Applicable Credit Agreement means, each of, (a) the Applicable ETP Credit Agreement, (b) the Applicable Regency Credit Agreement, (c) the Applicable SXL Credit Agreement, (d) the Applicable SUN Credit Agreement, (e) any credit agreement, loan agreement or similar agreement evidencing bank debt of any other MLP and (f) any credit agreement, loan agreement or similar agreement evidencing bank debt of any subsidiary of the Borrower, in each case, as amended, restated, refinanced, supplemented or otherwise modified.
Applicable Credit Agreement means (x) prior to the Conversion Date, the DIP Revolver Credit Agreement and (y) on or after the Conversion Date, the Exit Restated Credit Agreement (or to the extent the Exit Restated Credit Agreement is not then in effect, the DIP to Exit Term Credit Agreement).
Applicable Credit Agreement means the Existing Credit Agreement and, on or after the Discharge of Credit Agreement Obligations with respect to the Existing Credit Agreement, any other Credit Agreement that has been designated as a successor to the prior Applicable Credit Agreement for the purposes of the Collateral Trust Agreement in writing to each Parity Lien Representative and Junior Lien Representative; provided that in no event will more than one Applicable Credit Agreement exist at any time.
Examples of Applicable Credit Agreement in a sentence
Subject to the terms of Section 4.14, such Grantor shall maintain each of the security interests created by this Agreement as a perfected security interest (excluding, other than to the extent such Grantor so maintains the security agreements under the Applicable Credit Agreement, under foreign laws) having at least the priority described in Section 3(g) and shall defend such security interest against the claims and demands of all persons whomsoever, subject to the provisions of Section 5.15.
The foregoing definition shall not require the creation or perfection of pledges of or security interests in particular assets if and for so long as the Collateral Agent and the Issuer agree in writing that the cost of creating or perfecting such pledges or security interests in such assets or obtaining title insurance or surveys in respect of such assets outweighs the benefits to be obtained by the lenders under the Applicable Credit Agreement therefrom.
More Definitions of Applicable Credit Agreement
Applicable Credit Agreement means, in the case of (i) SN, the Second Amended and Restated Credit Agreement, dated as of June 30, 2014, among Xxxxxxx Energy, Royal Bank of Canada, as administrative agent and the other financial institutions party thereto from time to time, as amended, restated, modified, renewed, refunded, replaced in any manner or refinanced in whole or in part from time to time (the “SN Credit Agreement”), (ii) SN UnSub, [describe new credit facility], as amended, restated, modified, renewed, refunded, replaced in any manner or refinanced in whole or in part from time to time (the “UnSub Credit Agreement”)], (iii) Blackstone Operator, [describe new Blackstone credit agreement], as amended, restated, modified, renewed, refunded, replaced in any manner or refinanced in whole or in part from time to time (the “BX Credit Agreement”), and (iv) a Third Party Operator, any of such Third Party Operator’s debt facilities, indentures, commercial paper facilities, secured or unsecured capital market financings or other debt issuances, in each case with banks or other institutional lenders or institutional investors or other lenders or credit providers providing for revolving credit loans, term loans, receivables financing, letters of credit or other borrowings, capital markets financings or other debt issuances, in each case, as amended, restated, modified, renewed, refunded, replaced in any manner or refinanced in whole or in part from time to time (the “Third Party Credit Agreement”), and (v) a Qualified Foreclosure Transferee, any of such Qualified Foreclosure Transferee’s debt facilities, indentures, commercial paper facilities, secured or unsecured capital market financings or other debt issuances, in each case with banks or other institutional lenders or institutional investors or other lenders or credit providers providing for revolving credit loans, term loans, receivables financing, letters of credit or other borrowings, capital markets financings or other debt issuances, in each case, as amended, restated, modified, renewed, refunded, replaced in any manner or refinanced in whole or in part from time to time.
Applicable Credit Agreement means, each of, (a) the Applicable ETP Credit Agreement, (b) the Applicable SXL Credit Agreement, (c) the Applicable SUN Credit Agreement, (d) any credit agreement, loan agreement or similar agreement evidencing bank debt of any other MLP and (e) any credit agreement, loan agreement or similar agreement evidencing bank debt of any subsidiary of the Borrower, in each case, as amended, restated, refinanced, supplemented or otherwise modified from time to time.
Applicable Credit Agreement means the credit agreement to be entered into or entered into among the Company and various financial institutions, including affiliates of Morgan Stanley & Co. Incorporated, Citigroup Global Markets Inc. and BNP Paribas Securities Corp., the initial purchasers of the 2008 Notes (the “Initial Purchasers”), under a commitment letter dated July 15, 2003, as amended from time to time, with affiliates of the Initial Purchasers pursuant to which those affiliates have agreed to provide financing for the transactions contemplated by the Asset Purchase Agreement, for the repayment of near-term debt obligations of the Company as they become due and for working capital requirements, or any alternative credit agreement thereto entered into among the Company and affiliates of the Initial Purchasers, in any case prior to the closing of the transactions contemplated by the Asset Purchase Agreement and in each case as such agreement may be amended from time to time.
Applicable Credit Agreement means, in the case of (i) SN, the Second Amended and Restated Credit Agreement, dated as of June 30, 2014, among Sanchez Energy, as borrower, Royal Bank of Canada, as administrative agent and the other financial institutions party thereto from time to time, as amended, restated, modified, renewed, refunded, replaced in any manner or refinanced in whole or in part from time to time (the “SN Credit Agreement”), (ii) SN UnSub, that certain Credit Agreement, among SN UnSub, as borrower, JPMorgan Chase Bank, N.A., as administrative agent, collateral agent, and an issuing bank, the banks, financial institutions and other lending institutions from time to time parties as lenders thereto, dated as the date hereof, as amended, restated, amended and restated, modified, renewed, refunded, replaced in any manner or refinanced in whole or in part from time to time (the “UnSub Credit Agreement”), (iii) Blackstone, (x) that certain Credit Agreement, dated as of the date hereof, by and among Blackstone, as borrower, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent and (y) that certain Second Lien Credit Agreement, dated as of the date hereof, by and among Blackstone, as borrower, the lenders from time to time party thereto and Citibank, N.A., as administrative agent and collateral agent, and
Applicable Credit Agreement means (a) as to the ABL Facilities Collateral, the ABL Facilities Agreement, (b) as to the European Facilities Collateral, the European Facilities Agreement, (c) as to the Luxembourg Finance Pledged Collateral, the European Facilities Agreement, (d) as to the US Facilities Collateral, the US Revolving Facility Agreement and the US Term Facility Agreement and (e) as to each class of Collateral referred to above, when all loans under the applicable Credit Agreement or Credit Agreements referred to above have been repaid, no letters of credit issued under such Credit Agreement or Credit Agreements shall be outstanding and the commitments of the Lenders under such Credit Agreement or Credit Agreements shall have terminated, any Credit Agreement under which Obligations secured by a Junior Lien on such Collateral shall be outstanding (or, if there shall be more than one such Credit Agreement, the Credit Agreement under which the Obligations secured by the most senior Lien on such Collateral shall be outstanding).
Applicable Credit Agreement means (a) as to the ABL Facilities Collateral, the ABL Facilities Agreement, (b) as to the European Facilities Collateral, the European Facilities Agreement, (c) as to the Luxembourg Finance Pledged Collateral, the European Facilities Agreement and (d) as to the US Facilities Collateral, the US Revolving Facility Agreement and the US Term Facility Agreement.
Applicable Credit Agreement means (x) prior to the Conversion Date, the DIP Revolver Credit Agreement and (y) on or after the Conversion Date, the Exit Restated Credit Agreement (or to the extent the Exit Restated Credit Agreement is not then in effect, the Existing DIP to Exit Term Credit Agreement).