Examples of Xxxxxx Credit Facility in a sentence
The Company will not, directly or indirectly, Incur, or suffer to exist, any Indebtedness that by its terms would expressly rank senior in right of payment to the Securities and subordinate in right of payment to any other Indebtedness of the Company other than the XX Xxxxxx Credit Facility.
The Subsidiary Guarantees shall in all respects rank pari passu with all other Guarantor Senior Subordinated Indebtedness of a Guarantor other than that related to the XX Xxxxxx Credit Facility, and only Indebtedness of a Guarantor which is Guarantor Senior Indebtedness will rank senior to the Securities and the Subsidiary Guarantees in accordance with the provisions set forth herein.
The termination date for the Xxxxxx Credit Facility is May 19, 2010, at which time any outstanding principal balance becomes due.
The parties hereto acknowledge and agree that the execution and delivery of this Agreement by Xxxxxx shall not be construed as a commitment or obligation by Xxxxxx or any other financial institution to enter into the Xxxxxx Credit Facility or to make the loans contemplated thereby.
On or prior to October 26, 2014, (or such extended period as agreed to by the Administrative Agent in its sole discretion), use reasonable best efforts to cause Xxxxxx to amend, refinance or otherwise modify the Xxxxxx Credit Facility to permit dividends to be paid by Xxxxxx to Borrower subject to customary restrictions reasonably satisfactory to the Administrative Agent.