Priming Facility Credit Agreement definition

Priming Facility Credit Agreement means the agreement dated as of December 28, 2020 among the Principal Seller, GTT Communications, the lenders party thereto and Delaware Trust Company, as administrative agent and collateral agent, as amended, amended and restated, supplemented, waived or otherwise modified from time to time;
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Priming Facility Credit Agreement means that certain Priming Facility Credit Agreement, dated as of the Amendment No. 4 Effective Date (as amended, amended and restated, waived, supplemented or otherwise modified from time to time), by and among the U.S. Borrower, the EMEA Borrower, the lenders party thereto from time to time and Delaware Trust Company, as administrative agent (the “Priming Facility Administrative Agent”). “Priming Facility Intercreditor Agreement” means that certain Super-Priority Intercreditor Agreement, dated as of the Amendment No. 4 Effective Date (as amended, amended and restated, waived, supplemented or otherwise modified from time to time), by and among the Priming Facility Administrative Agent, as the Senior Administrative Agent, and the Administrative Agent, as Revolving and Term Loan Administrative Agent.
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Priming Facility Credit Agreement meanss that certain Priming Term Loan Credit Agreement, dated as of the date hereof, by and among the Borrower, Holdings, the Priming Facility Agent, and the lenders party thereto, as may be amended, restated, amended and restated, amended and extended, supplemented or modified from time to time, in each case, in accordance with the terms hereof and thereof and the Subordination Agreement. Any reference to the Priming Facility Credit Agreement hereunder shall be deemed a reference to any Priming Facility Credit Agreement then in existence.
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Examples of Priming Facility Credit Agreement in a sentence

  • The EMEA Borrower shall have entered into an amendment to the Priming Facility Credit Agreement substantially in the form of Exhibit B hereto.

  • The Required Lenders (as defined in the Priming Facility Credit Agreement) shall have entered into the Sixth Amendment to Priming Facility Credit Agreement, which, among other things, shall have extended the date “August 3, 2021” in each of Section 6.01(a) and (b) of the Priming Facility Credit Agreement to “August 17, 2021”.

  • The Consenting Noteholders hereby consent to the extension of the date “July 27, 2021” set forth in the first sentence of each of Section 6.01(a) and Section 6.01(b) of the Priming Facility Credit Agreement to August 3, 2021 (the “PTL Extension”), and each reference to the “Priming Facility Credit Agreement” in the Forbearance Agreement shall mean the Priming Facility Credit Agreement as amended by the PTL Extension (and any prior amendments).

  • The Consenting Noteholders hereby consent to the amendments contained in Section 1 of that certain Third Amendment to Priming Facility Credit Agreement, dated as of May 10, 2021 (the “Third Amendment”), among the Issuer, GTT B.V., the lenders party thereto and the Agent, and each reference to the “Priming Facility Credit Agreement” in the Forbearance Agreement shall mean the Priming Facility Credit Agreement as amended by the Third Amendment.

  • The Consenting Noteholders hereby consent to the extension of the date “June 28, 2021” set forth in the first sentence of each of Section 6.01(a) and Section 6.01(b) of the Priming Facility Credit Agreement to July 6, 2021 (the “PTL Extension”), and each reference to the “Priming Facility Credit Agreement” in the Forbearance Agreement shall mean the Priming Facility Credit Agreement as amended by the PTL Extension.

  • The Consenting Noteholders hereby consent to the amendments contained in Section 1 of that certain Second Amendment to Priming Facility Credit Agreement, dated as of March 29, 2021 (the “Second Amendment”), among the Issuer, GTT B.V., the lenders party thereto and the Agent, and each reference to the “Priming Facility Credit Agreement” in the Forbearance Agreement shall mean the Priming Facility Credit Agreement as amended by the Second Amendment.

  • Until the Board determines that the constitution or reconstitution of the Committee is no longer necessary, appropriate or advisable, all vacancies on the Committee shall be filled by a majority vote of the Board subject to the requirements set forth in Section 6.16(c) of the Priming Facility Credit Agreement.

  • The Required Lenders (as defined in the Priming Facility Credit Agreement) shall have provided written consent (which may be evidenced by email from counsel) to the extension of the date “June 28, 2021” in each of Section 6.01(a) and (b) of the Priming Facility Credit Agreement to “July 6, 2021”.

  • The Forbearing Noteholders hereby consent to the amendments contained in Section 1 of that certain Seventh Amendment to Priming Facility Credit Agreement, dated as of September 1, 2021 (the “Seventh Amendment”), among the Issuer, GTT Communications B.V., the lenders party thereto and Delaware Trust Company, as administrative agent, and any reference to the “Priming Facility Credit Agreement” in the this Agreement shall mean the Priming Facility Credit Agreement as amended by the Seventh Amendment.

  • Any member who has served on the Committee since its creation but resigns from the Committee in accordance with the Company’s Priming Facility Credit Agreement shall be compensated as if he/she continued to serve on the Committee for the duration of the Committee’s existence (provided that such compensation shall not be paid for more than six months after his/her resignation).


More Definitions of Priming Facility Credit Agreement

Priming Facility Credit Agreement means that certain Priming Facility Credit Agreement, dated as of December 28, 2020 (as amended, restated, waived, supplemented, replaced, or otherwise modified from time to time in accordance with its terms), by and among the Parent, the EMEA Borrower, the Priming Facility Lenders, and the Priming Facility Agent.
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Priming Facility Credit Agreement in the Second Noteholder Forbearance Agreement shall mean the Amended Credit Agreement. For the avoidance of doubt, the reference to Section 6.16(c) of the Priming Facility Credit Agreement in Section 7(c)(ii) of the Second Noteholder Forbearance Agreement shall reference Section 6.16(c) of the Amended Credit Agreement.
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Related to Priming Facility Credit Agreement

  • Exit Facility Credit Agreement means the credit agreement, 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 Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support 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.

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

  • DIP Credit Agreement means that certain senior secured superpriority debtor-in-possession credit agreement, dated September 25, 2020, as amended, supplemented, amended and restated, supplemented or modified from time to time, by and among the Debtors, the DIP Agent, and the DIP Lenders, as approved by the DIP Order.

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • 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.

  • 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.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • 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.

  • Term Credit Agreement shall have the meaning assigned to that term in the recitals to this Agreement and shall include any one or more other agreements, indentures or facilities extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, trustee, lender, group of lenders, creditor or group of creditors and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • 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.

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • New Credit Facility is defined in Section 9.8.

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • 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.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.