Examples of MEP Credit Agreement in a sentence
The original term of the MEP Credit Agreement was three years with an initial maturity date of November 13, 2016, subject to four one-year requests for extensions at the lenders’ discretion, two of which we have utilized.
In furtherance of this obligation, if at any time after the Closing Regency becomes a Qualified Additional Guarantor (as defined in the MEP Credit Agreement), Regency shall promptly enter into a Credit Guaranty Agreement with a Stated Percentage thereunder of 49.9%, in form, scope and substance reasonably satisfactory to the Administrative Agent and Regency.
Furthermore, a default under the MEP Credit Agreement or Purchase Agreement would limit our ability to receive payment of amounts that may be owed to us under the Financial Support Agreement.
In furtherance of this obligation, if at any time after the Option Closing Regency becomes a Qualified Additional Guarantor (as defined in the MEP Credit Agreement), Regency shall promptly enter into a Credit Guaranty Agreement with a Stated Percentage thereunder of 49.9%, in form, scope and substance reasonably satisfactory to the Administrative Agent and Regency.
Fair Value of Debt Obligations The carrying amounts of our outstanding commercial paper, borrowings under our Credit Facilities, and the MEP Credit Agreement approximate their fair values at September 30, 2016, and December 31, 2015, respectively, due to the short-term nature and frequent repricing of the amounts outstanding under these obligations.
The obligation of the Lenders to convert or continue any existing Borrowing into or as a Eurodollar Borrowing is 2008 MEP Credit Agreement subject to the condition precedent that on the date of such conversion or continuation no Default or Event of Default shall have occurred and be continuing or would result from the making of such conversion.
Significant links are also observed between summer temperatures and the preceding late winter NAO Index and a leading mode of North Atlantic sea temperature variability.Rousseau, A., Effect of relative humidity fluctuations on the rate of LVR/NVR deposition, Proceedings of 9th Annual Symposium for "Materials in a Space Environment", ESTEC, Holland, 16-20 June, 2003, in press, 2003.
Xxx Title: Managing Director By: /s/ Lxxxx Xxxxxxxx Name: Lxxxx Xxxxxxxx Title: Director 2008 MEP Credit Agreement USB LOAN FINANCE LLC By: /s/ Rxxxxxx X.
This option is quite important in a system of client choice since it is conceivable that a few lawyers may be selected repeatedly to provide representation, resulting in their becoming overwhelmed with too many cases.
At September 30, 2016, MEP was in compliance with the terms of their financial covenants in the MEP Credit Agreement and we expect MEP to remain in compliance throughout the remainder of 2016.