Credit Facility Agreement definition
Examples of Credit Facility Agreement in a sentence
Upon the effectiveness of this Amendment in accordance with Section 2 below, with such effectiveness occurring immediately after the effectiveness of the Amended Credit Facility Agreement, each Tranche 2 Lender party hereto hereby consents and agrees to provide a Tranche 2 Commitment as set forth opposite its name on Schedule I hereto.
Upon the effectiveness of this Amendment in accordance with Section 2 below, with such effectiveness occurring immediately after the effectiveness of the Amended Credit Facility Agreement, each Tranche 2 Issuing Bank consents and agrees to provide the Tranche 2 Issuing Bank Limit, Tranche 2 Fronting Limit and Tranche 2 Non-Fronting Limit as set forth opposite its name on Schedule II hereto.
Each of the parties hereto agree that each reference to “Credit Facility Agreement” in each Finance Document, including the Amended Common Terms Agreement and the Common Security and Account Agreement, shall refer to the Credit Facility Agreement as amended hereby.
The Borrower shall have repaid any outstanding LC Reimbursement Payments and/or any LC Loans (as defined in the Credit Facility Agreement) outstanding as a result of a draw on any Letters of Credit.
Except as expressly provided for herein, the terms and conditions of the Existing Credit Facility Agreement and the other Finance Documents shall continue unchanged and shall remain in full force and effect.