Term Loan A Credit Agreement definition

Term Loan A Credit Agreement means that certain Credit Agreement, dated as of November 24, 2015 (as amended from time to time), by and among NYL, as borrower, NYGP, as guarantor, the Term Loan A Agent, and the Term Loan A Lenders.
Term Loan A Credit Agreement has the meaning set forth in the second WHEREAS clause of this Agreement.

Examples of Term Loan A Credit Agreement in a sentence

  • Section 401 of the Clean Water Act requires water quality certifications for actions permitted under Section 404.

  • The Term Loan A Credit Agreement is secured by substantially all assets of NYGP and NYL (subject to certain exclusions), and the Term Loan A Lenders benefit from a guaranty of collection granted by PES Holdings secured by a pledge of the equity of NYGP.

  • The response level is calculated from the functions from point 3 by applying the constraint that the total of the directional probabilities needs to equal the design probability (in this case 1/250).

  • First, the aggregate outstanding amount of all revolving loans under the Term Loan A Credit Agreement (such amount, the “Total Revolving Outstandings”) had to not exceed $35,000,000.00 (such condition, the “Revolver Cap”).

  • As of the date hereof, NYL has outstanding borrowings of $97.5 million under the Term Loan A Credit Agreement, consisting of $62.5 million of term loans and$35 million of revolving credit loans (together the, “Term Loan A Debt”).

  • Second, NYL transferred approximately $311 million in cash to Parent between March 2015 and April 2017 in the form of 10 payments, including a $125 million distribution from the issuance of the Term Loan A Credit Agreement (as defined below), and the funding of a $35 million intercompany note from North Yard Financing, LLC to Parent following a $35 million draw on the revolving loan under the Term Loan A Credit Agreement.

  • Eventually, the Term Loan A Lenders and the Debtors reached agreement on amendments to the Term Loan A Credit Agreement (the “Term Loan A Credit Agreement Amendment”) and the Rail Terminaling Services Agreement (the “RTSA Amendment” and together with the Term Loan A Credit Agreement Amendment, collectively the “NYL Amendments”).

  • The NYL Amendments allowed NYL to waive all but $10.5 million of the RTSA Payment and also included options (together, the “Amendment and Forbearance Options”) to: (a) further amend the RTSA Payment to waive all but $15 million of the January 2018 payment due under the Rail Terminaling Services Agreement, and (b) extend the date on which the Term Loan A Credit Agreement is mandatorily prepayable in full to March 4, 2018 (the “Term Loan A Maturity Date”).

  • Term Loan A Credit Agreement NYL incurred secured term loan and revolving indebtedness under the Credit Agreement, dated as of November 24, 2015 (as amended from time to time, the “Term Loan A Credit Agreement”), by and among NYL, as borrower, NYGP as guarantor, the lender parties thereto (the “Term Loan A Lenders”) and PNC Capital Markets LLC along with Goldman Sachs Bank USA as Joint Lead Arrangers.

  • Each of the SPL Credit Facilities provides for a commitment fee calculated at a rate per annum equal to 40% of the applicable margin multiplied by the average daily amount of the undrawn commitment for the Term Loan A Credit Agreement, the KEXIM Covered Agreement and the KSURE Covered Agreement, and at a rate per annum equal to 0.70% of the committed but undisbursed amounts of the KEXIM Direct Agreement, payable quarterly in arrears.


More Definitions of Term Loan A Credit Agreement

Term Loan A Credit Agreement means the Term Loan A Credit Agreement dated as of May 5, 2006 among the Company, as Borrower, the Lenders referred to therein, and Bank of America, N.A., as Administrative Agent, as at any time amended, modified, supplemented, renewed or extended, and all restatements thereof and any agreement that refinances the indebtedness thereunder.
Term Loan A Credit Agreement has the meaning set forth in the Recitals hereto.
Term Loan A Credit Agreement means that certain Credit Agreement dated as of March 22, 1995 between the Company, the Banks and LaSalle National Bank, as the same may be amended, supplemented or otherwise modified from time to time.
Term Loan A Credit Agreement means the Credit Agreement (Term Loan A) dated on or about the Closing Date by and among the Borrower, the Term Loan A Administrative Agent, the Common Security Trustee, and the Secured Bank Debt Holders.

Related to Term Loan A Credit Agreement

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Term Credit Agreement means the Term Credit Agreement and any other agreement extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, lender or group of lenders and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • 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.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Agreement, dated as of the Closing Date, by and among Revolving Agent, the Credit Parties party thereto, the lenders from time to time party thereto, as amended, restated, supplemented and/or modified to the extent permitted by the terms of the Intercreditor Agreement. ​

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Bank Credit Agreement means the Revolving Credit and Term Loan Agreement, dated as of January 26, 2015, by and among the Company and certain of its Subsidiaries, Bank of America, N.A., as administrative agent, and the 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.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.