Prior Credit Facilities definition

Prior Credit Facilities means, collectively, (a) that certain Second Amended and Restated Credit Agreement, dated as of September 26, 1997, among Avnet, certain Subsidiaries of Avnet, the several financial institutions from time to time party thereto and Bank of America (successor in interest by merger with NationsBank, N.A.), as agent, as amended prior to the Closing Date, and (b) that certain 364-Day Credit Agreement, dated as of October 27, 2000, among Avnet, certain Subsidiaries of Avnet, the several financial institutions from time to time party thereto and Bank of America, as administrative agent, as amended prior to the Closing Date.

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Prior Credit Facilities means, collectively, the credit facilities made available under the Prior Credit Agreements.

Prior Credit Facilities means (i) the Five-Year Term Loan Agreement dated as of June 11, 2007 among the Borrower, the Administrative Agent and the other lenders party thereto and (ii) the Credit Agreement dated as of May 11, 2007, among the Borrower, the Administrative Agent and the other lenders and LC issuing banks party thereto, as the same may be amended or modified from time to time.

Examples of Prior Credit Facilities in a sentence

The Arranger shall have received evidence satisfactory to it that the Prior Credit Facilities shall have been terminated and all amounts payable thereunder shall have been paid in full.
It is acknowledged and agreed that the outstanding indebtedness and obligations evidenced by the Prior Credit Facilities are hereby renewed, extended and consolidated by this Agreement and the Other Loan Documents, and the Existing Security Interests, which are hereby respectively assigned by NationsBank and Hibernia to Agent for the benefit of Lenders, are renewed, extended and continued in full force and effect under the Security Agreement as security for the Obligations.
Borrowers and Lenders hereby agree that the commitments under the Prior Credit Facilities, and any related guaranties, shall terminate automatically upon and simultaneously with the effectiveness of this Agreement without further action by any party.
Borrower will not use the proceeds of the Initial Loans made hereunder for any purpose other than (a) to repay the Prior Credit Facilities, and (b) to pay a portion of the consideration payable in connection with the consummation of the Closing Date Acquisition and the Transaction Expenses on the Closing Date.
The Administrative Agent shall have received evidence satisfactory to it that the Prior Credit Facilities shall have been terminated and all amounts payable thereunder shall have been paid in full.

More Definitions of Prior Credit Facilities

Prior Credit Facilities the debt obligations referred to on Schedule 5.1(y).

Prior Credit Facilities means the Company's syndicated $90 million revolving facility and a $10 million operating facility, maturing on May 31, 2020, with a syndicate of financial institutions;

Prior Credit Facilities means that certain Second Amended and Restated Loan and Security Agreement, dated as of December 19, 2007, by and among ▇▇▇▇▇▇ Group Holdings LLC, certain of the ▇▇▇▇▇▇ Entities, the lenders from time to time party thereto and Capital One Leverage Finance Corporation, as agent (as amended or otherwise modified) and that certain Second Amended and Restated Second Lien Loan and Security Agreement, dated as of December 19, 2007, by and among ▇▇▇▇▇▇ Group Holdings LLC, certain of the ▇▇▇▇▇▇ Entities, the lenders from time to time party thereto and LBC Credit Partners, L.P., as agent (as amended or otherwise modified), in each case, together with all other instruments, documents and agreements relating thereto, in each case, as amended, supplemented or otherwise modified.

Prior Credit Facilities means, collectively, (a) that certain Amended and ----------------------- Restated Loan Agreement dated September 15, 1995, by and among NationsBank and ▇▇▇▇▇▇ Boats & Motors, Inc., ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Marine, Inc., ▇▇▇▇▇▇ Boating Center Arlington, Inc., Falcon Marine, Inc., Falcon Marine Abilene, Inc. and ▇▇▇▇▇▇ Boating Center Beaumont, Inc., as amended by that certain First Amendment to Loan Agreement dated July 31, 1996, (b) that certain Inventory Loan Agreement dated September 20, 1995, by and between TBC Arkansas, Inc. and Hibernia, (c) that certain Inventory Loan Agreement dated November 30, 1995, by and between ▇▇▇▇▇▇ Boating Center Louisiana, Inc. and Hibernia, (d) that certain Loan Agreement dated November 30, 1995, by and between ▇▇▇▇▇▇ Boating Center Louisiana, Inc. and Hibernia, (e) that certain Inventory Loan Agreement dated December 17, 1992, by and between ▇▇▇▇▇▇ Boats & Motors Baton Rouge, Inc. d/b/a Baton Rouge Boating Center and Hibernia, and (f) that certain Loan Agreement dated December 17, 1992, by and between ▇▇▇▇▇▇ Boats & Motors Baton Rouge, Inc. d/b/a Baton Rouge Boating Center and Hibernia, as each of the above have been renewed and extended from time to time.

Prior Credit Facilities means the credit facilities provided by the Bank to Royalties LP and Holdings LP in the amount of up to $97.0 million and having a five-year term scheduled to expire on January 24, 2025 pursuant to the Credit Agreement.

Prior Credit Facilities means, collectively, the credit facilities evidenced by or otherwise the subject of (a) that certain Third Amended and Restated Loan Agreement dated as of June 24, 1996, as amended, among Central Installment, as "Borrower", Parent as "Guarantor", the "Banks" party thereto, and Bank of America National Trust and Savings Association as "Agent," and (b) that certain Credit Agreement dated as of December 14, 1993, as amended, between Central Consumer and Well▇ ▇▇▇go.

Prior Credit Facilities means the Company’s pre-existing revolving bi-lateral credit facilities, which consisted of $313.0 million of committed revolving credit facilities and $292.2 million of uncommitted credit facilities, as well as a $50 million bulge credit facility.