Existing Restated Credit Agreement definition

Existing Restated Credit Agreement means that certain Amended and Restated Term Loan Credit Agreement, dated as of the First Restatement Date, among Borrower, the lenders party thereto, and the Administrative Agent, as amended by the First Amendment to Loan Documents, dated as of the First Amendment Effective Date.

Existing Restated Credit Agreement means the Second Amended and Restated Credit Agreement, dated as of November 6, 2020, by and among the Borrower, certain other Credit Parties party thereto, the lenders party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent and collateral agent, as amended, restated, amended and restated, supplemented or otherwise modified from time to time prior to the Amendment No. 4 Effective Date.

Existing Restated Credit Agreement means that certain Amended and Restated Term Loan Credit Agreement, dated as of the First Restatement Date, among Borrower, the lenders party thereto, and the Administrative Agent.

Examples of Existing Restated Credit Agreement in a sentence

• All indebtedness, obligations and Liens created by the Existing Restated Credit Agreement and the other Loan Documents referred to therein that remain outstanding on the Second Restatement Date remain outstanding and in effect and are continued by this Agreement and the other Loan Documents with such modifications as are set forth herein and therein.

• The parties agree that the “Issuer Acknowledgment” referred to in the Existing Restated Credit Agreement shall have no further force or effect on and after the Second Restatement Date.

• This Agreement amends and restates the Existing Restated Credit Agreement.

• Borrower, Lenders and Administrative Agent have agreed to amend and restate the Existing Restated Credit Agreement pursuant to the Second Amended and Restated Term Loan Credit Agreement of even date herewith, by and among Borrower, Lenders and Administrative Agent (as such may be amended, amended and restated, modified, supplemented or restated from time to time, the “Credit Agreement”), which will evidence the loans made by the Lender Parties prior to the date hereof.

• The initial Borrowing under the Existing Restated Credit Agreement was subject to the satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent, and each defined term in this Section 6 shall have its respective meaning provided in the Existing Restated Credit Agreement.

• The Existing Restated Credit Agreement was given as a substitution of, and not as a payment of, the obligations of the Credit Parties under the Existing Term Loan Facility and was not intended to constitute a novation of the Existing Term Loan Facility.

• Agreement iswas subject to the satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent, and each defined term in this Section 6 shall have its respective meaning provided in the Existing Restated Credit Agreement.

• Effective on the First Amendment Effective Date, each Tranche A Term Loan outstanding under the Existing Restated Credit Agreement shall either be maintained hereunder as a Tranche A Existing Term Loan or converted to a Tranche A Extended Term Loan, in each case in amounts for each relevant Term Lender as specified on Annex A hereto.

• Upon the effectiveness of the Existing Restated Credit Agreement, each Credit Document that was in effect immediately prior to the Closing Date shall continue to be effective on its terms unless otherwise expressly stated herein.

• Upon the effectiveness of thisthe Existing Restated Credit Agreement, each Credit Document that was in effect immediately prior to the date of this AgreementClosing Date shall continue to be effective on its terms unless otherwise expressly stated herein.

More Definitions of Existing Restated Credit Agreement

Existing Restated Credit Agreement means the Amended and Restated Credit Agreement dated as of March 19, 2007, among FCX, PTFI, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, issuing bank, security agent, JAA security agent and documentation agent and U.S. Bank National Association, as FI trustee, and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as syndication agent, which amexxxx xxd restated the Exxxxxxg Cxxxxx Agreement.

Existing Restated Credit Agreement means the Existing Credit Agreement as amended and restated as of the Effective Date.

Existing Restated Credit Agreement this Agreement as in effect immediately prior to the First Amendment Effective Date.