Prior Agents definition

Prior Agents means (i) Bank of New York Mellon, as successor administrative agent under the Prepetition ABL Agreement and (ii) Wilmington Trust FSB, as successor administrative agent under the Prepetition Term Loan Agreement.

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Prior Agents means the Administrative Agent and the Lead Arranger, as each such term is defined in the Prior Credit Agreement.

Prior Agents means, collectively: (a) JPMorgan Chase Bank, N.A., in its capacity as the prior administrative agent under the Existing Loan Documents, (b) Citibank Global Markets Inc., it its capacity as the syndication agent under the Existing Loan Documents,

Examples of Prior Agents in a sentence

• Prior Agents and Prior Lenders shall have executed and delivered assignment documents, in form and substance satisfactory to Administrative Agent, evidencing the assignment by Prior Agents and Prior Lenders to Collateral Agent and Lenders, respectively, of all security interests, Liens and mortgages granted by Loan Parties to Prior Agents and Prior Lenders under the Pre-Petition Credit Agreement and the other Pre-Petition Loan Documents (“Assignment Documentation”).

• The Agent hereby succeeds to and becomes vested with all the rights, powers, privileges and duties of the Prior Agent (including, without limitation, in the Prior Agent's capacity as Mortgagee, as defined in the Mortgage), and, except for the matters provided for in the last sentence of subsections 1(b) and Section 4 hereof, the Prior Agent is hereby discharged and released from its duties and obligations under the Credit Agreement and the Collateral Security Documents as of the date of this Agreement.

• Each of the Agents and Prior Agents and the Company and the Operating Partnership (on their behalf and, to the extent permitted by applicable law, on behalf of their stockholders and affiliates) waive all right to trial by jury in any action, proceeding or counterclaim (whether based upon contract, tort or otherwise) in any way arising out of or relating to this Amendment.

• The Agent shall have received a payoff letter from the agents under the Prior Credit Agreement (the "Prior Agents") indicating the amount of the loan obligations of the Borrowers to the Prior Agents and the Prior Lenders to be discharged on the Closing Date and an acknowledgment by such Prior Agents that upon receipt of such funds such Prior Credit Agreement shall be terminated in its entirety.

• The Agent shall have received a payoff letter from BankBoston, N.A. and NationsBank of Texas, N.A. (the "Prior Agents"), indicating the amount of the loan obligations of the Borrower to certain lenders party to a certain Amended and Restated Revolving Credit Agreement dated as May 5, 1997 among the Borrower, the Prior Agents and the lenders party thereto (the "Prior Agreement") to be discharged on the Closing Date.

• Agent shall have received fully executed original pay-off letters reasonably satisfactory to Agent confirming that the Prior Lender Obligations will be repaid from the proceeds of the Term Loans and the other Related Transactions and all Liens upon any of the property of Borrower or any of its Subsidiaries in favor of Prior Agents or any Prior Lender shall be terminated by such Person immediately upon such payment.

• No Loan Party shall request that the U.S. Bankruptcy Court modify or amend the Cash Management Order, as applicable, or the Cash Management System or the right of the Administrative Agents or the Collateral Agents under any Control Agreements as successors in interest to the Prior Agents under and as defined in the Pre-Petition Credit Agreement, in each case, without the prior written consent of the applicable Collateral Agent.

• Agent shall have received fully executed original pay-off letters reasonably satisfactory to Agent confirming that the Prior Lender Obligations will be repaid from the proceeds of the Term Loans (as defined in the Term Loan Credit Agreement) and the other Related Transactions and all Liens upon any of the property of Borrowers or any of their Subsidiaries in favor of Prior Agents or any Prior Lender shall be terminated by such Person immediately upon such payment.

• Company, the Prior Lenders (as defined below), the Guarantors (as defined below) and the Prior Agents (as defined below) entered into that certain Credit and Security Agreement dated June 28, 2001 (as may be amended, the "Prior Credit Agreement"), pursuant to which the Prior Lenders agreed to extend certain facilities to Company.

• Railcar Amrock Trust, Transamerica Equipment Financial Service Corporation and the Agent shall have entered into a Creditor-Lessor Agreement which shall be substantially similar to the Creditor-Lessor Agreement dated December 11, 2000 among Railcar Amrock Trust, Transamerica Financial Services Corporation and the Prior Agents.

More Definitions of Prior Agents

Prior Agents means, collectively, the Prior Agent and the Prior Canadian Agent.

Prior Agents means the Administrative Agent and the Collateral Agent (each as defined in the Pre-Petition Credit Agreement).