Existing Subordinated Credit Agreement definition

Existing Subordinated Credit Agreement has the meaning given thereto in the Recitals.
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Existing Subordinated Credit Agreement means the Second Amended and Restated Term Loan Agreement dated as of May 28, 2010 among C&J Spec-Rent Services, Inc., as borrower, Xxxxxxxx Energy Management, LP, as agent, and the lenders party thereto, as amended by the Amendment No. 1 to Second Amended and Restated Term Loan Agreement dated as of October 28, 2010, as further amended, restated, or otherwise modified from time to time.
Sample 1
Existing Subordinated Credit Agreement means that certain Credit and Guaranty Agreement, dated as of January 3, 2017 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time), by and among Holdings, the guarantors from time to time party thereto, the lenders party thereto from time to time and Xxxxxxx Xxxxx Specialty Lending Group, L.P., as administrative agent.
Sample 1

Examples of Existing Subordinated Credit Agreement in a sentence

  • The Borrower, the Agent and the Lenders have agreed that this Agreement is an amendment and restatement of the Existing Subordinated Credit Agreement in its entirety and the terms and provisions hereof supersede the terms and provisions thereof, and this Agreement is not a new or substitute credit agreement or novation of the Existing Subordinated Credit Agreement.

  • The Borrower shall use the proceeds of the Advances (a) to refinance Debt under the Existing Subordinated Credit Agreement and (b) for other general partnership purposes.

  • Subject to the terms and conditions set forth in this Credit Agreement, the Borrower and each of the Lenders agree that on the Closing Date, any Existing Loans under the Existing Subordinated Credit Agreement shall be reevidenced as Loans under this Credit Agreement and the terms of the Existing Loans shall be restated in their entirety and shall be evidenced by this Credit Agreement.

  • The Borrower, the lenders party thereto, and The Royal Bank of Scotland plc, as agent, are parties to that certain Subordinated Credit Agreement dated October 31, 2000, as amended on or before the date hereof (the "Existing Subordinated Credit Agreement").

  • The Borrower shall indemnify the Lender for, and hold the Lender harmless from and against, any and all claims for brokerage commissions, fees and other compensation made against the Lender for any broker, finder or consultant with respect to any agreement, arrangement or understanding made by or on behalf of Borrower or any of its Material Subsidiaries in connection with the transactions contemplated by the Existing Subordinated Credit Agreement and this Agreement.

  • The Note(s) issued to the Lenders under the Existing Subordinated Credit Agreement shall be returned to the Borrower for cancellation upon the issuance of new Notes as of the Closing Date.

  • Existing Subordinated Credit Agreement - that certain Securities Purchase Agreement dated as of December 31, 2004 providing for the issuance of convertible senior subordinated notes by Borrower Agent (as amended, supplemented, modified, extended, renewed, replaced or refinanced from time to time).

  • The Borrower shall use the proceeds of the Advances and Letters of Credit to refinance Debt under the Existing Subordinated Credit Agreement.

  • On the closing date of the Existing Subordinated Credit Agreement, Parent issued to Red Fish Blue Fish, LLC the Existing Agent Fee Shares, which when issued were duly authorized, validly issued, fully paid and nonassessable.

  • On the closing date of the Existing Subordinated Credit Agreement, the Borrower paid to the Administrative Agent for the account of each Lender in accordance with its Pro Rata Share, an upfront fee in respect of the Commitments equal to 1.0% of the aggregate amount of the Commitments, which was paid in full by delivery of the Existing Agent Fee Shares in accordance with Section 5.24 below.


More Definitions of Existing Subordinated Credit Agreement

Existing Subordinated Credit Agreement shall have the meaning given to such term in the Introductory Statement hereto.
Sample 1

Related to Existing Subordinated Credit Agreement

  • 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.

  • 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.

  • Subordinated Loan Agreement means any loan agreement made or to be made between (i) any Borrower and (ii) a Subordinated Creditor.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Existing Credit Agreement as defined in the recitals hereto.

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

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

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.

  • DIP Credit Agreement means that certain senior secured superpriority debtor-in-possession credit agreement, dated September 25, 2020, as amended, supplemented, amended and restated, supplemented or modified from time to time, by and among the Debtors, the DIP Agent, and the DIP Lenders, as approved by the DIP Order.

  • 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.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • Bridge Credit Agreement means the credit agreement (if any) dated as of the Closing Date among the Parent, Bank of America, as administrative agent, and the lenders party thereto on terms specified in the Commitment Letter and otherwise on terms reasonably satisfactory to the Required Lenders, the proceeds of which are applied to finance a portion of the Sealy Acquisition and the Refinancing and to pay the Transaction Costs.

  • Term Credit Agreement shall have the meaning assigned to that term in the recitals to this Agreement and shall include any one or more other agreements, indentures or facilities extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, trustee, lender, group of lenders, creditor or group of creditors and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

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

  • 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.

  • 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.

  • Bridge Loan Agreement means the 364-day Bridge Loan Agreement dated as of April 3, 2012, as amended, restated, supplemented or otherwise modified, among the Company, the lenders party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc., as administrative agent.

  • Second Amended and Restated Credit Agreement shall have the meaning assigned to such term in the recitals of this Agreement.

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

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Existing Credit Agreements has the meaning set forth in the recitals hereto.

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

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Existing Subordinated Notes means any instrument or loan issued or incurred before 1 January 2013, whether publicly or privately placed, ranking or expressed to be ranking pari passu with all other subordinated obligations (except for those subordinated obligations expressed by their terms to rank junior), provided that should any such Existing Subordinated Notes be amended in any way (contractually or by statute) which would result in allowing the Issuer to issue subordinated notes ranking senior thereto, then such Subordinated Notes would be deemed to no longer constitute an Existing Subordinated Note. As a result, in the event of liquidation or bankruptcy of the Issuer or in the event of a Moratorium (as defined in Condition 3 of the Conditions of the Notes) with respect to the Issuer, the claims of the holders of the Subordinated Notes ("Subordinated Noteholders") against the Issuer will be:

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