Examples of Old Credit Agreement in a sentence
Until the occurrence of the Effective Date as provided in Section 3 hereof, the Original Credit Agreement shall continue in full force and effect in accordance with the provisions thereof and the rights and obligations of the parties thereto shall not be affected hereby, and all Fees and interest accruing under the Old Credit Agreement shall continue to accrue at the rates provided for therein.
This Agreement is executed for the purpose of replacing and restating the Old Credit Agreement.
Interest rate margins under the Credit Agreement are generally lower than under the Old Credit Agreement.
Each of the cash borrowing portions of the Revolver, Term Loans and the PIK Notes will be deemed fully funded on the Consummation Date and will, in each case, represent a like amount of Headway's pre-petition secured Obligations under the Old Credit Agreement.
Detailed transactions for each category are listed in the itemized charges section of the statement.Total Amount: The cumulative amount expended against the agreement to date.