Prepetition Revolving Credit Agreement definition

Prepetition Revolving Credit Agreement means that certain 364-Day Revolving Credit Agreement, dated as of August 16, 2018, by and among Weatherford International Ltd., the other borrowers party thereto, Weatherford International plc, the Prepetition Revolving Credit Agreement Agent, the Prepetition Revolving Credit Agreement Lenders, and the Prepetition Revolving Credit Agreement Collateral Agent, as amended, supplemented, or modified from time to time prior to the Petition Date.
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Prepetition Revolving Credit Agreement means the Amended and Restated Credit Agreement, dated as of December 19, 1997, among Pillowtex, the lenders party thereto, and Bank of America (individually, as an issuing bank and as administrative agent for the lenders), as subsequently modified, amended or supplemented, together with all instruments and agreements related thereto.
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Prepetition Revolving Credit Agreement means that certain Credit Agreement dated as of December 11, 1997, as amended, among RBX, Chase as the agent thereunder and the Prepetition Lenders, pursuant to which the Prepetition Lenders provided a $25 million revolving credit facility to RBX Corp. and certain of the other Debtors.
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Examples of Prepetition Revolving Credit Agreement in a sentence

  • Each Holding Lender has the right pursuant to applicable state law, Section 10.08 of the Prepetition Revolving Credit Agreement and section 553 of the Bankruptcy Code to set off Prepetition Revolving Credit Agreement Obligations owed to such Holding Lender against the funds of the Debtor held in the accounts of such Holding Lender.

  • The amount of the Prepetition Revolving Credit Agreement Obligations owed to each Prepetition Revolving Lender as of the Petition Date is no less than the amount set forth in the table below.

  • Pursuant to Section 8.02 of the Prepetition Revolving Credit Agreement, upon the Petition Date, by virtue of the Debtor’s filing for relief under chapter 11 of the Bankruptcy Code, and by virtue of the provisions of the Bankruptcy Code, the Prepetition Revolving Credit Agreement Obligations became automatically due and payable in full without any further act of the Prepetition Revolving Agent or the Prepetition Revolving Lenders.

  • Pursuant to the Prepetition Revolving Credit Agreement, the Prepetition Revolving Lenders made commitments to provide unsecured revolving loans and make letters of credit available to the Debtor in an aggregate amount not to exceed $500,000,000.

  • Approval of Treasurer’s ReportBill Snyder reviewed the bills to be paid as of September, October, November and December 2014.

  • The Confirmation Order shall be reasonably acceptable in form and substance to the Debtors and Bank of America as administrative agent to the lenders under the Prepetition Revolving Credit Agreement and the Prepetition Term Credit Agreement.

  • None of the Borrower or any of its Subsidiaries will create, incur, assume or otherwise cause or suffer to exist or become effective any Lien on any Eligible Aircraft, Eligible Engines, or Eligible Inventory that secures any Indebtedness or any related guarantees (other than Liens to secure the Obligations, the Senior Note Indebtedness, the Indebtedness under the Prepetition Revolving Credit Agreement and the Indebtedness under the DIP Revolving Credit Agreement.

  • Mandatory Prepayments will result in a dollar-for-dollar permanent reduction of the then-outstanding DIP Loans in accordance with an application waterfall in a manner consistent with the Prepetition Revolving Credit Agreement.

  • The setoff right of each Holding Lender is equal to the lesser of (i) such Holding Lender’s share of Prepetition Revolving Credit Agreement Obligations and (ii) the amount of Debtor funds held in the accounts of such Holding Lender on the Petition Date (such amount, in aggregate, or with respect to each Holding Lender’s respective share thereof, as applicable, the “Setoff Amount”, and such funds, the “Holding Lender Cash”).

  • To the extent not paid in full in Cash prior to the Effective Date, on the Effective Date, the Allowed Prepetition Revolving Credit Claims shall, in full satisfaction, settlement, discharge and release of, and in exchange for, such Claims, be indefeasibly paid in full in Cash and the Prepetition Revolving Credit Agreement Liens shall be deemed discharged, released, and terminated for all purposes without further action of or by any Person or Entity.


More Definitions of Prepetition Revolving Credit Agreement

Prepetition Revolving Credit Agreement means that certain $150 million revolving credit facility dated as of February 16, 1996 and December 28, 1997, as amended, between Paragon and a group of financial institutions, pursuant to which The Chase Manhattan Bank serves as agent.
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Prepetition Revolving Credit Agreement has the meaning specified in the recitals hereto.
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Prepetition Revolving Credit Agreement means that certain Credit Agreement, dated as of May 2, 2013, among Borrower, the lenders from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent, lead arranger, book runner, syndication agent, and documentation agent.
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Prepetition Revolving Credit Agreement. Amended and Restated Credit Agreement, dated as of July 20, 2006, among the Borrower, GM Canada, Saturn, LLC (f/k/a Saturn Corporation), Citicorp USA, Inc., as administrative agent, and the lenders party thereto from time to time.
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Prepetition Revolving Credit Agreement means that certain Revolving Credit and Guaranty Agreement dated as of December 21, 2007 by and among Borrower, as borrower, Holdings and certain subsidiaries of Borrower, as guarantors, the lenders party thereto and WFCF, as administrative agent (as amended prior to the date hereof).
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Related to Prepetition Revolving Credit Agreement

  • 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).

  • 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.

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

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

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

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

  • 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.

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

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

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

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • 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.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • 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.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • 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.

  • Revolving Credit Documents means the Revolving Credit Agreement and the Revolving Credit Collateral Documents.

  • Existing Revolving Credit Class shall have the meaning provided in Section 2.14(g)(ii).

  • 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.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Refinancing Revolving Credit Commitments shall have the meaning provided in Section 2.14(h).

  • 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.