Term Debt Credit Agreement definition

Term Debt Credit Agreement means the credit agreement for such refinancing (as it may be amended, modified, supplemented, restated or replaced from time to time).

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Term Debt Credit Agreement means that certain Credit Agreement between UniTek Parent, Term Debt Agent and Term Debt Lenders, as it may be amended, modified, supplemented, restated or replaced from time to time; provided that, upon and after any Permitted Refinancing of the Term Debt Indebtedness, the term “Term Debt Credit Agreement” shall mean the credit agreement for such refinancing (as it may be amended, modified, supplemented, restated or replaced from time to time).

Term Debt Credit Agreement means that certain Debtor-in-Possession Credit Agreement, dated as of the date hereof among Borrower, Term Loan Agent, and the Loan Parties and Term Debt Lenders, as amended, restated, replaced or otherwise modified from time to time as permitted herein.

Examples of Term Debt Credit Agreement in a sentence

Lender shall have received (i) an amendment and consent to the Term Debt Credit Agreement, in form and substance satisfactory to Lender in its Permitted Discretion and duly executed by the parties named therein (the “Term Credit Agreement Amendment”), and such Term Credit Agreement Amendment shall be in full force and effect on the date hereof and (ii) evidence that Borrower has received the proceeds of the Add-On Term Loans.
An Event of Default under Section 10.11 of the Revolving Credit Agreement resulting from Unitek Parent’s failure to pay on the due date (or within the 5-day cure period thereunder) the monthly interest payment due on July 31, 2014, as required under Section 2.9(d) of the Term Debt Credit Agreement.
UniTek Parent is amending the Term Debt Credit Agreement pursuant to a Second Amendment and Limited Waiver to Credit Agreement, dated as of July 25, 2013, by and among UniTek Parent, the other Borrowers, Cerberus Business Finance, LLC, as administrative agent, and the Term Lenders party thereto (the “Term Debt Credit Agreement Amendment”).
Agent shall have received a copy of a fully executed amendment to the Term Debt Credit Agreement in form and substance reasonably satisfactory to Agent, which amendment shall be in full force and effect.
The Agent shall have received the Term Debt Credit Agreement Standstill Agreement, duly executed and delivered by the Borrowers, the Term Debt Creditors and the Term Debt Agent.
An Event of Default under Section 10.11 of the Revolving Credit Agreement resulting from the Borrower’s failure to comply with the “Consolidated Leverage Ratio” (as defined in the Term Debt Credit Agreement) covenant for the fiscal quarter ended June 30, 2014, as required under Section 6.1(a) of the Term Debt Credit Agreement.
The Agent and Lenders hereby irrevocably consent to the Modifications to the extent conflicting with the restrictions of Section 7.22 of the Revolving Credit Agreement (the “Waiver”), and after giving effect to the Waiver the limitations of Section 7.22 shall apply to amendments, modifications and waivers of the Term Debt Documents as amended by the Term Debt Credit Agreement Amendment.

More Definitions of Term Debt Credit Agreement

Term Debt Credit Agreement means that certain Loan and Security Agreement, dated as of September 3, 2014, by and among Borrower, Term Agent and the other financial institutions from time to time party thereto, as in effect on the date hereof or as it may be amended, modified or supplemented from time to time in accordance with the Term Debt Intercreditor Agreement.

Term Debt Credit Agreement means the credit agreement to be entered into by Reorganized SH 130 and the Holders of Allowed Senior Secured Claims on the Effective Date, the form of which shall be included in the Plan Supplement and the terms of which shall be substantially in accordance with the terms set forth in the Financing Term Sheet.