Multicare Credit Agreement definition

Multicare Credit Agreement means the Credit Agreement, dated October 9, 1997, among Multicare, certain of its subsidiaries, Mellon as administrative agent, and certain other agents and lenders referred to therein as previously amended, together with any agreements that refinance any of the indebtedness under the Multicare Credit Agreement, in each case as the same may be amended, restated, modified and/or supplemented from time to time.
Multicare Credit Agreement has the meaning assigned to such term in Section 2.1(t).
Multicare Credit Agreement means the long-term credit agreement, dated as of the date hereof, providing for borrowings substantially contemporaneously with the merger of Genesis ElderCare Acquisition Corp. into Multicare, among Multicare, the Subsidiaries of Multicare referred to therein, Mellon as administrative agent, and the other agents and lenders referred to therein as such agreement may be amended, modified, restated or supplemented from time to time consistent with the terms hereof.

Examples of Multicare Credit Agreement in a sentence

  • There are certain understandings about the Multicare Credit Agreement which the Lenders have relied upon in entering into this Agreement and wish to confirm in an intercreditor agreement with the parties to the Multicare Credit Agreement.

  • No Loan Party shall designate any of its Indebtedness as "Designated Senior Indebtedness" for purposes of the 1997 Subordinated Note Indenture except Indebtedness incurred pursuant to this Agreement or the Multicare Credit Agreement.

  • The value of commissioning has only increased in recent years as a result of increasingly specialized building systems that must be effectively integrated along with increasingly strict building and safety codes.

  • That is one reason why we worked to secure approval in 1998 of the OECD Recommendation Concerning Effective Action Against Hard-Core Cartels ("OECD Cartel Recommendation").

  • This provision (and a corresponding provision in the Multicare Credit Agreement) shall take the place of a separate agreement and shall serve as an intercreditor agreement among the lenders party to this Agreement and the lenders party to the Multicare Credit Agreement.

  • In the event an additional Member is admitted to the Company and contributes property to the Company, or an existing Member contributes additional property to the Company, pursuant to this Agreement, the value of such contributed property shall be the fair market value of such property as determined by the Lazard Board.

  • No Loan Party and no member of the Multicare Group shall merge or consolidate with or into any Person, except (a) the Merger and (b) in the case of Multicare and its Subsidiaries, mergers permitted by the Multicare Credit Agreement.

  • Because each of the Lenders hereunder is also a "Lender" under the Multicare Credit Agreement, this provision (and a corresponding provision in the Multicare Credit Agreement) shall take the place of a separate agreement and shall serve as an intercreditor agreement among the lenders party to this Agreement and the lenders party to the Multicare Credit Agreement.

  • If the sum of the Estimated Monthly Operating Expenses paid by Tenant for such year shall exceed the product of the actual Operating Expenses multiplied by the Operating Expense Percentage, Tenant shall be allowed a credit against the next installment or installments of rent and Estimated Monthly Operating Expenses coming due equal to such excess.

  • For high risk referrals that should have been opened to ongoing services, a delay might trigger subsequent referrals on the same child/children since no one is working with the family on significant issues.

Related to Multicare Credit Agreement

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Existing Credit Agreement as defined in the recitals hereto.

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

  • 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.

  • 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.

  • 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.

  • Prepetition Credit Agreement has the meaning specified 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.

  • 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).

  • 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.

  • 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.

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

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

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

  • 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.

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

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

  • 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.

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