PNC Agreement definition

PNC Agreement means the Revolving Credit and Security Agreement dated March 14, 2000, among Company, the other borrowers from time to time party thereto, Lenders and Agent, as such agreement may be amended, modified, restated, replaced, extended, refinanced, increased, renewed or supplemented from time to time, any and all agreements relating thereto and any agreement executed with or in favor of the Agent or any of the Lenders in connection with any amendment, modification, restatement, replacement, extension, refinancing, renewal or supplement thereof.
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PNC Agreement means that certain Credit Agreement dated as of July 2, 2021 among the Borrower, the Parent Entity, the other guarantors party thereto, the lenders party thereto and PNC Bank, National Association, as administrative agent, as such agreement is amended, modified, restated or replaced from time to time.
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PNC Agreement has the meaning set forth in Section 8.03(a).
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Examples of PNC Agreement in a sentence

  • Instead, Jetro’s credit card processor, PNC Bank, processed payments made with MasterCard cards at Jetro stores pursuant to a contract between PNC and Jetro (the PNC Agreement).

  • Furthermore, we notice that if a clarification is raised in the previ- ous agent turn, the probability of the agent asking another clarification is 7.6% (Table 6), while theprobability is 12.2% if the previous turn is non- clarification (example 1 in Table 3).

  • In addition, in the event the Company shall be required to pay a fee pursuant to clause (i) of the preceding sentence and, prior to the date which is ninety days following the termination of this Agreement, the Company shall acquire all or substantially all of the assets subject to the PNC Agreement, the Company shall pay to one or more designees of the Xxxxxx X.

  • Bank Credit and Facility The PNC Agreement has had numerous amendments the most recent of which is discussed below.

  • The Collection Agent will not amend, modify or supplement the PNC Agreement or waive any provision thereof regarding or relating to the Assigned Rights, in each case except with the prior written consent of the Administrative Agent and the Purchaser Agents; nor shall the Collection Agent take any other action under the PNC Agreement that could reasonably be expected to have a Material Adverse Effect or which is inconsistent with the terms of this Agreement.

  • Simultaneously with the Closing, the Company shall complete the acquisition of assets contemplated by the PNC Agreement and the contemplated securitization of such assets, and the Company shall not have waived any material conditions to closing contained in the PNC Agreement unless such waiver is ratified or approved by the Purchasers, which waiver or approval shall not be unreasonably withheld.

  • Create, incur, assume or suffer to exist any Indebtedness, except: (a) (i) Indebtedness under the Loan Documents, (ii) Indebtedness incurred under the PNC Agreement, (iii) Indebtedness incurred under the Key Agreement and (iii) Indebtedness incurred under the Capital One Agreement.

  • Xxxxx and [ * ] shall have executed and delivered to the Lender the Subordination, Forebearance and Waiver of Offset Rights Agreement substantially in the form attached hereto as Exhibit G (the "P.N.C. Subordination Agreement") which provides, in part, for the subordination of the Company's obligation to Lender pursuant to this Agreement to the Company's obligations pursuant to the P.N.C. Agreement.

  • The Company shall have obtained alternative debt and/or equity financings pursuant to which the Company shall have satisfied all the Company's obligations to P.N.C. Bank under the P.N.C. Agreement (the "Alternative Financing(s)") and pursuant to any debt issued in such Alternative Financing(s), no amounts shall be due and payable for less than one (1) year following the Second Closing.

  • The proceeds from the purchase and sale of the Bridge Securities hereunder will be used for general corporate purposes and in connection with the acquisition simultaneously with the Closing of certain assets of the PNC National Bank in accordance with the Purchase and Sale Agreement, dated September 4, 1998, by and between Direct Merchants Credit Card Bank, National Association and the PNC National Bank, as amended (the "PNC Agreement").


More Definitions of PNC Agreement

PNC Agreement means the Purchase Agreement, dated as of September 4, 1998, by and between PNC and DMCCB, and all schedules and exhibits thereto, together with all agreements, instruments and documents executed in connection therewith, including, without limitation, the Interim Servicing Agreement with respect thereto, as they may be modified, amended and supplemented from time to time.
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PNC Agreement means that certain Amended and Restated Revolving Credit, Term Loan and Security Agreement, dated as of June 5, 2018, by and among PNC Bank, National Association, as lender and as agent, Motorcar Parts of America, Inc., as US Borrower, and D&V Electronics Ltd., Xxxxx Electric Ltd., and Xxxxx Electric Inc., as the Canadian Borrowers, as amended.
Sample 1
PNC Agreement means that certain Credit Agreement dated as of July 2, 2021 (as amended, restated, amended and restated, replaced, supplemented or otherwise modified from time to time), among the Borrower, the Parent Entity, any other guarantors party thereto, the lenders party thereto and PNC Bank, National Association, as administrative agent. “PNC Fee Letter” means that certain Fee Letter dated as of the Closing Date by and among the Borrower, PNC Bank, National Association and PNC Capital Markets LLC. “Property” means any real estate asset directly owned by any member of the Consolidated Group, any of its Subsidiaries or any Unconsolidated Affiliate. “Property Management Fees” means, with respect to each Property for any period, 3% of the aggregate base rent and percentage rent due and payable under leases with tenants at such Property. 26 CHAR1\2011656v6 “PTE” means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. “Public Lender” has the meaning specified in Section 7.02. “Qualified ECP Guarantor” means, at any time, each Loan Party with total assets exceeding $10,000,000 or that qualified at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. “Qualified Fees” means, to the extent earned on a current basis (i.e. expected to be paid or settled in 30 days but excluding any payments made with Equity Interests) and are not deferred (except as set forth in (vii) below) by (a) the Borrower, (b) a wholly-owned Subsidiary of the Borrower or (c) a majority owned Subsidiary of the Borrower in which the Borrower, directly or indirectly, has the sole discretion to distribute any Qualified Fees at such Subsidiary to the Borrower (for clarification purposes, with respect to any non- wholly owned Subsidiary, only the pro rata portion of those fees that can be distributed to the Borrower shall constitute Qualified Fees for the purposes hereunder), all amounts consisting of the following: (i) property management fees, (ii) asset management fees, (iii) leasing commissions, (iv) tenant improvement oversight fees, (v) property acquisition fees, (vi) property financing fees and (vii) deferred asset management fees; provided that if the Qualified Fees attributable to the fees incurred with respect to clauses (v), (vi) and ...
Sample 1
PNC Agreement means that certain Credit Agreement dated as of July 2, 2021 (as amended, restated, amended and restated, replaced, supplemented or otherwise modified from time to time), among the Borrower, the Parent Entity, any other guarantors party thereto, the lenders party thereto and PNC Bank, National Association, as administrative agent. “Property” means any real estate asset directly owned by any member of the Consolidated Group, any of its Subsidiaries or any Unconsolidated Affiliate. 26 CHAR1\2016016v5 “Property Management Fees” means, with respect to each Property for any period 3% of the aggregate base rent and percentage rent due and payable under leases with tenants at such Property. “PTE” means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. “Public Lender” has the meaning specified in Section 7.02. “Qualified ECP Guarantor” means, at any time, each Loan Party with total assets exceeding $10,000,000 or that qualified at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. “Qualified Fees” means, to the extent earned on a current basis (i.e. expected to be paid or settled in 30 days but excluding any payments made with Equity Interests) and are not deferred (except as set forth in (vii) below) by (a) the Borrower, (b) a wholly-owned Subsidiary of the Borrower or (c) a majority owned Subsidiary of the Borrower in which the Borrower, directly or indirectly, has the sole discretion to distribute any Qualified Fees at such Subsidiary to the Borrower (for clarification purposes, with respect to any non-wholly owned Subsidiary, only the pro rata portion of those fees that can be distributed to the Borrower shall constitute Qualified Fees for the purposes hereunder), all amounts consisting of the following: (i) property management fees, (ii) asset management fees, (iii) leasing commissions, (iv) tenant improvement oversight fees, (v) property acquisition fees, (vi) property financing fees and (vii) deferred asset management fees; provided that if the Qualified Fees attributable to the fees incurred with respect to clauses (v), (vi) and (vii) above accounts for more than 40% of the aggregate Qualified Fees, the amount of such property acquisition fees, property financing fees and deferred asset mana...
Sample 1
PNC Agreement means that certain Credit Agreement, dated as of July 2, 2021 (as amended, restated, amended and restated, replaced, supplemented or otherwise modified from time to time), among the Borrower, the Parent Entity, any other guarantors party thereto, the lenders party thereto and PNC Bank, National Association, as administrative agent. “Property” means any real estate asset directly owned by any member of the Consolidated Group, any of its Subsidiaries or any Unconsolidated Affiliate. “Property Management Fees” means, with respect to each Property for any period, 3% of the aggregate base rent and percentage rent due and payable under leases with tenants at such Property. “PTE” means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. “Public Lender” has the meaning specified in Section 7.02. “Qualified ECP Guarantor” means, at any time, each Loan Party with total assets exceeding $10,000,000 or that qualified at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract participant” at such time under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. “Qualified Fees” means, to the extent earned on a current basis (i.e. expected to be paid or settled in 30 days but excluding any payments made with Equity Interests) and are not deferred (except as set forth in (vii) below) by (a) the Borrower, (b) a wholly-owned Subsidiary of the Borrower or (c) a majority owned Subsidiary of the Borrower in which the Borrower, directly or indirectly, has the sole discretion to distribute any Qualified Fees at such Subsidiary to the Borrower (for clarification purposes, with respect to any non- wholly owned Subsidiary, only the pro rata portion of those fees that can be distributed to the Borrower shall constitute Qualified Fees for the purposes hereunder), all amounts consisting of the following: (i) CHAR1\2011553v5 property management fees, (ii) asset management fees, (iii) leasing commissions, (iv) tenant improvement oversight fees, (v) property acquisition fees, (vi) property financing fees and (vii) deferred asset management fees; provided that if the Qualified Fees attributable to the fees incurred with respect to clauses (v), (vi) and (vii) above accounts for more than 40% of the aggregate Qualified Fees, the amount of such property acquisition fees, property financing fees and deferred asset mana...
Sample 1

Related to PNC Agreement

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Existing Agreement has the meaning set forth in the recitals.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Original LLC Agreement has the meaning set forth in the Recitals.

  • Company LLC Agreement means the Limited Liability Company Agreement of the Company, dated as of October 23, 2006, as amended or restated from time to time.

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Main Agreement means the part of this Agreement that commences on the first page and ends with but includes Schedule A, excluding Section 3(d) (which incorporates this Schedule C into the Agreement).

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.

  • Practice agreement means an agreement described in section 17047, 17547, or 18047.

  • Reservation Agreement means a written contract entered into between MBOH and the taxpayer to provide for a Reservation and setting forth the terms and conditions under which the taxpayer may obtain a Carryover Commitment or Final Allocation.

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Original Agreement has the meaning set forth in the recitals.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Xxxxxx Agreement means that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended.

  • Support Agreement has the meaning set forth in the Recitals.

  • Relationship Agreement means the relationship agreement between certain members of the Brookfield Group, the Partnership, BBP, the Holding Entities and others dated as of the date hereof;

  • Secondment Agreement is defined in Section 2.2.

  • Omnibus Agreement means that certain Omnibus Agreement, dated as of the Closing Date, among the General Partner, the Partnership, the Operating Company and certain other parties thereto, as such may be amended, supplemented or restated from time to time.

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.