BEC Credit Agreement definition

BEC Credit Agreement means that certain Credit Agreement of even date herewith, by and among BreitBurn Energy Company, L.P., a Delaware limited partnership, its subsidiaries as guarantors, Administrative Agent as administrative agent and the lenders party thereto.
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BEC Credit Agreement means the amended and restated credit agreement made as of June 4, 2014 and amended and restated as of March 31, 2016 between BEC and Baytex Energy USA, Inc., as borrowers, the lenders party thereto from time to time, and The Bank of Nova Scotia, in its capacity as administrative agent for such lenders, as the same may be further amended, restated, supplemented or otherwise modified from time to time;
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Examples of BEC Credit Agreement in a sentence

  • Evidence satisfactory to Administrative Agent that all conditions precedent under the BEC Credit Agreement have been satisfied and the transactions contemplated therein are capable of consummation simultaneously with the consummation of the transactions hereunder.

  • The Maturity Date is hereby extended from June 4, 2021 to June 4, 2024; provided that if either (i) the Refinancing Event (as defined in the BEC Credit Agreement) has not occurred on or before April 1, 2024 or (ii) the Repayment Test (as defined in the BEC Credit Agreement) cannot be satisfied on April 1, 2024, then the Maturity Date shall be deemed to be April 2, 2024.

  • The Company shall have consummated (i) the assumption of a portion of BreitBurn Energy Company L.P.’s principal obligations under the “Prior Credit Agreement” as defined in the BEC Credit Agreement and (ii) the assumption of certain of BreitBurn Energy Company L.P.’s “Existing Lender Derivative Contracts” as defined in the BEC Credit Agreement, each on terms reasonably satisfactory to Administrative Agent.

  • The Applicable Pricing Margin shall be determined from the quarterly and annual financial statements provided by or on behalf of BEC under the BEC Credit Agreement (collectively and together with any applicable compliance certificate delivered by BEC under the BEC Credit Agreement, the "BEC Financials"), with the parties agreeing that Level 1 is applicable as of August 22, 2018 until the next calculation of the Senior Secured Debt to EBITDA Ratio in accordance with the BEC Credit Agreement.

  • Without limiting Section 11.1(j), if any Event of Default occurs under and as defined in the BEC Credit Agreement occurs.

  • As of the Effective Date there exists no default under the provisions of any instrument evidencing such Debt or of any agreement relating thereto including, without limitation, under the BEC Credit Agreement.

  • No other claims against Seller for late performance in respect of any other scheduled date shall be allowed, such scheduled dates, if any, being indicative only.

  • The Financial Statements delivered to the Agent hereunder in connection with this Agreement or the BEC Credit Agreement (or in connection with the negotiation of this Agreement) were prepared by the Borrower or BEC, as the case may be, in accordance with IFRS, fairly present the respective financial positions of the Borrower or BEC, as the case may be, at the date or dates thereof, and there has been no adverse change subsequent thereto which would have a Material Adverse Change.

  • The foregoing Independent Engineering Report may be a segregated portion of the Independent Engineering Report (under and as defined in the BEC Credit Agreement) delivered from time to time to the agent and the lenders under the BEC Credit Agreement or shall include a separate report with respect to the P&NG Rights.

  • The Maturity Date is hereby extended from June 4, 2020 to June 4, 2021; provided that if either (i) the Refinancing Event (as defined in the BEC Credit Agreement) has not occurred on or before April 1, 2021 or (ii) the Repayment Test (as defined in the BEC Credit Agreement) cannot be satisfied on April 1, 2021; then the Maturity Date shall be deemed to be April 2, 2021.

Related to BEC Credit Agreement

  • New Credit Agreement means the new credit agreement entered into as of December 23, 2021 in connection with the Closing of the Business Combination, by Fathom OpCo, certain lenders, and JPMorgan Chase Bank, N.A., as administrative agent thereunder.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • DIP Credit Agreement means the credit agreement with respect to the DIP Facility.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • Credit Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.