Principal Credit Agreement definition

Principal Credit Agreement means the Current Credit Agreement; provided, that, if, as of any date, the Current Credit Agreement shall not be the credit facility of Homes Group with the largest aggregate amount of revolving commitments and revolving loans outstanding (or, if no revolving commitments or revolving loans are outstanding, the largest aggregate amount of commitments and loans outstanding), the Principal Credit Agreement shall be the credit facility of Homes with the largest aggregate amount of revolving commitments and revolving loans outstanding as of such date (or, if no revolving commitments or revolving loans are outstanding, the largest aggregate amount of commitments and loans outstanding).
Principal Credit Agreement means the Current Credit Agreement; provided, that, if, as of any date, the Current Credit Agreement shall not be the credit facility of Transportation Systems Group with the largest aggregate amount of revolving commitments and revolving loans outstanding (or, if no revolving commitments or revolving loans are outstanding, the largest aggregate amount of commitments and loans outstanding), the Principal Credit Agreement shall be the credit facility of Transportation Systems with the largest aggregate amount of revolving commitments and revolving loans outstanding as of such date (or, if no revolving commitments or revolving loans are outstanding, the largest aggregate amount of commitments and loans outstanding).
Principal Credit Agreement means, as of the date of the Indenture, the Current Credit Agreement and thereafter means the Current Credit Agreement or any successor credit agreement thereto (whether by renewal, replacement, refinancing or otherwise), as the same may be amended, supplemented or restated from time to time, and all guarantees, collateral documents and other instruments and agreements, if any, executed in connection therewith, in each case as the same may be amended supplemented or restated from time to time, that the Board of Directors of MAALP designates to be principal credit agreement of MAALP, taking into account the maximum principal amount of the credit facility provided thereunder, the recourse nature of the agreement and such other factors as MAALP deems reasonable in light of the circumstances, such designation (or the designation that at a given time there is no such principal credit agreement) to be made, reasonably and in good faith, by the Board of Directors of MAALP and evidenced by an Officer’s Certificate delivered by MAALP to the Trustee; provided, however, that none of the Credit Agreement dated as of June 1, 2006, by and among MAA and MAALP, as borrowers, and the Financial Federal Savings Bank, as lender, the Third Amended and Restated Master Credit Facility Agreement (MAA II), dated as of January 4, 2010, by and among MAA and MAALP, as borrowers, Prudential Multifamily Mortgage, Inc. (now known as Prudential Multifamily Mortgage, LLC), as lender, and the Federal National Mortgage Association, as amended, or the Master Credit Facility Agreement dated as of March 2, 2004, by and among MAA and MAALP, as borrowers, and Prudential Multifamily Mortgage, Inc. (now known as Prudential Multifamily Mortgage, LLC), as lender, in each case as may be amended, supplemented or restated from time to time, or any successor credit agreement to any of the foregoing (whether by renewal, replacement, refinancing or otherwise), as amended, supplemented or restated from time to time, may be designated to be the Principal Credit Agreement so long as neither such agreement nor any guarantees or other instruments or agreements, if any, executed in connection therewith includes any covenant or agreement that requires or, upon the occurrence of specified events or conditions, would require CRLP to Guaranty any Unsecured Debt of MAALP that is or may be outstanding thereunder.

Examples of Principal Credit Agreement in a sentence

  • To the extent not already provided under Section 2.10, Payor shall provide to the Claim Manager any financial statements and other information (in each case other than information regarding collateral matters) provided by Payor to the lenders under the Principal Credit Agreement or other Senior Indebtedness reasonably promptly after such information is required to be delivered to such lenders.

  • Notwithstanding the foregoing, any Person which becomes an assignee, successor or transferee to the Payee pursuant to this Section 4.7 shall accede to the Intercreditor Agreement (as defined in the Principal Credit Agreement) in its capacity as the “Honeywell Indemnitee” as defined thereunder.

  • While the nation does attempt to transcend differences – especially religious ones – its ambitions are limited to a particular people.

  • In the event that any additional Persons shall become a Restricted Subsidiary of Payor and a Loan Party under the Principal Credit Agreement (“New Loan Parties”), Payor shall promptly, and, in any event, within ten (10) Business Days after becoming a Loan Party under the Principal Credit Agreement, cause such New Loan Parties to enter into the Guarantee.

  • The characteristic features of civil law in this interpretation are that it: 1) belongs to the person who is a member of civil relations; 2) can be based both on legislative provisions and on the agreement of the parties, on customs, standards of morality, etc.; 3) is ensured by legal protection through public legal means (court, notary public, government agencies, etc.) regardless of the grounds of origin.


More Definitions of Principal Credit Agreement

Principal Credit Agreement means the Amended and Restated Credit Agreement, dated as of February 6, 2019, among the Issuer, as borrower, each of the lenders party thereto, and KeyBank National Association, as agent, as the same may be amended, supplemented or otherwise modified from time to time, and any successor credit agreement thereto (whether by renewal, replacement, refinancing or otherwise) that the Issuer in good faith designates to be the Issuer’s principal credit agreement (taking into account the maximum principal amount of the credit facility provided thereunder, the recourse nature of the agreement and such other factors as the Issuer deems reasonable in light of the circumstances), such designation (or the designation that at a given time there is no principal credit agreement) to be made by an Officers’ Certificate delivered to the Trustee.
Principal Credit Agreement means that certain Credit Agreement, dated as of July 30, 2001, by and among Vanguard, as borrower, the lenders from time to time party thereto, Bank of America, N.A., as Administrative Agent, and Wachovia Bank, National Association (formerly known as First Union National Bank) and General Electric Capital Corporation, as Co-Documentation Agents, as the same may be amended, modified, extended, renewed, replaced, restated, supplemented or refinanced from time to time, and includes any agreement extending the maturity of, refinancing or restructuring (including but not limited to including additional borrowers or guarantors or increasing the amount borrowed under such agreement) all or any portion of the indebtedness under such agreement or any successor agreements, whether or not with the same agent, trustee, representative lenders or holders, and all notes, guarantees, pledge agreements, security agreements, mortgages and other instruments, agreements, certificates or documents executed pursuant to any of the foregoing by Vanguard or by the Company.
Principal Credit Agreement means (a) in the case of the Parent Guarantor, (1) the Bank Credit Agreement and each successor loan or credit agreement constituting the Parent Guarantor’s primary bank credit facility, with the same or different group of lenders and agents, so long as any such agreement is in effect and as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time, (2) the Note Purchase Agreement dated as of April 19, 2012 by and among the Parent Guarantor and the purchasers listed on Schedule A thereto as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time and (3) the Note Purchase Agreement dated as of September 13, 2012 by and among the Parent Guarantor and the purchasers listed on Schedule A thereto as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time, and (b) in the case of the Company, (1) the primary bank credit facility or similar agreement pursuant to which debt for borrowed money shall be, or is permitted to be, incurred so long as such agreement is in effect and as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time and (2) the Note Purchase Agreement dated as of April 19, 2012 by and among the Parent Guarantor, the Company and the purchasers listed on Schedule A thereto as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time.
Principal Credit Agreement means (a) in the case of the Parent Guarantor, (1) the Bank Credit Agreement and each successor loan or credit agreement constituting the Parent Guarantor’s primary bank credit facility, with the same or different group of lenders and agents, so long as any such agreement is in effect and as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time, (2) the Note Purchase Agreement dated as of April 19, 2012 by and among the Parent Guarantor and the purchasers listed on Schedule A thereto as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time, (3) the Note Purchase Agreement dated as of September 13, 2012 by and among the Parent Guarantor and the purchasers listed on Schedule A thereto as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time and (4) the Note Purchase Agreement dated as of October 3, 2013 by and among the Parent Guarantor and the purchasers listed on Schedule A thereto as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time, and (b) in the case of the Company, (1) the primary bank credit facility or similar agreement pursuant to which debt for borrowed money shall be, or is permitted to be, incurred so long as such agreement is in effect and as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time, (2) the Note Purchase Agreement dated as of April 19, 2012 by and among the Parent Guarantor, the Company and the purchasers listed on Schedule A thereto as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time and (3) the Note Purchase Agreement dated as of October 3, 2013 by and among the Parent Guarantor, the Company and the purchasers listed on Schedule A thereto as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time.
Principal Credit Agreement means (a) the Bank Credit Agreement and (b) each successor loan or credit agreement constituting the Company’s primary bank credit facility, with the same or different group of lenders and agents, so long as any such agreement is in effect and as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time.
Principal Credit Agreement. (i) the Multi- Currency, Multi-Option Credit Agreement, dated as of September 30, 1994, among the Company, certain of its Subsidiaries, Chemical Securities Inc., as arranger, Nationsbank of North Carolina, N.A., as co-agent, and Chemical Bank, as administrative agent, together with all amendments, modifications, supplements and waivers thereof (collectively, the "Revolving Credit Agreement"), and (ii) if the Revolving Credit Agreement is no longer in effect, any other credit agreement or loan agreement which provides the Company and all or some of its Subsidiaries with their primary source of working capital borrowings.
Principal Credit Agreement means (a) in the case of the Parent Guarantor, (1) the Bank Credit Agreement and (2) each successor loan or credit agreement constituting the Parent Guarantor’s primary bank facility, with the same or different group of lenders and agents, so long as any such agreement is in effect and as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time, and (b) in the case of the Company, the primary bank credit facility or similar agreement pursuant to which debt for borrowed money shall be, or is permitted to be, incurred so long as such agreement is in effect and as it may be amended, supplemented, restated, refinanced, replaced or otherwise modified from time to time.