Trust Fund Credit Agreement definition

Trust Fund Credit Agreement means this Trust Fund Credit Agreement to which these General Conditions are made applicable.

Examples of Trust Fund Credit Agreement in a sentence

  • Notwithstanding any cancellation or suspension, all the provisions of this Trust Fund Credit Agreement shall continue in full force and effect except as specifically provided in this Article.

  • The Borrower shall furnish to the Administrator sufficient evidence of the authority of the person or persons who will, on behalf of the Borrower, take any action or execute any documents required or permitted to be taken or executed by the Borrower under this Trust Fund Credit Agreement, and the authenticated specimen signature of each such person.

  • The Borrower shall pay a service charge on the amount of the Credit withdrawn and outstanding from time to time at the rate specified in this Trust Fund Credit Agreement.

  • Each application and the accompanying documents and other evidence must be sufficient in form and substance to satisfy the Administrator that the Borrower is entitled to withdraw from the Credit Account the amount applied for and that the amount to be withdrawn from the Credit Account is to be used only for the purposes specified in this Trust Fund Credit Agreement.

  • The Borrower shall be entitled to withdraw from the Credit Account amounts expended or, if the Administrator shall so agree, amounts to be expended for the Project in accordance with the provisions of this Trust Fund Credit Agreement and of these General Conditions.

  • If this Trust Fund Credit Agreement shall not have entered into effect by the date specified therein for the purposes of this Section, this Trust Fund Credit Agreement and all obligations of the parties thereunder shall terminate, unless the Administrator, after consideration of the reasons for the delay, shall establish a later date for the purposes of this Section.

  • Any such award rendered in accordance with the provisions of this Section shall be final and binding upon the parties to this Trust Fund Credit Agreement.

  • The parties to this Trust Fund Credit Agreement waive any and all other requirements for the service of any such notice or process.

  • To that end, if the amount of any taxes levied on or in respect of any item to be financed out of the proceeds of the Credit decreases or increases, the Administrator may, by notice to the Borrower, increase or decrease the percentage for withdrawal set forth or referred to in respect of such item in this Trust Fund Credit Agreement as required to be consistent with such policy of the Administrator.

  • Whenever it shall be necessary for the purposes of this Trust Fund Credit Agreement to determine the value of one currency in terms of another, such value shall be as reasonably determined by the Administrator.

Related to Trust Fund Credit Agreement

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • ABL Credit Agreement as defined in the recitals hereto.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Original Closing Date, among Holdings, the Borrower, as borrower, the lenders party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent, as such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.