Subsidiary Credit Agreements definition

Subsidiary Credit Agreements means said agreements collectively; and “Subsidiary Credit” means a credit to be made out of the proceeds of the Credit provided to each Entity under a Subsidiary Credit Agreement.

Subsidiary Credit Agreements the Credit Agreements, dated as of the date hereof, each by and among an Existing Utility Subsidiary, the Administrative Agent and the Lenders.

Subsidiary Credit Agreements means the agreements to be entered into between the Borrower and each of the Participating States pursuant to Section 3.01 (c) and Schedule 5 of this Agreement, as the same may be amended from time to time with the prior consent of the Association, and such term includes all schedules to each of the Subsidiary Credit Agreements;

Examples of Subsidiary Credit Agreements in a sentence

• For the avoidance of doubt, it is understood and agreed that (i) this Section 7.4 shall not relieve the Borrower from complying with Section 6.8(b) and (ii) dispositions by any Existing Utility Subsidiary of its transmission assets permitted pursuant to the Subsidiary Credit Agreements shall not constitute a disposition of all or substantially all of the assets of the Borrower.

• If the Proposed Amendment (as defined below) is obtained, the Borrower will obtain Designated Additional Term A-1 Loans in an aggregate principal amount of up to $700,000,000 and Designated Additional Term B Loans in an aggregate principal amount of up to $500,000,000 which funds will be used to fund the Self Tender and Affiliate Purchase, repay in full the Subsidiary Credit Agreements and pay Transaction Costs.

• The proceeds of the Term Facilities will be used by the Borrower, on the date of the borrowing under the Term Facilities (the “Closing Date”) (provided that up to $575,000,000 of the Term A Facility may be drawn in a second drawing on a date up to three weeks following the Closing Date) solely (a) to repay in full and terminate the Existing Credit Agreement and the Subsidiary Credit Agreements, (b) to fund the Self Tender and Affiliate Purchase and (c) to pay the Transaction Costs.

• The following is specified as an additional matter, within the meaning of Section 12.02 (b) of the General Conditions, to be included in the opinion or opinions to be furnished to the Association, namely, that the Subsidiary Credit Agreements have been duly authorized or ratified by the Borrower and the Participating States and are legally binding upon the Borrower and the Participating States in accordance with their terms.

• The Borrower shall exercise its rights under the Subsidiary Credit Agreements in such a manner as to protect the interests of the Borrower and the Association and to accomplish the purposes of the Program, and, except as the Association shall otherwise agree, the Borrower shall not assign, amend, abrogate or waive the Subsidiary Credit Agreements or any provision thereof.

More Definitions of Subsidiary Credit Agreements

Subsidiary Credit Agreements means those certain separate Third Amended and Restated Credit Agreements, each dated as of June 7, 2019, among, inter alios, each of the Existing Utility Subsidiaries and JPMorgan Chase Bank, N.A., as Administrative Agent and the lenders party thereto from time to time.

Subsidiary Credit Agreements means, collectively, the Federation Subsidiary Credit Agreement and the RS Subsidiary Credit Agreement.

Subsidiary Credit Agreements means (i) that certain Credit Agreement, dated as of the date hereof, among Wisconsin Gas LLC, a Wisconsin limited liability company, the lenders party thereto, Citibank, N.A., as administrative agent, and U.S. Bank National Association, as Fronting Bank, and (ii) that certain Credit Agreement, dated as of the date hereof, among Wisconsin Electric Power Company, a Wisconsin corporation, the lenders party thereto and U.S. Bank National Association, as administrative agent and as fronting bank, as each may be amended, restated, supplemented or modified.

Subsidiary Credit Agreements means said agreements collectively.

Subsidiary Credit Agreements shall have the meaning set forth in the preamble hereto.

Subsidiary Credit Agreements means collectively the subsidiary credit agreements entered or to be entered into between the Borrower and MR and the Borrower and MB pursuant to Section 3.01

Subsidiary Credit Agreements means the (i) $225 million loan agreement dated as of July 9, 2003 among Norwegian Sun Limited and a syndicate of lenders; (ii) $626,922,000 secured loan agreement dated as of June 26, 1999 among Norwegian Star Limited and Norwegian Dawn Limited, as borrowers, NCL Corporation Ltd., as guarantor, and a xxxdicate of lenders; (iii) secured loan agreements dated as of April 4, 2003, among Ship Holding LLC and a syndicate of lenders for the equivalent amount in U.S. dollars of respectively (euro)258 million and (euro)40 million; (iv) $334,050,000 secured loan agreement dated April 20, 2004 among Hull 667 Limited and a syndicate of lenders; and (v) (euro)308,130,000 secured loan agreement dated April 20, 2004 among Ship Ventures Inc. and a syndicate of lenders; each as the same may be amended, supplemented, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time, including to permit an increase in borrowings thereunder.