Examples of Opco Credit Agreement in a sentence
On or before the Closing Date, Lender shall have received a copy of the executed Opco Credit Agreement.
The proceeds of the Supplemental Term Loan shall be used by the Borrower to make a capital contribution to Opco (and the Borrower shall cause Opco to use the proceeds of such capital contribution for the purposes set forth in Section 2.01(e) of the Opco Credit Agreement).
Further, the ability of the Issuer’s Subsidiaries to pay dividends or make loans or other payments or distributions is subject to restrictions under the Opco Credit Agreement.
In connection with the Acquisition, CSC Holdings, LLC will also repay all outstanding indebtedness under the Existing Target Opco Credit Agreement and the existing Newsday Credit Facility and the Existing Senior Notes and the Existing Target Notes will remain outstanding.
Credit Agreement Excluded Foreign Subsidiaries) has all requisite corporate, partnership or limited liability company (as applicable) power and authority to enter into the Loan Documents to which it is a party, to carry out the transactions contemplated thereby and, in the case of Holdings, to issue, deliver and pay the Term Notes and pay the obligations incurred under each of the Loan Documents and, in the case of Opco, pay the obligations incurred under the Opco Credit Agreement.