Existing Senior Credit Agreement definition

Existing Senior Credit Agreement has the meaning set forth in the first recital paragraph at the head of this Agreement.

Existing Senior Credit Agreement has the meaning set forth in the recitals hereto.

Existing Senior Credit Agreement means that certain term and revolving credit agreement, dated as of January 3, 2007, among Holdings and the Borrower and the guarantors party thereto, Credit Suisse, as administrative agent and collateral agent thereunder, and the other financial institutions party thereto as lenders (as it may be amended, supplemented or otherwise modified from time to time, including the forbearance agreement dated December 12, 2007 relating thereto).

Examples of Existing Senior Credit Agreement in a sentence

• Substantially similar to those set forth in the Existing Senior Credit Agreement.

• The Borrower, the Agents and the Lenders have agreed that this Agreement is an amendment and restatement of the Existing Senior Credit Agreement in its entirety and the terms and provisions hereof supersede the terms and provisions thereof, and this Agreement is not a new or substitute credit agreement or novation of the Existing Senior Credit Agreement.

• If (a) any amounts are held on deposit with any Existing Senior Secured Party as cash collateral for any Senior Secured Obligation in respect of Letters of Credit (as defined in the Existing Senior Credit Agreement), (b) such Letter of Credit has been cancelled or otherwise terminated and (c) any Event of Default exists, then any such funds shall be distributed to the Existing Senior Administrative Agent.

• A twenty-four hour period, as referred to in this rule, shall be considered as commencing for the individual employe at the time he started to work on the last shift on which his basic day was paid for at the pro rata rate.

• On or prior to the Closing Date, any and all loans, accrued interest and fees and other amounts owing under the Existing Senior Credit Agreement shall be paid and the commitments (other than those continuing hereunder) shall be terminated.

More Definitions of Existing Senior Credit Agreement

Existing Senior Credit Agreement means the Credit Agreement, dated as of September 30, 1996, among the Borrower, the banks and other financial institutions party thereto, CIBC, as Documentation Agent, and First Union, as Administrative Agent, as amended.

Existing Senior Credit Agreement means that certain ABL Credit Agreement, dated as of October 18, 2011, among Borrower, each Former Borrower the lenders party thereto, Bank of America, N.A., as administrative agent thereunder, and the other parties thereto (as amended, modified or supplemented prior to the date hereof).

Existing Senior Credit Agreement means that certain ABL Credit Agreement, dated as of June 15, 2007, among International Truck and Engine Corporation, IC Corporation, IC of Oklahoma, LLC, SST Truck Company LP and International Diesel of Alabama, LLC, the lenders thereto, Credit Suisse, as administrative agent, Bank of America, N.A., as collateral agent, Banc of America Securities LLC and JPMorgan Chase Bank, N.A., as co-syndication agents, General Electric Capital Corporation and Wachovia Capital Finance Corporation (Central), as co-documentation agents, Credit Suisse Securities (USA) LLC, Banc of America Securities LLC and X.X. Xxxxxx Securities Inc. as joint lead bookrunners, and Credit Suisse Securities (USA) LLC and Banc of America Securities LLC, as joint lead arrangers (as amended, modified or supplemented prior to the date hereof).

Existing Senior Credit Agreement means the Senior Credit Agreement dated as of November 10, 2004, among the Loan Parties (other than Holdings and the Additional Intermediate Holding Companies), the lenders party thereto, Bank of America, N.A., as Senior Administrative Agent, JPMorgan Chase Bank and Wachovia Bank, N.A., as Senior Syndication Agents, CIBC World Markets Corp. and Merrill, Lynch, Xxxxxx, Xxxxxx & Xxxxx Incorporated, as Senior Documentation Agents, and Banc of America Securities LLC and X.X. Xxxxxx Securities Inc., as Senior Joint Lead Arrangers and Joint Book Managers.

Existing Senior Credit Agreement means the Second Amended and Restated Credit Agreement made on or as of the date hereof providing for an $80,000,000 revolving credit facility in favour of the Borrower and Maxxcom US by the Existing Senior Lenders, as it may be amended, supplemented or restated from time to time in accordance with the Intercreditor Agreement;

Existing Senior Credit Agreement means the facility agreement dated 15 July 1999, as last amended by an amendment agreement dated 27 August 2002, entered into between, INTER ALIA, Friedrich Grohe and Grohe Xxxxxxxxxxxx xnd Dresdner Bank Luxembourg S.A. as facility agent and Dresdner Bank AG as lead arranger and Bayerische Hypo- und Vereinsbank AG as co-arranger, as amended and novated.

Existing Senior Credit Agreement has the meaning set forth in the recitals hereto. “Existing Senior Credit Documents” means the “Credit Documents” under the Existing Senior Credit Agreement.