Successor Credit Agreement definition

Successor Credit Agreement means any successor to, substitute for or replacement of the Credit Agreement.

Successor Credit Agreement means any replacement, refinancing or restructuring of the Credit Agreement then in effect; provided that each Successor Lender thereunder or an agent duly authorized to act on behalf of all such Successor Lenders has executed a joinder to this Agreement and delivered same to the Collateral Agent in compliance with Section 22 hereof.

Successor Credit Agreement means any replacement, refinancing or restructuring of the Credit Agreement in effect on the date hereof; provided that each Successor Bank thereunder or any agent acting on behalf of all such Successor Bank has executed an acknowledgement to this Agreement in the form attached hereto as Exhibit B.

Examples of Successor Credit Agreement in a sentence

• USR and Bank of America (together with any Successor Lenders (as hereinafter defined) party thereto from time to time, the "Lenders"), have entered into the First Amended and Restated Credit Agreement dated as of August 11, 1995 (said agreement, as it may hereafter be amended, restated or otherwise modified from time to time (the "Existing Credit Agreement") and together with any Successor Credit Agreement, as hereinafter defined, the "Credit Agreement").

• The undersigned Secured Party and Guarantied Party has entered into a Successor Credit Agreement with the Company pursuant to which Indebtedness thereunder is to be secured by the Pledge Agreements and guarantied under the Loan Guaranty.

• By executing and delivering this Acknowledgment, the undersigned [agent on behalf of the Successor Banks which are parties to a Successor Credit Agreement] [Successor Bank which is a party to a Successor Credit Agreement] hereby agrees [, on its behalf and on behalf of such Successor Banks,] to be bound by all the terms and provisions of the Intercreditor Agreement.

• The undersigned [Successor Lender] [Successor Agent] [Interest Rate Exchanger] has entered into the [Successor Credit Agreement] [Lender Interest Rate Agreement] described below with Company and/or one or more of its Subsidiaries [and the Successor Lenders represented by such Successor Agent], and the undersigned desires that the [Successor Credit Agreement Obligations] [Interest Rate Obligations] thereunder be guarantied under the Subsidiary Guaranty and secured by the Collateral.

• SCHEDULE B Form of Acknowledgment to Intercreditor Agreement for Successor Lenders under a Successor Credit Agreement Reference is hereby made to the Intercreditor Agreement dated as of April 1, 2003 (the "Agreement"), attached hereto as Exhibit I, among the Lenders party to the 2003 Credit Agreement and the Noteholders party thereto.

• The undersigned Secured Party and Guarantied Party has entered into a Successor Credit Agreement with the Company pursuant to which Indebtedness thereunder is to be secured by the Pledge Agreements and guarantied under the Guaranties.

More Definitions of Successor Credit Agreement

Successor Credit Agreement means any credit or loan agreement providing for loans to be made by a syndicate of lenders that have appointed a commercial bank to act as their agent thereunder, where all or a portion of the proceeds of such loans are used to refinance or refund the indebtedness of the Company under the Credit Agreement. From and after the date any Successor Credit Agreement is entered into and the proceeds of any borrowing thereunder are used to pay all obligations of the Company under the predecessor Credit Agreement then outstanding (and the commitments of the lenders thereunder to provide further credit shall have expired or been terminated and either any letters of credit issued thereunder shall have expired or been terminated or the Company’s obligations with respect to any such letters of credit shall have been released thereunder and reinstated under such Successor Credit Agreement), such Successor Credit Agreement shall be deemed to be the Credit Agreement for all purposes hereof.

Successor Credit Agreement means (i) any Bank Credit Agreement other than the Wachovia Credit Agreement as amended, restated or modified, PROVIDED that such amendment, restatement or modification does not change the principal amount or extend the maturity date thereof and (ii) any extension or renewal of the Wachovia Credit Agreement.

Successor Credit Agreement means a Qualifying Credit Agreement determined to be a Successor Credit Agreement pursuant to Section 2.30(i) or Section 2.30(k).

Successor Credit Agreement shall have the meaning set forth in Section 3.2(e).