Facility Credit Agreement definition
Examples of Facility Credit Agreement in a sentence
To be satisfactory to the Exit Facility Commitment Parties and the Debtors and set forth in the Exit Facility Credit Agreement.
The Company and each of the Representatives agrees that the Term Loan Credit Agreement, the Revolving Facility Credit Agreement and the Security Documents shall contain the applicable provisions set forth on Annex I hereto (or provisions substantially similar thereto).
In addition, the Administrative Agent shall have received evidence that the “Closing Date” under and as defined in the Revolving Facility Credit Agreement shall have occurred and that the Borrower has received the net cash proceeds from the issuance of at least $455,000,000 in principal amount of the Senior Notes.
The Borrower has requested that, substantially simultaneously with the consummation of the Merger, (i) the Lenders extend credit to the Borrower in accordance with the Revolving Credit Commitments on the Effective Date in an initial aggregate principal amount of up to $175,000,000 pursuant to this Agreement, and (ii) certain other lenders extend credit to the Borrower in the form of a Term Facility in an initial aggregate principal amount of $525,000,000 pursuant to the Term Facility Credit Agreement.
By: Name: Title: Date: ________ __, 20[ ] Reference is made to that certain Term Loan Facility Credit Agreement, dated as of September 8, 2017 (as amended, restated, extended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Gilead Sciences, Inc., a Delaware corporation, as the Borrower, the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent.
This Joinder shall constitute a Credit Document, under and as defined in, each of the ABL Facility Credit Agreement and Term Loan Credit Agreement.
Usual and customary and consistent with the Existing Credit Agreement, provided that each RemainCo L/C Facility Lender shall have consent rights to the subordination of its obligations under the RemainCo L/C Credit Agreement or priming thereof under the L/C Facility Credit Agreement.
Except as set forth in the ABL Facility Credit Agreement, neither the Corporation nor any Restricted Subsidiary is a party to or bound by any collective bargaining agreement.
To the extent that the Borrower makes mandatory prepayments with such Net Proceeds under subsection 2.7(a) of the Five Year Facility Credit Agreement, no mandatory prepayment shall be due under this subsection 2.7(a).
In the event of any conflict or inconsistency between the provisions of this Agreement and the provisions of any Secured Documents, the Other Secured Agreements, in each case whether as defined in the Notes Indenture, the Term Facility Credit Agreement or the Revolving Facility Credit Agreement, the provisions of this Agreement shall control.