New Term Credit Agreement definition

New Term Credit Agreement means the credit agreement with respect to the New Term Loans, dated as of the Effective Date (as it may be amended, restated, amended and restated, supplemented, or modified from time to time, solely in accordance with the terms thereof), which will be filed as part of the Plan Supplement.
New Term Credit Agreement means that certain secured credit agreement governing the Term Exit Facility to be entered into as of the Consummation Date, among Reorganized Chart, the Reorganized Subsidiary Debtors, certain other subsidiaries of Reorganized Chart, and JPMorgan Chase Bank, as Administrative Agent, and the Lenders thereunder, substantially in the form of Exhibit C-2 hereto.
New Term Credit Agreement has the meaning assigned to such term in the recitals.

Examples of New Term Credit Agreement in a sentence

  • Xxxxx Phone: 0.000.000.0000 Fax: 0.000.000.0000 If to the New Term Credit Agreement Collateral Agent: U.S. Bank National Association Xxxxxxx X.

  • The Senior Lenders will be deemed to have funded a $120 million term loan governed by the New Term Credit Agreement to the Companies on the Consummation Date.

  • Although Chart believes that all conditions to effectiveness of the New Term Credit Agreement will be satisfied, no assurances can be given in this regard.

  • Reflects adjustments relating to the cancellation of $256,874 of indebtedness outstanding under the Existing Credit Facilities, issuance of $120,000 of indebtedness under the New Term Credit Agreement and borrowings of $5,000 under the New Revolver Credit Agreement.

  • The Grantors are affiliates of one another, are an integral part of a consolidated enterprise and will derive substantial direct and indirect benefits from the extensions of credit to the Borrower pursuant to the New Term Credit Agreement, and are willing to execute and deliver this Agreement in order to induce the Lenders to extend such credit.

  • This Agreement shall become effective when it shall have been executed by the Grantors and the Collateral Agent and thereafter shall be binding upon and inure to the benefit of each Grantor and the Collateral Agent and their respective permitted successors and assigns, except that no Grantor shall have the right to assign its rights hereunder or any interest herein except as otherwise permitted hereby or by the New Term Credit Agreement and any other Term Debt Document.

  • The Debtors’ indebtedness under the Existing Credit Facilities represented by the Senior Lender Claims will be restructured into indebtedness under the New Term Credit Agreement in the aggregate amount of $120 million, pursuant to Article IV.C.2 of the Plan.

  • The Existing Credit Facilities will be terminated, and the outstanding indebtedness thereunder will be reduced and restructured under the New Term Credit Agreement.

  • The Companies believe that they will be able to comply with all of the covenants to be included in the New Term Credit Agreement.

  • Under the New Term Credit Agreement, there will be restructuring fee payable upon execution of the New Term Credit Agreement, as well as certain other fees, all payable in amounts to be agreed upon.

Related to New Term Credit Agreement

  • 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.

  • 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.

  • 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.

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

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Existing Credit Agreement as defined in the recitals hereto.

  • 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.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Agreement, dated as of the Closing Date, by and among Revolving Agent, the Credit Parties party thereto, the lenders from time to time party thereto, as amended, restated, supplemented and/or modified to the extent permitted by the terms of the Intercreditor Agreement. ​

  • 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.

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

  • 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).

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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.

  • Second Amended and Restated Credit Agreement shall have the meaning assigned to such term in the recitals of this Agreement.

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

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Existing Term Loan Agreement means that certain Term Loan Credit Agreement dated as of October 22, 2010 by and among Holdings, the Company, as borrower, the Subsidiary Guarantors, the lenders party thereto from time to time and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, as amended, restated, supplemented or otherwise modified from time to time.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Five-Year Credit Agreement means the Five Year Credit Agreement dated March 31, 1999, among the Company, the Subsidiary Borrowers party thereto, the Lenders and the Administrative Agent, as Administrative Agent, as such agreement may be amended, restated or extended from time to time.