2010 Credit Agreement definition

2010 Credit Agreement has the meaning assigned to such term in the introductory statement to this Agreement.

2010 Credit Agreement means that certain Credit Agreement dated as of August 11, 2010, by and between the BSA, as borrower, and JPM, as lender, as amended by that certain First Amendment to Credit Agreement dated as of November 5, 2010, that certain Second Amendment to Credit Agreement dated as of November 11, 2011, that certain Third Amendment to Credit Agreement dated as of March 9, 2012, that certain Fourth Amendment to Credit Agreement dated as of April 25, 2016, that certain Fifth Amendment to Credit Agreement dated as of March 2, 2017, that certain Sixth Amendment to Credit Agreement dated as of February 15, 2018, and that certain Seventh Amendment to Credit Agreement, dated as of March 21, 2019, pursuant to which JPM agreed to make term loans to the BSA in an aggregate amount of $25,000,000 and agreed to make revolving loans to the BSA and issue letters of credit on behalf of the BSA in an aggregate amount not to exceed $75,000,000.

2010 Credit Agreement is defined in the recitals.

Examples of 2010 Credit Agreement in a sentence

• On March 8, 2013, the 2010 Credit Agreement and related party guarantee were extended through 2014, under an amendment referred to as the 2013 Credit Agreement.

• The value was determined to be $6.3 million at the time the 2010 Credit Agreement was established and was amortized over the life of the 2010 Credit Agreement.

• Adjusted EBITDA represents earnings before interest, taxes, depreciation, amortization, other non-cash items, and adjustments as defined in the Amended 2010 Credit Agreement.

• On March 8, 2013, the Company entered into an agreement to amend the 2010 Credit Agreement with HSBC Bank (the “2013 Credit Agreement”).

• Borrowings under the 2010 Credit Agreement carried interest at a rate of London InterBank Offered Rate plus 0.95% per annum.

More Definitions of 2010 Credit Agreement

2010 Credit Agreement has the meaning set forth in the definition of “Existing Credit Agreements.”

2010 Credit Agreement means that certain Credit Agreement, dated as of July 16, 2010, by and among the Company, as parent, General Maritime Subsidiary II Corporation, a Xxxxxxxx Islands corporation, as borrower, the lenders party thereto from time to time, Nordea Bank Finland PLC, New York Branch, as administrative agent and collateral agent, and DnB Nor Bank ASA, New York Branch, and Nordea Bank Finland PLC, New York Branch, as joint lead arrangers and joint book runners, as in effect on the date hereof.

2010 Credit Agreement means the amended and restated credit agreement dated as of December 16, 2010, among the Borrower, the lenders parties thereto and the Administrative Agent (as successor to JPMorgan Chase Bank, N.A.) on behalf of such lenders, as it may be amended, supplemented, extended or otherwise modified from time to time.

2010 Credit Agreement means a Credit Agreement, to be entered into by and among the Guarantor, the lenders party thereto, and Bank of America, as Administrative Agent, providing for a $75,000,000 revolving credit facility, as the same may be amended, restated, supplemented or otherwise modified from time to time.

2010 Credit Agreement has the meaning set forth in the recitals hereto.

2010 Credit Agreement means that certain Credit Agreement dated as of December 7, 2010 among the Company, the other borrowers party thereto, the lenders party thereto and Bank of America, as administrative agent.

2010 Credit Agreement shall have the meaning assigned to that term in the recitals hereof.