Examples of Existing Target Credit Agreement in a sentence
The proceeds of the Term B Loans will only be used by the Borrower to finance, in part, the Acquisition (including the Existing Target Credit Agreement Refinancing) and to pay fees, costs and expenses incurred in connection with the Transactions.
Initially, each domestic subsidiary of the Borrower that was a guarantor under the Existing Parent Credit Agreement immediately prior to the Closing Date and, on the Closing Date, immediately after the effectiveness of the Combination, the Company and any subsidiary that was a guarantor under the Existing Target Credit Agreement or Existing Notes prior to the Closing Date.
The properties of the Loan Parties and the Restricted pursuant to the Existing Target Credit Agreement.
The proceeds of the Term Loans funded on the Effective Date will be used solely to finance a portion of the AMS Acquisition (including the refinancing of loans under the Existing Target Credit Agreement and the Existing Target Notes) and refinance the loans under the Existing Credit Agreement.
We acknowledge that the Target is not restricted from incurring debt or liens prior to the Closing Date, except as specifically set forth in the Existing Target Credit Agreement and Acquisition Agreement, and that prior to the Closing Date, the Target is obligated to assist you with respect to the Credit Facilities only to the extent set forth in the Acquisition Agreement.