PHH Credit Agreement definition

PHH Credit Agreement means the Amended and Restated Competitive Advance and Revolving Credit Agreement, dated as of January 6, 2006, among PHH, PHH Vehicle Management Services Inc., the lenders referred to therein, Citicorp USA, Inc. as syndication agent, The Bank of Nova Scotia and Wachovia Bank, National Association, as co-documentation agents, and JPMorgan Chase Bank, N.A., as administrative agent for the lenders, as amended, restated, modified, supplemented or waived from time to time in accordance with its terms and as renewed, refunded, replaced or refinanced in whole or in part from time to time.
Sample 1Sample 2Sample 3
PHH Credit Agreement means the Amended and Restated Competitive Advance and Revolving Credit Agreement, dated as of January 6, 2006, among PHH, PHH Vehicle Management Services Inc., the lenders referred to therein, Citicorp USA, Inc. as syndication agent, The Bank of Nova Scotia and Wachovia Bank, National Association, as co-documentation agents, and JPMorgan Chase, as administrative agent for the lenders, as amended, modified, supplemented or waived from time to time in accordance with its terms; provided, however, that, for the purposes of clause (y) of Article 4, PHH Credit Agreement shall mean such credit agreement without giving effect to any amendments, modifications or supplements thereto or waivers thereof after December 17, 2008 not approved by the Series 2006-2 Required Investor Noteholders. ‘Remaining Lease Term’ means, with respect to any Series 2006-2 Yield Shortfall Lease on any Settlement Date, the remaining number of months over which the Capitalized Cost of the related Leased Vehicle is being depreciated thereunder as of the last day of the immediately preceding Monthly Period. [***] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Sample 1
PHH Credit Agreement means the Amended and Restated Competitive Advance and Revolving Credit Agreement, dated as of January 6, 2006, among PHH, PHH Vehicle Management Services Inc., the lenders referred to therein, Citicorp USA, Inc. as syndication agent, The Bank of Nova Scotia and Wachovia Bank, National Association, as co-documentation agents, and JPMorgan Chase, as administrative agent for the lenders, as amended, modified, supplemented or waived from time to time in accordance with its terms; provided, however, that, for the purposes of clause (y) of Article 4, PHH Credit Agreement shall mean such credit agreement without giving effect to any amendments, modifications or supplements thereto or waivers thereof after February 28, 2008 not approved by the Series 2006-1 Required Investor Noteholders. [***] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. ‘Single A Enhancement Matrix’ means the following matrix: Level 1 Required Enhancement Percentage [***]% [***]% [***]% Lxxxx 0 Xxxxxxxx Xxxxxxxxxxx Percentage [***]% [***]% [***]% Lxxxx 0 Xxxxxxxx Xxxxxxxxxxx Percentage [***]% [***]% [***]% Required Reserve Account Amount Percentage [***]% [***]% [***]% ; provided, however, that, if the Indenture Supplement with respect to any Series of Investor Notes issued after February 28, 2008 and rated A-, A or A+ by S&P or A1, A2 or A3 by Mxxxx’x at the time of issuance requires that the Credit Enhancement with respect to such Series be a higher percentage of the Initial Invested Amount with respect to such Series during any period when a particular Overconcentration Option is in effect in accordance with Section 13.18 of the Base Indenture than the percentage for such Overconcentration Option in the matrix set forth above, the Single A Enhancement Matrix shall mean the matrix set forth above revised to include each such higher percentage. ‘Triple A Enhancement Matrix’ means the following matrix: Level 1 Required Enhancement Percentage [***]% [***]% [***]% Lxxxx 0 Xxxxxxxx Xxxxxxxxxxx Percentage [***]% [***]% [***]% Lxxxx 0 Xxxxxxxx Xxxxxxxxxxx Percentage [***]% [***]% [***]% Required Reserve Account Amount Percentage [***]% [***]% [***]% ; provided, however, that, if the Indenture Supplement with respect to any Series of Investor Notes issued after February 28, 2008 and rated ...
Sample 1

Examples of PHH Credit Agreement in a sentence

  • No Default or Event of Default (as defined in either the Credit Agreement or PHH Credit Agreement) has occurred and is continuing.

  • In addition, an Asset Securitization Subsidiary may wind-up, liquidate or dissolve provided that immediately prior to and on a Pro Forma Basis after giving effect to such transaction no Default or Event of Default (as defined in either the Credit Agreement or PHH Credit Agreement) has occurred and is continuing.

  • There is sufficient availability under Section 802(o) of the 2000 Indenture and Sections 4.06(b)(viii) and 4.08(xvii) of the 2010 Indenture to allow for this Parent Guaranty and the Subsidiary Guarantee (as defined in the PHH Credit Agreement) without triggering an obligation to provide a guarantee pursuant to the “equal and ratable” clauses therein.


More Definitions of PHH Credit Agreement

PHH Credit Agreement means the Amended and Restated Competitive Advance and Revolving Credit Agreement, dated as of January 6, 2006, among PHH, PHH Vehicle Management Services Inc., the lenders referred to therein, Citicorp USA, Inc. as syndication agent, The Bank of Nova Scotia and Wachovia Bank, National Association, as co-documentation agents, and JPMorgan Chase, as administrative agent for the lenders.
Sample 1
PHH Credit Agreement means the amended and restated credit agreement dated as of August 2, 2012, among PHH, as borrower, the lenders referred to therein, and JPMorgan Chase Bank, N.A., as administrative agent.
Sample 1
PHH Credit Agreement means the Amended and Restated Competitive Advance and Revolving Credit Agreement, dated as of January 6, 2006, among PHH Corporation, PHH Vehicle Management Services Inc., and JPMorgan Chase Bank, N.A., as administrative agent.
Sample 1

Related to PHH Credit Agreement

  • 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.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and 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.

  • 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.

  • 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.

  • 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.

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

  • Senior Credit Agreement has the meaning specified therefor in the Recitals hereto.

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

  • 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.

  • ABL 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.

  • Company Credit Agreement means the Amended and Restated Credit Agreement, dated as of September 30, 2016, as amended from time to time, among the Company, the guarantors named therein, the lenders named therein, and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, and all pledge, security, guaranty and other agreements and documents related thereto.

  • 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.

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

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

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

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or 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 Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Existing Credit Agreement as defined in the recitals hereto.

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

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • 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.

  • 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.

  • Credit Agreements means any promissory note, mortgage, loan agreement, indenture or similar instrument or agreement to which the Company or any of its Subsidiaries is or becomes a borrower, as such instruments or agreements may be amended, restated, supplemented or otherwise modified from time to time and including any one or more refinancing or replacements thereof, in whole or in part, with any other debt facility or debt obligation, for as long as the payee or creditor to whom the Company or any of its Subsidiaries owes such obligation is not an Affiliate of the Company.