Examples of Bank of America Credit Agreement in a sentence
As soon as available, a copy of each Borrowing Base Certificate, together with all other supporting information, each prepared and delivered in accordance with the requirements of the Bank of America Credit Agreement.
Therefore, in accordance with Section 11.9 of the Loan Agreement, Bank hereby waives the negative covenant set forth in Section 9.6 of the Loan Agreement, solely so that such waiver permits Borrower to incur Liens as contemplated by the Bank of America Credit Agreement.
On November 8, 2022, the Company entered into a Second Amendment to the Bank of America Credit Agreement (the “ Second Amendment”), which modifies key terms of the Senior Revolver.
The Company is also required to pay unused commitment fees and letter of credit fees under the Bank of America Credit Agreement.
The Second Amendment (defined below) increased the Base Rate Margin, BSBY Margin and unused commitment fees by 0.25%.The Bank of America Credit Agreement requires the Company to meet certain financial and other covenants.