Existing Facilities Agreement definition

Existing Facilities Agreement means that certain Facilities Agreement, as amended, restated, supplemented, or modified from time to time, dated as of January 29, 2015 and amended and restated on September 15, 2015, by and among Seabras 1 Bermuda Ltd., as borrower, the Existing Lenders, the Existing Agent, and the guarantors thereunder.

Existing Facilities Agreement means the NOK 600,000,000 multicurrency term and revolving loan facilities agreement originally dated 29 September 2016 and made between the Issuer and DNB Bank ASA (in various capacities), as amended and/or restated from time to time.

Existing Facilities Agreement means the senior facilities agreement dated July 26, 2012 (as subsequently amended, re-stated and conformed).

Examples of Existing Facilities Agreement in a sentence

• The parties hereto agree that with effect from the Amendment Effective Date, the Existing Facilities Agreement shall be supplemented and amended and restated by this Agreement so that it shall then be in effect in the form set out at Schedule 3 (Amended and Restated Facilities Agreement) to this Agreement.

• The Revised Facilities Agreement will come into effect, among other conditions, upon the application of the net proceeds of the Rights Issue to reduce the outstanding borrowings under the Existing Facilities Agreement.

• As of the Petition Date, the Debtors’ outstanding funded debt totals approximately $150 million consisting of two facilities under the Existing Facilities Agreement.

• In accordance with Section 11(a) of the Existing Facilities Agreement (as amended by this Amendment), the Borrower shall reimburse the Lender upon demand for all out-of-pocket expenses (including counsel's fees) incurred by the Lender in connection with this Amendment.

• Substantially all of the Debtors’ assets are encumbered to secure the debt under the Existing Facilities Agreement pursuant to that certain Offshore Security Agreement, dated September 15, 2015 (the “Offshore Security Agreement”) and related security documents.

More Definitions of Existing Facilities Agreement

Existing Facilities Agreement has the meaning given to it in recital (A).

Existing Facilities Agreement means the senior credit agreement dated 15 February 2001, as amended and restated on 27 March 2001 and 23 July 2002, between, inter alia, the Parent, Antargaz, the lenders named therein and Deutsche Bank AG London as facility agent and security agent in relation to the Existing Facilities;

Existing Facilities Agreement means the senior facilities agreement dated 2 March 2022 (as amended and/or amended and restated or otherwise modified from time to time) between, among others, the Company and BNP Paribas S.A. as agent and security agent;

Existing Facilities Agreement means the term and revolving facilities agreement originally dated 16 August 2018 entered into between (among others) the Target (as borrower) and National Westminster Bank plc (as agent and security agent) as amended and/or restated from time to time;

Existing Facilities Agreement means the senior facilities agreement dated 26 June 2003, as amended and restated on 2 July 2003 and as amended on 1 August 2003, 15 January 2004 and 18 June 2004 between, inter alia, the Parent, Antargaz, the lenders named therein and Calyon as facility agent and security agent in relation to the Existing Facilities;

Existing Facilities Agreement means the $449 million credit facilities agreement dated May 24, 2013, (as increased to $531.5 million pursuant to certain lender accordion accession agreements), among, inter alios, the Issuer as Obligor, the Company and Puma Energy Group Pte. Ltd. each as Guarantor, Puma Corporation S.à r.l. as the Original Borrower, Natixis as the Facility Agent therein and the Original Lenders named therein, as amended, restated, modified, renewed, refunded, replaced, restructures, refinanced, repaid, increased or extended in whole or in part from time.

Existing Facilities Agreement means the senior facilities agreement dated