Fleet Credit Agreement definition

Fleet Credit Agreement means the Amended and Restated Revolving Line of Credit Agreement between the Company and Fleet National Bank dated as of November 8, 1996, as to be amended in connection with the closing of the acquisition of Savers Life.

Fleet Credit Agreement means that certain Credit Agreement dated as of December 23, 1999, as amended, between the Borrower and Fleet National Bank, as administrative agent.

Fleet Credit Agreement means that certain Revolving Credit Agreement dated March 29, 2002 by and among the Borrower (and certain Subsidiaries named therein), Fleet Capital Corporation as administrative agent and the Lenders (as defined therein) named therein, as amended to date.

Examples of Fleet Credit Agreement in a sentence

• Company shall have received the written agreement of holders under Company's Senior Subordinated Convertible Notes due January 31, 2009 and Company's senior lender under the Fleet Credit Agreement that upon payment in full of such obligations, they will release and terminate all UCC liens filed against Company and/or any Company Subsidiaries and in addition will release any collateral currently in such party's possession that had been pledged to such party by Company or any of Company's Subsidiaries.

• Upon the approval of the Member to dissolve the Company, the Company shall be dissolved and liquidated in accordance with the provisions of this Section 9 and applicable law; provided, however, that the Company may not be dissolved until such time as the Company has no further obligations under both the Fleet Credit Agreement and the Member Credit Agreement.

• Pursuant to the Fleet Credit Agreement, the Company and the Subsidiary Guarantors shall have received proceeds in an amount which is sufficient, together with the proceeds of the Notes, to repay the Vendor Receivables and make the other payments to be made at the Closing, from borrowings under the Fleet Credit Agreement.

• In particular, PPS requests Commission authority to guarantee PEG’s obligations under the Fleet Credit Agreement to a maximum amount of $176 million and to secure the guaranty with its operating assets.

• However, the Company, to the extent it makes or has made any prepayments of principal under the existing Fleet Credit Agreement, shall be entitled to draw down additional Indebtedness under such Fleet Credit Agreement, as long as such Indebtedness does not have the effect of increasing the line of credit provided.

More Definitions of Fleet Credit Agreement

Fleet Credit Agreement. The Loan Agreement dated as of May 15, 1996 between the Borrower and Fleet National Bank. GAAP: Generally accepted accounting principles consistent with those adopted by the Financial Accounting Standards Board and its predecessor, (a) generally, as in effect from time to time, and (b) for purposes of determining compliance by the Borrower with its financial covenants set forth herein, as in effect for the fiscal year therein reported in the most recent Financials submitted to the Bank prior to execution of this Agreement.

Fleet Credit Agreement as defined in subsection 5.1(p).

Fleet Credit Agreement has the meaning set forth in the Definition Section.

Fleet Credit Agreement means the Amended and Restated Loan and Security Agreement dated November 19, 2004 among the Company, Rental, the financial institutions party thereto and Fleet Capital Corporation as Agent.

Fleet Credit Agreement means the Amended and Restated Revolving Line of Credit Agreement between the Company and Fleet National Bank dated as of November 8, 1996.

Fleet Credit Agreement means the Loan and Security Agreement, dated as of ---------------------- November 27, 1996, between Fleet Bank and Funding.

Fleet Credit Agreement means the Second Amended and Restated Loan and Security Agreement, dated as of October 6, 2004, by and among Xxxxxx, Xxxxxx, Sellers, Epic, the Lenders signatory hereto and Fleet Capital Corporation, as Agent, as amended, modified and/or supplemented from time to time through the Petition Date, including without limitation Amendment No. 1 dated as of January 19, 2005.