Replaced Credit Facility definition
Examples of Replaced Credit Facility in a sentence
Since the date of the Financial Statements, other than paying in full all Indebtedness under and terminating the Replaced Credit Facility and borrowing with respect to the Existing Loan, the Borrower has conducted its business only in the ordinary course and there has been no Material Adverse Change.
On the date of this Agreement, the rights and obligations of the parties hereto evidenced by the Replaced Credit Facility shall be evidenced by this Agreement and the other Loan Documents, the “Loans” as defined in the Replaced Credit Facility shall remain outstanding and be continued as, and converted to, Loans as defined herein and shall bear interest and be subject to such other fees as set forth in this Agreement.
On the date of this Agreement, the rights and obligations of the parties hereto evidenced by the Replaced Credit Facility shall be evidenced by this Agreement and the other Loan Documents and the “Loans” as defined in the Replaced Credit Facility shall remain outstanding and be continued as, and converted to, Loans as defined herein.