Foothill Credit Agreement definition

Foothill Credit Agreement means the Loan and Security Agreement dated as of December 30, 2002 among the Company, certain of its subsidiaries, Foothill Capital Corporation, as arranger and administrative agent and the other lenders signatory thereto.
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Foothill Credit Agreement means that certain Second Amended and Restated Loan and Security Agreement dated as of February 7, 2002, among First Wave, Borrower, certain other subsidiaries of First Wave that are parties thereto and Foothill Capital Corporation, or, if assigned by Foothill Capital Corporation, its assigns, among others, as amended from time to time. "GAAP" means those accounting principles applied on a consistent basis generally accepted from time to time in the certified public accounting profession -3- <PAGE> (including those set forth in the Opinions of the Accounting Principles Board of the American Institute of Certified Public Accountants or statements of the Financial Accounting Standards Board which may be applicable at the time in question); and "applied on a consistent basis" means that the accounting principles observed in the period covered by any report required under the terms of this Agreement are compatible in all material respects with those applied in any preceding period and report. "INTERCREDITOR AGREEMENT" means that certain Intercreditor Agreement dated as of February 7, 2002, between Foothill Capital Corporation and Lender, as supplemented by that certain letter agreement between Foothill Capital Corporation and Lender dated as of April 29, 2003. "PERSON" means a corporation, an association, a joint venture, an organization, a business, an individual or a government or political subdivision thereof or any governmental agency. "PREPAYMENT AMOUNT" shall have the meaning given such term in the Prepayment Letter. PREPAYMENT LETTER" shall mean that certain Xxxxxxx and Restated Prepayment Letter dated as of April 29, 2003, between Xxxxxxxx and Lender, as amended from time to time. "PRIME RATE" means the prime rate of interest quoted in The Wall Street Journal. "SECURITY AGREEMENT" means that certain Security Agreement dated as of August 29, 1996, between Xxxxxxxx, as debtor, and Xxxxxx, as secured party, as amended from time to time. "SUBSIDIARY" means, with respect to any Person, any corporation, association or other business entity in which more than fifty percent (50%) of the total voting power or shares of stock entitled to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof. "TERM LOAN CONDITIONS" means on or before September 30, 2005, (i) Borrower has paid its obligations with resp...
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Foothill Credit Agreement means that certain Second Amended and Restated Loan and Security Agreement dated as of February 7, 2002, among First Wave Marine, Inc., Borrower and Foothill Capital Corporation, among others, as amended from time to time.
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Examples of Foothill Credit Agreement in a sentence

  • In the event, Foothill modifies the financial covenants under the Foothill Credit Agreement, Customer agrees to notify IBM Credit of such modification within three (3) Business Days after its receipt of such notice from Foothill.

  • In the event that the Existing Lenders waive or consent to any failure to comply by the Credit Parties with any negative covenant contained in Section 7 of the Foothill Credit Agreement, the Credit Parties shall be deemed in compliance with this Section 7.1.

  • No Borrower shall permit the aggregate principal amount of loans and Advances (as defined in the Foothill Credit Agreement) outstanding under the Foothill Credit Agreement, together with all contingent reimbursement obligations with respect to letters of credit outstanding under the Foothill Credit Agreement, to exceed $15,000,000.

  • Any amendment to Section 6.3 of the Foothill Credit Agreement after the date of this Agreement shall not affect the Borrowers’ obligations under this Section 6.2 unless such amendment is consented to by the Required Lenders.

  • If a Borrower changes its chief executive office, it shall deliver to the Lenders a certified copy of the Collateral Access Agreement (as defined in the Foothill Credit Agreement) with respect to such new location of its chief executive office.

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More Definitions of Foothill Credit Agreement

Foothill Credit Agreement means (i) that certain Revolving Credit Agreement dated as of December 17, 2001, as amended, modified, and supplemented from time to time, between Xxxxx Fargo Foothill, Inc., formerly known as Foothill Capital Corporation, as lender, and ARG and related parties, as borrowers and (ii) any restatement of, replacement, or successor to such Revolving Credit Agreement.
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Foothill Credit Agreement means that certain Second Amended and Restated Loan and Security Agreement dated as of February 7, 2002, among First Wave, Borrower, certain other subsidiaries of First Wave that are parties thereto and Foothill Capital Corporation, or, if assigned by Foothill Capital Corporation, its assigns, among others, as amended from time to time.
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Foothill Credit Agreement means the Loan and Security Agreement among Customer, Foothill and other lenders dated December 28, 2001 (as amended, modified, supplemented and any replacement thereof). "Foothill Financial Report": any Financial Statement, report, and/or certificate of Customer or Parent delivered by Customer to Foothill, from time to time, pursuant to the Foothill Credit Agreement.
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Foothill Credit Agreement means that Fifth Amended and Restated Credit Agreement, dated as of August 5, 2002 (as the same may be amended, supplemented, restated or otherwise modified from time to time) among the Originator, FootHill Capital Corporation and certain financial institutions as lenders thereunder.
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Foothill Credit Agreement has the meaning set forth in the recitals hereto.
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Foothill Credit Agreement means that Fifth Amended and Restated Credit Agreement, dated as of August __, 2002 (as the same may be amended, supplemented, restated or otherwise modified from time to time) among the Seller, Foothill Capital Corporation and certain financial institutions as lenders thereunder.
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Related to Foothill Credit Agreement

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • ABL Credit Agreement as defined in the recitals hereto.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Senior Credit Agreement has the meaning specified therefor in the Recitals hereto.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Credit Agreement Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • Company Credit Agreement means the Amended and Restated Credit Agreement, dated as of September 30, 2016, as amended from time to time, among the Company, the guarantors named therein, the lenders named therein, and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, and all pledge, security, guaranty and other agreements and documents related thereto.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • Pre-Petition Credit Agreement as defined in the recitals hereto.

  • Credit Agreements means any promissory note, mortgage, loan agreement, indenture or similar instrument or agreement to which the Company or any of its Subsidiaries is or becomes a borrower, as such instruments or agreements may be amended, restated, supplemented or otherwise modified from time to time and including any one or more refinancing or replacements thereof, in whole or in part, with any other debt facility or debt obligation, for as long as the payee or creditor to whom the Company or any of its Subsidiaries owes such obligation is not an Affiliate of the Company.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Credit Agreement shall have the meaning set forth in the recitals.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement dated December 5, 2014 among the Company, the Revolving Borrower, Barclays Bank PLC, as administrative Agent, and the financial institutions and lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.