ING Credit Agreement definition

ING Credit Agreement means that certain Credit Agreement, dated September 25, 2006, by and among Avicola Pilgrim’s Pride de Mexico, S. de R.L. de C.V., as borrower, the Company and certain Subsidiaries of the Company, as guarantors, ING Capital LLC, as Administrative Agent, the lenders party thereto from time to time, and others, as amended.
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ING Credit Agreement means the Amended and Restated Senior Secured Revolving Credit Agreement, dated as of February 22, 2011, among FSC, ING Capital LLC, as administrative agent, arranger and bookrunner, Royal Bank of Canada, as documentation agent and the lenders party thereto, as amended by Amendment No. 1 to Amended and Restated Senior Secured Revolving Credit Agreement, dated as of July 8, 2011, Incremental Assumption Agreement, dated as of July 8, 2011, Waiver Letter, dated as of August 3, 2011, Amendment No. 2 to Amended and Restated Senior Secured Revolving Credit Agreement, dated as of November 29, 2011, Amendment No. 3 to Amended and Restated Senior Secured Revolving Credit Agreement, dated as of February 29, 2012, Amendment No. 4 to Amended and Restated Senior Secured Revolving Credit Agreement, dated as of November 30, 2012, Amendment No. 5 to Amended and Restated Senior Secured Revolving Credit Agreement, dated as of August 6, 2013, Amendment No. 6 to Amended and Restated Senior Secured Revolving Credit Agreement, dated as of September 13, 2013, Waiver to Senior Secured Revolving Credit Agreement, dated as of December 11, 2015, and Amendment No. 7 to Amended and Restated Senior Secured Revolving Credit Agreement, dated as of December 18, 2015 (as further amended, restated, supplemented or otherwise modified from time to time).
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ING Credit Agreement means the facility agreement, dated as of August 2, 2010, providing for a senior secured term loan of up to $55,200,000 between the Borrower, as borrower, and ING Bank N.V., as facility agent and security trustee and lender, as such agreement is amended, amended and restated, supplemented or otherwise modified from time to time;
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Examples of ING Credit Agreement in a sentence

  • The Facility Agent shall have received an amendment agreement executed by the administrative agent, the collateral agent, the “Required Lenders” and the loan parties under the ING Credit Agreement, in form and substance satisfactory to it, to reflect, among other changes, the new financial covenant levels and to permit the Borrower Restructuring.

  • Any such mandatory prepayments will permanently reduce the amount of the commitment under the ING Credit Agreement.

  • OPIC and Chase hereby agree, for the benefit of each Creditor under the ING Credit Agreement and each Related Person, that each of the Defaults and Events of Default contained in Article X of the OPIC Finance Agreement are suspended and replaced by the Events of Default described in Section 4.1. Such suspension shall be effective from and after the date hereof and continue until the termination of this Intercreditor Agreement.

  • Evidence that the Closing Date Contribution shall have been duly made in compliance with all applicable laws, statutes and regulations and that the proceeds thereof, together with all Loans made on the Closing Date, shall be used, and in an amount sufficient, to finance the Acquisition, to refinance amounts outstanding under the ING Credit Agreement and to pay any fees and expenses payable hereunder on the Closing Date.

  • Borrowings by the Borrower under this Letter Agreement will only be used to (i) prepay $2.0 million of principal owed by the Borrower to ING under the ING Credit Agreement and (ii) fund the operating expenses of the Borrower.

  • As of the Closing, (a) all outstanding Indebtedness of the Company (including all Indebtedness (including any and all interest expenses accrued and unpaid thereon and any prepayment fees and penalties and any payment or reimbursement of expenses payable with respect thereto) under the ING Credit Agreement and all intercompany debt) shall be paid in full and (b) the Company shall have obtained the release of all Liens on all Assets securing such Indebtedness.

  • There were no outstanding borrowings under the ING Credit Agreement at December 26, 2010.

  • OPIC and Chase hereby agree, for the benefit of each Creditor under the ING Credit Agreement and each Related Person, that each of the covenants contained in Article VIII or Article IX of the OPIC Finance Agreement are suspended and replaced by the covenants described in Section 3.2. Such suspension shall be effective from and after the date hereof and continue until the termination of this Intercreditor Agreement.

  • Without the prior written consent of Majority Creditors, except for the making of the Loan under the ING Credit Agreement (as such term is defined therein), no Creditor will make loans or extensions of credit to any Related Person or otherwise increase the principal amount of Debt owing to it by any Related Person or change the interest rate or fees accruing in respect of such Debt.

  • Chase and OPIC agree, for the benefit of each Creditor under the ING Credit Agreement and each Related Person, that they hereby suspend the obligations of Argosy International and each other Related Person with respect to payments of principal under the Chase/OPIC Agreements to the extent the amounts or dates of such payments are inconsistent with the provisions of this Intercreditor Agreement.


More Definitions of ING Credit Agreement

ING Credit Agreement means that certain Credit Agreement, dated September 25, 2006, by and among Avicola Pilgrim’s Pride de Mexico, S. de
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ING Credit Agreement means the credit agreement, dated as of August 26, 1997, among Hipercable, the subsidiary guarantors identified on the signature pages thereto, the various lenders identified on the signature pages thereto and ING Baring (U.S.) Capital Corporation, as administrative agent.
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ING Credit Agreement means that certain Credit Agreement, dated September 25, 2006, by and among Avicola Pilgrim’s Pride de Mexico, S. de X.X. de C.V., as borrower, the Company and certain Subsidiaries of the Company, as guarantors, ING Capital LLC, as Administrative Agent, the lenders party thereto from time to time, and others, as amended.
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ING Credit Agreement means that certain $50,000,000 credit agreement, dated as of May 16, 1996, by and among the Company (as borrower), Triarc (as guarantor) and those certain lenders named therein, or any amendment or replacement thereof.
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Related to ING Credit Agreement

  • Existing 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.

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

  • 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.

  • 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.

  • Term Credit Agreement means the Term Credit Agreement and any other agreement 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, lender or group of lenders and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • 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.

  • Existing Credit Agreements has the meaning set forth in the recitals hereto.

  • 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.

  • Bank Credit Agreement means the Revolving Credit and Term Loan Agreement, dated as of January 26, 2015, by and among the Company and certain of its Subsidiaries, Bank of America, N.A., as administrative agent, and the 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.

  • 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.

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

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

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

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

  • 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.

  • 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.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • ABL Credit Agreement as defined in the recitals hereto.

  • 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.

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

  • Company Credit Agreement means that certain Credit Agreement, dated as of January 28, 2019, by and between the Company, the lenders party thereto from time to time and SunTrust Bank, as administrative agent for the revolving lenders and as collateral agent for the secured parties thereunder.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

  • 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.

  • 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.