Restated Loan Agreement Sample Clauses

Restated Loan Agreement. 4.01 Indebtedness of Star and Star Tobacco to B&W. -------------------------------------------- In consideration of B&W's commitments and undertakings with Star under this Agreement and the Related Agreements, the obligations of B&W to extend Credit Facility B to Star under the Restated Loan Agreement is hereby terminated. B&W has no obligation to assist Star in the financing of any additional Barns nor any obligation to purchase tobacco from Star except as set forth in this Restated Master Agreement. When the Credit Facility has been reduced to less than $10 million, B&W will release all liens, which secure the repayment of the Obligations. Thereafter, B&W shall retain the Right of Offset until the Credit Facility has been repaid. The repayment terms of Credit Facility C and Credit Facility D will be modified to conform to those of Credit Facility A, with interest beginning to accrue and being payable as provided for in the First Amendment to the Restated Loan Agreement.
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Restated Loan Agreement. Concurrently with the execution and delivery of this Amendment, the Borrower shall execute and deliver to the Bank a restated loan agreement (the “Restated Loan Agreement”) in form and substance satisfactory to the Bank. All references to the Loan Agreement dated as of October 28, 2003 in any documents relating thereto shall hereafter be deemed to refer to the Restated Loan Agreement.
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Restated Loan Agreement. This Second Amended and Restated Loan Agreement, amends, replaces and supercedes in its entirety that certain Amended and Restated Loan Agreement dated as of December 31, 2001, executed by Borrower in favor of First Union (the "Original Loan Agreement"). Should there be any conflict between any of the terms of the Original Loan Agreement, and the terms of this Agreement, the terms of this Agreement shall control.
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Restated Loan Agreement. In connection with this Agreement, Mortgagor and Mortgagee have entered into that certain Restated Loan Agreement dated November 26, 1997 (the "Restated Loan Agreement"). Mortgagor agrees that a default by Mortgagor under the Restated Loan Agreement shall be a default hereunder.
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Restated Loan Agreement. This Loan Agreement and the Loan Documents replace and supersede the Existing Loan Agreement and the Existing Loan Documents, except that UCC Financing Statements filed in connection with the Existing Loan Documents may, at Lender’s option, remain of record and provide notice of the security interests granted by the Loan Documents.
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Restated Loan Agreement. Insertion of a new sub-section in Article 6.1.2: The Shareholders agree that the total consideration received from the transfer of any part of the Equity Interests or sale of assets of the affiliated Chinese entities shall first be applied to the outstanding balance under the Restated Loan Agreement and the Restated Exclusive Technical Consulting and Services Agreement. After full repayment of the outstanding balance, any remaining consideration will be remitted in full to WFOE as a nonreciprocal transfer. If such transfer is prohibited by PRC law, the Shareholders will remit the remaining consideration to WFOE or its designees in a manner permitted under PRC law.
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Related to Restated Loan Agreement

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • of the Loan Agreement Section 1.1 of the Loan Agreement is hereby amended as follows:

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this 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.

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

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

  • Amendment and Restatement of Existing Credit Agreement Upon the execution and delivery of this Agreement, the Existing Credit Agreement shall be amended and restated to read in its entirety as set forth herein. With effect from and including the Effective Date, (i) the Commitments of each Lender party hereto shall be as set forth on Appendix A (and (a) to the extent that such Lender constitutes a lender under the Existing Credit Agreement (a “Consenting Lender”), such Consenting Lender’s commitment thereunder shall be terminated and replaced with its respective Commitment hereunder and (b) any lender under the Existing Credit Agreement that is not listed on Appendix A shall cease to be a Lender hereunder and its commitment thereunder shall be terminated; provided that, for the avoidance of doubt, such lender under the Existing Credit Agreement shall continue to be entitled to the benefits of Section 9.03 of the Existing Credit Agreement), (ii) all accrued and unpaid interest and fees and other amounts owing under the Existing Credit Agreement shall have been paid by the Borrower under the Existing Credit Agreement, whether or not such interest, fees or other amounts would otherwise be due and payable at such time pursuant to the Existing Credit Agreement, (iii) the Commitment Ratio of the Consenting Lenders shall be redetermined based on the Commitments set forth in the Appendix A and the participations of the Consenting Lenders in, and the obligations of the Consenting Lenders in respect of, any Letters of Credit or Swingline Loans outstanding on the Effective Date shall be reallocated to reflect such redetermined Commitment Ratio and (iv) each JLA Issuing Bank shall have the Fronting Sublimit set forth in Appendix B. Section 9.18

  • Modifications to Loan Agreement 1 The Loan Agreement shall be amended by deleting the following text appearing as Section 6.9(b) thereof:

  • Amended and Restated Credit Agreement (a) This Agreement shall amend and restate the Existing Credit Agreement in its entirety. Without limiting the generality of the foregoing, (a) the Existing Credit Agreement is merged and incorporated into this Agreement and (b) this Agreement shall supersede and control any inconsistent provision in the Existing Credit Agreement. All references in the Loan Documents (including the Existing Loan Documents) to the Existing Credit Agreement are hereby modified and shall now be deemed to refer to this Agreement. All references in the Loan Documents (including the Existing Loan Documents) to the Obligations, the Notes, the Loan Documents and other terms defined herein are hereby modified and shall now be deemed to refer to such terms and items as defined or described in this Agreement. The Guaranty shall guarantee the Notes and the Guaranteed Obligations as defined and described in this Agreement. Without limiting the foregoing and in confirmation of the Liens intended to be granted pursuant to the Loan Documents (including any Existing Loan Documents), each Loan Party grants, conveys, and assigns to the Administrative Agent, as agent for the Lenders, a lien against and security interest in all collateral (if any) described in such Loan Documents as security for the Guaranteed Obligations. Except as modified hereby or by any other Loan Document (whether dated as of or prior to the Agreement Date) which expressly modifies any of the Existing Loan Documents, all of the terms and provisions of the Existing Loan Documents (including schedules and exhibits thereto), and the indebtedness, duties and obligations thereunder, are ratified and affirmed in all respects and shall remain in full force and effect. This Agreement shall not, however, constitute a novation of the Loan Parties’ indebtedness, duties and obligations under or with respect to the Existing Loan Documents, the Existing Loans thereunder or the Existing Letters of Credit issued thereunder.

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