Examples of Prior Credit Agreements in a sentence
The borrowings under the Credit Agreement's term loan facility of $255 million equaled the remaining principal balance from the Prior Credit Agreement's term loan facility.
The amounts we were able to borrow under each of the Prior Credit Agreements was limited by a borrowing base, which was based on our oil and natural gas properties, proved reserves and total indebtedness, as well as other factors, and was consistent with customary lending criteria.
The 2009 Credit Agreement will replace the Prior Credit Agreements.
All amounts due or outstanding under the Prior Credit Agreements shall have been paid in full, all commitments thereunder terminated, and all guarantees thereof and security (if any) therefor released and discharged, and the Administrative Agent shall have received reasonably satisfactory evidence thereof (the “Credit Agreement Refinancings”).
On May 6, 2021, we terminated the Prior Credit Agreements with the proceeds from the issuance of the Senior Notes and the Noncontrolling Interest Carve-Out and borrowings under the Revolving Credit Facility (as discussed below).