Prior Bank Commitment definition

Prior Bank Commitment means the Borrower's committed credit facility evidenced by the Existing Credit Agreement.
Prior Bank Commitment means the Parent Borrower’s committed credit facility evidenced by the Existing Credit Agreement.
Prior Bank Commitment means the Company's committed credit facility --------------------- evidenced by that certain Credit Agreement dated as of November 21, 1997 among the Company, the several financial institutions from time to time party thereto and Wachovia Bank, N.A., as administrative agent, as amended and modified prior to the Closing Date.

Examples of Prior Bank Commitment in a sentence

  • The Prior Bank Commitment shall have been (or will be upon the initial borrowing hereunder and the application of the proceeds thereof) (i) paid in full, (ii) the obligations of the Credit Parties thereunder satisfied and the commitment of the lenders thereunder terminated and (iii) the Administrative Agent otherwise shall have received evidence satisfactory to it that such Prior Bank Commitment has been terminated.

  • The Prior Bank Commitment shall have been (or will be upon the initial borrowing hereunder and the application of the proceeds thereof) terminated and the obligations of the Borrower thereunder paid in full and fully satisfied.


More Definitions of Prior Bank Commitment

Prior Bank Commitment means the Company's committed credit facility