Examples of Existing Term Loan Credit Agreement in a sentence
Borrower shall have entered into an amendment to the Existing Term Loan Credit Agreement which shall be in form and substance satisfactory to the Administrative Agent.
The Administrative Agent shall have received from the Borrower, Administrative Agent, the Required Lenders (as defined in the Existing Term Loan Credit Agreement) and each Revolving Lender either (i) a counterpart of this Agreement signed on behalf of such party or (ii) written evidence reasonably satisfactory to the Administrative Agent (which may include electronic transmission of a signed signature page to this Agreement) that such party has signed a counterpart of this Agreement.
The Borrower shall use the proceeds of the Term Loan to refinance all Indebtedness under the Existing Term Loan Credit Agreement.
The parties hereto agree that, on the Closing Date, the following shall be deemed to occur automatically, without further action by any party hereto: (a) the Existing Term Loan Credit Agreement shall be deemed to be amended and restated in its entirety pursuant to this Agreement; and (b) all references in the other Loan Documents to the Existing Term Loan Credit Agreement shall be deemed to refer without further amendment to this Agreement.
The execution, delivery and performance of the Loan Documents do not contravene any provision of the SCE Indenture or the Existing Term Loan Credit Agreement.