Existing Bank Facility definition

Existing Bank Facility means the Amended and Restated Credit Agreement dated as of August 12, 1998 among Marine Drilling Companies, Inc., the lenders named therein, ABN AMRO Bank N.V., as administrative agent for such lenders, and Christiania Bank og Kreditkasse, New York Branch, as syndication agent, as amended.

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Existing Bank Facility means the Credit Agreement, dated as of April 29, 1996, among the Borrower, the Guarantors (as defined therein), the Lenders (as defined therein) and Citicorp USA, Inc., as agent thereunder.

Existing Bank Facility means that certain credit facility in the amount of $1,000,000,000 initially made available to the Borrower on March 31, 1999, as amended by that certain First Amended and Restated Credit Agreement, among, inter alia, the Borrower, Bank of America, N.A. as Administrative Agent and the ----- ---- lenders party thereto, as amended from time to time.

Examples of Existing Bank Facility in a sentence

• MascoTech, the Existing Banks (as hereinafter defined) and the Existing Agent (as hereinafter defined) have entered into the Existing Credit Agreement (as hereinafter defined), pursuant to which the Existing Banks provided to MascoTech a revolving credit facility in the maximum aggregate principal amount of $575,000,000 (the "Existing Bank Facility").

• The Borrower shall have terminated the Existing Bank Facility and paid all amounts owed thereunder.

• This Agreement, the Notes, the Indenture, the Registration Rights Agreement and the Security Documents are hereinafter sometimes referred to collectively as the "TRANSACTION DOCUMENTS." Proceeds from the issuance and sale of the Original Notes, together with available cash of the Issuer, will be used to repay in full all outstanding borrowings under the Issuer's existing bank credit facility (the "EXISTING BANK FACILITY"), and the Existing Bank Facility will be terminated.

• All Indebtedness and all other obligations outstanding with respect to the Existing Bank Facility, and the NationsBank Existing Credits and all other Indebtedness not permitted by Section 8.2 shall have been paid or otherwise discharged in full, and all Liens created in connection therewith shall have been either terminated or assigned to the Administrative Agent for the benefit of the Secured Parties.

• The Borrower agrees that each Restricted Subsidiary on the Existing Bank Facility Closing Date will remain a Restricted Subsidiary until the Obligations have been repaid in full and the Commitment has been terminated, unless any such Restricted Subsidiary that is not a Qwest Material Subsidiary has been Disposed of in accordance with the terms of Section 7.05(a)(ii)(A) hereof.

• The existing Subordinated Debt evidenced by the 41/2% Convertible Subordinated Debentures due 2003 in the original principal amount of $345,000,000 is and shall be subordinated to all Loans under this Agreement on the same terms that are applicable to the Existing Bank Facility.

• Available Borrowings shall be used by Borrowers to fully pay the Existing Bank Facility as of the Closing Date, and thereafter for general corporate purposes, including financing Capital Expenditures and working capital requirements of the Borrower Consolidation and Share Repurchases, New Venture Investments and the NYNY Buy- Out by PRMA subject to the limitations hereinafter set forth.

More Definitions of Existing Bank Facility

Existing Bank Facility shall have the meaning set forth in Recital Paragraph B.

Existing Bank Facility means the Short-Term Standby Export Financing Agreement dated as of May 3, 2005 among Itabira Rio Doce Company Limited – ITACO, CVRD, the lenders party thereto and HSBC Bank plc, as administrative agent.

Existing Bank Facility that certain Senior Secured Revolving Credit Facility dated as of April 6, 1998, by and among the Borrower, SunTrust Bank, South Florida, National Association and Bank of America, FSB, as amended from time to time. "EXTENDED REINVESTMENT DEADLINE": as defined in the definition of "Reinvestment Notice." "FAIR MARKET VALUE": as to any property or assets of the Borrower or any Subsidiary or any property or assets proposed to be acquired by the Borrower or any Subsidiary, the fair market value of such property or assets as determined by the unanimous resolution of the board of directors of the Borrower with respect to the property or assets of the Borrower or any Subsidiary or the property or assets to be acquired by the Borrower or any Subsidiary, as the case may be.

Existing Bank Facility means (1) that certain Revolving Credit Agreement, dated as of September 26, 2011, among the Company, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, Barclays Bank plc, as syndication agent, and Regions Bank and ▇▇▇▇▇ Fargo Bank, N.A., as co-documentation agents, as amended, and (2) following the termination of the credit agreement in (1) hereof, the new credit agreement contemplated by that certain Commitment Letter dated November 10, 2015 among the Company and ▇.▇. ▇▇▇▇▇▇ Securities LLC, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank USA, JPMorgan Chase Bank, N.A., ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Senior Funding, Inc., ▇▇▇▇▇ Fargo Securities LLC and ▇▇▇▇▇ Fargo Bank, N.A., including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.08 hereof).

Existing Bank Facility. The obligations under the Credit Agreement among Venture Holdings as borrower, the Pre-Petition Lenders and Bank One, NA, as administrative agent, dated as of May 27, 1999, and all documents executed ancillary thereto, in each case as amended through the date hereof.