Extension of Original Credit Agreement Sample Clauses

Extension of Original Credit Agreement. The parties hereto acknowledge and agree that the Termination Date under the Original Credit Agreement is hereby extended through the date prior to the date hereof but from and after the date hereof, all Loans and other Obligations of the Borrower, whether outstanding under the Original Credit Agreement or otherwise, shall be subject in all respects to the terms and conditions of this Amended and Restated Credit Agreement. The Lender hereby waives any Events of Default that may have existed under the Original Credit Agreement prior to its amendment and restatement pursuant to the terms hereof. Upon execution hereof by all the parties, this Agreement shall be a contract among the parties for the purposes hereinabove set forth. Dated as of June 11, 2001 HOMEGOLD, INC. By: Name: Title: The undersigned executes and delivers this Agreement for purposes of confirming its agreements set forth in Sections 7.5 and 7.17 hereof. HOMEGOLD FINANCIAL, INC. By: Name: Title: Accepted and agreed to as of the day and year last above written. HOUSEHOLD COMMERCIAL FINANCIAL SERVICES, INC. By: _______________________________________ Xxxxx X. Xxxxxx Vice President EXHIBIT A [INTENTIONALLY OMITTED] EXHIBIT B STATES IN WHICH THE BORROWER AND CORPORATE GUARANTORS ARE QUALIFIED TO CONDUCT BUSINESS AS OF CLOSING HomeGold, Inc.: Alabama Maine Pennsylvania Arkansas Maryland Rhode Island California Michigan South Carolina Colorado Minnesota South Dakota Connecticut Mississippi Tennessee Delaware Missouri Texas District of Columbia Montana Utah Florida Nebraska Vermont Georgia New Hampshire Virginia Idaho New Jersey Washington Illinois New Mexico West Virginia Indiana North Carolina Wisconsin Iowa North Dakota Wyoming Kansas Ohio Kentucky Oklahoma Louisiana Oregon HomeGold Financial, Inc.: South Carolina Carolina Investors, Inc.: South Carolina Premier Financial Services, Inc.: South Carolina The Loan Pro$, Inc.: South Carolina Emergent Business Capital Asset Based Lending, Inc.: South Carolina Reedy River Ventures, LP: South Carolina Emergent SBIC, Inc.: none (charter forfeiture October 20, 1999) Emergent Commercial Mortgage, Inc.: South Carolina Emergent Business Capital, Inc.: South Carolina Emergent Insurance Agency Corp.: South Carolina Emergent Mortgage Corp. of Tennessee: South Carolina Tennessee HomeGold Realty, Inc.: South Carolina EXHIBIT C REQUIRED DOCUMENTS
Sample 1
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Related to Extension of Original Credit Agreement

  • Amendments to Original Credit Agreement On the Effective Date, the Original Credit Agreement shall be deemed to be amended as follows:

  • to Credit Agreement COLLATERAL REPORTS Borrower shall deliver or cause to be delivered the following:

  • Amendments to Credit Agreement The Credit Agreement is hereby amended as follows:

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

  • Specific Amendments to Credit Agreement The parties hereto agree that the Credit Agreement is amended as follows:

  • Amendment of Credit Agreement The Credit Agreement is hereby amended as follows:

  • Revolving Credit Agreement The Agent shall have received this Agreement duly executed and delivered by each of the Banks and the Company and each of the Banks shall have received a fully executed Committed Note and a fully executed Bid Note, if such Notes are requested by any Bank pursuant to Section 12.9.

  • Compliance with Credit Agreement Such Grantor agrees to comply with all covenants and other provisions applicable to it under the Credit Agreement, including Sections 2.17 (Taxes), 11.3 (Costs and Expenses) and 11.4 (Indemnities) of the Credit Agreement and agrees to the same submission to jurisdiction as that agreed to by the Borrower in the Credit Agreement.

  • Credit Agreement (a) Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified in the Credit Agreement. All terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein; the term “instrument” shall have the meaning specified in Article 9 of the New York UCC.

  • Existing Credit Agreement In connection with the amendment and restatement of the Existing Credit Agreement pursuant hereto, Borrower, Administrative Agent and Lenders shall, as of the Effective Date, make adjustments to the outstanding principal amount of the “Loans” under the Existing Credit Agreement (as such term is defined therein) (but not any interest accrued thereon prior to the Effective Date or any accrued commitment fees under the Existing Credit Agreement prior to the Effective Date), including the borrowing of additional Loans hereunder and the repayment of “Loans” under the Existing Credit Agreement (as such term is defined therein) plus all applicable accrued interest, fees and expenses as shall be necessary to provide for Loans by each Lender in proportion to, and in any event not in excess of, the amount of its relevant Commitments as of the Effective Date, but in no event shall such adjustment of any Eurodollar Loans entitle any Lender to any reimbursement under Section 2.16 hereof or Section 2.16 of the Existing Credit Agreement; provided that the foregoing is not intended to relieve Borrower for paying any such costs to lenders under the Existing Credit Agreement to the extent such lenders are not Lenders under this Agreement, and each Lender shall be deemed to have made an assignment of its outstanding Loans and commitments under the Existing Credit Agreement, and assumed outstanding Loans and commitments under the Existing Credit Agreement, and assumed outstanding Loans and commitments of other Lenders under the Existing Credit Agreement as may be necessary to effect the foregoing. In addition, as of the Effective Date (i) the Existing Credit Agreement and the Commitments thereunder shall terminate and be superseded by this Agreement, and (ii) the Obligations of the Borrower hereunder are in renewal and extension of the obligations and indebtedness of the Borrower under the Existing Credit Agreement.

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