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).

  • Prior to the consummation of the refinancing, Advanced Technology Asset Management, LLC ("ATAM") (formerly ETC Asset Management, LLC), a shareholder of the Company and a holder of warrants to purchase 332,820 shares of the Company's common stock, consented to the transactions contemplated under the PNC Agreement and the financing provided by Mr. Lenfest, including the below market issuance of warrants to Mr. Lenfest.

  • 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.

  • The Collection Agent shall, within one Business Day after the Collection Agent's receipt thereof, remit to the Collection Account any payment received by the Collection Agent pursuant to the PNC Agreement which relates to an amount due and owing under this Agreement, unless otherwise previously paid by the Collection Agent or Transferor hereunder or by PNC directly to the Administrative Agent.

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

  • At the Closing, NET shall provide to the Surviving Corporation any funds necessary to repay all indebtedness owed to PNC by the Company pursuant to the PNC Agreement.

  • All material contracts to which the Company or its Subsidiaries are parties on or prior to the date hereof which will be required to be described or filed as an Exhibit in the SEC Documents required to be filed following the date hereof, including any amendment to the PNC Agreement have been provided to the Purchasers or are listed on Schedule 3.11 and are in full force and effect.

  • The Company shall use the net proceeds from the sale of the Securities hereunder for the repayment of debt incurred under the PNC Agreement and for working capital purposes and not for the satisfaction of any portion of the Company's debt (other than pursuant to the PNC Agreement and payment of (a) trade payables in the ordinary course of the Company's business and consistent with prior practices or (b) capital lease obligations).

  • Create, incur, assume or suffer to exist any Indebtedness, except: 69 CHAR1\2011656v6 (a) (i) Indebtedness under the Loan Documents, (ii) Indebtedness incurred under the BofA Agreement, (iii) Indebtedness incurred under the PNC Agreement and (iv) Indebtedness under the Capital One Agreement.

  • 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.


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.
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Related to PNC Agreement

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

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

  • 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 Second Amended and Restated Limited Liability Company Agreement of the Company, dated as of May 25, 2011, as amended from time to time.

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

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • 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 means an agreement entered into as a replacement for any Relevant Agreement;

  • 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 means the Restatement Agreement to the Existing Credit Agreement, dated as of July 17, 2015, by and among the Borrower, the other Loan Parties, the Administrative Agent, the Lenders party thereto and the other parties thereto.

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

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

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • 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, BRELP, the Holding Entities and others;

  • 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.