PIK Credit Agreement definition

PIK Credit Agreement means the Amended and Restated Credit Agreement dated as of October 3, 2011, among Travelport Holdings, Xxxxx Fargo Bank, National Association, as administrative agent, each lender from time to time party thereto and the other agents and arrangers named therein, as such Amended and Restated Credit Agreement may be amended, amended and restated, supplemented or otherwise modified from time to time.
Sample 1
PIK Credit Agreement means the Amended and Restated Credit Agreement, dated as of [•], 2011, among Travelport Holdings, Credit Suisse AGWells Fargo Bank, National Association, as administrative agent, each lender from time to time party thereto and the other agents and arrangers named therein, in substantially the form attached as Exhibit A to Exhibit F (Amendment Agreement) to the Disclosure Statement, dated September 28, 2011, filed by Holdings with the Securities and Exchange Commission, as such Amended and Restated Credit Agreement may be amended, amended and restated, supplemented or otherwise modified from time to time.
Sample 1
PIK Credit Agreement means that certain PIK Credit Agreement, by and among Reorganized Speedstar, the lenders party thereto and The Bank of New York Mellon, as Administrative Agent.
Sample 1

Examples of PIK Credit Agreement in a sentence

  • Holdings shall not make any prepayment prior to the scheduled date due of Indebtedness under the Holdings Senior PIK Credit Agreement other than with the proceeds of Refinancing Holdings Senior PIK Indebtedness.

  • Lenders have agreed to extend certain credit facilities to Company, the proceeds of which will be used (i) together with the proceeds of loans under the Second Lien Credit Agreement, the Holdings Senior PIK Credit Agreement and the Equity Contributions, to fund the Acquisition Financing Requirements, and (ii) to provide financing for working capital and other general corporate purposes of Company and its Subsidiaries following the Closing Date.

  • Lenders have agreed to extend certain credit facilities to Company, the proceeds of which will be used, together with the proceeds of loans under the First Lien Credit Agreement, the Holdings Senior PIK Credit Agreement and the Equity Contributions, to fund the Acquisition Financing Requirements.

  • On the Closing Date, the Holdings Senior PIK Loan Credit Agreement shall be fully executed and delivered, and not less than $75,000,000 shall be borrowed under the Holdings Senior PIK Credit Agreement in cash, to be applied, along with the proceeds of the Loans hereunder and the First Lien Indebtedness, to fund the Acquisition Financing Requirements.

  • All documents and agreements necessary to implement the Amended Plan and all other relevant and necessary documents (including, but not limited to, (i) the First Lien Credit Agreement Amendment, (ii) the Senior Exit Facility Credit Agreement, (iii) the PIK Credit Agreement and (iv) the New Stockholders Agreement) are essential elements of the Amended Plan and have been negotiated in good faith and at arms' length.

Related to PIK Credit Agreement

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • New Credit Agreement means the new credit agreement entered into as of December 23, 2021 in connection with the Closing of the Business Combination, by Fathom OpCo, certain lenders, and JPMorgan Chase Bank, N.A., as administrative agent thereunder.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • DIP Credit Agreement means the credit agreement with respect to the DIP Facility.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Credit Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • Parent Credit Agreement means that Credit Agreement, dated as of the date hereof, by and among FE and FET as borrowers, the banks and other financial institutions party thereto from time to time, and JPMorgan as administrative agent, as amended, amended and restated or otherwise modified from time to time.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.