Common use of Definitions and Accounting Terms Clause in Contracts

Definitions and Accounting Terms. 1.1 Defined Terms 1 1.2 Other Interpretive Provisions 37 1.3 Accounting Terms 38 1.4 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 Loans 42 2.2 Borrowings, Conversions and Continuations of Loans 43 2.3 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 Prepayments 56 2.6 Termination or Reduction of Revolving Credit Commitments 60 2.7 Repayment of Loans 60 2.8 Interest 61 2.9 Fees 62 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Evidence of Debt 63 2.12 Payments Generally; Administrative Agent’s Clawback 63 2.13 Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 Taxes 75 3.2 Illegality 79 3.3 Inability to Determine Rates 80 3.4 Increased Costs 82 3.5 Compensation for Losses 83 3.6 Mitigation Obligations; Replacement of Lenders 84 3.7 Survival 84 152302503

Appears in 1 contract

Samples: Credit Agreement (Ceco Environmental Corp)

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Definitions and Accounting Terms. 1.1 1.01. Defined Terms 1 1.2 1.02. Other Interpretive Provisions 37 1.3 3545 1.03. Accounting Terms 38 1.4 3547 1.04. Rounding 39 1.5 3647 1.05. Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange RatesDay; Rates 3647 1.06. Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 Generally 3647 1.07. Concurrent Fixed/Ratio Basket Usage 48 1.08. Limited Condition Transactions 48 1.09. Cashless Settlement 50 ARTICLE II. II THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 2.01. The Loans 42 2.2 3750 2.02. Borrowings, Conversions and Continuations of Loans 43 2.3 Letters 3750 2.03. Prepayments 3851 2.04. Termination of Credit 45 2.4 Swing Line Loans 54 2.5 Prepayments 56 2.6 Termination or Reduction of Revolving Credit Commitments 60 2.7 4155 2.05. Repayment of Loans 60 2.8 Loans. 4155 2.06. Interest 61 2.9 4256 2.07. Fees 62 2.10 4256 2.08. Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Fees 4256 2.09. Evidence of Debt 63 2.12 4356 2.10. Payments Generally; Administrative Agent’s Clawback 63 2.13 4357 2.11. Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 4458 2.12. Refinancing Amendment 4559 2.13. Incremental Facilities 4660 2.14. Extension of Term Loans 4863 2.15. Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 5065 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 3.01. Taxes 75 3.2 5166 3.02. Illegality 79 3.3 5570 3.03. Inability to Determine Rates 80 3.4 5571 3.04. Increased Costs 82 3.5 Costs; Reserves on Eurodollar Rate Loans 5671 3.05. Compensation for Losses 83 3.6 5773 3.06. Mitigation Obligations; Replacement of Lenders 84 3.7 5873 3.07. Survival 84 1523025035874 3.08. Successor LIBOR 74 ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01. Conditions of Initial Credit Extension 5975 4.02. Conditions to All Credit Extensions 6177 ARTICLE V REPRESENTATIONS AND WARRANTIES 5.01. Existence, Qualification and Power 6278 5.02. Authorization; No Contravention 6278 5.03. Governmental Authorization; Other Consents 6279 5.04. Binding Effect 6279 5.05. Financial Statements; No Material Adverse Effect 6379 5.06. Litigation 6380 5.07. No Default 6480 5.08. Ownership of Property; Liens; Investments 6480 5.09. Environmental Compliance 6481 5.10. Insurance 6582 5.11. Taxes 6582 5.12. ERISA Compliance. 6682 5.13. Restricted Subsidiaries; Equity Interests; Loan Parties 6683 5.14. Margin Regulations; Investment Company Xxx 0000 5.15. Disclosure 6784 5.16. Compliance with Laws 6784 5.17. Intellectual Property; Licenses, Etc. 6784 5.18. Solvency 6884 5.19. OFAC 6884 5.20. Anti-Corruption Laws 6885 5.21. Money Laundering and Counter-Terrorist Financing Laws 6885 5.22. EEA Financial Institution 85 5.23. ERISA 85 5.24. Beneficial Ownership Certification 85 ARTICLE VI AFFIRMATIVE COVENANTS 6.01. Financial Statements 6885 6.02. Certificates; Other Information 6986 6.03. Notices 7188 6.04. Payment of Obligations 7189 6.05. Preservation of Existence, Etc. 7289 6.06. Maintenance of Properties 7289 6.07. Maintenance of Insurance 7289 6.08. Compliance with Laws 7290 6.09. Books and Records 7290 6.10. Inspection Rights 7290 6.11. Use of Proceeds 7390 6.12. Covenant to Guarantee Obligations and Give Security 7390 6.13. Compliance with Environmental Laws 7795 6.14. Further Assurances 7795 6.15. Information Regarding Collateral 7895 6.16. Anti-Corruption Laws and Sanctions 7896 6.17. Maintenance of Ratings 7896 6.18. Designation of Subsidiaries 96 ARTICLE VII NEGATIVE COVENANTS 7.01. Liens 7897 7.02. Indebtedness 82101 7.03. Investments 85109 7.04. Fundamental Changes 87112 7.05. Dispositions 88113 7.06. Dividends 90116 7.07. Change in Nature of Business 91117 7.08. Transactions with Affiliates 91117 7.09. Burdensome Agreements 92118 7.10. Use of Proceeds 93119 7.11. Sanctions 93119 7.12. [Reserved.] Prohibition on Division/Series Transactions 93 119 7.13. Accounting Changes 93119 7.14. Prepayments, Etc. of Indebtedness 93119 7.15. Amendment, Etc. of Indebtedness and Organizational Documents 94121 7.16. Anti-Corruption Laws 95122 ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES 8.01. Events of Default 95122 8.02. Remedies upon Event of Default 97124 8.03. Application of Funds 98125 ARTICLE IX ADMINISTRATIVE AGENT 9.01. Appointment and Authority 98125 9.02. Rights as a Lender 99126 9.03. Exculpatory Provisions 99126 9.04. Reliance by Administrative Agent 100127 9.05. Delegation of Duties 100127 9.06. Resignation of Administrative Agent 100128 9.07. Non-Reliance on Administrative Agent and Other Lenders 101129 9.08. No Other Duties, Etc 102129 9.09. Administrative Agent May File Proofs of Claim; Credit Bidding 102129 9.10. Collateral and Guaranty Matters 103130 9.11. Lender ERISA Representations 131

Appears in 1 contract

Samples: Credit Agreement (Ciena Corp)

Definitions and Accounting Terms. 1.1 5 1.01 Defined Terms 1 1.2 5 1.02 Other Interpretive Provisions 37 1.3 24 1.03 Accounting Terms 38 1.4 24 1.04 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 25 1.05 Exchange Rates; Currency Equivalents 40 1.9 25 1.06 Additional Alternative Currencies 40 1.10 25 1.07 Change of Currency 41 1.11 Interest Rates 42 26 1.08 Times of Day 26 1.09 Letter of Credit Amounts 26 ARTICLE II. II THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 27 2.01 Revolving Loans 42 2.2 27 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 28 2.03 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 30 2.04 Reserved 37 2.05 Prepayments 56 2.6 37 2.06 Termination or Reduction of Aggregate Revolving Credit Commitments 60 2.7 38 2.07 Repayment of Loans 60 2.8 on Maturity Date 38 2.08 Interest 61 2.9 39 2.09 Fees 62 39 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 40 2.11 Evidence of Debt 63 40 2.12 Payments Generally; Administrative Agent’s Clawback 63 41 2.13 Sharing of Payments by Lenders 65 43 2.14 Designated Borrowers 66 43 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 44 2.16 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 45 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 48 3.01 Taxes 75 3.2 48 3.02 Illegality 79 3.3 52 3.03 Inability to Determine Rates 80 3.4 52 3.04 Increased Costs 82 3.5 53 3.05 Compensation for Losses 83 3.6 54 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 55 3.07 Survival 84 15230250355 ARTICLE IV GUARANTY 55 4.01 The Guaranty 55 4.02 Obligations Unconditional 55 4.03 Reinstatement 56 4.04 Certain Additional Waivers 57 4.05 Remedies 57 4.06 Guarantee of Payment; Continuing Guarantee 57 ARTICLE V CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 57 5.01 Conditions Precedent to Effectiveness 57 5.02 Conditions Precedent to Each Credit Extension 59 5.03 Conditions Precedent to Initial Advance to Each Designated Borrower 59

Appears in 1 contract

Samples: Credit Agreement (RR Donnelley & Sons Co)

Definitions and Accounting Terms. 1.1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 42 1.03 Accounting Terms 38 1.4 43 1.04 Rounding 39 1.5 45 1.05 Times of Day 39 1.6 45 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified 45 1.07 Divisions 45 1.08 Limited Condition Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 45 ARTICLE II. THE II COMMITMENTS AND CREDIT EXTENSIONS 2.1 2.01 Loans 42 2.2 46 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 46 2.03 Letters of Credit 45 2.4 48 2.04 Swing Line Loans 54 2.5 57 2.05 Prepayments 56 2.6 60 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 62 2.07 Repayment of Loans 60 2.8 63 2.08 Interest 61 2.9 64 2.09 Fees 62 65 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 65 2.11 Evidence of Debt 63 66 2.12 Payments Generally; Administrative Agent’s Clawback 63 66 2.13 Sharing of Payments by Lenders 65 68 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 69 2.15 Defaulting Lenders 71 70 2.16 Incremental Facilities 72 2.17 Refinancing Facilities 75 2.18 Designation Extension of Unrestricted and Restricted Subsidiaries 74 Term Loans 76 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 3.01 Taxes 75 3.2 79 3.02 Illegality 79 3.3 84 3.03 Inability to Determine Rates 80 3.4 84 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurodollar Rate Loans 87 3.05 Compensation for Losses 83 3.6 89 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 90 3.07 Survival 84 15230250390 Page ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01 Conditions to the Initial Borrowing on the Closing Date 90 4.02 Conditions to all Credit Extensions 93 ARTICLE V REPRESENTATIONS AND WARRANTIES

Appears in 1 contract

Samples: Credit Agreement (Acadia Healthcare Company, Inc.)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 27 1.03 Accounting Terms 38 1.4 28 1.04 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 28 1.05 Exchange Rates; Currency Equivalents 40 1.9 29 1.06 Additional Alternative Currencies 40 1.10 29 1.07 Change of Currency 41 1.11 Interest Rates 42 30 1.08 Times of Day 30 1.09 Letter of Credit Amounts 30 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 30 2.01 Committed Loans 42 2.2 30 2.02 Borrowings, Conversions and Continuations of Committed Loans 43 2.3 31 2.03 Letters of Credit 45 2.4 and Bankers’ Acceptances 33 2.04 Swing Line Loans 54 2.5 42 2.05 Prepayments 56 2.6 45 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 46 2.07 Repayment of Loans 60 2.8 47 2.08 Interest 61 2.9 47 2.09 Fees 62 48 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 49 2.11 Evidence of Debt 63 49 2.12 Payments Generally; Administrative Agent’s Clawback 63 49 2.13 Sharing of Payments by Lenders 65 51 2.14 Designated Borrowers 66 51 2.15 Extension of Maturity Date 54 2.16 Increase Option 67 2.16 in Commitments 56 2.17 Cash Collateral 70 2.17 57 2.18 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 58 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 60 3.01 Taxes 75 3.2 60 3.02 Illegality 79 3.3 64 3.03 Inability to Determine Rates 80 3.4 65 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurocurrency Rate Loans 66 3.05 Compensation for Losses 83 3.6 68 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 68 3.07 Survival 84 15230250369 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 69 4.01 Conditions of Closing 69 4.02 Conditions to all Credit Extensions 70 TABLE OF CONTENTS (continued) Page

Appears in 1 contract

Samples: Credit Agreement (Thermo Fisher Scientific Inc.)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Special Luxembourg Provisions 33 1.03 Other Interpretive Provisions 37 1.3 33 1.04 Accounting Terms 38 1.4 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 34 1.05 Exchange Rates; Currency Equivalents 40 1.9 35 1.06 Additional Alternative Currencies 40 1.10 35 1.07 Change of Currency 41 1.11 Interest Rates 42 36 1.08 Times of Day 37 1.09 Letter of Credit Amounts 37 1.10 Rounding 37 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 37 2.01 The Loans 42 2.2 37 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 38 2.03 Letters of Credit 45 2.4 40 2.04 Swing Line Loans 54 2.5 49 2.05 Prepayments 56 2.6 51 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 53 2.07 Repayment of Loans 60 2.8 53 2.08 Interest 61 2.9 54 2.09 Fees 62 54 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 55 2.11 Evidence of Debt 63 56 2.12 Payments Generally; Administrative Agent’s Clawback 63 56 2.13 Sharing of Payments by Lenders 65 58 2.14 Designated Borrowers 66 58 2.15 Increase Option 67 in Commitments. 60 2.16 Cash Collateral 70 62 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 63 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 65 3.01 Taxes 75 3.2 65 3.02 Illegality 79 3.3 70 3.03 Inability to Determine Rates 80 3.4 70 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurocurrency Rate Loans 71 3.05 Compensation for Losses 83 3.6 75 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 75 3.07 Survival 84 15230250374 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 74 4.01 Conditions of Amendment and Restatement 74 4.02 Conditions to all Credit Extensions 75 ARTICLE V. REPRESENTATIONS AND WARRANTIES 76 5.01 Existence, Qualification and Power; Compliance with Laws 76 5.02 Authorization; No Contravention 77 5.03 Governmental Authorization; Other Consents 77

Appears in 1 contract

Samples: Credit Agreement (Stericycle Inc)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 32 1.03 Accounting Terms 38 1.4 33 1.04 Rounding 39 1.5 34 1.05 Times of Day 39 1.6 34 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 34 1.07 Pro Forma Calculations 34 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 34 2.01 Committed Loans 42 2.2 34 2.02 Borrowings, Conversions and Continuations of Committed Loans 43 2.3 35 2.03 Letters of Credit 45 2.4 37 2.04 Swing Line Loans 54 2.5 46 2.05 Prepayments 56 2.6 49 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 50 2.07 Repayment of Loans 60 2.8 51 2.08 Interest 61 2.9 51 2.09 Fees 62 52 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 52 2.11 Evidence of Debt 63 53 2.12 Payments Generally; Administrative Agent’s Clawback 63 54 2.13 Sharing of Payments by Lenders 65 55 2.14 Designated Borrowers 66 Increase in Commitments 56 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 57 2.16 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 59 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 61 3.01 Taxes 75 3.2 61 3.02 Illegality 79 3.3 67 3.03 Inability to Determine Rates 80 3.4 67 3.04 Increased Costs 82 3.5 68 3.05 Compensation for Losses 83 3.6 70 3.06 Mitigation Obligations; Replacement of Lenders Lenders; Like Treatment 71 3.07 Survival 72 ARTICLE IV. CONDITIONS PRECEDENT TO Credit Extensions 72 4.01 Conditions of Initial Credit Extension 72 4.02 Conditions to all Credit Extensions 74 ARTICLE V. REPRESENTATIONS AND WARRANTIES 75 5.01 Existence, Qualification and Power 75 5.02 Authorization; No Contravention 75 5.03 Governmental Authorization; Other Consents 75 5.04 Binding Effect 75 - i - TABLE OF CONTENTS 5.05 Financial Statements; No Material Adverse Effect 75 5.06 Litigation 75 5.07 No Default 75 5.08 Ownership of Property; Liens 75 5.09 Environmental Compliance 76 5.10 Insurance 76 5.11 Taxes 76 5.12 ERISA Compliance 76 5.13 Subsidiaries; Equity Interests; Guarantors 78 5.14 Margin Regulations; Investment Company Act 78 5.15 Disclosure 79 5.16 Compliance with Laws 79 5.17 Taxpayer Identification Number 79 5.18 OFAC 79 5.19 Anti-Corruption Laws 80 ARTICLE VI. AFFIRMATIVE COVENANTS 80 6.01 Financial Statements 80 6.02 Certificates; Other Information 81 6.03 Notices 83 6.04 Payment of Obligations 83 6.05 Preservation of Existence, Etc. 83 6.06 Maintenance of Properties; Office 84 3.7 Survival 6.07 Maintenance of Insurance 84 1523025036.08 Compliance with Laws 84 6.09 Books and Records 85 6.10 Inspection Rights 85 6.11 Use of Proceeds 86 6.12 Further Assurances 86 6.13 Additional Guarantors; Guaranty Trigger Event 86 6.14 Anti-Corruption Laws 87 ARTICLE VII. NEGATIVE COVENANTS 87 7.01 Liens 87 7.02 Investments 89 7.03 Indebtedness 91 7.04 Fundamental Changes 93 7.05 Dispositions 94 7.06 Restricted Payments 96 7.07 Transactions with Affiliates and Subsidiaries 97 7.08 Burdensome Agreements 98 7.09 Use of Proceeds 99 7.10 Financial Covenants 99 7.11 United States Cellular Corporation 100 7.12 Governmental Programs 100 7.13 Sanctions 100 TABLE OF CONTENTS 7.14 Anti-Corruption Laws 100 7.15 Guarantees 100

Appears in 1 contract

Samples: Credit Agreement (Telephone & Data Systems Inc /De/)

Definitions and Accounting Terms. 1.1 1 1.01. Defined Terms 1 1.2 1.02. Other Interpretive Provisions 37 1.3 16 1.03. Accounting Terms 38 1.4 17 1.04. Rounding 39 1.5 17 1.05. Times of Day 39 1.6 17 1.06. Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 17 1.07. Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 17 ARTICLE II2. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 18 2.01. Committed Loans 42 2.2 18 2.02. Borrowings, Conversions and Continuations of Committed Loans 43 2.3 18 2.03. Letters of Credit 45 2.4 Swing Line Loans 54 2.5 19 2.04. Intentionally Deleted 27 2.05. Prepayments 56 2.6 27 2.06. Termination or Reduction of Revolving Credit Commitments 60 2.7 27 2.07. Repayment of Loans 60 2.8 28 2.08. Interest 61 2.9 Fees 62 2.10 28 2.09. Commitment Fee 28 2.10. Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 29 2.11. Evidence of Debt 63 2.12 29 2.12. Payments Generally; Administrative Agent’s Clawback 63 2.13 29 2.13. Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 31 2.14. Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation in the Aggregate Commitments 31 2.15. Joint and Several Liability of Unrestricted and Restricted Subsidiaries 74 the Loan Parties 32 ARTICLE III3. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 33 3.01. Taxes 75 3.2 33 3.02. Illegality 79 3.3 34 3.03. Inability to Determine Rates 80 3.4 34 3.04. Increased Costs 82 3.5 34 3.05. Compensation for Losses 83 3.6 36 3.06. Mitigation ObligationsObligations 36 3.07. Survival 36 ARTICLE 4. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 36 4.01. Conditions of Initial Credit Extension 36 4.02. Conditions to all Credit Extensions 38 ARTICLE 5. REPRESENTATIONS AND WARRANTIES 38 5.01. Existence, Qualification and Power 38 5.02. Authorization; Replacement No Contravention 39 5.03. Governmental Authorization; Other Consents 39 5.04. Binding Effect 39 5.05. Financial Statements; No Material Adverse Effect 39 5.06. Litigation 40 5.07. No Default 40 5.08. Ownership of Property; Liens 40 5.09. Environmental Compliance 40 5.10. Insurance 40 5.11. Taxes 40 5.12. ERISA Compliance 40 5.13. Subsidiaries 41 5.14. Margin Regulations; Investment Company Act 41 5.15. Disclosure 41 5.16. Compliance with Laws 42 5.17. Taxpayer Identification Number 42 5.18. Intellectual Property; Licenses, Etc. 42 ARTICLE 6. AFFIRMATIVE COVENANTS 42 6.01. Financial Statements 42 6.02. Certificates; Other Information 43 6.03. Notices 44 6.04. Payment of Obligations 45 6.05. Preservation of Existence, Etc. 45 6.06. Maintenance of Properties 45 6.07. Maintenance of Insurance 45 6.08. Compliance with Laws 45 6.09. Books and Records 45 6.10. Inspection Rights 45 6.11. Use of Proceeds 46 6.12. Financial Covenants 46 6.13. Additional Guarantors 46 6.14. Existing Letters of Credit 46 ARTICLE 7. NEGATIVE COVENANTS 46 7.01. Liens 46 7.02. Investments 47 7.03. Indebtedness 48 7.04. Fundamental Changes 49 7.05. Dispositions 49 7.06. Restricted Payments 49 7.07. Change in Nature of Business 50 7.08. Transactions with Affiliates 50 7.09. Burdensome Agreements 50 7.10. Use of Proceeds 50 ARTICLE 8. EVENTS OF DEFAULT AND REMEDIES 50 8.01. Events of Default 50 8.02. Remedies Upon Event of Default 52 8.03. Application of Funds 53 ARTICLE 9. ADMINISTRATIVE AGENT 53 9.01. Appointment and Authorization of Administrative Agent 53 9.02. Rights as a Lender 54 9.03. Exculpatory Provisions 54 9.04. Reliance by Administrative Agent 54 9.05. Delegation of Duties 55 9.06. Resignation of Agent 55 9.07. Non-Reliance on Agent and Other Lenders 84 3.7 Survival 84 15230250355 9.08. No Other Duties, Etc. 56 9.09. Administrative Agent May File Proofs of Claim 56 9.10. Guaranty Matters 56 ARTICLE 10. MISCELLANEOUS 56 10.01. Amendments, Etc. 56 10.02. Notices; Effectiveness; Electronic Communications 57 10.03. No Waiver; Cumulative Remedies 59 10.04. Expenses; Indemnity; Damage Waiver 59 10.05. Payments Set Aside 61 10.06. Successors and Assigns 61 10.07. Treatment of Certain Information; Confidentiality 64 10.08. Right of Setoff 65

Appears in 1 contract

Samples: Credit Agreement (Chipotle Mexican Grill Inc)

Definitions and Accounting Terms. 1.1 2 1.01. Defined Terms 1 1.2 2 1.02. Other Interpretive Provisions 37 1.3 53 1.03. Accounting Terms 38 1.4 54 1.04. Rounding 39 1.5 55 1.05. Times of Day 39 1.6 Day; Timing for Payment or Performance 55 1.06. Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 55 1.07. Exchange Rates; Currency Equivalents 40 1.9 55 1.08. Additional Alternative Currencies 40 1.10 56 1.09. Change of Currency 41 1.11 57 1.10. Interest Rates 42 57 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 58 2.01. Loans 42 2.2 58 2.02. Borrowings, Conversions and Continuations of Loans 43 2.3 60 2.03. Bid Loans 65 2.04. Letters of Credit 45 2.4 68 2.05. Swing Line Loans 54 2.5 79 2.06. Prepayments 56 2.6 89 2.07. Termination or Reduction of Revolving Credit Commitments 60 2.7 91 2.08. Repayment of Loans 60 2.8 92 2.09. Interest 61 2.9 92 2.10. Fees 62 2.10 94 2.11. Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 95 2.12. Evidence of Debt 63 2.12 95 2.13. Payments Generally; Administrative Agent’s Clawback 63 2.13 96 2.14. Sharing of Payments by Lenders 65 2.14 98 2.15. Extension of Maturity Date 100 2.16. Increase in Commitments 102 2.17. Cash Collateral 104 2.18. Defaulting Lenders 105 2.19. Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation 107 2.20. Reallocation of Unrestricted and Restricted Subsidiaries 74 Commitments 108 2.21. Supplemental Tranches 111 2.22. Certain Permitted Amendments 112 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 114 3.01. Taxes 75 3.2 114 3.02. Illegality 79 3.3 118 3.03. Inability to Determine Rates 80 3.4 119 3.04. Increased Costs 82 3.5 Costs; Reserves on Eurocurrency Rate Loans 121 3.05. Compensation for Losses 83 3.6 123 3.06. Mitigation Obligations; Replacement of Lenders 84 3.7 124 3.07. Survival 84 152302503125 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 125 4.01. Conditions of Initial Credit Extension 125 4.02. Conditions to all Credit Extensions 128 ARTICLE V. REPRESENTATIONS AND WARRANTIES 129 5.01. Status 129 5.02. Power and Authority 129 5.03. No Violation 129 5.04. Governmental Approvals 130 5.05. Financial Statements; Financial Condition; Undisclosed Liabilities; Projections; etc 130 5.06. Litigation 131 5.07. Disclosure 131 5.08. Use of Proceeds; Margin Regulations 132 5.09. Tax Returns and Payments 132 5.10. Compliance with ERISA 133 5.11. [Intentionally Omitted] 134 5.12. Properties 134 5.13. [Intentionally Omitted] 134 5.14. Compliance with Statutes, etc 134 5.15. Investment Company Act 134 5.16. Environmental Matters 134 5.17. Labor Relations 135 5.18. Intellectual Property 135 5.19. [Intentionally Omitted] 135 5.20. Status as REIT 135 5.21. OFAC 135 5.22. Anti-Corruption Laws 136 5.23. EEA Financial Institutions 136 ARTICLE VI. AFFIRMATIVE COVENANTS 136 6.01. Compliance with Laws, Etc 136 6.02. Conduct of Business 136 6.03. Payment of Taxes, Etc 136 6.04. Maintenance of Insurance 137 6.05. Preservation of Existence, Etc 137 6.06. Access; Annual Meetings with Lenders 137 6.07. Keeping of Books 138 6.08. Maintenance of Properties, Etc 138 6.09. [Intentionally Omitted] 138 6.10. Application of Proceeds 138 6.11. Information Covenants 138 6.12. [Intentionally Omitted] 143 6.13. [Intentionally Omitted] 143 6.14. Guarantors; Release of Guarantors 143 6.15. End of Fiscal Years; Fiscal Quarters 143 6.16. Environmental Matters 143 6.17. ERISA Compliance 144 ARTICLE VII. NEGATIVE COVENANTS 144 7.01. Liens 144 7.02. Indebtedness 145 7.03. [Intentionally Omitted] 145 7.04. [Intentionally Omitted] 145 7.05. Modification and Enforcement of Certain Agreements 146 7.06. Change of Jurisdiction 146 7.07. Transactions with Affiliates 146 7.08. Sales of Assets 147 7.09. Consolidation, Merger, etc. 148 7.10. Acquisitions; Investments 148 7.11. Dividends 150

Appears in 1 contract

Samples: Assignment and Assumption (Host Hotels & Resorts L.P.)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 29 1.03 Accounting Terms 38 1.4 30 1.04 Rounding 39 1.5 31 1.05 Times of Day 39 1.6 31 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 31 1.07 Exchange Rates; Currency Equivalents 40 1.9 31 1.08 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 31 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 Loans 42 2.2 Borrowings, Conversions and Continuations of Loans 43 2.3 32 2.01 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 Prepayments 56 2.6 32 2.02 Cash Collateralization Requirement 42 2.03 Termination or Reduction of Revolving Credit Commitments 60 2.7 Repayment of Loans 60 2.8 42 2.04 Interest 61 2.9 Fees 62 2.10 43 2.05 Commitment Fee and Early Termination Fee 43 2.06 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Fees 44 2.07 Evidence of Debt 63 2.12 44 2.08 Payments Generally; Administrative Agent’s Clawback 63 2.13 44 2.09 Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Participating Banks 46 2.10 [Reserved] 46 2.11 [Reserved] 46 2.12 Cash Collateral 70 2.17 46 2.13 Defaulting Lenders 71 2.18 Designation Participating Banks 48 2.14 Respective Obligations of Unrestricted and Restricted Subsidiaries 74 Credit Parties; Additional Credit Parties 50 2.15 ESG Amendment 52 2.16 Sustainability Coordinator 52 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 52 3.01 Taxes 75 3.2 Illegality 79 3.3 Inability to Determine Rates 80 3.4 52 3.02 Increased Costs 82 3.5 Compensation for Losses 83 3.6 57 3.03 Mitigation Obligations; Replacement of Lenders 84 3.7 Participating Banks 58 3.04 Survival 84 15230250359 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 59 4.01 Conditions to Effectiveness 59 4.02 Conditions to all Credit Extensions 61 ARTICLE V. REPRESENTATIONS AND WARRANTIES 62 5.01 Existence, Qualification and Power 62 5.02 Authorization; No Contravention 62 5.03 Governmental Authorization; Other Consents 62 5.04 Binding Effect 62 5.05 Financial Statements 62 5.06 Litigation 63 5.07 No Event of Default 63 5.08 Ownership of Property 63 5.09 Taxes 63 5.10 ERISA Compliance 63 5.11 Margin Regulations; Investment Company Act 64 5.12 Disclosure 64 5.13 Compliance with Laws 65 5.14 Anti-Corruption Laws and Sanctions 65 5.15 Plan Assets; Prohibited Transactions 65 5.16 Pari Passu Status 65 ARTICLE VI. AFFIRMATIVE COVENANTS 66 6.01 Financial Statements 66 6.02 Certificates; Other Information 66 6.03 Notices 69 6.04 Payment of Taxes 69 6.05 Preservation of Existence, Etc. 69 6.06 Maintenance of Properties 69 6.07 Maintenance of Insurance 70 6.08 Compliance with Laws 70 6.09 Books and Records 70 6.10 Inspection Rights 70 6.11 Use of Proceeds 70 ARTICLE VII. NEGATIVE COVENANTS 71 7.01 Liens 71 7.02 Indebtedness 71 7.03 Merger or Consolidation 71 7.04 Dispositions 71 7.05 Transactions with Affiliates 71 7.06 Financial Covenants 72 7.07 Line of Business 72 7.08 Use of Proceeds 72 ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES 72 8.01 Events of Default 72 8.02 Remedies Upon Event of Default 75 8.03 Application of Funds 75 ARTICLE IX. ADMINISTRATIVE AGENT 76 9.01 Appointment and Authority 76 9.02 Rights as a Participating Bank 77 9.03 Exculpatory Provisions 77 9.04 Reliance by Administrative Agent 78 9.05 Delegation of Duties 79 9.06 Resignation of Administrative Agent 79 9.07 Non-Reliance on the Administrative Agent and the Other Participating Banks 81 9.08 No Other Duties, Etc. 81

Appears in 1 contract

Samples: Credit Reimbursement Agreement (Reinsurance Group of America Inc)

Definitions and Accounting Terms. 1.1 Defined Terms 1 1.2 Other Interpretive Provisions 37 1.3 Accounting Terms 38 1.4 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 1.01 DEFINED TERMS 1 1.02 OTHER INTERPRETIVE PROVISIONS 26 1.03 ACCOUNTING TERMS 26 1.04 ROUNDING 27 1.05 TIMES OF DAY 27 1.06 LETTER OF CREDIT AMOUNTS 27 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 Loans 42 2.2 Borrowings27 2.01 COMMITTED LOANS 27 2.02 BORROWINGS, Conversions and Continuations of Loans CONVERSIONS AND CONTINUATIONS OF COMMITTED LOANS 28 2.03 BID LOANS 29 2.04 LETTERS OF CREDIT 32 2.05 SWING LINE LOANS 40 2.06 PREPAYMENTS 43 2.3 Letters of Credit 2.07 TERMINATION OR REDUCTION OF COMMITMENTS 43 2.08 REPAYMENT OF LOANS 44 2.09 INTEREST 44 2.10 FEES 45 2.4 Swing Line Loans 54 2.5 Prepayments 56 2.6 Termination or Reduction of Revolving Credit Commitments 60 2.7 Repayment of Loans 60 2.8 Interest 61 2.9 Fees 62 2.10 Computation of Interest and Fees2.11 COMPUTATION OF INTEREST AND FEES; Retroactive Adjustments of Applicable Rate 62 2.11 Evidence of Debt 63 RETROACTIVE ADJUSTMENTS OF APPLICABLE RATE 45 2.12 Payments GenerallyEVIDENCE OF DEBT 46 2.13 PAYMENTS GENERALLY; Administrative Agent’s Clawback 63 2.13 Sharing of Payments by Lenders 65 ADMINISTRATIVE AGENT’S CLAWBACK 47 2.14 Designated Borrowers 66 SHARING OF PAYMENTS BY LENDERS 49 2.15 Increase Option 67 INTENTIONALLY DELETED 49 2.16 Cash Collateral 70 INCREASE IN COMMITMENTS 49 2.17 Defaulting Lenders 71 CASH COLLATERAL 50 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 DEFAULTING LENDERS 51 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 Taxes 53 3.01 TAXES 53 3.02 ILLEGALITY 57 3.03 INABILITY TO DETERMINE RATES 57 3.04 INCREASED COSTS; RESERVES ON EURODOLLAR RATE LOANS 58 3.05 COMPENSATION FOR LOSSES 59 3.06 MITIGATION OBLIGATIONS; REPLACEMENT OF LENDERS 60 3.07 SURVIVAL 60 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 60 4.01 CONDITIONS OF INITIAL CREDIT EXTENSION 60 4.02 CONDITIONS TO ALL CREDIT EXTENSIONS 62 ARTICLE V. REPRESENTATIONS AND WARRANTIES 63 5.01 EXISTENCE, QUALIFICATION AND POWER 63 5.02 AUTHORIZATION; NO CONTRAVENTION 63 5.03 GOVERNMENTAL AUTHORIZATION; OTHER CONSENTS 63 5.04 BINDING EFFECT 63 5.05 FINANCIAL STATEMENTS; NO MATERIAL ADVERSE EFFECT 63 5.06 LITIGATION 64 5.07 NO DEFAULT 64 5.08 OWNERSHIP OF PROPERTY; LIENS 64 5.09 ENVIRONMENTAL COMPLIANCE 64 5.10 TAXES 64 5.11 ERISA COMPLIANCE 64 5.12 SUBSIDIARIES; EQUITY INTERESTS 65 5.13 MARGIN REGULATIONS; INVESTMENT COMPANY ACT 65 5.14 DISCLOSURE 66 5.15 COMPLIANCE WITH LAWS 66 5.16 TAXPAYER IDENTIFICATION NUMBER 66 5.17 INTELLECTUAL PROPERTY; LICENSES, ETC. 66 5.18 REIT STATUS 66 5.19 UNENCUMBERED PROJECTS 67 ARTICLE VI. AFFIRMATIVE COVENANTS 68 6.01 FINANCIAL STATEMENTS AND OTHER INFORMATION 68 6.02 NOTICES 70 6.03 PAYMENT OF TAXES 70 6.04 PRESERVATION OF EXISTENCE, ETC. 70 6.05 MAINTENANCE OF PROPERTIES 71 6.06 MAINTENANCE OF INSURANCE 71 6.07 COMPLIANCE WITH LAWS 71 6.08 BOOKS AND RECORDS 71 6.09 INSPECTION RIGHTS 71 6.10 USE OF PROCEEDS AND LETTERS OF CREDIT 71 6.11 REIT STATUS 72 6.12 SUBSIDIARY GUARANTEES 72 ARTICLE VII. NEGATIVE COVENANTS 72 7.01 LIENS 72 7.02 INVESTMENTS 72 7.03 INTENTIONALLY DELETED 73 7.04 FUNDAMENTAL CHANGES 73 7.05 INTENTIONALLY DELETED 74 7.06 RESTRICTED PAYMENTS 74 7.07 CHANGE IN NATURE OF BUSINESS 74 7.08 TRANSACTIONS WITH AFFILIATES 74 7.09 INTENTIONALLY DELETED 74 7.10 USE OF PROCEEDS 74 7.11 FINANCIAL COVENANTS 74 ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES 75 3.2 Illegality 8.01 EVENTS OF DEFAULT 75 8.02 REMEDIES UPON EVENT OF DEFAULT 77 8.03 APPLICATION OF FUNDS 77 ARTICLE IX. ADMINISTRATIVE AGENT 78 9.01 APPOINTMENT AND AUTHORITY 78 9.02 RIGHTS AS A LENDER 78 9.03 EXCULPATORY PROVISIONS 79 3.3 Inability to Determine Rates 9.04 RELIANCE BY ADMINISTRATIVE AGENT 79 9.05 DELEGATION OF DUTIES 80 3.4 Increased Costs 9.06 RESIGNATION OR REMOVAL OF ADMINISTRATIVE AGENT 80 9.07 NON-RELIANCE ON ADMINISTRATIVE AGENT AND OTHER LENDERS 81 9.08 NO OTHER DUTIES, ETC. 81 9.09 ADMINISTRATIVE AGENT MAY FILE PROOFS OF CLAIM 81 9.10 LENDER REPLY PERIOD 82 3.5 Compensation for Losses 83 3.6 Mitigation ObligationsARTICLE X. MISCELLANEOUS 82 10.01 AMENDMENTS, ETC. 82 10.02 NOTICES; Replacement of Lenders EFFECTIVENESS; ELECTRONIC COMMUNICATION 84 3.7 Survival 84 15230250310.03 NO WAIVER; CUMULATIVE REMEDIES; ENFORCEMENT 86 10.04 EXPENSES; INDEMNITY; DAMAGE WAIVER 86 10.05 PAYMENTS SET ASIDE 88 10.06 SUCCESSORS AND ASSIGNS 89 10.07 TREATMENT OF CERTAIN INFORMATION; CONFIDENTIALITY 93 10.08 RIGHT OF SETOFF 94 10.09 INTEREST RATE LIMITATION 94 10.10 COUNTERPARTS; INTEGRATION; EFFECTIVENESS 94 10.11 SURVIVAL OF REPRESENTATIONS AND WARRANTIES 95 10.12 SEVERABILITY 95 10.13 REPLACEMENT OF LENDERS 95 10.14 GOVERNING LAW; JURISDICTION; ETC. 96 10.15 WAIVER OF JURY TRIAL 97 10.16 NO ADVISORY OR FIDUCIARY RESPONSIBILITY 97 10.17 ELECTRONIC EXECUTION OF ASSIGNMENTS AND CERTAIN OTHER DOCUMENTS 98 10.18 USA PATRIOT ACT 98 10.19 TIME OF THE ESSENCE 98 10.20 ENTIRE AGREEMENT 98 SCHEDULES

Appears in 1 contract

Samples: Credit Agreement (DCT Industrial Trust Inc.)

Definitions and Accounting Terms. 1.1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 29 1.03 Accounting Terms 38 1.4 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 29 1.04 Exchange Rates; Currency Equivalents 40 1.9 30 1.05 Additional Alternative Currencies 40 1.10 31 1.06 Change of Currency 41 1.11 Interest Rates 42 31 1.07 Times of Day 32 1.08 Letter of Credit Amounts 32 1.09 Rounding 32 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 2.01 Committed Loans 42 2.2 32 2.02 Borrowings, Conversions and Continuations of Committed Loans 43 2.3 33 2.03 Letters of Credit 45 2.4 34 2.04 Swing Line Loans 54 2.5 44 2.05 Prepayments 56 2.6 47 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 48 2.07 Repayment of Loans 60 2.8 48 2.08 Interest 61 2.9 48 2.09 Fees 62 50 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 50 2.11 Evidence of Debt 63 50 2.12 Payments Generally; Administrative Agent’s Clawback 63 51 2.13 Sharing of Payments by Lenders 65 53 2.14 Designated Borrowers 66 54 2.15 Optional Increase Option 67 in Commitments 55 2.16 Cash Collateral 70 57 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 58 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 3.01 Taxes 75 3.2 60 3.02 Illegality 79 3.3 66 3.03 Inability to Determine Rates 80 3.4 66 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurocurrency Rate Loans 67 3.05 Compensation for Losses 83 3.6 69 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 70 3.07 Survival 84 15230250371 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01 Conditions of Initial Credit Extension 71 4.02 Conditions to all Credit Extensions 72 ARTICLE V. REPRESENTATIONS AND WARRANTIES

Appears in 1 contract

Samples: Assignment and Assumption (Avnet Inc)

Definitions and Accounting Terms. 1.1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 23 1.03 Accounting Terms 38 1.4 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 24 1.04 Exchange Rates; Currency Equivalents 40 1.9 26 1.05 Additional Alternative Currencies 40 1.10 26 1.06 Change of Currency 41 1.11 Interest Rates 42 27 1.07 Times of Day 27 1.08 Letter of Credit Amounts 27 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 2.01 Committed Loans 42 2.2 28 2.02 Borrowings, Conversions and Continuations of Committed Loans 43 2.3 28 2.03 Letters of Credit 45 2.4 30 2.04 Swing Line Loans 54 2.5 38 2.05 Prepayments 56 2.6 41 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 42 2.07 Repayment of Loans 60 2.8 43 2.08 Interest 61 2.9 43 2.09 Fees 62 44 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 44 2.11 Evidence of Debt 63 45 2.12 Payments Generally; Administrative Agent’s Clawback 63 45 2.13 Sharing of Payments by Lenders 65 47 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 in Commitments 48 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 3.01 Taxes 75 3.2 49 3.02 Illegality 79 3.3 51 3.03 Inability to Determine Rates 80 3.4 52 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurocurrency Rate Loans 52 3.05 Compensation for Losses 83 3.6 54 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 55 3.07 Survival 84 15230250355 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01 Conditions of Initial Credit Extension 55 4.02 Conditions to all Credit Extensions 57 ARTICLE V. REPRESENTATIONS AND WARRANTIES 5.01 Existence, Qualification and Power 58 5.02 Authorization; No Contravention 58 5.03 Governmental Authorization; Other Consents 58 5.04 Binding Effect 58 5.05 Financial Statements; No Material Adverse Effect 59 5.06 Litigation 59 5.07 No Default 60 5.08 Ownership of Property; Liens 60 5.09 Environmental Compliance 60 5.10 Insurance 60 5.11 Taxes 60 5.12 ERISA Compliance 60 5.13 Subsidiaries; Equity Interests 61 5.14 Margin Regulations; Investment Company Act; Public Utility Holding Company Act61 5.15 Copyrights, Patents, Trademarks and Licenses, Etc 61 5.16 Disclosure 62 5.17 Compliance with Laws 62 5.18 Representations as to Foreign Obligors 62 ARTICLE VI. AFFIRMATIVE COVENANTS 6.01 Financial Statements 63 6.02 Certificates; Other Information 64 6.03 Notices 65 6.04 [Intentionally Deleted.] 66 6.05 Preservation of Existence, Etc 66 6.06 Maintenance of Properties 67 6.07 Maintenance of Insurance 67 6.08 Compliance with Laws and Contractual Obligations 67 6.09 Books and Records 67 6.10 Inspection Rights 67 6.11 Use of Proceeds 68 6.12 Approvals and Authorizations 68 ARTICLE VII. NEGATIVE COVENANTS 7.01 Limitation on Liens 68 7.02 Disposition of Assets 70 7.03 Consolidations and Mergers 70 7.04 Loans and Investments 71 7.05 Transactions with Affiliates 72 7.06 Contingent Obligations 72 7.07 Restricted Payments 72 7.08 Maintenance of Business 72 7.09 Minimum Interest Coverage 73 7.10 Maximum Total Indebtedness to Capitalization 73 7.11 Toro, TCC, Manufacturing and Exmark Portion of Sales Revenue 73 7.12 Negative Pledge Clause 73 7.13 Burdensome Contractual Obligation 73 ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES 8.01 Events of Default 74 8.02 Remedies Upon Event of Default 76 8.03 Application of Funds 77 ARTICLE IX. ADMINISTRATIVE AGENT 9.01 Appointment and Authority 78 9.02 Rights as a Lender 78 9.03 Exculpatory Provisions 78 9.04 Reliance by Administrative Agent 79 9.05 Delegation of Duties 79 9.06 Resignation of Administrative Agent 80 9.07 Non-Reliance on Administrative Agent and Other Lenders 80 9.08 No Other Duties, Etc 81 9.09 Administrative Agent May File Proofs of Claim 81 ARTICLE X.

Appears in 1 contract

Samples: Credit Agreement (Toro Co)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 32 1.03 Accounting Terms 38 1.4 33 1.04 Rounding 39 1.5 33 1.05 Times of Day 39 1.6 33 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 34 1.07 Interest Rates 34 1.08 Exchange Rates; Currency Equivalents 40 1.9 34 1.09 Additional Alternative Currencies 40 34 1.10 Change of Currency 41 1.11 Interest Rates 42 35 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 36 2.01 Committed Loans 42 2.2 36 2.02 Borrowings, Conversions and Continuations of Committed Loans 43 2.3 37 2.03 Letters of Credit 45 2.4 and Bankers’ Acceptances 38 2.04 Swing Line Loans 54 2.5 48 2.05 Prepayments 56 2.6 51 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 53 2.07 Repayment of Loans 60 2.8 53 2.08 Interest 61 2.9 53 2.09 Fees 62 54 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 55 2.11 Evidence of Debt 63 55 2.12 Payments Generally; Administrative Agent’s Clawback 63 55 2.13 Sharing of Payments by Lenders 65 57 2.14 Designated Borrowers 66 58 2.15 Extension of Maturity Date 61 2.16 Increase Option 67 2.16 in Commitments 62 2.17 Cash Collateral 70 2.17 63 2.18 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 64 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 66 3.01 Taxes 75 3.2 66 3.02 Illegality 79 3.3 71 3.03 Inability to Determine Rates 80 3.4 72 3.04 Increased Costs 82 3.5 74 3.05 Compensation for Losses 83 3.6 75 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 76 3.07 Survival 84 15230250377 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 77 4.01 Conditions of Closing 77 4.02 Conditions to all Credit Extensions 78 TABLE OF CONTENTS, (continued) Page

Appears in 1 contract

Samples: Credit Agreement (Thermo Fisher Scientific Inc.)

Definitions and Accounting Terms. 1 1.1 Defined Terms 1 1.2 Other Interpretive Provisions 37 35 1.3 Accounting Terms 38 36 1.4 Rounding 39 37 1.5 Times of Day 39 37 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 37 ARTICLE II. II THE COMMITMENTS AND CREDIT EXTENSIONS 38 2.1 Loans 42 The Borrowings 38 2.2 Borrowings, Conversions and Continuations of Loans 43 38 2.3 Letters of Credit 45 39 2.4 Swing Line Loans 54 Prepayments 48 2.5 Prepayments 56 2.6 Termination or Reduction of Revolving Credit Commitments 60 2.7 50 2.6 Repayment of Loans 60 51 2.7 Interest 51 2.8 Interest 61 Fees 52 2.9 Fees 62 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 52 2.10 Evidence of Debt 63 2.12 53 2.11 Payments Generally; Administrative Agent’s Clawback 63 2.13 54 2.12 Sharing of Payments by Lenders 65 56 2.13 Increase in Facility 57 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 58 2.15 Defaulting Lenders 71 2.18 Designation 59 2.16 Swingline Loans 61 2.17 Extension of Unrestricted and Restricted Subsidiaries 74 Maturity Date 62 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 65 3.1 Taxes 75 65 3.2 Illegality 79 69 3.3 Inability to Determine Rates 80 70 3.4 Increased Costs 82 Costs; Reserves on Eurodollar Rate Loans 71 3.5 Compensation for Losses 83 72 3.6 Mitigation Obligations; Replacement of Lenders 84 72 3.7 Survival 84 15230250373 ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 73 4.1 Conditions of Closing Date 73 4.2 Conditions to All Credit Extensions 77 ARTICLE V REPRESENTATIONS AND WARRANTIES 78 5.1 Existence, Qualification and Power 78

Appears in 1 contract

Samples: Revolving Credit Agreement (PBF Logistics LP)

Definitions and Accounting Terms. 1.1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 39 1.03 Accounting Terms 38 1.4 39 1.04 Rounding 39 1.5 41 1.05 Times of Day 39 1.6 41 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 1.07 Amendment and Restatement 41 1.08 Limited Condition Acquisitions 42 ARTICLE II. THE II COMMITMENTS AND CREDIT EXTENSIONS 2.1 2.01 Loans 42 2.2 43 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 2.03 Letters of Credit 45 2.4 44 2.04 Swing Line Loans 54 2.5 53 2.05 Prepayments 56 2.6 55 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 57 2.07 Repayment of Loans 60 2.8 58 2.08 Interest 61 2.9 59 2.09 Fees 62 59 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 60 2.11 Evidence of Debt 63 60 2.12 Payments Generally; Administrative Agent’s Clawback 63 61 2.13 Sharing of Payments by Lenders 65 62 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 63 2.15 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 64 2.16 Incremental Facilities 66 2.17 Refinancing Facilities 69 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 3.01 Taxes 75 3.2 70 3.02 Illegality 79 3.3 74 3.03 Inability to Determine Rates 80 3.4 75 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurodollar Rate Loans 77 3.05 Compensation for Losses 83 3.6 78 3.06 Mitigation Obligations; Replacement of Lenders 79 3.07 Survival 79 Page ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01 Conditions to the Initial Borrowing on the Closing Date 79 4.02 Conditions to all Credit Extensions 83 ARTICLE V REPRESENTATIONS AND WARRANTIES 5.01 Existence, Qualification and Power 83 5.02 Authorization; No Contravention 84 3.7 Survival 5.03 Governmental Authorization; Other Consents 84 1523025035.04 Binding Effect 84 5.05 Financial Statements; No Material Adverse Effect 84 5.06 Litigation 85 5.07 No Default 85 5.08 Subsidiaries and Equity Investments 85 5.09 Ownership 85 5.10 Ownership of Personal Property; Liens 85 5.11 Intellectual Property; Licenses; Etc. 85 5.12 Real Estate; Lease 86 5.13 Environmental Matters 86 5.14 Security Documents 87 5.15 Insurance 87 5.16 [Reserved] 87 5.17 Taxes 87 5.18 ERISA Compliance 87 5.19 Purpose of Loans and Letters of Credit 88 5.20 Margin Regulations; Investment Company Act 88 5.21 Disclosure 89 5.22 Compliance with Laws 89 5.23 Labor Matters 89 5.24 Solvency 90 5.25 [Intentionally Omitted] 90 5.26 Nature of Business 90 5.27 Sanctions 90 5.28 Anti-Corruption Laws 90 5.29 EEA Financial Institutions 90 5.30 Use of Proceeds 90 5.31 USA PATRIOT Act 90 ARTICLE VI AFFIRMATIVE COVENANTS 6.01 Financial Statements 91 6.02 Certificates; Other Information 92 6.03 Notices 93 6.04 Payment of Obligations 94 6.05 Preservation of Existence, Etc. 94 6.06 Maintenance of Properties 94 6.07 Maintenance of Insurance; Certain Proceeds 95 6.08 Compliance with Laws 95 6.09 Books and Records 95 Page 6.10 Inspection Rights 95 6.11 Further Assurances with Respect to Additional Loan Parties 96 6.12 Further Assurances with Respect to Collateral 97 6.13 Post-Closing Actions 97 6.14 Use of Proceeds 97 6.15 Environmental 97 ARTICLE VII NEGATIVE COVENANTS 7.01 Liens 98 7.02 Investments 100 7.03 Indebtedness 102 7.04 Fundamental Changes and Acquisitions 105 7.05 Dispositions 107 7.06 Restricted Payments 108

Appears in 1 contract

Samples: Credit Agreement (Integra Lifesciences Holdings Corp)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 25 1.03 Accounting Terms 38 1.4 26 1.04 Rounding 39 1.5 26 1.05 Times of Day 39 1.6 26 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 26 ARTICLE II. II THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 27 2.01 Revolving Loans 42 2.2 and Term Loans 27 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 27 2.03 Letters of Credit 45 2.4 28 2.04 Swing Line Loans 54 2.5 36 2.05 Prepayments 56 2.6 38 2.06 Termination or Reduction of Aggregate Revolving Credit Commitments 60 2.7 40 2.07 Repayment of Loans 60 2.8 41 2.08 Interest 61 2.9 42 2.09 Fees 62 42 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 43 2.11 Evidence of Debt 63 43 2.12 Payments Generally; Administrative Agent’s 's Clawback 63 43 2.13 Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 45 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 46 3.01 Taxes 75 3.2 46 3.02 Illegality 79 3.3 47 3.03 Inability to Determine Rates 80 3.4 48 3.04 Increased Costs 82 3.5 48 3.05 Compensation for Losses 83 3.6 49 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 50 3.07 Survival 84 15230250351 ARTICLE IV GUARANTY 51 4.01 The Guaranty 51 4.02 Obligations Unconditional 51 4.03 Reinstatement 52 4.04 Certain Additional Waivers 52 4.05 Remedies 52 4.06 Rights of Contribution 53 4.07 Guarantee of Payment; Continuing Guarantee 53 ARTICLE V CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 53 5.01 Conditions of Initial Credit Extension 53 5.02 Conditions to all Credit Extensions 57 ARTICLE VI REPRESENTATIONS AND WARRANTIES 57 6.01 Existence, Qualification and Power 57 6.02 Authorization; No Contravention 57

Appears in 1 contract

Samples: Credit Agreement (Matria Healthcare Inc)

Definitions and Accounting Terms. 1.1 Defined Terms 1 1.2 Other Interpretive Provisions 37 1.3 Accounting Terms 38 1.4 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 1.01 DEFINED TERMS 1 1.02 OTHER INTERPRETIVE PROVISIONS 27 1.03 ACCOUNTING TERMS 28 1.04 ROUNDING 28 1.05 TIMES OF DAY 29 1.06 LETTER OF CREDIT AMOUNTS 29 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 Loans 29 2.01 COMMITTED LOANS 29 2.02 BORROWINGS, CONVERSIONS AND CONTINUATIONS OF COMMITTED LOANS 29 2.03 INTENTIONALLY OMITTED 30 2.04 LETTERS OF CREDIT 30 2.05 SWING LINE LOANS 39 2.06 PREPAYMENTS 42 2.2 Borrowings, Conversions and Continuations of Loans 2.07 TERMINATION OR REDUCTION OF COMMITMENTS 43 2.3 Letters of Credit 2.08 REPAYMENT OF LOANS 43 2.09 INTEREST 43 2.10 FEES 44 2.11 COMPUTATION OF INTEREST AND FEES; RETROACTIVE ADJUSTMENTS OF APPLICABLE RATE 44 2.12 EVIDENCE OF DEBT. 45 2.4 Swing Line Loans 54 2.5 Prepayments 56 2.6 Termination or Reduction of Revolving Credit Commitments 60 2.7 Repayment of Loans 60 2.8 Interest 61 2.9 Fees 62 2.10 Computation of Interest and Fees2.13 PAYMENTS GENERALLY; Retroactive Adjustments of Applicable Rate 62 2.11 Evidence of Debt 63 2.12 Payments Generally; Administrative Agent’s Clawback 63 2.13 Sharing of Payments by Lenders 65 ADMINISTRATIVE AGENT’S CLAWBACK 46 2.14 Designated Borrowers 66 SHARING OF PAYMENTS BY LENDERS 47 2.15 Increase Option 67 EXTENSION OF MATURITY DATE 48 2.16 Cash Collateral 70 INCREASE IN COMMITMENTS 49 2.17 Defaulting Lenders 71 CASH COLLATERAL 50 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 DEFAULTING LENDERS 51 2.19 ADDITION AND REMOVAL OF UNENCUMBERED PROPERTIES 53 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 Taxes 54 3.01 TAXES 54 3.02 ILLEGALITY 59 3.03 INABILITY TO DETERMINE RATES 59 3.04 INCREASED COSTS; RESERVES ON EURODOLLAR RATE LOANS 60 3.05 COMPENSATION FOR LOSSES 61 3.06 MITIGATION OBLIGATIONS; REPLACEMENT OF LENDERS 62 3.07 SURVIVAL 62 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 62 4.01 CONDITIONS OF INITIAL CREDIT EXTENSION 62 4.02 CONDITIONS TO ALL CREDIT EXTENSIONS 64 ARTICLE V. REPRESENTATIONS AND WARRANTIES 65 5.01 EXISTENCE, QUALIFICATION AND POWER 65 5.02 AUTHORIZATION; NO CONTRAVENTION 65 5.03 GOVERNMENTAL AUTHORIZATION; OTHER CONSENTS 65 5.04 BINDING EFFECT 65 5.05 FINANCIAL STATEMENTS; NO MATERIAL ADVERSE EFFECT 65 5.06 LITIGATION 66 5.07 NO DEFAULT 66 5.08 OWNERSHIP OF PROPERTY; LIENS 66 5.09 ENVIRONMENTAL COMPLIANCE 66 5.10 TAXES 66 5.11 ERISA COMPLIANCE 67 5.12 SUBSIDIARIES; EQUITY INTERESTS 67 5.13 MARGIN REGULATIONS; INVESTMENT COMPANY ACT 68 5.14 DISCLOSURE 68 5.15 COMPLIANCE WITH LAWS 68 5.16 TAXPAYER IDENTIFICATION NUMBER 68 5.17 INTELLECTUAL PROPERTY; LICENSES, ETC 68 5.18 REIT STATUS 69 5.19 UNENCUMBERED PROPERTIES 69 ARTICLE VI. AFFIRMATIVE COVENANTS 71 6.01 FINANCIAL STATEMENTS AND OTHER INFORMATION 71 6.02 NOTICES 72 6.03 PAYMENT OF TAXES 73 6.04 PRESERVATION OF EXISTENCE, ETC 73 6.05 MAINTENANCE OF PROPERTIES 73 6.06 MAINTENANCE OF INSURANCE 73 6.07 COMPLIANCE WITH LAWS 73 6.08 BOOKS AND RECORDS 73 6.09 INSPECTION RIGHTS 74 6.10 USE OF PROCEEDS AND LETTERS OF CREDIT 74 6.11 REIT STATUS 74 6.12 SUBSIDIARY GUARANTEES 74 ARTICLE VII. NEGATIVE COVENANTS 75 3.2 Illegality 79 3.3 Inability to Determine Rates 7.01 LIENS 75 7.02 INVESTMENTS 75 7.03 INTENTIONALLY DELETED 75 7.04 FUNDAMENTAL CHANGES 75 7.05 INTENTIONALLY DELETED 76 7.06 RESTRICTED PAYMENTS 76 7.07 CHANGE IN NATURE OF BUSINESS 76 7.08 TRANSACTIONS WITH AFFILIATES 76 7.09 INTENTIONALLY DELETED 76 7.10 USE OF PROCEEDS 76 7.11 FINANCIAL COVENANTS 76 7.12 KEYBANK LINE OF CREDIT 78 ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES 78 8.01 EVENTS OF DEFAULT 78 8.02 REMEDIES UPON EVENT OF DEFAULT 80 3.4 Increased Costs 8.03 APPLICATION OF FUNDS 80 ARTICLE IX. ADMINISTRATIVE AGENT 81 9.01 APPOINTMENT AND AUTHORITY 81 9.02 RIGHTS AS A LENDER 81 9.03 EXCULPATORY PROVISIONS 82 3.5 Compensation for Losses 9.04 RELIANCE BY ADMINISTRATIVE AGENT 83 3.6 Mitigation Obligations9.05 DELEGATION OF DUTIES 83 9.06 RESIGNATION OF ADMINISTRATIVE AGENT 83 9.07 NON-RELIANCE ON ADMINISTRATIVE AGENT AND OTHER LENDERS 85 9.08 NO OTHER DUTIES, ETC 85 9.09 ADMINISTRATIVE AGENT MAY FILE PROOFS OF CLAIM 85 9.10 LENDER REPLY PERIOD. 86 ARTICLE X. MISCELLANEOUS 87 10.01 AMENDMENTS, ETC 87 10.02 NOTICES; Replacement of Lenders 84 3.7 Survival 84 152302503EFFECTIVENESS; ELECTRONIC COMMUNICATION 88 10.03 NO WAIVER; CUMULATIVE REMEDIES; ENFORCEMENT 90

Appears in 1 contract

Samples: Credit Agreement (Industrial Income Trust Inc.)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 31 1.03 Accounting Terms 38 1.4 32 1.04 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 32 1.05 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 33 1.06 Change of Currency 41 1.11 Interest Rates 42 33 1.07 Times of Day 33 ARTICLE II. II THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 BORROWINGS 34 2.01 Loans 42 2.2 34 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 34 2.03 Collateral Security 36 2.04 Prepayments 56 2.6 36 2.05 Termination or Reduction of Revolving Credit Commitments 60 2.7 37 2.06 Repayment of Loans 60 2.8 38 2.07 Interest 61 2.9 38 2.08 Fees 62 2.10 39 2.09 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Fees 39 2.10 Evidence of Debt 63 2.12 39 2.11 Payments Generally; Administrative Agent’s Clawback 63 2.13 40 2.12 Sharing of Payments by Lenders 65 42 2.13 Concerning Joint and Several Liability of the Borrowers 42 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 Contribution 45 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 46 3.01 Taxes 75 3.2 46 3.02 Illegality 79 3.3 48 3.03 Inability to Determine Rates 80 3.4 48 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurodollar Loans 48 3.05 Compensation for Losses 83 3.6 50 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 Obligations 50 3.07 Survival 84 15230250351 ARTICLE IV CONDITIONS PRECEDENT TO EFFECTIVENESS AND BORROWINGS 51 4.01 Conditions to Effectiveness 51 4.02 Conditions to Initial Borrowing 51 4.03 Conditions to all Borrowings 53

Appears in 1 contract

Samples: Credit Agreement (KKR Financial Holdings LLC)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 42 1.03 Accounting Terms 38 1.4 43 1.04 Rounding 39 1.5 44 1.05 Times of Day 39 1.6 44 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest 44 1.07 UCC Terms 44 1.08 Rates 42 ARTICLE II. THE 44 Article II COMMITMENTS AND CREDIT EXTENSIONS 2.1 45 2.01 Loans 42 2.2 45 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 45 2.03 Letters of Credit 45 2.4 Swing Line 47 2.04 Swingline Loans 54 2.5 55 2.05 Prepayments 56 2.6 58 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 2.07 Repayment of Loans 60 2.8 61 2.08 Interest 61 2.9 and Default Rate 62 2.09 Fees 62 63 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 64 2.11 Evidence of Debt 63 64 2.12 Payments Generally; Administrative Agent’s Clawback 63 65 2.13 Sharing of Payments by Lenders 65 Lxxxxxx 67 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 68 2.15 Defaulting Lenders 68 2.16 Extension of Maturity Date 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 ARTICLE III. 2.17 Incremental Facilities 72 Article III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 77 3.01 Taxes 75 3.2 77 3.02 Illegality 79 3.3 Inability to Determine Rates 80 3.4 81 3.03 Benchmark Replacement 81 3.04 Increased Costs 82 3.5 Costs. 83 3.05 Compensation for Losses 83 3.6 84 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 3.07 Survival 84 15230250385 Article IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 85 4.01 Conditions of Initial Credit Extension 85 4.02 Conditions to all Credit Extensions 87 Article V REPRESENTATIONS AND WARRANTIES 88 5.01 Existence, Qualification and Power 88 5.02 Authorization; No Contravention 88 5.03 Governmental Authorization; Other Consents 88 5.04 Binding Effect 89 5.05 Financial Statements; No Material Adverse Effect 89 5.06 Litigation 89 5.07 No Default 90 5.08 Ownership of Property 90 5.09 Environmental Matters 90 5.10 Insurance 91 5.11 Taxes 91 5.12 Plan Compliance 91 5.13 Margin Regulations; Investment Company Act 92 5.14 Disclosure 92 5.15 Compliance with Laws 93 5.16 Solvency 93 5.17 Casualty, Etc 93 5.18 Sanctions Concerns and Anti-Corruption Laws 93 5.19 Responsible Officers 93 5.20 Subsidiaries; Equity Interests; Loan Parties 94 5.21 Collateral Representations 94 5.22 EEA Financial Institutions 96 5.23 Beneficial Ownership Certification 96 5.24 Regulation H 96 5.25 Intellectual Property; Licenses, Etc 96 5.26 Labor Matters 97 5.27 Privacy and Data Security 97 Article VI AFFIRMATIVE COVENANTS 97 6.01 Financial Statements 97 6.02 Certificates; Other Information 98 6.03 Notices 100 6.04 Payment of Obligations 101 6.05 Preservation of Existence, Etc 101 6.06 Maintenance of Properties 101 6.07 Maintenance of Insurance 102 6.08 Compliance with Laws 102 6.09 Books and Records 102 6.10 Inspection Rights 103 6.11 Use of Proceeds 103 6.12 Covenant to Guarantee Obligations 103 6.13 Covenant to Give Security 103 6.14 Compliance with Environmental Laws 104 6.15 Anti-Corruption Laws; Sanctions 104 6.16 Approvals and Authorizations 105 6.17 [Reserved] 105 6.18 [Reserved] 105 6.19 Further Assurances 105 6.20 Post-Closing Matters 105 6.21 Designation of Unrestricted Subsidiaries 106 Article VII NEGATIVE COVENANTS 107 7.01 Liens 107 7.02 Indebtedness 109 7.03 Investments 111 7.04 Fundamental Changes 112 7.05 Dispositions 113 7.06 Restricted Payments 114 7.07 Change in Nature of Business 114 7.08 Transactions with Affiliates 114 7.09 [Reserved] 115 7.10 Use of Proceeds 115 7.11 Financial Covenants 115

Appears in 1 contract

Samples: Credit Agreement (Zeta Global Holdings Corp.)

Definitions and Accounting Terms. 1.1 1.01. Defined Terms 1 1.2 1.02. Other Interpretive Provisions 37 1.3 43 1.03. Accounting Terms 38 1.4 44 1.04. Rounding 39 1.5 44 1.05. Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange RatesDay; Rates 4544 1.06. Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 Generally 45 1.07. Concurrent Fixed/Ratio Basket Usage 45 1.08. Limited Condition Transactions 4645 1.09. Cashless Settlement 4746 ARTICLE II. II THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 2.01. The Loans 42 2.2 47 2.02. Borrowings, Conversions and Continuations of Loans 43 2.3 Letters 47 2.03. Prepayments 48 2.04. Termination of Credit 45 2.4 Swing Line Loans 54 2.5 Prepayments 56 2.6 Termination or Reduction of Revolving Credit Commitments 60 2.7 52 2.05. Repayment of Loans 60 2.8 52 2.06. Interest 61 2.9 52 2.07. Fees 62 2.10 53 2.08. Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Fees 53 2.09. Evidence of Debt 63 2.12 53 2.10. Payments Generally; Administrative Agent’s Clawback 63 2.13 53 2.11. Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 55 2.12. Refinancing Amendment 56 2.13. Incremental Facilities 5756 2.14. Extension of Term Loans 6059 2.15. Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 6261 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 3.01. Taxes 75 3.2 6362 3.02. Illegality 79 3.3 66 3.03. Inability to Determine Rates 80 3.4 67 3.04. Increased Costs 82 3.5 Costs; Reserves on Eurodollar Rate Loans 6867 3.05. Compensation for Losses 83 3.6 69 3.06. Mitigation Obligations; Replacement of Lenders 69 3.07. Survival 70 3.08. Successor LIBOR 70 ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01. Conditions of Initial Credit Extension 71 4.02. Conditions to All Credit Extensions 7374 ARTICLE V REPRESENTATIONS AND WARRANTIES 5.01. Existence, Qualification and Power 74 5.02. Authorization; No Contravention 74 5.03. Governmental Authorization; Other Consents 75 5.04. Binding Effect 75 5.05. Financial Statements; No Material Adverse Effect 75 5.06. Litigation 76 5.07. No Default 76 5.08. Ownership of Property; Liens; Investments 76 5.09. Environmental Compliance 77 5.10. Insurance 78 5.11. Taxes 78 5.12. ERISA Compliance 78 5.13. Restricted Subsidiaries; Equity Interests; Loan Parties 79 5.14. Margin Regulations; Investment Company Act 79 5.15. Disclosure 79 5.16. Compliance with Laws 80 5.17. Intellectual Property; Licenses, Etc 80 5.18. Solvency 80 5.19. OFAC 80 5.20. Anti-Corruption Laws 80 5.21. Money Laundering and Counter-Terrorist Financing Laws 8081 5.22. EEA Financial Institution 81 5.23. ERISA 81 5.24. Beneficial Ownership Certification 81 ARTICLE VI AFFIRMATIVE COVENANTS 6.01. Financial Statements 81 6.02. Certificates; Other Information 82 6.03. Notices 8483 6.04. Payment of Obligations 84 3.7 Survival 6.05. Preservation of Existence, Etc 84 1523025036.06. Maintenance of Properties 85 6.07. Maintenance of Insurance 85 6.08. Compliance with Laws 85 6.09. Books and Records 85 6.10. Inspection Rights 85 6.11. Use of Proceeds 86 6.12. Covenant to Guarantee Obligations and Give Security 86 6.13. Compliance with Environmental Laws 90 6.14. Further Assurances 90 6.15. Information Regarding Collateral 91 6.16. Anti-Corruption Laws and Sanctions 91 6.17. Maintenance of Ratings 91 6.18. Designation of Subsidiaries 91 ARTICLE VII NEGATIVE COVENANTS 7.01. Liens 92 7.02. Indebtedness 96 7.03. Investments 103 7.04. Fundamental Changes 106 7.05. Dispositions 107106 7.06. Dividends 109 7.07. Change in Nature of Business 111 7.08. Transactions with Affiliates 111 7.09. Burdensome Agreements 111 7.10. Use of Proceeds 112 7.11. Sanctions 113112 7.12. Prohibition on Division/Series Transactions 113112 7.13. Accounting Changes 113 7.14. Prepayments, Etc. of Indebtedness 113 7.15. Amendment, Etc. of Indebtedness and Organizational Documents 114 7.16. Anti-Corruption Laws 115 ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES 8.01. Events of Default 115 8.02. Remedies upon Event of Default 118117 8.03. Application of Funds 118 ARTICLE IX ADMINISTRATIVE AGENT 9.01. Appointment and Authority 119118 9.02. Rights as a Lender 119 9.03. Exculpatory Provisions 119 9.04. Reliance by Administrative Agent 120 9.05. Delegation of Duties 121120

Appears in 1 contract

Samples: Credit Agreement (Ciena Corp)

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Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 26 1.03 Accounting Terms 38 1.4 27 1.04 Rounding 39 1.5 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 27 1.05 Exchange Rates; Currency Equivalents 40 1.9 27 1.06 Additional Alternative Currencies 40 1.10 28 1.07 Change of Currency 41 1.11 Interest Rates 42 29 1.08 Times of Day 29 1.09 Letter of Credit Amounts 29 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 29 2.01 Committed Loans 42 2.2 29 2.02 Borrowings, Conversions and Continuations of Committed Loans 43 2.3 30 2.03 Letters of Credit 45 2.4 and Bankers’ Acceptances 32 2.04 Swing Line Loans 54 2.5 41 2.05 Prepayments 56 2.6 44 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 45 2.07 Repayment of Loans 60 2.8 46 2.08 Interest 61 2.9 46 2.09 Fees 62 47 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 47 2.11 Evidence of Debt 63 47 2.12 Payments Generally; Administrative Agent’s Clawback 63 48 2.13 Sharing of Payments by Lenders 65 50 2.14 Designated Borrowers 66 50 2.15 Extension of Maturity Date 53 2.16 Increase Option 67 2.16 in Commitments 55 2.17 Cash Collateral 70 2.17 56 2.18 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 57 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 59 3.01 Taxes 75 3.2 59 3.02 Illegality 79 3.3 63 3.03 Inability to Determine Rates 80 3.4 64 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurocurrency Rate Loans 64 3.05 Compensation for Losses 83 3.6 66 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 67 3.07 Survival 84 15230250367 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 67 4.01 Conditions of Closing 67 4.02 Conditions to all Credit Extensions 69 TABLE OF CONTENTS (continued) Page

Appears in 1 contract

Samples: Credit Agreement (Thermo Fisher Scientific Inc.)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 14 1.03 Accounting Terms 38 1.4 15 1.04 Rounding 39 1.5 15 1.05 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 16 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 16 2.01 Loans 42 2.2 16 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 Letters 16 2.03 Intentionally Omitted. 17 2.04 Intentionally Omitted. 17 2.05 Prepayments 17 2.06 Intentionally Omitted 18 2.07 Scheduled Repayments of Credit 45 2.4 Swing Line Loans 54 2.5 Prepayments 56 2.6 Termination or Reduction of Revolving Credit Commitments 60 2.7 Repayment of Loans 60 2.8 Loans. 18 2.08 Interest 61 2.9 18 2.09 Fees 62 19 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 19 2.11 Evidence of Debt 63 19 2.12 Payments Generally; Administrative Agent’s Clawback 63 's Clawback. 19 2.13 Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 21 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 21 3.01 Taxes 75 3.2 21 3.02 Illegality 79 3.3 22 3.03 Inability to Determine Rates 80 3.4 22 3.04 Increased Costs 82 3.5 23 3.05 Compensation for Losses 83 3.6 24 3.06 Mitigation ObligationsObligations 24 3.07 Survival 24 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 24 4.01 Conditions of Initial Borrowing 24 4.02 Additional Conditions to Borrowings 26 ARTICLE V. REPRESENTATIONS AND WARRANTIES 26 5.01 Existence, Qualification and Power; Replacement of Lenders 84 3.7 Survival 84 152302503Compliance with Laws 26 5.02 Authorization; No Contravention 27 5.03 Governmental Authorization; Other Consents 27 5.04 Binding Effect 27

Appears in 1 contract

Samples: Credit Agreement (MV Oil Trust)

Definitions and Accounting Terms. 1.1 1 1.01. Defined Terms 1 1.2 1.02. Other Interpretive Provisions 37 1.3 21 1.03. Accounting Terms 38 1.4 21 1.04. Rounding 39 1.5 22 1.05. Times of Day 39 1.6 22 1.06. Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 22 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 22 2.01. Loans 42 2.2 22 2.02. Borrowings, Conversions and Continuations of Loans 43 2.3 22 2.03. Letters of Credit 45 2.4 Swing Line Loans 54 2.5 23 2.04. Prepayments 56 2.6 30 2.05. Termination or Reduction of Revolving Credit Commitments 60 2.7 30 2.06. Repayment of Loans 60 2.8 31 2.07. Interest 61 2.9 31 2.08. Fees 62 2.10 31 2.09. Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Fees 32 2.10. Evidence of Debt 63 2.12 32 2.11. Payments Generally; Administrative Agent’s Clawback 63 2.13 33 2.12. Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash 34 2.13. Collateral 70 2.17 35 2.14. No Fees Paid to Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 36 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 36 3.01. Taxes 75 3.2 36 3.02. Illegality 79 3.3 38 3.03. Inability to Determine Rates 80 3.4 38 3.04. Increased Costs 82 3.5 39 3.05. Compensation for Losses 83 3.6 40 3.06. Mitigation Obligations; Replacement of Lenders 84 3.7 40 3.07. Survival 84 15230250341 ARTICLE IV. BORROWING BASE 41 4.01. Borrowing Base 41 4.02. Periodic Determinations of Borrowing Base 41 4.03. Special Determinations of Borrowing Base 42 4.04. General Procedures With Respect to Determination of Borrowing Base 42 4.05. Borrowing Base Reductions 43 4.06. Borrowing Base Deficiency 43 4.07. Borrowing Base Increase Fee 44 4.08. Mortgage of Additional Properties 44

Appears in 1 contract

Samples: Credit Agreement (Gulfport Energy Corp)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 13 1.03 Accounting Terms 38 1.4 Rounding 39 1.5 14 1.04 INTENTIONALLY OMITTED 14 1.05 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 14 ARTICLE II. II THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 14 2.01 Loans 42 2.2 Borrowings, Conversions and Continuations of Loans 43 2.3 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 14 2.02 INTENTIONALLY OMITTED 15 2.03 INTENTIONALLY OMITTED 15 2.04 INTENTIONALLY OMITTED 15 2.05 INTENTIONALLY OMITTED 15 2.06 INTENTIONALLY OMITTED 15 2.07 INTENTIONALLY OMITTED 15 2.08 INTENTIONALLY OMITTED 15 2.09 Prepayments 56 2.6 Termination or Reduction of Revolving Credit Commitments 60 2.7 16 2.10 Mandatory Prepayment 16 2.11 INTENTIONALLY OMITTED 17 2.12 INTENTIONALLY OMITTED 17 2.13 Interest; Repayment of Loans 60 2.8 Interest 61 2.9 17 2.14 INTENTIONALLY OMITTED 18 2.15 Fees 62 2.10 18 2.16 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Fees 18 2.17 Evidence of Debt 63 2.12 19 2.18 Payments Generally; Administrative Agent’s Clawback 63 2.13 Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 Generally 19 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 19 3.01 Taxes 75 3.2 Illegality 79 3.3 Inability to Determine Rates 80 3.4 19 3.02 INTENTIONALLY OMITTED 20 3.03 Increased Costs 82 3.5 Compensation for Losses 83 3.6 Mitigation Obligations20 3.04 INTENTIONALLY OMITTED 21 3.05 INTENTIONALLY OMITTED 21 3.06 Survival 21 ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 21 4.01 Conditions of Initial Credit Extension 21 4.02 Conditions to all Credit Extensions 25 4.03 INTENTIONALLY OMITTED 25 4.04 Conditions of Loans 25 ARTICLE V REPRESENTATIONS AND WARRANTIES 27 5.01 Existence, Qualification and Power; Replacement Compliance with Laws 27 5.02 Authorization; No Contravention 27 5.03 Governmental Authorization; Other Consents 27 5.04 Binding Effect 28 5.05 Financial Statements; No Material Adverse Effect 28 5.06 Litigation 28 5.07 No Default 28 5.08 Ownership of Lenders 84 3.7 Survival 84 152302503Property; Liens 29 5.09 Insurance 29 5.10 Taxes 29 5.11 ERISA Compliance 29 5.12 Subsidiaries 30 5.13 Margin Regulations; Investment Company Act; Public Utility Holding Company Act 30 5.14 Disclosure 30 5.15 Compliance with Laws 30 5.16 Intellectual Property; Licenses, Etc. 31 5.17 Rights in Collateral; Priority of Liens 31 5.18 INTENTIONALLY OMITTED 31 5.19 Patriot Act, Etc. 31 5.20 Business Interruptions 31 5.21 Acquisitions, Names and Organization Numbers 31 5.22 Solvency 32 5.23 Common Enterprise 32 5.24 Senior Financing 33 5.25 MELF Financing 33 5.26 Location of Collateral 33 ARTICLE VI AFFIRMATIVE COVENANTS 33 6.01 Financial Statements 33 6.02 Certificates; Other Information 34 6.03 Notices 35 6.04 Payment of Obligation 35 6.05 Preservation of Existence, Etc. 35 6.06 Maintenance of Properties 35 6.07 Maintenance of Insurance 36 6.08 Compliance with Contractual Obligations and Laws 36 6.09 Books and Records 36 6.10 Inspection Rights 37 6.11 Use of Proceeds 37 6.12 Employment Objective 37 6.13 Guarantor 37 6.14 Collateral Records 37 6.15 Security Interests 37 6.16 ERISA Matters 38 6.17 INTENTIONALLY OMITTED 38 6.18 Prevailing Wages and Applicable Law related to Funding Sources 38 6.19 Affiliate Indebtedness 38 6.20 Additional Documents and Future Actions 38 6.21 City of Philadelphia Code 38 6.22 Senior Financing 38 6.23 MELF Financing 39 6.24 RACP Grant 39 ARTICLE VII NEGATIVE COVENANTS 39 7.01 Liens 39 7.02 INTENTIONALLY OMITTED 40 7.03 Indebtedness 40 7.04 Acquisitions 41 7.05 Guarantees 41 7.06 Fundamental Changes 41 7.07 Sublease or Disposition of Navy Yard Property 42 7.08 INTENTIONALLY OMITTED 42 7.09 Change in Nature of Business 42 7.10 INTENTIONALLY OMITTED 42 7.11 Burdensome Agreements 42 7.12 Use of Proceeds 42 7.13 Patriot Act, Etc. 43 7.14 INTENTIONALLY OMITTED 43 7.15 Tax Returns 43 ii

Appears in 1 contract

Samples: Credit Agreement (Tasty Baking Co)

Definitions and Accounting Terms. 1.1 1.01 Defined Terms 1 1.2 2 1.02 Other Interpretive Provisions 37 1.3 42 1.03 Accounting Terms 38 1.4 Rounding 39 1.5 43 1.08 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 44 1.05 Exchange Rates; Currency Equivalents 40 1.9 44 1.06 Additional Alternative Currencies 40 1.10 45 1.07 Change of Currency 41 1.11 Interest Rates 42 45 1.08 Times of Day 46 1.09 Letter of Credit Amounts 46 1.10 [Reserved] 46 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 2.01 Committed Loans 42 2.2 47 2.02 Borrowings, Conversions and Continuations of Committed Loans 43 2.3 48 2.03 Letters of Credit 45 2.4 50 2.04 Swing Line Loans 54 2.5 57 2.05 Prepayments 56 2.6 60 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 62 2.07 Repayment of Loans 60 2.8 63 2.08 Interest 61 2.9 63 2.09 Fees 62 64 2.10 Computation of Interest and FeesComputations; Retroactive Adjustments of Applicable Rate 62 65 2.11 Evidence of Debt 63 65 2.12 Payments Generally; Administrative Agent’s Clawback 63 66 2.13 Sharing of Payments by Lenders 65 68 2.14 Designated Borrowers 66 68 2.15 Increase Option 67 in Commitments 70 2.16 Cash Collateral 70 72 2.17 Defaulting Lenders 71 73 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 Designated Lenders 75 2.19 Sustainability Adjustments 75 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 3.01 Taxes 75 3.2 76 3.02 Illegality 79 3.3 80 3.03 Inability to Determine Rates 80 3.4 81 3.04 Increased Costs 82 3.5 88 3.05 Compensation for Losses 83 3.6 89 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 90 3.07 Survival 84 15230250390 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01 Conditions of Initial Credit Extension 90 4.02 Conditions to all Credit Extensions 92 ARTICLE V. REPRESENTATIONS AND WARRANTIES 5.01 Organization and Power 93 5.02 Authorization; Enforceable Obligations 93 TABLE OF CONTENTS (continued) Page 5.03 Financial Condition; No Material Adverse Effect 94 5.04 Taxes 94 5.05 Title to Properties 94 5.06 Litigation 94 5.07 Agreements 95 5.08 ERISA Compliance 95 5.09 Margin Regulations; Investment Company Act 95 5.10 Approvals 96 5.11 Subsidiaries and Affiliates 96 5.12 Environmental Compliance 96 5.13 No Default 96 5.15 Permits and Licenses 96 5.16 Compliance with Law 96 5.17 Disclosure 96 5.18 Labor Disputes and Acts of God 97 5.20 Sanctions and Anti-Corruption Laws 97 5.21 Intellectual Property; Licenses, Etc. 97 5.23 EEA Financial Institutions 97 5.24 Covered Entities 97 5.26 U.K. Pensions 97 ARTICLE VI. AFFIRMATIVE COVENANTS 6.01 Financial Statements 97 6.02 Certificates; Other Information 98 6.03 Notices 99 6.04 Payment of Obligations 99 6.05 Preservation of Existence, Etc. 100 6.06 Maintenance of Properties 100 6.07 Maintenance of Insurance 100 6.08 Compliance with Laws 100 6.09 Books and Records 100 6.10 Inspection Rights 100 6.11 Use of Proceeds 101 6.12 Additional Subsidiary Guarantors; Additional Security 101 6.13 Designation as Senior Debt 102 6.14 Approvals and Authorizations 102 6.15 Further Assurances 102 6.16 Information Regarding Collateral 102 6.17 Post-Closing Date Obligations 102 6.18 Anti-Corruption Laws 102 ARTICLE VII. NEGATIVE COVENANTS 7.01 Liens 102 7.02 Investments 104 7.03 Indebtedness 106 7.04 Fundamental Changes 108 7.05 Dispositions 108 7.06 Restricted Payments 110 7.07 Change in Nature of Business 110 7.08 Transactions with Affiliates 110 TABLE OF CONTENTS (continued) Page 7.09 Burdensome Agreements 111 7.10 Use of Proceeds 111 7.11 Financial Covenants 111 7.12 Accounting Policies and Procedures 112 7.13 Subordinated Indebtedness 112 7.14 Seller Indebtedness 112 7.16 Sanctions and Anti-Corruption Laws 112 ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES 8.01 Events of Default 113 8.02 Remedies Upon Event of Default 115 8.03 Application of Funds 115 8.04 Collateral Allocation Mechanism 116 ARTICLE IX. ADMINISTRATIVE AGENT

Appears in 1 contract

Samples: Credit Agreement (Hain Celestial Group Inc)

Definitions and Accounting Terms. 1.1 Defined Terms 1 1.2 1.01 Definitions 1 1.02 Other Interpretive Provisions 37 1.3 38 1.03 Accounting Terms 38 1.4 39 1.04 Rounding 39 1.5 41 1.05 Times of Day 39 1.6 41 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest 42 1.07 Rates 42 ARTICLE 1.08 Certain Determinations 42 Article II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 Loans 42 2.2 43 2.01 Commitments 43 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 45 2.03 Letters of Credit 45 2.4 Swing Line 47 2.04 Swingline Loans 54 2.5 58 2.05 Prepayments 56 2.6 60 2.06 Termination or Reduction of Aggregate Revolving Credit Commitments 60 2.7 63 2.07 Repayment of Loans 60 2.8 63 2.08 Interest 61 2.9 64 2.09 Fees 62 65 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 65 2.11 Evidence of Debt 63 66 2.12 Payments Generally; Administrative Agent’s Clawback 63 66 2.13 Sharing of Payments by Lenders 65 Xxxxxxx 68 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 69 2.15 Defaulting Lenders 71 70 2.16 Reverse Dutch Auction Prepayments 72 2.17 Refinancing Facilities 74 2.18 Designation of Unrestricted Amend and Restricted Subsidiaries 74 ARTICLE Extend Transactions 75 Article III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 77 3.01 Taxes 75 3.2 77 3.02 Illegality 79 3.3 81 3.03 Inability to Determine Rates 80 3.4 82 3.04 Increased Costs 82 3.5 84 3.05 Compensation for Losses 83 3.6 86 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 Survival 84 15230250386

Appears in 1 contract

Samples: Credit Agreement (Dycom Industries Inc)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 35 1.03 Accounting Terms 38 1.4 35 1.04 Rounding 39 1.5 36 1.05 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange RatesDay; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 36 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 37 2.01 Loans 42 2.2 37 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 37 2.03 [Intentionally Omitted] 38 2.04 [Intentionally Omitted] 38 2.05 [Intentionally Omitted] 38 2.06 Prepayments 56 2.6 38 2.07 Termination or Reduction of Revolving Credit Commitments 60 2.7 39 2.08 Repayment of Loans 60 2.8 40 2.09 Interest 61 2.9 40 2.10 Fees 62 2.10 40 2.11 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 41 2.12 Evidence of Debt 63 2.12 41 2.13 Payments Generally; Administrative Agent’s Clawback 63 2.13 42 2.14 Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 44 2.15 Increase Option 67 [Intentionally Omitted] 44 2.16 Cash Collateral 70 Incremental Term Loans 44 2.17 [Intentionally Omitted] 45 2.18 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 45 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 47 3.01 Taxes 75 3.2 47 3.02 Illegality 79 3.3 52 3.03 Inability to Determine Rates 80 3.4 52 3.04 Increased Costs 82 3.5 Costs; Reserves on LIBOR Loans 53 3.05 Compensation for Losses 83 3.6 55 3.06 Mitigation Obligations; Replacement of Lenders 55 3.07 Survival 56 ARTICLE IV. CONDITIONS PRECEDENT 56 4.01 Conditions of Effectiveness 56 4.02 Conditions to all Borrowings 58 ARTICLE V. REPRESENTATIONS AND WARRANTIES 59 5.01 Existence, Qualification and Power 59 5.02 Authorization; No Contravention 59 5.03 Governmental Authorization; Other Consents 59 5.04 Binding Effect 59 5.05 Financial Statements; No Material Adverse Effect 60 5.06 Litigation 60 5.07 No Default 60 5.08 Ownership of Property 61 5.09 Environmental Compliance 61 5.10 Insurance 62 5.11 Taxes 62 5.12 ERISA Compliance 62 5.13 Subsidiaries; Equity Interests 63 5.14 Margin Regulations; Investment Company Act 63 5.15 Disclosure 64 5.16 Compliance with Laws 64 5.17 Anti-Money Laundering Laws; Anti-Corruption Laws 64 5.18 Intellectual Property; Licenses, Etc. 64 5.19 OFAC; Designated Jurisdictions 65 5.20 Solvency 65 5.21 Casualty, Etc. 65 5.22 Unencumbered Properties 65 5.23 Subsidiary Guarantors 65 ARTICLE VI. AFFIRMATIVE COVENANTS 65 6.01 Financial Statements 65 6.02 Certificates; Other Information 67 6.03 Notices 69 6.04 Payment of Obligations 70 6.05 Preservation of Existence, Etc. 70 6.06 Maintenance of Properties 70 6.07 Maintenance of Insurance 71 6.08 Compliance with Laws 71 6.09 Books and Records 71 6.10 Inspection Rights 71 6.11 Use of Proceeds 71 6.12 Additional Unencumbered Properties; Additional Guarantors 72 6.13 Compliance with Environmental Laws 73 6.14 Sanctions; Anti-Money Laundering Laws; Anti-Corruption Laws 73 6.15 Further Assurances 73 6.16 Maintenance of REIT Status; New York Stock Exchange or NASDAQ Listing 73 ARTICLE VII. NEGATIVE COVENANTS 74 7.01 Liens 74 7.02 Investments 74 7.03 Indebtedness 76 7.04 Minimum Property Condition 76 7.05 Fundamental Changes; Dispositions 76 7.06 Restricted Payments 77 7.07 Change in Nature of Business 78 7.08 Transactions with Affiliates 78 7.09 Burdensome Agreements 79 7.10 Use of Proceeds 79 7.11 Financial Covenants 80 7.12 Accounting Changes 80 7.13 Amendment, Waivers and Terminations of Organization Documents 80 7.14 Parent Covenants 80 7.15 Sanctions; Anti-Money Laundering Laws; Anti-Corruption Laws 81 ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES 82 8.01 Events of Default 82 8.02 Remedies Upon Event of Default 84 3.7 Survival 8.03 Application of Funds 84 152302503ARTICLE IX. ADMINISTRATIVE AGENT 85 9.01 Appointment and Authority 85 9.02 Rights as a Lender 85 9.03 Exculpatory Provisions 86 9.04 Reliance by Administrative Agent 87 9.05 Delegation of Duties 88 9.06 Resignation of Administrative Agent 88 9.07 No Other Duties, Etc. 89 9.08 Administrative Agent May File Proofs of Claim 89 9.09 Guaranty Matters 90 ARTICLE X. MISCELLANEOUS 90 10.01 Amendments, Etc. 90 10.02 Notices; Effectiveness; Electronic Communication 92 10.03 No Waiver; Cumulative Remedies; Enforcement 94

Appears in 1 contract

Samples: Term Loan Agreement (Empire State Realty OP, L.P.)

Definitions and Accounting Terms. 1.1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 29 1.03 Accounting Terms 38 1.4 30 1.04 Rounding 39 1.5 30 1.05 Times of Day 39 1.6 30 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; 30 1.07 Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 Generally 31 ARTICLE II. II THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 2.01 The Loans 42 2.2 31 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 32 2.03 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 33 2.04 Prepayments 56 2.6 41 2.05 Termination or Reduction of Revolving Credit Commitments 60 2.7 43 2.06 Repayment of Loans 60 2.8 44 2.07 Interest 61 2.9 44 2.08 Fees 62 2.10 45 2.09 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 46 2.10 Evidence of Debt 63 2.12 46 2.11 Payments Generally; Administrative Agent’s Clawback 63 2.13 47 2.12 Sharing of Payments by Lenders 65 48 2.13 Increase in Facility 49 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 51 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 3.01 Taxes 75 3.2 53 3.02 Illegality 79 3.3 56 3.03 Inability to Determine Rates 80 3.4 56 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurodollar Rate Loans 57 3.05 Compensation for Losses 83 3.6 58 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 59 3.07 Survival 84 15230250359

Appears in 1 contract

Samples: Credit Agreement (Ashland Inc.)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 17 1.03 Accounting Terms 38 1.4 18 1.04 Rounding 39 1.5 18 1.05 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 18 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 18 2.01 Committed Loans 42 2.2 18 2.02 Borrowings, Conversions and Continuations of Committed Loans 43 2.3 Letters 19 2.03 Use of Credit 45 2.4 Swing Line Loans 54 2.5 Proceeds; Sublimits 20 2.04 [Reserved] 20 2.05 Prepayments 56 2.6 20 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 21 2.07 Repayment of Loans 60 2.8 21 2.08 Interest 61 2.9 21 2.09 Fees 62 22 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Margin 22 2.11 Evidence of Debt 63 23 2.12 Payments Generally; Administrative Agent’s Clawback 63 23 2.13 Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 25 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 26 3.01 Taxes 75 3.2 26 3.02 Illegality 79 3.3 27 3.03 Inability to Determine Rates 80 3.4 27 3.04 Increased Costs 82 3.5 27 3.05 Compensation for Losses 83 3.6 29 3.06 Mitigation ObligationsObligations 29 3.07 Survival 29 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 29 4.01 Conditions of Initial Credit Extension 29 4.02 Conditions to all Credit Extensions 32 ARTICLE V. REPRESENTATIONS AND WARRANTIES 33 5.01 Existence, Qualification and Power 33 5.02 Authorization; Replacement No Contravention 33 5.03 Governmental Authorization; Other Consents 33 5.04 Binding Effect 33 5.05 Financial Statements; No Material Adverse Effect 34 5.06 Litigation 34 5.07 No Default 35 5.08 Ownership of Lenders 84 3.7 Survival 84 152302503Property; Liens 35 5.09 Environmental Compliance 35 5.10 Insurance 35 5.11 Taxes 35 5.12 ERISA Compliance 35 5.13 Subsidiaries 36 5.14 Margin Regulations; Investment Company Act 36 5.15 Disclosure 36 5.16 Compliance with Laws 37 5.17 Taxpayer Identification Number 37 5.18 Intellectual Property; Licenses, Etc 37 5.19 Rights in Collateral; Priority of Liens 37 5.20 Absence of FAS 150 Liabilities 37 5.21 No Depositing Institution 37 5.22 FERPA Compliance 38 ARTICLE VI. AFFIRMATIVE COVENANTS 38 6.01 Financial Statements 38 6.02 Certificates; Other Information 39 6.03 Notices 40 6.04 Payment of Obligations 41 6.05 Preservation of Existence, Etc 41 6.06 Maintenance of Properties 41 6.07 Maintenance of Insurance 42 6.08 Compliance with Laws 42 6.09 Books and Records 42 6.10 Inspection Rights 42 6.11 Use of Proceeds 42 6.12 Financial Covenants 42 6.13 Additional Guarantors 43 6.14 Collateral Records 43 6.15 Security Interests 43 ARTICLE VII. NEGATIVE COVENANTS 44 7.01 Liens 44 7.02 Investments 45 7.03 Indebtedness 45 7.04 Fundamental Changes 46 7.05 Dispositions 46 7.06 Restricted Payments 47

Appears in 1 contract

Samples: Credit Agreement (Higher One Holdings, Inc.)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 33 1.03 Accounting Terms 38 1.4 34 1.04 Rounding 39 1.5 35 1.05 Times of Day 39 1.6 35 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 35 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 35 2.01 Loans 42 2.2 35 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 36 2.03 Letters of Credit 45 2.4 38 2.04 Swing Line Loans 54 2.5 47 2.05 Prepayments 56 2.6 51 2.06 Termination or Reduction of Revolving Credit Commitments 60 2.7 53 2.07 Repayment of Loans 60 2.8 54 2.08 Interest 61 2.9 55 2.09 Fees 62 56 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 Fees 56 2.11 Evidence of Debt 63 57 2.12 Payments Generally; Administrative Agent’s Clawback 63 57 2.13 Sharing of Payments by Lenders 65 59 2.14 Designated Borrowers 66 Increase in Revolving Credit Commitments 60 2.15 Increase Option 67 Additional Term Loan Facilities 62 2.16 Cash Collateral 70 64 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 65 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 68 3.01 Taxes 75 3.2 68 3.02 Illegality 79 3.3 72 3.03 Inability to Determine Rates 80 3.4 73 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurodollar Rate Loans 73 3.05 Compensation for Losses 83 3.6 75 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 75 3.07 Survival 84 15230250376 ARTICLE IV. CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 76 4.01 Conditions to Closing Date and Initial Borrowing 76 4.02 Conditions to all Credit Extensions 79 ARTICLE V. REPRESENTATIONS AND WARRANTIES 80 5.01 Existence, Qualification and Power 80 5.02 Authorization; No Contravention 80 5.03 Governmental Authorization; Other Consents 80 5.04 Binding Effect 81 5.05 Financial Statements; No Material Adverse Effect 81 5.06 Litigation 82 5.07 No Default 82

Appears in 1 contract

Samples: Credit Agreement (Engility Holdings, Inc.)

Definitions and Accounting Terms. 1.1 1 1.01 Amendment and Restatement 1 1.02 Certain Defined Terms 1 1.2 2 1.03 Other Interpretive Provisions 37 1.3 18 1.04 Accounting Terms 38 1.4 18 1.05 Rounding 39 1.5 19 1.06 References to Agreements and Laws 19 1.07 Times of Day 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 19 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 19 2.01 Loans 42 2.2 19 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 19 2.03 Prepayments 56 2.6 21 2.04 Termination or Reduction of Revolving Credit Commitments 60 2.7 21 2.05 Repayment of Loans 60 2.8 22 2.06 Interest 61 2.9 22 2.07 Fees 62 2.10 22 2.08 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Fees 23 2.09 Evidence of Debt 63 2.12 23 2.10 Payments Generally; Administrative Agent’s Clawback 63 2.13 23 2.11 Sharing of Payments by Lenders 65 2.14 Designated Borrowers 66 2.15 25 2.12 Increase Option 67 2.16 Cash Collateral 70 2.17 in Commitments 26 2.13 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 27 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 28 3.01 Taxes 75 3.2 28 3.02 Illegality 79 3.3 32 3.03 Inability to Determine Rates 80 3.4 33 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurodollar Rate Loans 34 3.05 Compensation for Losses 83 3.6 35 3.06 Mitigation ObligationsObligations 36 3.07 Survival 36 ARTICLE IV. CONDITIONS PRECEDENT 36 4.01 Conditions to Effectiveness 36 4.02 Conditions to All Loans 38 ARTICLE V. REPRESENTATIONS AND WARRANTIES 38 5.01 Organization and Powers 38 5.02 Good Standing 38 5.03 Material Subsidiaries 38 5.04 Authorization of Borrowing 39 5.05 No Conflict 39 5.06 Governmental Consents 39 5.07 Binding Obligation 39 5.08 Financial Condition 39 5.09 Changes, Etc 40 5.10 Title to Properties 40 5.11 Litigation; Replacement Adverse Facts 40 5.12 Payment of Lenders 84 3.7 Survival 84 152302503Taxes 40 5.13 Agreements 40 5.14 Performance 40 5.15 Governmental Regulation 41 5.16 Employee Benefit Plans 41 5.17 Environmental Matters 41 5.18 Disclosure 42 5.19 Subordination Agreements 42 ARTICLE VI. AFFIRMATIVE COVENANTS 42 6.01 Financial Statements 42 6.02 Certificates; Other Information 43 6.03 Notices 45 6.04 Corporate Existence, etc 45 6.05 Payment of Taxes and Claims; Tax Consolidation 46 6.06 Maintenance of Properties; Insurance 46

Appears in 1 contract

Samples: Credit Agreement (Mattel Inc /De/)

Definitions and Accounting Terms. 1.1 5 1.01 Defined Terms 1 1.2 Terms; Accounting Treatment; Borrowers’ Agent and Liabilities 5 1.02 Other Interpretive Provisions 37 1.3 36 1.03 Accounting Terms 37 1.04 Rounding 38 1.4 Rounding 39 1.5 1.05 Times of Day 39 1.6 Day; Rates 38 1.06 Letter of Credit Amounts 39 1.7 Adjustments 38 1.07 Calculation of Values 38 1.08 Joint and Several Liability of the Borrowers 38 1.09 Appointment of Principal Borrower as Agent for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents Borrowers 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 ARTICLE II. II THE COMMITMENTS AND CREDIT EXTENSIONS 2.1 40 2.01 The Loans 42 2.2 40 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 40 2.03 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 42 2.04 Prepayments 56 2.6 49 2.05 Termination or Reduction of Revolving Credit Commitments 60 2.7 49 2.06 Repayment of Loans 60 2.8 50 2.07 Interest 61 2.9 50 2.08 Fees 62 2.10 51 2.09 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Fees 52 2.10 Evidence of Debt 63 2.12 52 2.11 Payments Generally; Administrative Agent’s Clawback 63 2.13 52 2.12 Sharing of Payments by Lenders 65 54 2.13 Maturity Date 54 2.14 Designated Borrowers 66 Extension of Maturity Date with Respect to the Revolving Credit Facility 54 2.15 Increase Option 67 in Commitments 55 2.16 Defaulting Lenders 57 2.17 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 58 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 59 3.01 Taxes 75 3.2 59 3.02 Illegality 79 3.3 62 3.03 Inability to Determine Rates 80 3.4 63 3.04 Increased Costs 82 3.5 65 3.05 Compensation for Losses 83 3.6 66 3.06 Mitigation Obligations; Replacement of Lenders 66 3.07 Survival 66 ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 67 4.01 Conditions of Initial Credit Extension 67 4.02 Conditions to all Credit Extensions 68 ARTICLE V REPRESENTATIONS AND WARRANTIES 69 5.01 Existence, Qualification and Power; Compliance with Laws 69 5.02 Authorization; No Contravention 69 5.03 Governmental Authorization; Other Consents 69 5.04 Binding Effect 69 5.05 Financial Statements; No Material Adverse Effect 70 5.06 Litigation 70 5.07 No Default 70 5.08 Ownership of Property; Liens 70 5.09 Environmental Compliance 71 5.10 Insurance 71 5.11 Taxes 71 5.12 ERISA Compliance 71 5.13 Subsidiaries; Equity Interests 72 5.14 Margin Regulations; Investment Company Act 72 5.15 Disclosure 73 5.16 Compliance with Laws 73 5.17 Intellectual Property; Licenses, Etc. 73 5.18 OFAC 73 5.19 Solvency 74 5.20 Anti-Corruption Laws 74 5.21 Affected Financial Institutions 74 5.22 Covered Entities 74 ARTICLE VI AFFIRMATIVE COVENANTS 74 6.01 Financial Statements 74 6.02 Certificates; Other Information 75 6.03 Notices 76 6.04 Payment of Obligations 77 6.05 Preservation of Existence, Etc. 77 6.06 Maintenance of Properties 77 6.07 Maintenance of Insurance 77 6.08 Compliance with Laws 78 6.09 Books and Records 78 6.10 Inspection Rights 78 6.11 Use of Proceeds 78 6.12 Additional Guarantors; Release of Guarantors 78 6.13 REIT Status 80 6.14 Environmental Matters 80 6.15 Keepwell 81 6.16 Anti-Corruption Laws; Sanctions 81 ARTICLE VII NEGATIVE COVENANTS 81 7.01 Liens 81 7.02 Fundamental Changes 81 7.03 Dispositions 82 7.04 Change in Nature of Business 82 7.05 Transactions with Affiliates 82 7.06 Burdensome Agreements 82 7.07 Use of Proceeds 83 7.08 Financial Covenants 83 7.09 Organization Documents 84 3.7 7.10 Non-Guarantor Subsidiary Restrictions 84 7.11 Sale Leasebacks 84 7.12 Prepayments of Indebtedness, etc. 84 7.13 Anti-Terrorism Laws; FCPA 84 7.14 Sanctions 84 7.15 ERISA 85 7.16 Anti-Corruption Laws 85 ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES 85 8.01 Events of Default 85 8.02 Remedies Upon Event of Default 87 8.03 Application of Funds 87 ARTICLE IX ADMINISTRATIVE AGENT 88 9.01 Appointment and Authority 88 9.02 Rights as a Lender 88 9.03 Exculpatory Provisions 88 9.04 Reliance by Administrative Agent 89 9.05 Delegation of Duties 89 9.06 Resignation of Administrative Agent 90 9.07 Non Reliance on Administrative Agent and Other Lenders 91 9.08 No Other Duties, Etc. 91 9.09 Administrative Agent May File Proofs of Claim 91 9.10 Guaranty Matters 92 9.11 ERISA Representations 92 9.12 Recovery of Erroneous Payments 93 ARTICLE X MISCELLANEOUS 94 10.01 Amendments, Etc. 94 10.02 Notices; Effectiveness; Electronic Communication 95 10.03 No Waiver; Cumulative Remedies 97 10.04 Expenses; Indemnity; Damage Waiver 97 10.05 Payments Set Aside 99 10.06 Successors and Assigns 99 10.07 Treatment of Certain Information; Confidentiality 102 10.08 Right of Setoff 103 10.09 Interest Rate Limitation 104 10.10 Integration; Effectiveness 104 10.11 Survival 84 152302503of Representations and Warranties 104 10.12 Severability 104 10.13 Replacement of Lenders 104 10.14 Governing Law; Jurisdiction; Etc. 105 10.15 Waiver of Jury Trial 106 10.16 No Advisory or Fiduciary Responsibility 106 10.17 Electronic Execution; Electronic Records; Counterparts 107 10.18 USA PATRIOT Act Notice 107 10.19 Time of the Essence 108 10.20 Existing Revolving Credit Agreement 108 10.21 Acknowledgment and Consent to Bail-In of Affected Financial Institutions 108 10.22 Acknowledgement Regarding Any Supported QFCs 108 10.23 Entire Agreement 109 SCHEDULES

Appears in 1 contract

Samples: Credit Agreement (Highwoods Realty LTD Partnership)

Definitions and Accounting Terms. 1.1 1 1.01 Defined Terms 1 1.2 1.02 Other Interpretive Provisions 37 1.3 33 1.03 Accounting Terms 38 1.4 34 1.04 Rounding 39 1.5 35 1.05 Times of Day 39 1.6 35 1.06 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest 36 1.07 UCC Terms 36 1.08 Rates 42 36 ARTICLE II. THE II COMMITMENTS AND CREDIT EXTENSIONS 2.1 36 2.01 Loans 42 2.2 36 2.02 Borrowings, Conversions and Continuations of Loans 43 2.3 Letters of Credit 45 2.4 Swing Line Loans 54 2.5 37 2.03 Prepayments 56 2.6 40 2.04 Termination or Reduction of Revolving Credit Commitments 60 2.7 41 2.05 Repayment of Loans 60 2.8 42 2.06 Interest 61 2.9 and Default Rate 43 2.07 Fees 62 2.10 44 2.08 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Fees 44 2.09 Evidence of Debt 63 2.12 45 2.10 Payments Generally; Administrative Agent’s Clawback 63 2.13 46 2.11 Sharing of Payments by Lenders 65 48 2.12 Defaulting Lenders 48 2.13 Letters of Credit 51 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 71 2.18 Designation of Unrestricted and Restricted Subsidiaries 74 59 ARTICLE III. III TAXES, YIELD PROTECTION AND ILLEGALITY 3.1 60 3.01 Taxes 75 3.2 60 3.02 Illegality 79 3.3 and Designated Lenders 64 3.03 Inability to Determine Rates 80 3.4 65 3.04 Increased Costs 82 3.5 Costs; Reserves on Eurodollar Rate Loans 65 3.05 Compensation for Losses 83 3.6 67 3.06 Mitigation Obligations; Replacement of Lenders 84 3.7 68 3.07 LIBOR Successor Rate 68 3.08 Survival 84 15230250369 ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 69 4.01 Conditions of Initial Credit Extension 69 4.02 Conditions to all Credit Extensions 72 ARTICLE V REPRESENTATIONS AND WARRANTIES 72 5.01 Existence, Qualification and Power 72 5.02 Authorization; No Contravention 73

Appears in 1 contract

Samples: Credit Agreement (ONE Group Hospitality, Inc.)

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