Examples of First Amended Credit Agreement in a sentence
On or about March 13, 1987, Security Pacific and Predecessor entered into that certain Amended and Restated Revolving Credit Agreement dated as of March 13, 1987 (the "First Amended Credit Agreement"), and the other "Loan Documents" described therein (the "First Amended Revolving Loan Documents"), in order to revise the Original Loan Documents in light of the change in the nature of the borrowing entity.
The First Amended Credit Agreement and the First Amended Revolving Loan Documents were subsequently modified by amendments and letter agreements.
Nothing herein shall be deemed to entitle any Loan Party to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the First Amended Credit Agreement or any other Loan Document in similar or different circumstances.
The 364-Day Commitment of each Exiting Bank under the 364-Day Revolver is hereby terminated as of the Second Amendment Effective Date, and each Exiting Bank is hereby released from its obligations under the First Amended Credit Agreement with respect to the 364-Day Revolver (but not with respect to the Multi-Year Revolver) as of the Second Amendment Effective Date.
In order to expedite the various transactions contemplated by this Agreement, the Lenders hereby irrevocably appoint (and confirm their prior appointment pursuant to the Original Credit Agreement and the First Amended Credit Agreement, the Second Amended Credit Agreement, and the Third Amended Credit Agreement) and authorize Paribas to act as their Administrative Agent hereunder and under each of the other Loan Documents.
All capitalized terms used but not defined herein shall have the same meanings herein as such terms have in the First Amended Credit Agreement.
The obligations outstanding under the Original Credit Agreement on the closing date of the First Amended Credit Agreement constituted obligations under the First Amended Credit Agreement and constitute Obligations under this Agreement.
Facility LC's issued pursuant to the Original Credit Agreement or the First Amended Credit Agreement and outstanding as of the Closing of this Agreement shall also constitute Facility LCs hereunder.
The obligations outstanding under the First Amended Credit Agreement on the closing date of Second Amended Credit Agreement constituted obligations under the Second Amended Credit Agreement and constitute Obligations under this Agreement.
By delivery of the Notes, there shall not be deemed to have occurred, and there has not otherwise occurred, any payment, satisfaction or novation of the indebtedness evidence by the "Notes" as defined in the First Amended Credit Agreement, which indebtedness is instead allocated among the Banks as of the date hereof and evidenced by the Notes in accordance with their respective Commitment Percentages.