Old Credit Facility definition

Old Credit Facility means that Eighth Amended and Restated Revolving Credit Agreement dated as of July 1, 2003 by and among Global, GMG, Xxxx Hes, Chelsea LLC and Fleet National Bank and the other lending institutions listed on Schedule 1 thereto and Fleet National Bank, as agent, as amended.
Old Credit Facility means the $60 million credit facility with a syndicate of banks entered into by Gear on April 25, 2013, as amended from time to time, which was repaid in full and terminated on July 27, 2016 concurrently with the completion of the Striker Arrangement;
Old Credit Facility means the credit facility pursuant to Fifth Amended and Restated Credit Agreement, dated April 2, 2007 consisting of a $1,080 million revolving credit facility, $850 million term letter of credit facility and a $68 million senior secured term loan facility.

Examples of Old Credit Facility in a sentence

  • Cap.Inc.Sec (“SKIS”)$3,346$200Dynegy Administrative Servicescash managementDynegy Power MarketingtradingSitheDynegy Power Corp.Senior Debentures$197Central Hudson(3)$550$1.9 billion Old Credit Facility, of which approximately $1.3 billion was borrowed at June 30, 2011.

  • Dynegy Holdings was the Borrower under the Old Credit Facility (with Dynegy Inc.

  • The New Credit Facility is the Company's primary source of financing for its Equipment Operations and provides increased borrowing capacity over the Old Credit Facility.

  • We also transferred the OFSAM Cash Contribution, made by our parent to us simultaneously with the OFS Capital WM Closing, to OFS Funding, and OFS Funding used the OFSAM Cash Contribution, together with cash on hand, to pay off the remaining balance under the Old Credit Facility in full.

  • The Old Credit Facility contained the following covenants measured quarterly: (i) maximum total leverage ratio of 4:00 to 1:00; (ii) debt coverage ratio of greater than 3.50 to 1.00.


More Definitions of Old Credit Facility

Old Credit Facility means that $180,000,000 revolving promissory note dated as of June 30, 2005 by and among Calumet LP, as Borrower, and The Heritage Group (d/b/a Asphalt Refining Company), as Lender.
Old Credit Facility means the revolving credit and term loan facility to which the Company and certain of its Subsidiaries were parties that was replaced by, and repaid in full by advances under, the Credit Facility.
Old Credit Facility means that $180,000,000 [Amended and Restated] Term Loan Agreement dated as of June 30, 2005 by and among Calumet LP, as Borrower, and THG, as Lender.
Old Credit Facility means the credit agreement, dated as of December 8, 1995, between the Company and The First National Bank of Chicago, as amended.
Old Credit Facility means the revolving credit and term loan facility to which the Company and certain of its Subsidiaries were parties that was replaced by, and repaid in full by advances under, the New Credit Facility.
Old Credit Facility has the meaning ascribed to such term in Section 2.02(a)(i).
Old Credit Facility the Borrower’s existing revolving credit facility, pursuant to which approximately $78,000,000 is outstanding on the Closing Date prior to the making of the Loans hereunder.