Existing Canadian Credit Agreement definition

Existing Canadian Credit Agreement means the Credit Agreement dated as of June 29, 2012, among the Canadian Borrower, as borrower, the Company, the lenders party thereto and KeyBank National Association, as administrative agent, as amended from time to time prior to the date hereof.
Existing Canadian Credit Agreement has the meaning assigned to such term in the recitals to this Agreement.
Existing Canadian Credit Agreement means the Credit Agreement dated as of October 3, 2005, as amended, among the Company, AmerisourceBergen Canada Corporation, the lenders from time to time party thereto and the Bank of Nova Scotia, as administrative agent.

Examples of Existing Canadian Credit Agreement in a sentence

  • The ATB Financial Debt and all Indebtedness arising under the Existing Canadian Credit Agreement and the Existing U.S. Credit Agreement shall have been repaid in full or shall be repaid in full with the proceeds of the initial Loans, and the Agent shall have received payoff letters or similar agreements which evidence the foregoing.

  • The commitments of the lenders under the Existing Canadian Credit Agreement shall have been terminated, no extensions of credit or interest thereon shall be outstanding or other amounts be due and owing thereunder, and there shall not be outstanding any Existing Canadian Letters of Credit except for those shown on Schedule 2.25(l) hereto.

  • Each Lender that is party to either of such Agreements consents to such termination and prepayment and waives any notice it might be entitled to under Section 2.04 or 2.10, as applicable, of each of the Existing US Long-Term Credit Agreement and the Existing Canadian Credit Agreement to which it is a party in connection with such termination or prepayment.

  • The proceeds of the Canadian Loans shall be used to refinance amounts outstanding, if any, under the Existing Canadian Credit Agreement and for the general partnership purposes and day to day cash management purposes of Canadian Borrower.

  • Each of the Lenders hereby waives any notice it might be entitled to under the Existing Long-Term Revolving Credit Agreement, the Existing Canadian Credit Agreement and, in the circumstances referred to in the immediately preceding sentence, the Existing Short-Term Revolving Credit Agreement in connection with termination of commitments, and prepayment of loans and other amounts, thereunder.

  • Immediately prior to the occurrence of the Effective ---------- Date, no Default or Event of Default (as defined in each of the Existing Credit Agreement and the Existing Canadian Credit Agreement) has occurred and is continuing.

  • The proceeds of Loans shall be used by Borrowers solely to (a) refinance MRC’s Indebtedness under the Existing U.S. Credit Agreement, (b) to refinance the Initial Canadian Borrower’s Indebtedness under the Existing Canadian Credit Agreement and the ATB Financial Debt, (c) to issue Letters of Credit, (d) to finance ongoing working capital needs and (e) for other general corporate purposes of the Borrowers and their Subsidiaries, including to fund permitted distributions.

  • Each Borrower shall use the proceeds of the Credit Extensions for general corporate purposes not in contravention of any Law or of any Loan Document, including without limitation, the refinancing of (a) all existing indebtedness and obligations of the US Borrower under the Existing US Credit Agreement, and (b) all existing indebtedness and obligations of Canadian Borrowers under the Existing Canadian Credit Agreement.

  • The foregoing does not constitute, and shall not be construed as, waiver by the Lenders of any compensation they might be entitled to under Section 8.04(b) of the Existing US Long-Term Revolving Credit Agreement or Section 9.04(b) of the Existing Canadian Credit Agreement, as applicable, as a result of any such prepayment.

  • Immediately prior to, but substantially simultaneously with, the effectiveness of this Agreement, the commitments under each of the Existing Canadian Credit Agreement and the Existing US Long-Term Revolving Credit Agreement will be terminated and any loans outstanding thereunder will be prepaid.


More Definitions of Existing Canadian Credit Agreement

Existing Canadian Credit Agreement as defined in the recitals hereto. ----------------------------------
Existing Canadian Credit Agreement means the Credit ---------------------------------- Agreement dated as of November 19, 1997, by and among Panolam Industries Ltd., as Borrower, the other credit parties signatory thereto, General Electric Capital Canada Inc., as a lender and as agent for the lenders thereunder, and the other entities signatory thereto as lenders, as the same may have been amended or otherwise modified to date.
Existing Canadian Credit Agreement has the meaning assigned thereto in the definition of Transactions.
Existing Canadian Credit Agreement means the Letter Loan Agreement between PHH Vehicle Management Services Inc. (formerly known as PHH Canada Inc.) and The Bank of Nova Scotia, dated August 14, 1990, as amended.

Related to Existing Canadian Credit Agreement

  • 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).

  • 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.

  • 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 Credit Agreement means the Term Credit Agreement and any other agreement 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, lender or group of lenders and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

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

  • Existing Credit Agreement as defined in the recitals hereto.

  • 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.

  • 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.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • 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.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

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

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

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

  • Bank Credit Agreement means the Revolving Credit and Term Loan Agreement, dated as of January 26, 2015, by and among the Company and certain of its Subsidiaries, Bank of America, N.A., as administrative agent, and the 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.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • ABL Credit Agreement as defined in the recitals hereto.

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

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Agreement, dated as of the Closing Date, by and among Revolving Agent, the Credit Parties party thereto, the lenders from time to time party thereto, as amended, restated, supplemented and/or modified to the extent permitted by the terms of the Intercreditor Agreement. ​

  • Credit Agreements means any promissory note, mortgage, loan agreement, indenture or similar instrument or agreement to which the Company or any of its Subsidiaries is or becomes a borrower, as such instruments or agreements may be amended, restated, supplemented or otherwise modified from time to time and including any one or more refinancing or replacements thereof, in whole or in part, with any other debt facility or debt obligation, for as long as the payee or creditor to whom the Company or any of its Subsidiaries owes such obligation is not an Affiliate of the Company.

  • 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.

  • 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.

  • 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.

  • 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.