Examples of Original Revolving Credit Agreement in a sentence
The Original Revolving Credit Agreement, as amended by the First Amendment and the Second Amendment, is referred to herein as the “Revolving Credit Agreement”.
The obligations of the Company or its subsidiaries under the Amended Revolving Credit Agreement, and all other obligations under the Amended Revolving Credit Agreement, are guaranteed and secured in the same manner as the Original Revolving Credit Agreement.
The Amendment was entered into to amend certain terms of the Original Revolving Credit Agreement (the Original Revolving Credit Agreement, as amended by the Amendment, the “Amended Revolving Credit Agreement”).
The Administrative Agent shall have received satisfactory evidence of the irrevocable termination of all “Commitments”, as defined in the Original Revolving Credit Agreement, and repayment in full of all loans outstanding thereunder, together with all interest accrued and owing thereon and any and all fees thereunder, simultaneously with the occurrence of the Closing Date.
This Agreement shall constitute ------------------------- an amendment and restatement in its entirety of the Original Revolving Credit Agreement.
Each Borrower will use the proceeds of the extensions of credit under this Agreement for general corporate purposes (including, for the avoidance of doubt, refinancing of any existing indebtedness under the Original Revolving Credit Agreement) not in contravention of any law or any Credit Document.
Under the terms of the Amended Revolving Credit Agreement, the Borrower paid to the Administrative Agent, for the benefit of each lender which timely entered into the Amendment, an amount equal to 0.05% of the amount of such lender’s commitment under the Original Revolving Credit Agreement immediately prior to the effectiveness of the Amendment.
From and after the Closing Date, all indebtedness, liabilities, obligations, security interests and liens arising under the Original Revolving Credit Agreement or any Loan Documents referred to therein are hereby deemed to be renewed and continued, and not extinguished, discharged or satisfied, and are hereafter evidenced by and governed in accordance with this Agreement and the other Loan Documents.
All references in the Loan Documents referred to in the Original Revolving Credit Agreement to the Original Revolving Credit Agreement shall be deemed to mean this Agreement, as an amendment and restatement of the Original Revolving Credit Agreement.
The Amended Revolving Credit Agreement contains customary affirmative covenants, negative covenants, and events of default substantially comparable to the Original Revolving Credit Agreement (other than those that are described above and other minor changes).