OP Credit Agreement definition

OP Credit Agreement means that certain Credit Agreement, dated as of April 25, 2016, by and among the OP, the financial institutions referred to as Lenders therein and the Administrative Agent referred to therein (as the same may be amended, supplemented or otherwise modified from time to time).
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OP Credit Agreement means any revolving credit facility, Borrower, as borrower, may enter into with one or more unaffiliated banking institutions, as same may be amended, restated or replaced in its entirety from time to time.
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OP Credit Agreement means any revolving credit facility, Operating Partnership, as borrower, may enter into with one or more unaffiliated banking institutions, as same may be amended, restated or replaced in its entirety from time to time.
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Examples of OP Credit Agreement in a sentence

  • The OP Credit Agreement Representations are each true and correct.

  • Promptly upon the delivery thereof, a copy of each notice (other than a request for a borrowing), certificate, financial statement, report and forecast and all other information delivered by (or on behalf of) the Operating Partnership, REIT Parent or any of their Subsidiaries to the Agents or the Lenders (as such terms are defined in the OP Credit Agreement) pursuant to the OP Credit Agreement, including without limitation, Section 5.03 of the OP Credit Agreement.

  • An OP Credit Agreement ERISA Default (each OP Credit Agreement ERISA Default being hereby incorporated herein by reference) shall occur.

  • There is no unused “Commitment” under the OP Credit Agreement that the Borrower then is qualified to borrow.

  • The Operating Partnership will perform, comply with and be bound by, for the benefit of the Agent and the Lenders, each of its agreements, covenants and obligations contained in Article V of the OP Credit Agreement (other than those contained in Section 5.01(f), (j), (k), (l), (o) and (s) and Section 5.02(o)), each of which (together with the related definitions and ancillary provisions) is hereby incorporated herein by reference.

  • Information 37 Section 8.1. Financial Information 37 Section 8.2. Information Provided under OP Credit Agreement 37 Section 8.3. Other Information 37 Article IX.

  • Information 32 Section 8.1. Financial Information 32 Section 8.2. Information Provided under OP Credit Agreement.

  • There is no unused “Commitment” under the OP Credit Agreement that the Operating Partnership then is qualified to borrow.

  • Provided that such distribution is not prohibited by the OP Credit Agreement, Borrower will cause the OP Partnership to distribute to the Borrower the net cash proceeds from the issuance of any capital raise, which the Borrower shall apply to ratably prepay the Advances immediately upon the receipt thereof.

  • The Borrower shall not enter into, assume or otherwise be bound by any Negative Pledge other than under the OP Credit Agreement.


More Definitions of OP Credit Agreement

OP Credit Agreement. The Senior Secured Revolving Credit Agreement dated as of May 1, 2006, by and among OP Guarantor, Parent Guarantor, KeyBank, individually and as Agent, and the other banks from time to time a party thereto, as the same may be modified, amended or restated. OP Guarantor: Republic Property Limited Partnership, a Delaware limited partnership. Opening of the Loan or Loan Opening: The first disbursement of Loan proceeds, other than proceeds advanced as of the date of this Agreement for the acquisition of the Project and closing costs. Parent Guarantor. Republic Property Trust, a Maryland real estate investment trust. Patriot Act Customer Identification Process: That certain customer identification and review process established by the Agent pursuant to the requirements of 31 U.S.C. §5318(1) and 31 C.F.R. §103.121 to verify the identity of all permitted transferees of interests in the Borrower and any assignees of a portion of the Loan hereunder.
Sample 1
OP Credit Agreement means that certain Credit Agreement dated as of June 27, 2003 by and among the Operating Partnership, the REIT Parent, the Persons party thereto as “Guarantors,” the Persons party thereto as “Lenders,” Citicorp North America, Inc., as Administrative Agent, and the other parties thereto, as amended by that certain First Letter Amendment and Limited Waiver dated as of October 28, 2003, as further amended by that certain Second Letter Amendment dated as of January 8, 2004, and as further amended by that certain Limited Waiver dated as of July 21, 2004.
Sample 1
OP Credit Agreement means that certain Credit Agreement dated as of March 15, 2005 by and among the Operating Partnership, the REIT Parent, Xxxxxxx Properties Holdings I, LLC, the Persons party thereto as “Guarantors,” the Persons party thereto as “Lenders,” Credit Suisse First Boston, as Administrative Agent and Collateral Agent, and the other parties thereto.
Sample 1

Related to OP Credit Agreement

  • 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.

  • 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.

  • 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.

  • 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.

  • 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 January 28, 2019, by and between the Company, the lenders party thereto from time to time and SunTrust Bank, as administrative agent for the revolving lenders and as collateral agent for the secured parties thereunder.

  • ABL Credit Agreement as defined 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.

  • 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.

  • 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.

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

  • 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.

  • 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.

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

  • Existing Credit Agreement as defined in the recitals hereto.

  • 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.

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

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

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

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

  • Credit Agreement Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • 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.