Existing RCF Agreement definition

Existing RCF Agreement means the US$2,294,600,000 revolving credit facility agreement dated 18 May 2015 between, among others, the Company as borrower, the Existing RCF Lenders, and Madison Pacific Trust Limited as agent and swingline agent, as amended pursuant to amendment letters dated 2 August 2017 and 19 December 2017, and as further supplemented, amended and restated from time to time.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Existing RCF Agreement means the USD2,294,600,000 revolving credit facility agreement dated 18 May 2015 between, among others, the Company as borrower, the Existing RCF Lenders and Madison Pacific Trust Limited as agent and swingline agent, as amended pursuant to an amendment letter dated 2 August 2017.

Existing RCF Agreement has the meaning set forth in the second WHEREAS clause of this Agreement.

Examples of Existing RCF Agreement in a sentence

In the event of any inconsistency or conflict between the terms of this Schedule and the terms of the Existing RCF Agreement, the terms of this Schedule will prevail.
Provided that the Company is in compliance with the restrictions set out in this Schedule, each Consenting Creditor that is an Existing RCF Lender agrees that, during the Restructuring Period, it will not object to withdrawals from the Non-Conflicted Account as provided for in Paragraph 1.11 (Non-Conflicted Account) pursuant to sup-paragraphs (iv)(B)(2)(z), (vii)(B)(2)(z) and (xv)(II)(2)(z) of clause 23.5(b) of the Existing RCF Agreement.
Upon written confirmation by the Administrative Agent, the financial covenants under sub-clauses (a) and (b) above shall automatically be amended to match the financial covenants under the Existing RCF Agreement as amended, supplemented, replaced or refinanced (and the Borrower hereby agrees, promptly upon request of the Administrative Agent, to execute such agreements and documents to effectuate such amendments to this Agreement).
The Borrower shall use the proceeds of all Loans to (i) refinance a portion of the Indebtedness under the Existing RCF Agreement, (ii) finance its working capital and general corporate purposes and (iii) pay fees and expenses related to this Agreement and the Transactions and the closing of the Transactions.
Vitol entered into Amendment No. 16 to the Existing Term Loan Agreement, dated as of the date hereof, the Existing RCF Agreement, and the SOA and Storage Services Agreement in reliance upon the agreements set forth in this Agreement which, among other matters, grant priority to the RCF Obligations as Senior Obligations and the RCF Liens as Senior Liens as described below.

More Definitions of Existing RCF Agreement

Existing RCF Agreement has the meaning given to it in paragraph (2) of the introduction.

Existing RCF Agreement means US$2,294,600,000 revolving credit facility agreement dated 18 May 2015 between, among others, the Company as borrower, the Existing RCF Lenders, and the Existing RCF Agent as amended pursuant to amendment letters dated 2 August 2017 and 19 December 2017, and as further supplemented, amended and restated from time to time.

Existing RCF Agreement means the £75,000,000 revolving facilities agreement dated January 29, 2010, and made between, among others, MUL and ▇.▇. ▇▇▇▇▇▇ Europe Limited acting as agent and security trustee.

Existing RCF Agreement means that certain credit agreement, dated as of November 8, 2013, as amended as of the Closing Date, by and among the Borrower, as borrower, Toronto Dominion (Texas) LLC, as the administrative agent, and the lenders from time to time party thereto, 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 (whether upon or after termination or otherwise), supplemented or refinanced (including by means of sales of debt securities to institutional investors) in whole or in part from time to time.

Existing RCF Agreement means the six hundred million Dollar ($600,000,000) revolving credit facility agreement dated 15 January 2002, as amended, supplemented and restated from time to time and made between (amongst others) certain of the parties hereto;

Existing RCF Agreement means the Credit Agreement dated as of February 28, 2013 between the Borrower (f.k.