Examples of New Bank in a sentence
The Borrowers, the Banks party thereto (together with the New Bank, the “Banks”) and the Agent have entered into a Credit Agreement dated as of June 6, 2023 (as amended prior to the date hereof, the “Existing Credit Agreement”, and the Existing Credit Agreement as amended by this Amendment, the “Credit Agreement”).
All of the revenues, expenses and obligations of Owner related to the Hospital prior to the Effective Date shall be managed in the Old Bank Accounts and records that are separate from the New Bank Accounts and records that are used to operate the Hospital on or after the Effective Date.
Nordson has requested, and subject to the terms and conditions set forth herein, the Agent and the New Bank have agreed to increase the Revolving Credit Commitments in an amount equal to $72,500,000 pursuant to Section 3.13 of the Existing Credit Agreement (the “Incremental Revolving Credit Facility Increase”) and amend the Credit Agreement in connection therewith as specifically set forth herein.
Owner, with Manager’s assistance, shall establish a new set of financial books, including New Bank Accounts, for the Hospital operations on and after the Effective Date (the “Post-Manager Accounts”).