Examples of GMAC Credit Agreement in a sentence
The definition of the term “change of control” in the GMAC Credit Agreement shall be identical in all material respects to the definition of “Company Change of Control” in this Section 5(b).
Any Foreign Subsidiary of Parent, that, after the Closing Date, becomes a Loan Party or Guarantor under the GMAC Credit Agreement, shall enter into a Guaranty, in a form reasonably satisfactory to Agent, in favor of Agent and the Purchasers securing the payment of and guaranteeing all Indebtedness and other obligations incurred by the Loan Parties pursuant to this Agreement or any other Transaction Document.
It is a condition precedent to entering into the Mortgage Notes Indenture, the Bank Credit Agreement and the GMAC Credit Agreement and consummating the transactions contemplated therein (including the extension of credit thereunder) that Debtor enter into this Agreement.
The obligations evidenced hereby are subject to that certain Intercreditor Agreement (the "INTERCREDITOR AGREEMENT") dated as of January 6, 2005, among the Loan Parties, Agent, and GMAC Agent, to the indebtedness and, other liabilities owed by the Loan Parties under and pursuant to the GMAC Credit Agreement and each related GMAC Credit Document, and the Purchasers, by its acceptance hereof, acknowledge and agree to be bound by the provisions of the Intercreditor Agreement.
In 19th Century Chile they are, of course, very closely linked27 but they are crucially distinct groups with different agendas and different priorities.
Concurrently herewith, Debtors have entered into a Credit Agreement, dated as of the date hereof, with GMAC (such credit agreement as it may be modified, amended, supplemented, extended, refinanced, refunded, renewed, replaced or substituted from time to time, the "GMAC Credit Agreement") pursuant to which GMAC has agreed to extend certain credit facilities to the Debtors subject to the terms and conditions set forth therein.
Following any such termination any references to GMAC and the GMAC Credit Agreement shall be deemed to be deleted.
Each of CONSTRUCTION LENDER, BORROWER, VENETIAN, LVSI, INTERIM MALL LLC and PRINCIPAL hereby represents, warrants, covenants and agrees that the GMAC Credit Agreement and the other Construction Loan Documents (as defined below) are in full force and effect and have not heretofore been modified, supplemented, terminated or canceled.
Notwithstanding anything to the contrary contained herein, no such future lease, construction agreement, operation agreement or other material agreement may be entered into by Debtor except as permitted under the Disbursement Agreement, while applicable, the Bank Credit Agreement, the Mortgage Notes Indenture and the GMAC Credit Agreement.
Construction LLC has agreed to assume all of VCR's remaining obligations under the Deed of Trust, Construction LLC already being bound by all of the obligations and liabilities under the GMAC Credit Agreement and the other Loan Documents.