Existing Secured Credit Agreement definition

Existing Secured Credit Agreement means the 3-Year Credit Agreement dated as of March 25, 2011 among the Account Parties, the lenders party thereto, JPMCB, as administrative agent and The Bank of New York Mellon, as collateral agent, as amended, restated, supplemented or otherwise modified from time to time, including any renewals, extensions or replacements thereof that increase the principal amount thereof as of the Effective Date; provided, however, that to the extent such principal amount exceeds $1,000,000,000 at any time, such excess amount shall not be deemed to be incurred under the Existing Secured Credit Agreement for purposes of Section 7.03 and Section 7.07.

Existing Secured Credit Agreement means that certain credit agreement, dated as of May 24, 2018, among the Company, the several banks and other financial institutions or entities from time to time party thereto, and the administrative agent (as amended, modified and supplemented from time to time prior to the date hereof).

Existing Secured Credit Agreement means the Credit Agreement dated as of December 19, 1997, among the Company, the lenders party thereto, the Global Lead Arrangers, the Administrative Agent and the Documentation Agent.

Examples of Existing Secured Credit Agreement in a sentence

• Evidence reasonably satisfactory to the Administrative Agent of the existence of arrangements for continuation under this Agreement, the Existing Secured Credit Agreement or the Unsecured Credit Agreement of all existing letters of credit issued under the Existing Unsecured Credit Agreement.

• Subject to the terms and conditions hereof, each Syndicated Letter of Credit under (and as defined in) any Existing Secured Credit Agreement which is outstanding on the Effective Date and listed on Schedule VI as a “Syndicated Letter of Credit” shall automatically be deemed continued hereunder by all of the Lenders having Commitments on the Effective Date.

• It is also the intent of the Credit Parties to confirm that all obligations under the applicable “Credit Documents” (as referred to and defined in the Existing Secured Credit Agreement) shall continue in full force and effect as modified or restated by the Credit Documents (as referred to and defined herein) and that, from and after the Restatement Date, all references to the “Credit Agreement” contained in any such existing “Credit Documents” shall be deemed to refer to this Agreement.

• Evidence reasonably satisfactory to the Administrative Agent of the existence of arrangements for continuation under this Agreement, the Existing Secured Credit Agreement or the Secured Credit Agreement of all existing letters of credit issued under the Existing Unsecured Credit Agreement.

• The above-referenced equity interests are subject to Liens granted pursuant to (i) the Existing Secured Credit Agreement and the other Credit Documents referred to therein, and (ii) the Secured Credit Agreement and the other Credit Documents referred to therein.

More Definitions of Existing Secured Credit Agreement

Existing Secured Credit Agreement means the 5-year Secured Credit Agreement dated as of November 22, 2013 among the Borrower, XL Group, XL America, XL Insurance (Bermuda), XL Re, XL Re Europe, XL Insurance, XL Switzerland and XL Life, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and The Bank of New York Mellon, as collateral agent, as amended, restated, supplemented or otherwise modified.

Existing Secured Credit Agreement has the meaning set forth in the Recitals of this Agreement.

Existing Secured Credit Agreement means (i) the 5-year Secured Credit Agreement dated as of November 22, 2013 among XL Group, XLIT, XL America, XL Bermuda, XL Re Europe, XL Insurance, XL Switzerland Ltd, a company limited by shares organized under the laws of Switzerland, and XL Life, each as account parties, XL Group plc, an Irish public limited liability company, XLIT, XL America, XL Bermuda and XL Life, each as guarantors, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent and The Bank of New York Mellon, as collateral agent, as amended, restated, supplemented or otherwise modified prior to the date hereof.

Existing Secured Credit Agreement means the Credit Agreement dated as of April 10, 2001 (as heretofore amended) among the U.S. Borrower, the Parent, the Euro Borrower, the lenders party thereto and Xxxxxx Xxxxxxx, as Administrative Agent.

Existing Secured Credit Agreement means that certain Amended and Restated Revolving Secured Credit and Guaranty Agreement dated as of March 22, 2004, by and among the Borrower, the financial institutions party thereto as “Lenders”, Bank of America, N.A., successor to Fleet National Bank, as Agent, and the other parties thereto.

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

Existing Secured Credit Agreement has the meaning assigned to such term in Section 6.09.