Examples of Previous Credit Agreement in a sentence
These restrictions include maintaining a maximum ratio of Funded Debt to EBITDA and a minimum Interest Coverage Ratio as defined in the Credit Agreement and the Previous Credit Agreement.
Under the terms of the Credit Agreement and the Previous Credit Agreement, the Company must satisfy certain restrictive covenants including minimum financial ratios.
All loans under the Previous Credit Agreement were due on November 13, 2016.
All amounts due under the Previous Credit Agreement were reimbursed on August 31, 2021 including the repayment of the term loan of $1.5 million plus accrued interest.
The Letters of Credit issued or continued for the account of the Borrower under the Previous Credit Agreement and outstanding on the Third Restatement Effective Date (the “Existing Letters of Credit”) shall be Letters of Credit for all purposes of this Agreement and the other Loan Documents.