Existing Credit Agreement definition

Existing Credit Agreement as defined in the recitals hereto.

Existing Credit Agreement has the meaning specified in the recitals to this Agreement.

Existing Credit Agreement has the meaning specified in the Preliminary Statements.

Examples of Existing Credit Agreement in a sentence

• The Administrative Agent (or its counsel) shall have received a duly executed (i) Notice of Borrowing with respect to the 2024 Refinancing Term Loans to be funded on the Amendment Effective Date and (ii) a notice of prepayment meeting the requirements of Section 5.1 to the Existing Credit Agreement (the “Prepayment Notice”) with respect to the Existing Term Loans.

• The letters of credit listed in SCHEDULE 3.1(a) issued by Issuing Banks under the Existing Credit Agreement shall be Letters of Credit under this Agreement.

• Neither the execution, delivery, performance or effectiveness of this Amendment nor the modification of the Existing Credit Agreement effected pursuant hereto impairs the validity, effectiveness or priority of the Liens granted pursuant to any Credit Document, and such Liens continue unimpaired with the same priority to secure repayment of all Obligations, whether heretofore or hereafter incurred.

• Upon the Effective Date, this Agreement shall supersede the Existing Credit Agreement in its entirety; PROVIDED, HOWEVER, that the Borrower hereby confirms and agrees that the Obligations under this Agreement shall be evidenced by the Notes executed as of the Original Closing Date and the Borrower further agrees to execute replacement Note(s) after its name change to "Waste Management, Inc." if requested by any Bank.

• The Banks hereby waive any Event of Default which occurred or may have occurred under the Existing Credit Agreement as a result of the naming of eight (8) new board members during the twelve (12) months prior to the Effective Date or changes as a result of the WMI Merger.

More Definitions of Existing Credit Agreement

Existing Credit Agreement has the meaning assigned to such term in the recitals hereto.

Existing Credit Agreement has the meaning assigned to such term in the preamble to this Agreement.

Existing Credit Agreement is defined in the first recital.

Existing Credit Agreement as defined in the preamble hereto.

Existing Credit Agreement means that certain Credit Agreement, dated as of August 18, 2011, as amended on or prior to the date hereof, among, inter alios, Holdings, the Borrower, the lenders from time to time party thereto, and Royal Bank of Canada, as administrative agent.

Existing Credit Agreement has the meaning set forth in the Recitals.

Existing Credit Agreement means the Borrower’s existing Revolving Credit Agreement, dated as of August 31, 2018, among the Borrower, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent.