GECC Credit Agreement definition

GECC Credit Agreement means the Term Loan and Security Agreement dated as of June 14, 2005, as amended, supplemented or otherwise modified, among General Electric Capital Corporation, the Borrower, Mafco and the Subsidiaries identified therein.
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GECC Credit Agreement shall have the meaning set forth in the recitals hereto.
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GECC Credit Agreement means the Credit Agreement dated as of August 28, 1998 among the Company and the Subsidiaries thereof which are parties thereto from time to time, as borrowers, the lenders which are parties thereto from time to time, as lenders, and General Electric Capital Corporation, as agent and lender, as such agreement is in effect on the date hereof and taking into account any amendment, supplement, termination or other change prior to but not after the date hereof.
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Examples of GECC Credit Agreement in a sentence

  • For the avoidance of doubt, the transactions entered into by SMT under the GECC Credit Agreement and the GECC Pledge Agreement are acknowledged hereby as transactions not intended to circumvent the restrictions of this Section 3.1(a).

  • Simultaneously with the execution of the GECC Credit Agreement, the Borrower, the Lender and GECC executed the Subordination and Intercreditor Agreement (the "Subordination Agreement"), whereby all loans made under the IESA Credit Agreement will be subordinated to, and extended until the termination of, the GECC Credit Agreement.

  • The proceeds (x) of the Term Loans and up to $10,000,000 of the Revolving Loans are to be used solely to repay (i) all amounts outstanding under the GECC Credit Agreement and (ii) the full principal amount of and all interest accrued under outstanding Connector Notes, and (y) the balance of the Revolving Loans are to be used solely for the general corporate purposes of the Borrower, including non-hostile acquisitions otherwise permitted herein.

  • Agent means GECC as agent under the GECC Credit Agreement and any successor institution appointed as Agent under the GECC Credit Agreement.

  • Sellers will use the ----------------------- $30,000,000 of proceeds from the Purchaser Participation solely to acquire "eligible inventory" as defined in the GECC Credit Agreement.

  • Any proxies (other than the Proxy) heretofore given in respect of such Shareholder's Subject Shares are not irrevocable and all such proxies are hereby revoked, except, with respect to SMT, that the GECC Parties may be entitled to exercise voting and consensual rights with respect to the SMT Shares pursuant to Article 5(b) of the GECC Pledge Agreement upon the occurrence of an "Event of Default" or "Additional Acceleration Event" under the GECC Credit Agreement.

  • Each Fox Party acknowledges that GECC has expressly reserved its right to withhold its consent to any Alternative Transaction to the extent that the terms of such Alternative Transaction do not provide for the satisfaction in full in cash of the Obligations outstanding under the GECC Credit Agreement upon Closing.

  • Subject to the terms of the GECC Pledge Agreement and the GECC Credit Agreement, neither this Agreement nor any of the rights, interests or obligations under this Agreement may be assigned or delegated, in whole or in part, by operation of law or otherwise, by any Shareholder without the prior written consent of Company, or by Company without the prior written consent of the Shareholders and any such assignment or delegation that is not consented to shall be null and void.

  • As of the Closing or -------------------------------- simultaneously with the Closing: (a) all Obligations (as defined in the GECC Credit Agreement) shall have been satisfied in full by delivery to GECC of the McKesson Note and (b) all of the Borrower Secured Obligations (as defined in the GECC Receivables Funding and Servicing Agreement) shall have been satisfied by payment in full to GECC in cash.

  • I will pay when due any and all debts owed under the GECC Credit Agreement, subject to any waivers to which the Lenders thereunder may agree.


More Definitions of GECC Credit Agreement

GECC Credit Agreement means the Debtor in Possession Credit --------------------- Agreement, dated as of August 27, 1996, as amended, by and among Fox Corp, Fox Drug, Health Mart, Fox Software, Healthcare and MCSC, each as Debtor and Debtor in Possession, as Borrowers, and the Lenders party thereto, and General Electric Capital Corporation, as Administrative Agent.
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GECC Credit Agreement means that certain Credit Agreement dated as April 30, 2003 among the Company, as borrower, the other credit parties and lenders party thereto and General Electric Capital Corporation, as Agent and Lender, and GECC Capital Markets Group, Inc., as Lead Arranger.
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GECC Credit Agreement means the Credit Agreement, dated as of May 22, 1996, between the Borrower and GECC, as the same may be amended. supplemented or restated from time to time.
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GECC Credit Agreement means the Second Amended and Restated Credit Agreement, dated the date of this Agreement, as the same may be amended, restated, supplemented or otherwise modified from time to time.
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Related to GECC Credit Agreement

  • 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.

  • 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.

  • 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.

  • DIP Credit Agreement means that certain senior secured superpriority debtor-in-possession credit agreement, dated September 25, 2020, as amended, supplemented, amended and restated, supplemented or modified from time to time, by and among the Debtors, the DIP Agent, and the DIP Lenders, as approved by the DIP Order.

  • Term Credit Agreement shall have the meaning assigned to that term in the recitals to this Agreement and shall include any one or more other agreements, indentures or facilities extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, trustee, lender, group of lenders, creditor or group of creditors and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Bridge Credit Agreement means the credit agreement (if any) dated as of the Closing Date among the Parent, Bank of America, as administrative agent, and the lenders party thereto on terms specified in the Commitment Letter and otherwise on terms reasonably satisfactory to the Required Lenders, the proceeds of which are applied to finance a portion of the Sealy Acquisition and the Refinancing and to pay the Transaction Costs.

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

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

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

  • 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.

  • 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.

  • 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.

  • Exit Facility Credit Agreement means the credit agreement, 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 Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

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

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.

  • 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.

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

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Credit Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Parent Credit Agreement means the Amended and Restated Credit Agreement, dated as of February 7, 2014, among Parent, the subsidiaries of Parent from time to time party thereto, Bank of America, N.A., as administrative agent, and the other financial institutions from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time.

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.