Examples of Revolver Loan Agreement in a sentence
The applicable Obligor shall be the sole account holder of each Deposit Account and shall not allow any other Person (other than Agent and Bank of America, N.A., as lender under the Revolver Loan Agreement) to have control over a Deposit Account or any Property deposited therein.
The consent of the Agent and Lenders to the Revolver Loan Agreement Amendment shall also constitute requisite consent under Section 5.2(b) of the Intercreditor Agreement, to the amendments to the Revolver Loan Agreement described in the Revolver Loan Agreement Amendment.
Borrowers shall have delivered to the Agent the Revolver Loan Agreement, and the Security Instruments (only signed by ELLC), appropriately executed by all parties, witnessed and acknowledged to the satisfaction of the Agent and dated as of the Closing Date, together with such financing statements, and other documents as shall be necessary and appropriate to perfect the Agent's security interests in the Collateral covered by said Security Instruments.
As used herein, the following terms have the meanings set forth below: ABL Availability: the “Availability” as such term is defined in the ABL Revolver Loan Agreement in effect on the date hereof and without giving effect to any modifications of any component definitions (or any sub-component definitions) therein.
This Agreement is a continuing agreement and shall remain in full force and effect until the earlier of (a)(i) the repayment in full of the Obligations owing under the Revolver Loan Agreement, (ii) the termination of the Revolving Credit Commitments (as defined in the Revolver Loan Agreement) and (iii) the termination of all letters of credit, or (b) the repayment in full of the Palisade Debt.
The Collateral Agent and the Investors acknowledge that they have reviewed the Revolver Loan Agreement prior to its execution of this Agreement.
ABL Borrowing Base Certificates: collectively, the US Borrowing Base Certificates and the UK Borrowing Base Certificates, as each such term is defined in the ABL Revolver Loan Agreement in effect on the date hereof.
Borrowers and Guarantors have requested that Agent and Lenders continue to provide credit facilities to Borrowers to finance their business enterprise and to amend and restate, in its entirety, the Existing ABL Revolver Loan Agreement and all loan documents executed in connection therewith.
Bank is willing to make the Loans to Grantor, but only upon the condition, among others, that Grantor shall grant to Bank a security interest in certain Copyrights, Trademarks, Patents, and Mask Works to secure the obligations of Grantor under the Loan Agreement, the other Loan Documents and the Formula Revolver Loan Agreement.
This Revolver Loan Agreement may be executed by the ------------ parties hereto in several counterparts and each such counterpart shall be deemed to be an original, but all such counterparts shall together constitute but one and the same agreement.