Line of Credit Agreement definition

Line of Credit Agreement means, with respect to any Borrower, the revolving credit contracts providing for the establishment of a home equity line of credit, together with any amendments, addendums and supplements thereto (including to provide for one or more All-In-One Mortgage Segments, each to be governed by a separate agreement);
Line of Credit Agreement shall have the meaning provided in Subparagraph
Line of Credit Agreement means any agreement to provide loans or letters of credit to the Borrower or a Subsidiary of the Borrower that is designated in the instrument governing such line of credit or in a separate letter of designation delivered to the Administrative Agent as a “Line of Credit Agreement” under this Agreement and notified to the Administrative Agent as such.

Examples of Line of Credit Agreement in a sentence

  • Capitalized terms not defined herein shall have the meaning ascribed to them in the Equity Line of Credit Agreement.

  • Escrow Agent shall not be obligated to take any legal action or commence any proceeding in connection with the Escrow Funds, any account in which Escrow Funds are deposited, this Agreement or the Equity Line of Credit Agreement, or to appear in, prosecute or defend any such legal action or proceeding.

  • The execution, delivery, and performance by the Company of this Escrow Agreement is in accordance with the Equity Line of Credit Agreement and will not violate, conflict with, or cause a default under the certificate of incorporation or bylaws of the Company, any applicable law or regulation, any court order or administrative ruling or decree to which the Company is a party or any of its property is subject, or any agreement, contract, indenture, or other binding arrangement.

  • This Agreement shall be co-terminus with, and terminate upon the same terms and conditions as those set forth in, the Equity Line of Credit Agreement.

  • The Company has all corporate power and authority to enter into this Agreement, the Equity Line of Credit Agreement, the Registration Rights Agreement, and the Escrow Agreement, to carry out the provisions and conditions hereof and thereof, and all consents, authorizations, approvals and orders required in connection herewith and therewith have been obtained.


More Definitions of Line of Credit Agreement

Line of Credit Agreement means the line of credit agreement entered into between the Company and Geologic on December 15, 2015 whereby Geologic agreed to advance a US$5,000,000 line of credit to the Company with an interest rate of 1.25% per month, payable monthly in arrears;
Line of Credit Agreement means a written agreement establishing the line of credit to be drawn upon in exchange for the Note, reflecting the Note Terms, which is authorized to be executed by the Designated Representative on behalf of the City, in accordance with this ordinance and RCW 39.46.050.
Line of Credit Agreement means that certain Line of Credit Agreement, dated as of the date hereof, by and among Borrower, SunTrust Bank, Central Florida, as Administrative Agent, First Union National Bank, as Documentation Agent, NationsBank N.A., as Syndication Agent, SouthTrust Bank, National Association, as Co-Agent, and the banks and lending institutions from time to time parties thereto, as the same may be amended, restated, supplemented or otherwise modified from time to time.
Line of Credit Agreement. Line of Credit Agreement shall mean the Line of Credit Agreement dated as of the Effective Date by and among Purdue Pharma L.P., a Delaware limited partnership, and Purdue (together, the “Lenders”), and Infinity.
Line of Credit Agreement means the Line of Credit Agreement dated as of the date hereof, pursuant to which the Purchasers are agreeing to make loans of up to an aggregate principal amount of $50.0 million to the Company, upon certain conditions contained therein.
Line of Credit Agreement means, collectively, (i) that certain Line of Credit Agreement dated [ , 2023], between the University and Hancock Whitney Bank, as it may be amended, supplemented or replaced from time to time, and (ii) all documents and agreements between the University and the provider of any Line of Credit governing the payment of debt service on the Line of Credit.
Line of Credit Agreement means the Line of Credit Agreement, dated as of January __, 2023 among Borrower and the original Holder, as amended, modified or supplemented from time to time in accordance with its terms.