Existing Borrower Credit Agreement definition

Existing Borrower Credit Agreement means the First Lien Credit Agreement, dated as of November 3, 2014 (as amended, amended and restated, supplemented or otherwise modified from time to time), among Holdings, Borrower, the other guarantors party thereto from time to time, Jefferies Finance LLC, as administrative agent and collateral agent, and the lenders and other parties party thereto from time to time.

Existing Borrower Credit Agreement means that certain Credit Agreement dated as of April 9, 2007 among the Borrower, The Bank of Nova Scotia, as agent, and a syndicate of lenders.

Existing Borrower Credit Agreement means that certain Credit Agreement, dated as of February 28, 2006 (as amended, restated, modified or supplemented prior to the date hereof, and together with all annexes, exhibits and schedules thereto), by and among the Borrower, Xxxxxx Commercial Paper Inc., as administrative agent, and a syndicate of lenders.

Examples of Existing Borrower Credit Agreement in a sentence

• The Borrower shall use the proceeds of the Extensions of Credit to refinance the Existing Borrower Credit Agreement and for working capital and general corporate purposes of the Borrower and its Subsidiaries, including, without limitation, Permitted Acquisitions and fees and expenses in connection therewith, stock repurchases, dividends, and Capital Expenditures and may use such proceeds for the payment of certain fees and expenses incurred in connection with the Transactions and this Agreement.

• No Loan Party is in default in any material respect in the performance, observance or fulfillment of any of its obligations contained in (i) the Existing Borrower Credit Agreement, the Existing Notes Documents or, following the issuance of the Senior Subordinated Notes, the Senior Subordinated Notes Documents or (ii) any material agreement to which it is a party, except, in the case of clause (ii), where such default would not reasonably be expected to have a Material Adverse Effect.

• The Administrative Agent shall have received satisfactory evidence that the Indebtedness and other obligations under the Existing Borrower Credit Agreement have been satisfied or will be satisfied with the proceeds of the initial Extensions of Credit, that the commitments thereunder have been terminated and that all Liens securing the Existing Borrower Credit Agreement, and all guarantees in respect thereof, have been terminated and released.

• After giving effect to the Transactions and the other transactions contemplated hereby, Holdings, the Borrower and the Subsidiaries shall not have any outstanding Indebtedness or preferred stock other than (a) the Indebtedness under this Agreement, (b) Indebtedness under the Existing Borrower Credit Agreement in an aggregate principal amount not to exceed $530,000,000, (c) the Existing Notes in an aggregate principal amount not to exceed $1,000,000,000 and (d) Indebtedness set forth on Schedule 1.01(d).

• Use the proceeds of the Credit Extensions (a) to fund a portion of the cash consideration for the Merger and fees and expenses related thereto, (b) to repay Indebtedness under the Existing Borrower Credit Agreement and the Existing Acquired Company Credit Agreement, and (c) for working capital, acquisitions and other general corporate purposes, in each case so long as such use of proceeds is not in contravention of any Law or of any Loan Document.

More Definitions of Existing Borrower Credit Agreement

Existing Borrower Credit Agreement means the Credit Agreement, dated as of February 11, 1997, among the Borrower, the financial institutions from time to time party thereto and Bank of America, as Agent, as in effect on the Effective Date.

Existing Borrower Credit Agreement means that certain Second Amended and Restated Loan and Security Agreement dated as of June 28, 2005 among the Borrower, the Subsidiaries named therein and CIT Healthcare LLC (as successor in interest to Healthcare Business Credit Corporation).

Existing Borrower Credit Agreement means the $225,000,000 Credit Agreement dated as of December 1, 1997 among the Borrower, Texas Commerce Bank National Association, as administrative agent, Bank of America National Trust and Savings Association, as documentation agent, The Chase Manhattan Bank, as auction agent, and the other banks from time to time party thereto.

Existing Borrower Credit Agreement shall have the meaning provided in the recitals to this Agreement.

Existing Borrower Credit Agreement means the Amended and Restated Credit Agreement dated as of August 19, 2004, as amended, supplemented or otherwise modified from time to time, among Parent, the Borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent.

Existing Borrower Credit Agreement means the Credit Agreement dated as of April 29, 2014, among the Borrower, the lenders party thereto and Wells Fargo, as administrative agent.

Existing Borrower Credit Agreement the Credit Agreement, dated as of August 29, 2003, among the Borrower, Bank of America, N.A., as administrative agent, and the other parties thereto.