Existing BAs definition

Existing BAs means those Bankers' Acceptances previously accepted by the Lenders at the request of a Borrower pursuant to the Prior Credit Agreement and outstanding as at the Effective Date.
Existing BAs means the Bankers’ Acceptances described in Schedule J;

Examples of Existing BAs in a sentence

  • The Canadian Lenders and the Canadian Borrower acknowledge that the Canadian Borrower has obligations in the principal sum of C$15,000,000 in connection with the Existing BAs. The Existing BAs will be deemed to be outstanding as Bankers’ Acceptances under this Agreement, will reduce the availability under this Agreement by the principal amount thereof outstanding at any time and will otherwise be subject to the terms and conditions of this Agreement.

  • At the Effective Time, each outstanding Advance (other than Existing LCs and Existing BAs) shall be deemed to be outstanding as an Advance hereunder and each Lender agrees to make such adjustments thereto as may be required in order to reflect the new Rateable Partners under the Revolving Facility (as determined by the Agent in accordance with its customary practice).

  • The Borrower, the Administrative Agent and the Lenders acknowledge and agree that the Existing BA's shall be deemed to be Advances made or issued, respectively, and outstanding under the Syndicated Facility from and after the Closing Date and that the Existing Hedging Agreements shall be considered to be Permitted Xxxxxx for the purposes of this Agreement.

  • The Borrowers, Agent and Lenders hereby acknowledge that the Existing BAs may be outstanding on the Effective Date.

  • Notwithstanding any provision hereof or in any other Credit Document to the contrary, it is acknowledged and agreed that all rights and interests of the Lenders in respect of, and any obligation of the Borrowers (or any of them) to pay or reimburse the Lenders in respect of, the Existing BAs are solely a risk and for the account of the Lenders based upon their respective Proportionate Shares as in effect prior to and without regard to the increases Commitments contemplated by this Agreement.

  • EXISTING BA's and EXISTING HEDGING AGREEMENTS Existing BA's: EnerMark Inc.

  • The Existing B/As are deemed to constitute Loans by way of B/As issued and outstanding under the Credit Facility for all purposes of this Agreement.

  • The Canadian Borrower undertakes to repay the holders of the Existing BAs in full the amounts outstanding in connection with the Existing BAs on the applicable maturity dates, which repayment the Canadian Borrower may make from the proceeds of a Canadian Loan obtained by it in accordance with the terms of this Agreement.

  • The parties hereto acknowledge and confirm that (i) the B/A Maturity Dates, with respect to Existing B/As, remain un- amended under this Agreement, and (ii) notwithstanding that each Lender’s Commitment under this Agreement may not equal its Commitment under the Original Credit Agreement prior to the Effective Date, each Lender’s pro rata share of Existing B/As under this Agreement shall remain identical to such pro rata share until the B/A Maturity Dates with respect to such Existing B/As expire.

  • This Agreement constitutes the entire agreement between the Shareholder and the Company relative to the subject matter hereof and thereof.


More Definitions of Existing BAs

Existing BAs means those Bankers' Acceptances and Notional Bankers Acceptances previously accepted by the Lenders at the request of PEDC or POT pursuant to the Original Credit Agreement, as summarized and set forth in Schedule K.
Existing BAs has the meaning attributed thereto in Section 16.1(b);
Existing BAs means the bankers acceptances issued by the Lenders under the Existing Credit Agreement as described in Schedule 1.1(43), and shall be deemed to include the Assigned B/As.
Existing BAs means those Bankers' Acceptances previously accepted by an Existing Lender at the request of the Borrower pursuant to the Existing Syndicated Facility which remain outstanding on the Closing Date, as described in Schedule "M".
Existing BAs means the BAs existing on the Closing Date issued under the Rangeland Credit Facility listed on the schedule to Exhibit I attached hereto.

Related to Existing BAs

  • Existing bank means a savings bank, national banking association, or state chartered bank engaged in the business of banking prior to the consolidation under this section.

  • Existing Equipment means equipment, machines, devices or installations that are in operation prior to September 23, 1970.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

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

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Existing Credit Agreements has the meaning set forth in the recitals hereto.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Existing Note means a Note (as defined in the Existing Credit Agreement) that is issued and outstanding immediately prior to the effectiveness of this Agreement.

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

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Existing Credit Agreement as defined in the recitals hereto.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Existing Debt means Debt of each Loan Party and its Subsidiaries outstanding immediately before the occurrence of the Effective Date.

  • Existing Mortgages means each of the mortgages, deeds of trust or other agreements made pursuant to the Existing Credit Agreement by any Loan Party in favor of the Agent for the benefit of the Agent and the Lenders.

  • Existing grade means the grade prior to grading.

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • New Lenders has the meaning set forth in Section 2.16(c).

  • 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.

  • Existing Credit Facilities means, collectively, the Existing U.S. Credit Facilities and the Existing Foreign Credit Facility.

  • Existing Plan means the Amended and Restated Novatel Wireless, Inc. 2000 Stock Incentive Plan.

  • Existing Agreement has the meaning set forth in the recitals hereto.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.