September 9, 1999, among the Borrower, Bank One, NA, as Agent, and the other lenders party thereto, as amended.
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Examples of Existing Bank Credit Agreement in a sentence

  • Any “Revolving Letters of Credit” outstanding under the Existing Bank Credit Agreement on the Amendment and Restatement Effective Date shall remain outstanding as Revolving Letters of Credit hereunder.

  • Subject to the terms and conditions set forth herein, on the Amendment and Restatement Effective Date any “Term Loan” outstanding under the Existing Bank Credit Agreement shall be continued as an Initial Term Loan hereunder.

  • Evidence of repayment of the loans and obligations owing by FME, FMCH and the other Borrowers and Guarantors under the Existing Bank Credit Agreement and the Existing Term Loan Credit Agreement, and, in each case, termination of the commitments thereunder and release of the security interests relating thereto.

  • As of the Amendment and Restatement Effective Date, the Existing Bank Credit Agreement is hereby amended and restated as set forth in Annex A hereto.

  • The Company and other borrowers under the Existing Bank Credit Agreement anticipate entering into a Credit Agreement on June 30, 1998 (the "New Bank Credit Agreement") with BankBoston, N.A., as Documentation Agent, borrowings under which will be used, among other things, to discharge all outstanding obligations under the Existing Bank Credit Agreement.

  • Reference is also made to the Bank Credit Agreement as in effect before giving effect to the New Bank Credit Agreement (the "Existing Bank Credit Agreement").

  • Change of Control: In the event of a Change of Control (to be defined, but no more restrictive than as set forth in the Existing Bank Credit Agreement), each Bridge Lender will have the right to require Silgan, and Silgan must offer, to prepay the outstanding principal amount of the Senior Bridge Loans at a price equal to 101% of the principal amount thereof, plus accrued and unpaid interest thereon to the date of prepayment.

  • Additionally, dividend payments by Pueblo to the Company are restricted under the terms of the Existing Bank Credit Agreement.

  • Your responsibilities as a client are to:• provide me with a clear picture of your goals and objectives – initially and as your thinking and lifestyle evolves;• provide me with relevant financial information about you and your family;• act on my recommendations; and• provide me with information on any major changes in your life as they occur, and be willing to make adjustments to the original plan based on these changes.

  • In connection with the Refinancing Plan, the Company and Pueblo are entering into the New Bank Credit Agreement which will provide for a $65.0 million revolving credit facility and less restrictive covenants compared to the Existing Bank Credit Agreement.


More Definitions of Existing Bank Credit Agreement

Existing Bank Credit Agreement. Collectively, the Amended and Restated Credit Agreement dated as of December 31, 1995 entered into by and between BLC and Huntington, together with all extensions, renewals, amendments, substitutions and replacements thereto and thereof and the loan from Huntington to Borrower, evidenced by a Promissory Note dated August 25, 1997 in the principal amount of $1,233,030, together with all extensions, renewals, substitutions and replacements thereto and thereof.
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Existing Bank Credit Agreement means that certain Second Amended and Restated Credit Agreement, dated as of August 23, 2022, among the Company, as a borrower, Allied B.V., as a borrower, the lenders party thereto, HSBC Bank USA, National Association, as administrative agent and L/C Issuer, and HSBC Bank USA, National Association, KeyBank National Association, Xxxxx Fargo Bank, National Association and JPMorgan Chase Bank, N.A., as Joint Lead Arrangers.
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Existing Bank Credit Agreement. The Credit Agreement dated as of July 24, 1997 entered into by and between CSI and American National Bank, together with all extensions, renewals, amendments, substitutions and replacements thereto and thereof.
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Existing Bank Credit Agreement means the Credit Agreement dated as of January 31, 2005 among the Company, Standard Federal Bank, N.A. (now known as LaSalle Bank Midwest National Association), as administrative agent, and each of the Existing Bank Credit Agreement Lenders, as amended by the Waiver and Omnibus Amendment Agreement and as otherwise amended as permitted hereunder and by the Waiver and Omnibus Amendment Agreement.
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Existing Bank Credit Agreement means that certain Credit Agreement, dated as of December 31, 2003, among Capital Environmental Resource, Inc., the Corporation, Lehman Brothers Inc., as sole lead arranger and sole bookrunner, CIBC Inc., as Syndication Agent and Lehman Commercial Paper Inc., as Administrative Agent.
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Existing Bank Credit Agreement shall have the meaning set forth in the definition of Existing Credit Facilities.
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Related to Existing Bank Credit Agreement

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and 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.

  • Term Credit Agreement shall have the meaning assigned to that term in the recitals to this Agreement and shall include any one or more other agreements, indentures or facilities extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, trustee, lender, group of lenders, creditor or group of creditors and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Bridge Credit Agreement means the credit agreement (if any) dated as of the Closing Date among the Parent, Bank of America, as administrative agent, and the lenders party thereto on terms specified in the Commitment Letter and otherwise on terms reasonably satisfactory to the Required Lenders, the proceeds of which are applied to finance a portion of the Sealy Acquisition and the Refinancing and to pay the Transaction Costs.

  • 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.

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • 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.

  • Credit Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.

  • Existing Credit Agreement as defined in the recitals hereto.

  • DIP Credit Agreement means that certain senior secured superpriority debtor-in-possession credit agreement, dated September 25, 2020, as amended, supplemented, amended and restated, supplemented or modified from time to time, by and among the Debtors, the DIP Agent, and the DIP Lenders, as approved by the DIP Order.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Credit Agreement Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • Exit Facility Credit Agreement means the credit agreement, 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 Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).