Foothill Loan Agreement definition

Foothill Loan Agreement means the Loan and Security Agreement, dated as of December 15, 2000, by and among Borrower, as borrower, the other obligors named therein, the lenders signatory thereto and Foothill Capital Corporation, as arranger and administrative agent, as amended.

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Foothill Loan Agreement means the Indebtedness incurred pursuant to the Amended and Restated Loan and Security Agreement, dated August 10, 2005, between the Company and Wells Fargo Foothill, Inc.; provided, however, that the aggregate outstanding amount of any such Indebtedness does not as of any date exceed (i) $26,000,000 or (ii) in the event that the Company has complied with the terms and conditions set forth in Section 4(p) of the Securities Purchase Agreement, if greater, an amount equal to 60% of the value of the Company’s “Eligible Accounts” (as defined in the Foothill Loan Agreement).

Examples of Foothill Loan Agreement in a sentence

The Agents shall have received evidence satisfactory to each of them that the Foothill Loan Agreement shall have been amended on or prior to the Term Loan B Funding Date to increase the aggregate commitments available thereunder to $85,000,000.
Each of the Company and ICC hereby agree that it will not amend, modify or change Sections 7.1, 7.2, 7.8, 7.11 of the Loan and Security Agreement, dated April 9, 1999, among Borrower, ICC and Foothill Capital Corporation (the Foothill Loan Agreement") or the definition of "Permitted Liens" in the Foothill Loan Agreement without the prior written consent of Ironwood.
It is expressly understood and agreed that the interest of Borrower or Borrower's Subsidiary, as the case may be, in each of the Mortgaged Properties is or will be encumbered by a valid first and prior lien and prior security interest securing payment of a current-existing and outstanding loan evidenced by the Foothill Loan Agreement (each a "FIRST LIEN", and collectively, the "FIRST LIENS").
Attached as Schedule 5.16 to the Foothill Loan Agreement is a true, correct, and complete listing of all material patents, patent applications, trademarks, trademark applications, copyrights, and copyright registrations as to which each Borrower is the owner or is an exclusive licensee.
The execution, delivery and performance by each Borrower of the Transaction Documents to which it is a party will not violate or constitute a default under its articles of incorporation or by-laws, any Material Agreement (including, without limitation, the Foothill Loan Agreement), or any Material Law.

More Definitions of Foothill Loan Agreement

Foothill Loan Agreement means that certain Amended and Restated Loan and Security Agreement, dated as of July 3, 2007, between Borrower, the Guarantors, and Foothill, as the same is amended or modified from time to time.

Foothill Loan Agreement shall have the meaning set forth in Section 7.1.1(i).

Foothill Loan Agreement means that certain Loan and Security Agreement dated as of April 13, 2001 by and among ClimaChem, certain Guarantors, the lenders party thereto and Foothill Capital Corporation, as arranger and administrative agent, as amended, including any replacement or refinancing thereof as permitted in this Agreement. "GAAP" shall mean generally accepted accounting principles in the United States of America as in effect from time to time, except that for purposes of the financial covenants contained in Section 6.2(s) hereof, GAAP shall be as in effect on the date of the most recent Financials and shall be applied in a manner consistent therewith. "General Intangibles" shall mean all of the Credit Parties' now owned or hereafter acquired right, title, and interest with respect to "general intangibles" as that term is defined in the Code (including payment intangibles, contract rights, rights to payment, proprietary rights, rights arising under common law, statutes, or regulations, choses or things in action, goodwill, patents, trade names, trademarks, servicemarks, copyrights, blueprints, drawings, purchase orders, customer lists, monies due or recoverable from pension

Foothill Loan Agreement means that certain Amended and Restated Loan and Security Agreement entered into by and among EGP, EYAS, Weatherly Consumer Products, Inc., a Delaware corporation, ▇▇▇▇▇erly Consumer Products Group, Inc., a Delaware corporation, Foothill, and the financial institutions party thereto from time to time, as in effect on the date hereof.

Foothill Loan Agreement has the meaning set forth in Paragraph D of the Recitals of this Agreement.

Foothill Loan Agreement means the Amended and Restated Loan and Security Agreement by and among the Company, and each of the Subsidiaries that are signatories thereto as Borrowers, the lenders that are signatories thereto as the Lenders, and ▇▇▇▇▇ Fargo Foothill, Inc. as the Arranger and Administrative Agent dated as of July 3, 2007, as amended, restated, supplemented, extended, renewed, or otherwise modified from time to time, together with any refinancings thereof from time to time and any amendments, restatements, supplements, extensions, renewals and modifications of any of such refinancings (including, but not limited to, the refinancing as a result of that certain Financing Agreement dated on or about November [•], 2013 among the Company and each Subsidiary of the Company listed as a borrower on the signature pages thereto as borrowers, each Subsidiary of the Company listed as a guarantor on the signature pages thereto as guarantors, various lender from time to time party thereto, and TPG Specialty Lending, Inc. as agent and lead arranger, as amended, restated, supplemented, extended, renewed, or otherwise modified from time to time, together with any refinancings thereof from time to time and any amendments, restatements, supplements, extensions, renewals and modifications of any of such refinancings).