Priority Credit Agreement definition

Priority Credit Agreement means the Fifth Amended and Restated Credit Agreement, dated as of November 8, 2013, among W&T as borrower, the Original Priority Lien Agent, the lenders party thereto from time to time and the other agents named therein, as amended, restated, adjusted, waived, renewed, extended, supplemented or otherwise modified from time to time with the same and/or different lenders and/or agents and any credit agreement, loan agreement, note agreement, promissory note, indenture or any other agreement or instrument evidencing or governing the terms of any Priority Substitute Credit Facility.

Priority Credit Agreement means the Credit Agreement, dated as of January 28, 2025, among W&T as borrower, the Original Priority Lien Agent, the lenders party thereto from time to time and the other agents named therein, as amended, restated, amended and restated, adjusted, waived, renewed, extended, supplemented or otherwise modified from time to time with the same and/or different lenders and/or agents and any credit agreement, loan agreement, note agreement, promissory note, indenture or any other agreement or instrument evidencing or governing the terms of any Priority Substitute Credit Facility.

Priority Credit Agreement means that certain Second Amended and Restated Credit Agreement, dated as of May 14, 2019, by and among the Company, as borrower, the Parent Guarantor, the Original Priority Lien Agent, and the other lenders party thereto, as such agreement, in whole or in part, in one or more instances, may be amended, restated, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified from time to time (including, without limitation, any successive amendments, restatements, renewals, extensions, substitutions, foregoing) and any credit agreement, loan agreement, note agreement, promissory note, indenture or any other agreement or instrument evidencing or governing the terms of any Priority Substitute Credit Facility.

Examples of Priority Credit Agreement in a sentence

• The Company and the other Grantors have secured (or intend to secure) their Obligations under the Term Loan Facility, any Additional Priority Debt, the Super Priority Credit Agreement, and certain Hedging Agreements, with Liens on all present and future Collateral to the extent that such Liens have been provided for in the applicable Security Documents.

• As between the Grantors and the Collateral Agent, the second paragraph of Section 10.03(a) of the Super Priority Credit Agreement and the second paragraph of Section 12.03(a) of the Term Loan Agreement are incorporated herein by reference as though fully set forth herein, and shall remain in full force and effect regardless of whether the Super Priority Credit Agreement or the Term Loan Agreement, as applicable has been terminated.

• Reference is made to (a) the Priority Credit Agreement (defined below) and (b) the Second Lien Indenture (defined below) governing the Second Lien Notes (defined below).

• The Company, TCB, as agent, and the lenders party thereto have entered into the Super Priority Credit Agreement (as defined below), which will be First-Out Debt (as defined below) for purposes of this Agreement.

• Each of the Priority Lien Agent, the Second Lien Collateral Trustee and the Third Lien Collateral Trustee represents and warrants to the other parties hereto that it is authorized under the Priority Credit Agreement, the Second Lien Collateral Trust Agreement and the Third Lien Collateral Trust Agreement, as the case may be, to enter into this Agreement.

More Definitions of Priority Credit Agreement

Priority Credit Agreement means each of the Revolving Credit Agreement and the Term Loan Credit Agreement.

Priority Credit Agreement means the Priority Credit Agreement, dated as of August 23, 2024, by and among Edgio, Inc., as the borrower, and Lynrock Lake Master Fund LP, as the lender, as may be amended, restated, modified and/or supplemented from time to time.

Priority Credit Agreement has the meaning assigned to such term in the recitals hereto.

Priority Credit Agreement means (a) the Credit Agreement dated as of March 4, 2015, among Xxxxxxxx, as Borrower, the Lenders party thereto from time to time and Bank of Montreal, as Administrative Agent, as amended, restated, amended and restated, adjusted, waived, renewed, extended, increased, supplemented or otherwise Replaced from time to time with the same and/or different lenders (who, for the avoidance of doubt, must be (i) lenders party to the Priority Credit Agreement on the date hereof, (ii) commercial bank lenders, (iii) investment banks, or (iv) Affiliates of Persons described in the foregoing clauses (i), (ii) and (iii), which, in each case, regularly participate in reserve based credit facilities) (such Replaced credit facility, a “Refinancing Priority Credit Agreement”) and/or agents and (b) any credit agreement, loan agreement or any other agreement or instrument evidencing or governing the terms of any Priority Substitute Credit Facility.

Priority Credit Agreement means the Credit Agreement dated as of August 10, 2015, among Holdings, Borrower, the Original Priority Lien Agent, the lenders party thereto from time to time and the other agents named therein, as amended by that certain Amendment to Credit Agreement dated as of August 24, 2015, that certain Second Amendment to Credit Agreement dated as of January 20, 2016 and that certain Third Amendment to Credit Agreement dated as of March 30, 2016 and as further amended, restated, adjusted, waived, renewed, extended, supplemented or otherwise modified from time to time with the same and/or different lenders and/or agents and any credit agreement, loan agreement, note agreement, promissory note, indenture or any other agreement or instrument evidencing or governing the terms of any Priority Substitute Credit Facility.

Priority Credit Agreement means the Second Amended and Restated First Lien Credit Agreement, dated as of May 5, 2011, among EXXI and EPL as borrowers, the Original Priority Lien Agent, the lenders party thereto from time to time and the other agents named therein, as amended, restated, adjusted, waived, renewed, extended, supplemented or otherwise modified from time to time with the same and/or different lenders and/or agents and any credit agreement, loan agreement, note agreement, promissory note, indenture or any other agreement or instrument evidencing or governing the terms of any Priority Substitute Facility.

Priority Credit Agreement means the Priority Credit and Reimbursement Agreement dated as of December 4, 2002, among the Company, the Owner, Citibank, N.A., as Priority L/C Issuer, the Priority Lenders party thereto, the Administrative Agent and Citibank, N.A., as Priority Agent thereunder. "Priority L/C" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority L/C Account" has the meaning set forth in Section 1.1 of the Security Deposit Agreement. "Priority L/C Issuer" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority L/C Reimbursement Obligations" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Lenders" means the lenders party to the Priority Credit Agreement as "Priority Lenders". "Priority Loans" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Maturity Date" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Notes" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Obligations" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Priority Scheduled Debt Service" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Proposed DIP Facility Agreement" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Required Priority Lenders" has the meaning set forth in Section 1.1 of the Priority Credit Agreement. "Residual Loans" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Revenue Account Waterfall" means the cash waterfall set forth in Section 5.1 of the Security Deposit Agreement. "Roll-Up Loans" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Second Omnibus Restructuring Agreement" means the Second Omnibus Restructuring Agreement dated as of December 4, 2002, among the Company, the Owner, the Trustee, the Trust Company, each Tranche A Lender, each Tranche B Lender, each Interest Hedge Party, the DSR/RCE L/C Issuer, the Working Capital L/C Issuer, the Administrative Agent, the Security Agent, the Priority Lenders, Citibank, N.A., as Priority Agent and NEG. "Settlement Amounts" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Tranche A Settlement Amounts" has the meaning set forth in Section 1.01 of the Second Omnibus Restructuring Agreement. "Tranche B Settlement Amounts" has the me...