WF Credit Agreement definition

WF Credit Agreement means the credit agreement, as of the date of the Closing, for the WF Credit Facility, and regardless of whether such WF Credit Agreement, or any term thereof, subsequently lapses, is terminated, amended or modified, provided that the Corporation and the BBH Investors shall negotiate in good faith the applicability of any subsequent amendment or modification to the WF Credit Agreement to this Agreement in good faith, taking into account the passage of time and any changes in facts and circumstances as they relate to the Corporation and its Affiliates.

WF Credit Agreement means that certain Credit Agreement, dated as of March 17, 2003, entered into by and between Borrower and Xxxxx Fargo, as amended by that certain First Amendment to Credit Agreement, dated December 3, 2004, by and between Borrower and Xxxxx Fargo, as the same may be further amended, supplemented, waived or modified from time to time, pursuant to documents in form and substance satisfactory to Agent.”

WF Credit Agreement means the Loan and Security Agreement dated as of May 14, 2004, between the Company and Xxxxx Fargo Foothill, Inc., as lender, as the same may be amended in accordance with Section 10.24.

Examples of WF Credit Agreement in a sentence

• The WF Credit Agreement is guaranteed by all of the Company’s present and future subsidiaries, other than immaterial subsidiaries (as defined) and is secured by all of the assets of the Company.

• The Company is currently in compliance with all of the terms and conditions of its WF Credit Agreement, and management believes, based on its current financial projections, that the Company will be in compliance with the covenants over the next twelve months.

• In addition to paying interest on outstanding principal under the WF Credit Agreement, the Company is required to pay an unused revolver fee to the lender under the WF Credit Agreement in respect of unused commitments thereunder.

• Pursuant to this engagement, Distributor agrees to purchase the Product(s) from Supplier, and Supplier agrees to sell the Product(s) to Distributor when such Product(s) are ordered hereunder in accordance with the terms hereof.

• Following entry into the WF Credit Facility at Closing, the BBH Investors and the Corporation agree to negotiate in good faith to amend this paragraph to more accurately reflect the intended sections of the WF Credit Agreement and to agree on the sections of the WF Credit Agreement corresponding to Item (i) in the section titled “Negative Covenants” in Exhibit B of the WF Commitment Letter that will be Specified Escalation Event Actions.

• The WF Credit Agreement also contains financial covenants, including a senior leverage ratio, a total leverage ratio, a fixed charge coverage ratio, a minimum receivables level, and a minimum earnings level, as defined.

• The WF Credit Agreement replaced the Company’s prior $185,000 senior secured financing agreement with Fortress Credit Corp., as collateral agent, and Wells Fargo Foothill, Inc., as administrative agent.

• The Borrowers hereby consent, pursuant to Section 13.1(a)(i) of the WF Credit Agreement, to the assignments set forth in this Assignment.

• The WF Credit Agreement replaced the Company’s existing $185,000 senior secured financing agreement with Fortress Credit Corp., as collateral agent, and Wells Fargo Foothill, Inc., as administrative agent.Advances under the WF Credit Agreement bear interest as follows: (a)(i) LIBOR Rate Loans bear interest at the LIBOR Rate and (ii) Base Rate Loans bear interest at the Base Rate, plus (b) an applicable margin.

• The WF Credit Agreement replaced the Company’s existing $185,000 senior secured financing agreement with Fortress Credit Corp., as collateral agent, and Wells Fargo Foothill, Inc., as administrative agent.

More Definitions of WF Credit Agreement

WF Credit Agreement means that certain Credit Agreement dated as of August 29, 2022, among Westrock Beverage Solutions, LLC, as the borrower, the Corporation, the lenders and issuing banks party thereto, and Wxxxx Fargo Bank, N.A., as administrative agent, collateral agent and swingline lender, as amended by the Incremental Assumption Agreement and Amendment No. 1 dated as of February 14, 2023, and regardless of whether such WF Credit Agreement, or any term thereof, subsequently lapses, is terminated, amended or modified, provided that the Corporation and the BBH Investors shall negotiate in good faith the applicability of any subsequent amendment or modification to the WF Credit Agreement to this Agreement in good faith, taking into account the passage of time and any changes in facts and circumstances as they relate to the Corporation and its Affiliates.

WF Credit Agreement means the Amended and Restated Credit Agreement dated as of July 15, 2008, between Borrower, the WF Lenders, and Wells Fargo Bank, National Association, as administrative agent and swing line lender

WF Credit Agreement means the Amended and Restated Credit Agreement dated as of July 15, 2008, between Borrower, the WF Lenders, and Xxxxx Fargo Bank, National Association, as administrative agent and swing line lender

WF Credit Agreement means that certain Second Amended and Restated Credit Agreement, dated as of August 10, 2023, by and among Borrower, Holdings, Rosewood and any borrower which may join in the WF Credit Agreement after the date thereof, whether by execution of a joinder to the Credit Agreement or otherwise, as amended by that certain Letter Agreement dated as of September 29, 2023, the certain Letter Agreement dated as of October 20, 2023, that certain First Amendment to Second Amended and Restated Credit Agreement dated as of December 22, 2023, that certain Second Amendment to Second Amended and Restated Credit Agreement dated as of January 26, 2024 and that certain Third Amendment to Second Amended and Restated Credit Agreement and Omnibus Amendment to Loan Documents dated as of August 2, 2024, as amended, and as the same may be further amended, restated, modified or supplemented in accordance with Section 7.19.