Existing Credit definition

Existing Credit has the meaning specified in the Background section hereof.
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Existing Credit. Support" shall be as defined in Section 9.7.
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Existing Credit. FACILITY shall mean collectively all interest, principal, fees and other amounts due and owing by the Borrower and its Significant Subsidiaries under that certain Credit Agreement by and among the Borrower, certain of its Subsidiaries, Xxxxxx Guaranty Trust Company of New York as Documentation and Syndication Agent and PNC Bank, National Association, as Administrative and Syndication Agent, dated July 1, 1997, as amended, providing for a $500,000,000 credit facility. EXPIRATION DATE shall mean, with respect to the Revolving Credit Commitments and Swing Loan Commitment, and as applicable to the Bid Loans, May 31, 2003. FACILITY FEE shall mean the fee referred to in Section 2.3.
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Examples of Existing Credit in a sentence

  • Unless otherwise defined herein or the context otherwise requires, terms used in this Amendment, including its preamble and recitals, have the meanings provided in the Existing Credit Agreement.

  • The execution and delivery of this Agreement shall not constitute a novation of any indebtedness or other obligations owing to the Lenders or the Administrative Agent under the Existing Credit Agreement based on facts or events occurring or existing prior to the execution and delivery of this Agreement.

  • Capitalized terms used herein but not defined herein have the meanings assigned to such terms in the Amendment, the Existing Credit Agreement or the Credit Agreement, as applicable.

  • This Agreement constitutes an amendment and restatement of the Existing Credit Agreement, effective from and after the Closing Date.

  • Except as expressly amended hereby, all of the representations, warranties, terms, covenants, conditions and other provisions of the Existing Credit Agreement and the other Loan Documents shall remain unchanged and shall continue to be, and shall remain, in full force and effect in accordance with their respective terms.

  • This Agreement is not in any way intended to constitute a novation of the obligations and liabilities existing under the Existing Credit Agreement or evidence payment of all or any portion of such obligations and liabilities.

  • Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

  • This Agreement amends and restates in its entirety the Existing Credit Agreement.

  • All references to the Existing Credit Agreement in any Loan Document or other document or instrument delivered in connection therewith shall be deemed to refer to this Agreement and the provisions hereof.

  • This Amendment is a Credit Document executed pursuant to the Existing Credit Agreement and shall (unless otherwise expressly indicated therein) be construed, administered and applied in accordance with the terms and provisions of the Existing Credit Agreement.


More Definitions of Existing Credit

Existing Credit. FACILITY shall mean the Fifth Amended and Restated Credit Agreement, dated as of July 12, 2002, as amended, among the Borrowers, the Parent, the Guarantors, the Existing Agent, the Existing Lenders and Citibank, N.A., as the Issuing Bank. EXISTING LENDERS shall mean the lenders party to the Existing Credit Facility.
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Existing Credit. AGREEMENT shall mean the Credit Agreement dated as of December 16, 1993 among the Borrower and Congress Financial Corporation, as amended, modified or supplemented to and including the Closing Date. EXISTING INDEBTEDNESS shall mean Indebtedness of Holdings, the Borrower and their respective Subsidiaries (other than the Senior Secured Notes and the Holding Co. Notes) outstanding prior to, and to remain outstanding on and after, the Closing Date, and set forth on Schedule III, without giving effect to extensions or renewals thereto, except as expressly provided therein. EXISTING INDEBTEDNESS AGREEMENTS shall have the meaning given to such term in Section 5.1(o)(iii) hereof. EXISTING LIENS shall have the meaning set forth in Section 8.2(d). EXPENSES shall mean all present and future expenses incurred by or on behalf of the Agent in connection with this Credit Agreement, any other Credit Document or otherwise in its capacity as the Agent under this Credit Agreement (including without limitation, all costs related to the syndication efforts with respect to this Credit Agreement), whether incurred heretofore or hereafter, which expenses shall include, without being limited to, the cost of record searches, the reasonable fees and expenses of attorneys and paralegals, all costs and expenses incurred by the Agent in opening bank accounts, depositing checks, electronically or otherwise receiving and transferring funds, and any charges imposed on the Agent due to insufficient funds of deposited checks and the standard fee of the Agent relating thereto, collateral examination fees and expenses, reasonable fees and expenses of accountants, appraisers or other consultants, experts or advisors employed or retained by the Agent, out of pocket syndication fees and expenses, fees and taxes relative to the filing of financing statements, costs of preparing and recording any other Collateral Documents, all expenses, costs and fees set forth in Article 4 of this Credit Agreement, all other fees and expenses required to be paid pursuant to the Fee Letter and all fees and expenses incurred in connection with releasing Collateral and the amendment or termination of any of the Credit Documents. EXPIRATION DATE shall mean May 21, 2002.
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Existing Credit. Agreement shall have the meaning given to such term in the ------------------------- first WHEREAS clause hereof. Existing Indebtedness shall mean all Indebtedness of the Borrower and its --------------------- Subsidiaries outstanding prior to, and to remain outstanding on and after, the Restatement Effective Date, and set forth on Schedule II, without giving effect to extensions or renewals thereto, except as expressly provided therein or permitted hereunder. Existing Indebtedness Agreements shall have the meaning given to such term -------------------------------- in Section 5.1(o) hereof. Existing Lender shall mean a Lender with a Commitment pursuant to the --------------- Existing Credit Agreement.
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Existing Credit means the existing credit facility of Borrower with Silicon Valley Bank, including any and all letters of credit, or confirmation of any letter of credit, issued by Bank of America in connection therewith.
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Existing Credit means each certain Standby Letter of Credit, or other instrument or document titled “Irrevocable Standby Letter of Credit” or “Standby Letter of Credit”, or any instrument or document whatever it is titled or whether or not it is titled
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Related to Existing Credit

  • Existing Credit Facility means that certain Credit Agreement, dated as of December 6, 2012, by and among the Borrower, certain Subsidiaries of the Borrower, the lenders party thereto and Bank of America, N.A. as administrative agent, as amended, restated or otherwise modified from time to time prior to the date hereof.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Existing Credit Facilities means (a) the 364-Day Credit Agreement dated as of February 28, 2012 among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, (b) the Three Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, and (c) the Five Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent.

  • Existing Credit Agreements 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.

  • 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).

  • Existing Credit Documents means (a) the Existing Credit Agreement, (b) the promissory notes made by Borrower thereunder, and (c) all deeds of trust, mortgages, security agreements, and other documents, instruments or agreements executed and delivered in connection therewith by any Restricted Person, or any predecessor in interest to any Restricted Person.

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

  • 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.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • New Credit Facility is defined in Section 9.8.

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

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

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

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

  • 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.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • 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.

  • 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.

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended and restated as of November 12, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Refinancing Commitments shall have the meaning provided in Section 2.14(h).

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

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.