Existing Company Credit Agreement definition

Existing Company Credit Agreement means that certain Credit Agreement, dated as of August 11, 2017 (as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date), by and among the Company, the lenders party thereto, and Crescent Direct Lending, LLC, as agent.

Existing Company Credit Agreement means the Amended and Restated Credit Agreement dated as of September 7, 2004, as amended, among the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent.

Existing Company Credit Agreement means that certain Fifth Amended and Restated Credit Agreement, dated as of February 22, 2017, among Essendant Co., the Company, the other loan parties party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, as amended, restated, supplemented or otherwise modified from time to time prior to the date of, or otherwise in a manner not prohibited by, this Agreement.

Examples of Existing Company Credit Agreement in a sentence

• The Company shall have repaid, or shall substantially concurrently with the initial Credit Extension repay, all amounts outstanding under the Existing Company Credit Agreement, and all commitments thereunder and liens created in connection therewith shall have been, or shall substantially concurrently with the initial Credit Extension be, terminated and released.

• Assuming the Financing is funded in accordance with the Commitment Letter, Parent and Merger Sub will have sufficient cash on hand on the Closing Date to pay the aggregate Merger Consideration and all other cash amounts payable pursuant to this Agreement, and repay and/or refinance all Indebtedness and other obligations owing as of the Closing Date pursuant to the Existing Company Credit Agreement (the “Refinancing”).

• Notwithstanding the foregoing, with respect to any Receivables under any Government Contract assigned to the agent bank under the Existing Company Credit Agreement, the Company shall obtain an agreement from such agent bank providing for it (i) to transfer on a daily basis to the Concentration Account any proceeds of such Receivables received by it and (ii) to reassign such Receivables to the applicable Loan Party within a reasonable time after the Tender Offer Funding Date.

• The Company may use the proceeds of the Loans and the Letters of Credit (a) to provide all or a portion of the funds necessary to repay in full all of the indebtedness owing by the Company, and replace any letters of credit outstanding under the Existing Company Credit Agreement, (b) to repurchase or redeem securities of the Company, (c) for working capital and other general corporate purposes (including permitted Purchases).

• The Company shall, and shall cause each of its Subsidiaries to, after the receipt of a request from Parent to do so, deliver lien terminations and instruments of discharge (including a customary payoff letter) with respect to the Existing Company Credit Agreement to be delivered at the Closing and give any other notices requested by Parent in order to facilitate repayment of the Existing Company Credit Agreement.

More Definitions of Existing Company Credit Agreement

Existing Company Credit Agreement means that certain Credit Agreement, dated as of August 17, 2021, by and among IEA Energy Services LLC, the guarantors party thereto from time to time, the lenders party thereto from time to time and CIBC Bank USA, as administrative agent and collateral agent;

Existing Company Credit Agreement means the Credit Agreement dated as of June 28, 2005, among the Company, the lenders from time to time party thereto and Bank of America, N.A., as administrative agent.

Existing Company Credit Agreement means that Credit Agreement, dated as of March 7, 2019, among CSS Industries, Inc., as borrower, certain subsidiaries of CSS Industries, Inc., as guarantors, JPMorgan Chase Bank, N.A., as administrative agent and as a lender, and Bank of America, N.A. and KeyBank National Association, as a lender, and the Global Intercompany Note, dated April 4, 2019, referenced in and issued pursuant to the Existing Company Credit Agreement, all as amended, restated, supplemented or otherwise modified from time to time prior to the date of, or otherwise in a manner not prohibited by, this Agreement.

Existing Company Credit Agreement means that certain Credit Agreement, dated as of December 14, 2012, among the Company and the Designated Borrower 2, as the Borrowers, the Parent, as the Parent, certain Subsidiaries of the Parent identified therein, as Guarantors, Deutsche Bank AG New York Branch, as Administrative Agent, Swing Line Lender and L/C Issuer, and the other Lenders party thereto from time to time, as such agreement has been amended, modified and supplemented from time to time prior to the date hereof.

Existing Company Credit Agreement means the Credit Agreement, dated as of June 15, 1995, among the Company, the financial insti- tutions from time to time party thereto and BTCo, as agent.

Existing Company Credit Agreement means that certain Second Amended and Restated Credit Agreement dated as of May 23, 1995 by and among the Company, BofA, as agent, and the financial institutions parties thereto.

Existing Company Credit Agreement means the Credit Agreement dated --------------------------------- as of October 24, 1995 among ITC, the several lenders party thereto and The Chase Manhattan Bank, as successor in interest to Chemical Bank, as amended by Amendment No. 1 to Credit Agreement dated as of January 5, 1996, and by the Second Amendment to Credit Agreement, Master Collateral and Intercreditor Agreement and Note Purchase Agreement dated as of October 30, 1996.