CIT Credit Agreement definition

CIT Credit Agreement means the credit agreement dated as of May 22, 2009, as amended, among CMI, the guarantors named therein, the lenders party thereto from time to time and CIBC in its capacity as agent with respect to the CIT Facility and approved in the Initial Order, as it may be further amended, supplemented or otherwise modified from time to time.
CIT Credit Agreement means the credit agreement, dated May 20, 2009, as amended, restated, replaced or otherwise modified from time to time, between CMI, the guarantors party thereto from time to time, the lenders party thereto from time to time and CIT, as agent, which agreement establishes the CIT Facility.
CIT Credit Agreement means the Credit Agreement dated as of October 9, 2002 between the Borrower, the lenders party thereto and CIT, as agent for such lenders.

Examples of CIT Credit Agreement in a sentence

  • CIBC and CMI shall have entered into arrangements satisfactory to the parties for the repayment and termination of the CIT Credit Agreement and the CIT Facility, and for the cash collateralization, replacement or issuance of new back-to-back letters of credit.

  • Except as otherwise expressly stated herein, the CIT Forbearance Agreement, the CIT Credit Agreement and the other Loan Documents remain in full force and effect in accordance with their terms, as amended hereby.

  • As determined by CIBC and CMI prior to the Plan Implementation Date, the CIT Credit Agreement and the CIT Facility will be repaid and terminated and any existing letters of credit issued under the CIT Credit Agreement and the CIT Facility will be cash collateralized, replaced or addressed by issuing new back-to- back letters of credit.

  • Information: You are required to check regularly (daily) BOTH the Moodle and your KIMEP email for any extra information, changes, and/or updates in the schedule.

  • CRDSA with 1 iteration maximum set could save more time and power than non-maximum-set CRDSA, but the performance is much worse.

  • Confirmation of the Plan shall have no impact or effect on the Reorganized Debtor's remaining obligations to Congress and CIT under the Release Agreement (as defined in the Plan) and the Hartford Letter of Credit pursuant to the Third Amendment to Financing Agreement and CIT Credit Agreement.

  • As determined by CIBC and CMI prior to the Plan Implementation Date, the CIT Credit Agreement and the CIT Facility will be repaid and terminated and any existing letters of credit issued under the CIT Credit Agreement and the CIT Facility will be cash collateralized, replaced or addressed by issuing new back-to-back letters of credit.

  • In accordance with the original terms of the CIT Credit Agreement, the Company was required to make principal repayments equal to 75% of excess cash flow, as defined, within 120 days of year end until the total leverage ratio at the end of a fiscal year is 2.50 or lower.

  • Each CIT Credit Party agrees to execute such other and further documents and instruments as CIT may request to implement the provisions of this Third Amendment and to perfect and protect the liens and security interests created by the CIT Credit Agreement and the other Loan Documents.

  • No bids will be accepted unless the Town’s contract is signed and included with the returned bid.The bid award will be made to the lowest responsive, responsible bidder deemed in the best interest of the Town.


More Definitions of CIT Credit Agreement

CIT Credit Agreement shall have the meaning provided in the definition of Credit Agreements.
CIT Credit Agreement means that certain Credit Agreement, dated May 2, 2008, among TMR Drilling and CIT, as amended from time to time (including by the CIT Forbearance Agreement).
CIT Credit Agreement means that certain Loan and Security Agreement dated October 28, 1994 among the Company, certain subsidiaries of the Company, and the CIT Group/Credit Finance, Inc., as amended from time to time.
CIT Credit Agreement has the meaning set forth in the recitals to the Fifth Amendment.

Related to CIT 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.

  • 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.

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

  • ABL Credit Agreement as defined 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.

  • Prior Credit Agreement has the meaning specified 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.

  • 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.

  • 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.

  • 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.

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

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

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

  • 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.

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

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

  • 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 Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • Existing Credit Agreement as defined in the recitals hereto.

  • 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.

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

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

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.