Comerica Facility definition

Comerica Facility means the Revolving Credit and Term Loan Agreement, dated March 21, 2013, by and among Purchaser, Comerica Bank, as agent, and the lenders party thereto.
Comerica Facility shall have the meaning provided in paragraph 6(d) of this Note.
Comerica Facility means the Loan and Security Agreement between the Company and Comerica Bank, successor by merger to Comerica Bank – California (the “Bank”), dated as of October 9, 2002, as amended to date and as may be amended from time to time.

Examples of Comerica Facility in a sentence

  • Xxxxxx’s right to payment under this Note and to proceed against the Collateral is subordinated to the obligations of Borrower to Comerica Bank under the Comerica Facility pursuant to the terms of that certain Subordination Agreement of even date herewith between Lender and Comerica Bank.

  • In the event the Comerica Facility is terminated prior to the payment in full of the Junior Debt, the Incorporated Provisions shall correspond to the Comerica Provisions in effect immediately prior to termination of the Comerica Facility and, following such a termination, references in this Paragraph 10 to “Comerica Bank” shall be changed, without further action, to “Lender”.


More Definitions of Comerica Facility

Comerica Facility means the loan and security agreement dated as of June 14, 2012, between the Company and Comerica Bank.
Comerica Facility shall have the meaning provided in paragraph 6(d) of this Note. “Comerica Facility Commitments” shall mean any obligation, contingent or otherwise, of Comerica Bank – California to advance funds, loan money or otherwise extend credit to Borrower and/or its subsidiaries under the Comerica Facility and the documents described therein. “Comerica Facility Obligations” shall mean, as of any date of determination, any and all amounts owing as of such date by Borrower and/or its subsidiaries to Comerica Bank – California under the Comerica Facility and the documents described therein. “Commitment” shall have the meaning provided in paragraph 2 of this Note. “Company Merger” shall have the meaning provided in the Merger Agreement. “Debtor Relief Laws” shall means the Bankruptcy Code of the United States of America, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States of America or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. “Event of Default” shall have the meaning provided in paragraph 6 of this Note. “Final Balance” shall have the meaning provided in paragraph 3 of this Note. “Lien” shall mean any mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other), charge, or preference, priority or other security interest or preferential arrangement of any kind or nature whatsoever (including any conditional sale or other title retention agreement, any financing lease having substantially the same economic effect as any of the foregoing, and the filing of any financing statement under the Uniform Commercial Code or comparable laws of any jurisdiction), including the interest of a purchaser of accounts receivable. “Loan” shall have the meaning provided in paragraph 2 of this Note. “Maturity Date” shall mean June 30, 2003. “Merger Agreement” shall mean the Agreement and Plan of Merger, dated as of December 13, 2002, among The First American Corporation, US Xxxxxx.xxx Inc., First Advantage Corporation and Stockholm Seven Merger Corp. “Monthly Period” shall mean the period commencing on December 31, 2002 and ending on January 31, 2003 and, thereafter, shall mean for each calendar month the period commencing on the first day of such calendar month and ending on the last day of such calendar month. “Notice ...
Comerica Facility means the Loan and Security Agreement dated September 12, 2001 between Comerica Bank, as successor to Imperial Bank, and Grantor.
Comerica Facility means Genaissance’s existing credit facility with Comerica, evidenced by that certain Loan and Security Agreement, dated as of September 30, 2003, by and between Genaissance and Comerica.
Comerica Facility means that Third Amended and Restated Loan and Security Agreement, dated as of February 1, 2018, by and among Comerica Bank and the Company, and subsidiary of the Company listed as a “Borrower” thereto, as amended by the First Amendment dated August 23, 2018, by the Second Amendment dated March 11, 2019 and by the Third Amendment dated July 12, 2019.
Comerica Facility means that certain line of credit extended by Comerica Bank to Borrowers on or about May 10, 2002 in the maximum principal amount of Fifty-Five Million Dollars ($55,000,000.00), as amended from time to time provided that any such amendment shall not effectuate an increase in the maximum principal amount of the Comerica Facility.