Examples of Existing Credit Parties in a sentence
Each of the Credit Parties (that is not one of the Existing Credit Parties) hereby joins in and assumes all obligations and liabilities of Existing Credit Parties (or any of them) arising under or in connection with the Existing Loan Documents and agrees to be jointly and severally liable with Existing Credit Parties for all such obligations and liabilities irrespective of when such obligations and liabilities first arose or accrued.
The amendments contained herein shall not, in any manner, be construed to constitute payment of, or impair, limit, cancel or extinguish, or constitute a novation in respect of, the Obligations of the Existing Credit Parties evidenced by or arising under the Agreement and the other Credit Documents.
The Existing Credit Parties shall have paid all fees, costs , expenses and taxes payable to the Agent and the Lenders on the Amendment Effective Date by the Credit Parties pursuant to Section 11.2 of the Term Loan Agreement and the Revolving Credit Agent shall have consented to the payment of such fees, costs, expenses and taxes payable to the Agent and the Lenders.
Until their arrival in Eretz Yisrael, they continued the original practice to marry more than one wife.9Conversations Element #2: Maintaining Traditions There is a distinct advantage to the ultra-conservative bent of Yemenite Jews.
By its signature below, New Credit Party joins itself and becomes party to each applicable Other Document to which the Existing Credit Parties are party, as a [Borrower and a] Credit Party thereunder, in each case with the same force and effect as if originally named therein as a party thereto, and New Credit Party hereby agrees to all of the terms and provisions of such Other Documents applicable to it as a party thereto.
Obligations under the Existing Credit Agreement are guaranteed by Holdings and certain Non-Debtor Affiliates (collectively, the “Existing Credit Parties”) and are secured by a lien on substantially all of the assets of the Existing Credit Parties, subject to certain exceptions.
The Existing Credit Parties shall have paid all fees, costs, expenses and taxes payable to the Agent and the Lenders on the Amendment Effective Date by the Credit Parties pursuant to Section 11.2 of the Term Loan Agreement and the Revolving Credit Agent shall have consented to the payment of such fees, costs, expenses and taxes payable to the Agent and the Lenders.
The Existing Credit Parties and the Bank are parties to a Standby Letter of Credit Agreement, dated as of December 23, 2014 (as amended, supplemented, restated or otherwise modified prior to the date hereof, the “Agreement”), pursuant to which the Bank, in its sole discretion, may from time to time issue one or more standby letters of credit for the account of the Existing Applicants.