Examples of MLP Credit Agreement in a sentence
On August 1, 2015, the MLP Debtors exercised their option to incur an additional $120.0 million in term loan indebtedness pursuant to the MLP Credit Agreement (as defined in MLP Debtors’ Cash Collateral Motion [Docket No. 18]).
Crosstex MLP shall use its reasonable best efforts to obtain a fully executed copy of an amendment or waiver of the Crosstex MLP Credit Agreement which amends or waives the “change of control” provisions set forth therein to permit the transactions contemplated by this Agreement, including the Merger Transactions, such amendment or waiver to be effective at or prior to the closing of the Merger Transactions.
MLP agrees that upon the closing under the New MLP Credit Agreement, it will borrow, or cause to be borrowed, $174.5 million under the New MLP Credit Agreement and to use, or cause to be used, such funds (i) to repay, or cause to be repaid, all outstanding indebtedness of $82,153,121.87 under the Enviva LP Credit Agreement and to retain $85,874,769.79 million for a future distribution to MLP Holdco.
The Borrower, the Administrative Agent and the Lenders are parties to that certain MLP Credit Agreement dated as of December 19, 2014, as amended by that certain First Amendment to MLP Credit Agreement dated as of May 6, 2015 (as further amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”).
The Borrower, the Administrative Agent and the Lenders are parties to that certain MLP Credit Agreement dated as of December 19, 2014 (as amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”).