Sixth Amendment to Credit Agreement Sample Clauses

Sixth Amendment to Credit Agreement. This Amendment shall have been duly executed and delivered by each of the parties hereto.
Sample 1
AutoNDA by SimpleDocs
Sixth Amendment to Credit Agreement. This Amendment shall be in full force and effect.
Sample 1
Sixth Amendment to Credit Agreement. As an inducement to the Administrative Agent and each Lender to execute, and in consideration of the Administrative Agent and each Lender’s execution of, the Amendment, each of the undersigned hereby consents to this Amendment and agrees that this Amendment shall in no way release, diminish, impair, reduce or otherwise adversely affect the obligations and liabilities of such undersigned under the Guaranty executed by such undersigned in connection with the Credit Agreement, or under any other Loan Documents executed by the undersigned to secure any of the Obligations (as defined in the Credit Agreement), all of which are in full force and effect. Each of the undersigned further represents and warrants to the Administrative Agent and the Lenders that (a) the representations and warranties in each Loan Document to which it is a party are true and correct in all material respects on and as of the date of this Amendment as though made on the date of the Amendment, (b) before and after giving effect to the Amendment, it is in compliance with all covenants and agreements contained in each Loan Document to which it is a party, and (c) before and after giving effect to this Amendment, no Default or Potential Default has occurred and is continuing. The undersigned hereby releases, discharges and acquits Administrative Agent and each Lender from any and all claims, demands, actions, causes of action, remedies, and liabilities of every kind or nature (including without limitation, offsets, reductions, rebates, and lender liability) arising out of any act, occurrence, transaction or omission occurring in connection with the Guaranty prior to the date of the Amendment. This Guarantors’ Consent and Agreement shall be binding upon the undersigned, and its permitted assigns, if any, and shall inure to the benefit of the Administrative Agent, each Lender and their respective successors and assigns. [Signature Page Follows] Sixth Amendment to Credit Agreement GUARANTORS: GULF ISLAND WORKS, LLC, a Louisiana limited liability company By: GULF ISLAND FABRICATION, INC., a Louisiana corporation, its sole member By: /s/ Xxxxxxx X. Xxx Name: Xxxxxxx X. Xxx Title: President & CEO GULF ISLAND EPC, LLC, a Louisiana limited liability company By: GULF ISLAND FABRICATION, INC., a Louisiana corporation, its sole member By: /s/ Xxxxxxx X. Xxx Name: Xxxxxxx X. Xxx Title: President & CEO GULF MARINE FABRICATORS, LIMITED PARTNER, L.L.C., a Louisiana limited liability company By: GULF ISLAND ...
Sample 1
Sixth Amendment to Credit Agreement. The Administrative Agent shall have received executed counterparts of this Amendment from each of the Borrower, the Administrative Agent and the Lenders (including the New Lender) and the Exiting Lender.
Sample 1
Sixth Amendment to Credit Agreement. The Sixth Amendment to Credit Agreement and Other Loan Documents dated March 30, 2020 among Borrower, Guarantors, Agent and the Lenders. Stabilized Properties. Hotel Properties that are open for business, have at least one (1) full year of operating history, and are not subject to a Material Renovation. State. A state of the United States of America and the District of Columbia.
Sample 1
Sixth Amendment to Credit Agreement. The Agent will promptly notify the Borrower and the Banks of (1) any occurrence of a Benchmark Transition Event (other than pursuant to clause (v) of this Section 3.20(b)), (2) the implementation of any Benchmark Replacement, (3) the effectiveness of any Benchmark Replacement Conforming Changes and (4) the commencement or conclusion of any Benchmark Unavailability Period. Any determination, decision or election that may be made by the Agent or Banks pursuant to this Section 3.20(b), including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and without consent from any other party hereto, except, in each case, as expressly required pursuant to this Section 3.20(b). Upon notice to the Borrower by the Agent in accordance with Section 9.1 of the commencement of a Benchmark Unavailability Period and until a Benchmark Replacement is determined in accordance with this Section 3.20(b), (A) any request pursuant to this Agreement that requests the conversion or continuation of any Borrowing may be revoked by the Borrower and if not revoked shall be ineffective and any such Borrowing shall be continued as or converted to, as the case may be, a Base Rate Loan, and (B) any request for a Libor Loan made pursuant to Section 3.7 may be revoked by the Borrower and if not revoked such Loan shall be made as a Base Rate Loan.
Sample 1
Sixth Amendment to Credit Agreement. This Sixth Amendment to Credit Agreement (this “Sixth Amendment”), dated as of May 31, 2016 (the “Sixth Amendment Effective Date”), is among Memorial Resource Development Corp., a corporation formed under the laws of the State of Delaware (the “Borrower”); each of the undersigned guarantors (together with the Borrower, collectively, the “Loan Parties”); each of the Lenders that is a signatory hereto; and Bank of America, N.A., as administrative agent for the Lenders (in such capacity, together with its successors, the “Administrative Agent”).
Sample 1
AutoNDA by SimpleDocs
Sixth Amendment to Credit Agreement. The Sixth Amendment to Credit Agreement shall become effective in accordance with its terms.
Sample 1

Related to Sixth Amendment to Credit Agreement

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

  • 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:

  • Amendment to the Credit Agreement Effective as of the date first above written and subject to the execution of this Amendment by the parties hereto and the satisfaction of the conditions precedent set forth in Section 2 below, the Credit Agreement shall be and hereby is amended as follows:

  • 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

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

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date (as defined below):

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

  • 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:

Time is Money Join Law Insider Premium to draft better contracts faster.