NCNB Agreement definition

NCNB Agreement means that certain Amended and Restated Credit Agreement dated as of November 22, 2005, among the Company, Bank of America, N.A., as Administrative Agent and L/C Issuer, BNP Paribas, JPMorgan Chase Bank, The Royal Bank of Scotland plc, Wachovia Bank, National Association and ▇▇▇▇▇ Fargo Bank, N.A., as Co-Syndication Agents, Fortis Capital Corp. and Union Bank of California, N.A., as Co-Documentation Agents, and the lenders party thereto, as the provisions thereof may from time to time be amended or waived in compliance with paragraph 6E.

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NCNB Agreement means (i) from the date hereof to August 31, 1993, the First Restated Loan Agreement, dated as of October 31, 1991, between the Company and NCNB, as Agent and NCNB and Bankers Trust Company as Co-Managers of the Acquisition Loan and Certain Banks as Lenders, and (ii) from and after August 31, 1993, Term Loan Agreement and the Revolving Loan Agreement.

NCNB Agreement means that certain Credit Agreement dated as of April 24, 2003, among the Company, Bank of America, as Administrative Agent and L/C Issuer, Bank One, NA and Fleet National Bank, as Co-Syndication Agents, The Royal Bank of Scotland plc and Wachovia Bank, National Association, as Co-Documentation Agents, and the lenders party thereto, as the provisions thereof may from time to time be amended or waived in compliance with paragraph 6E.

Examples of NCNB Agreement in a sentence

Overtime for continuous operations will normally be covered byworking workondaysoff may be scheduled at the discretion of supervision to correct inequities in overtime distribution.
In any event, for purposes of determining compliance with this paragraph 6A(3), Adjusted Consolidated Debt shall include without limitation all indebtedness included in determining compliance with the similar covenant in the NCNB Agreement.
The Company has delivered to each Purchaser prior to the date hereof a true, correct and complete copy of the NCNB Agreement, including all amendments and waivers of any provision thereof.
The Company shall have received any consent required by the NCNB Agreement and delivered a copy thereof to each Purchaser.
The Loan Documents (as defined in the NCNB Agreement) shall have been executed by all parties thereto, a final copy and execution pages thereof shall have been delivered to Prudential and all of such Loan Documents shall be in form and substance satisfactory to Prudential and in full force and effect.
The holders and the Company agree that all stock and other securities pledged pursuant to the Pledge Agreements will remain subject to the Pledge Agreements until (i) in the case of all such stock and other securities, the Company achieves the Minimum Rating and NCNB, as agent for the lenders under the NCNB Agreement, have released their security interests in all of such pledged stock and other securities and, provided that no Default or Event of Default exists or would result therefrom.
The Company shall require each Subsidiary that guarantees any obligations of the Company under the NCNB Agreement the 1993 Note Purchase Agreement or the 1995 Note Purchase Agreement to immediately execute and deliver to any holder of Notes a Guaranty.
Make any payment in respect of principal of, or purchase, redeem or otherwise retire, any Subordinated Debt (including, without limitation, by the making of payments by Subsidiaries under Subordinated Guaranties) if a Default or an Event of Default at the time exists or would result therefrom or (ii) issue, create or incur any Subordinated Debt if a "Default" (as such term is defined in the NCNB Agreement) at the time exists or would result therefrom.
In any event, for purposes of determining compliance with this paragraph 6A(2), Consolidated Debt shall include without duplication and without limitation all indebtedness included in determining compliance with the similar covenant in the NCNB Agreement.
The NCNB Agreement shall not require (or if so required, such conditions shall simultaneously terminate) (i) the grant of a Lien on any property of the Company or any Subsidiary or (ii) the delivery of any security agreement or the guaranty or agreement to provide guaranties of the obligations of the Company under such agreements other than any Bank Guaranty which is subject to the Intercreditor Agreement and for which such Purchaser shall have received a Guaranty from the same Guarantor.

More Definitions of NCNB Agreement

NCNB Agreement set forth in Paragraph 10B is hereby deleted in its entirety and replaced, in lieu thereof, with the following:

NCNB Agreement means that certain Loan Agreement dated as of the Effective Date among the Company, NationsBank, as agent, and the lenders parties thereto as the provisions thereof have been or may be from time to time amended or waived in compliance with paragraph 6E.

NCNB Agreement means that certain Loan Agreement dated as of April 29, 1999 among the Company, Bank of America, N.A., as agent, Nationsbanc ▇▇▇▇▇▇▇▇▇▇ Securities LLC, as Lead Arranger, Societe Generale, as Syndication Agent, ABN AMRO Bank N.V., as Documentation Agent, and the lenders parties thereto as the provisions thereof have been or may be from time to time amended or waived in compliance with paragraph 6E.