REFINING GROUP definition
Examples of REFINING GROUP in a sentence
All notices and other communications that are required to be or may be given pursuant to this Agreement shall be in writing and shall be deemed to have been duly given if delivered in person or by courier or mailed by registered or certified mail (postage prepaid, return receipt requested) to the relevant party hereto at the following addresses or sent by facsimile to the following numbers: If to Sellers: THE PREMCOR REFINING GROUP INC.
If at any time there are any Loans outstanding, or any other Obligation which is then due and payable, the Borrower authorizes the Administrative Agent to apply the outstanding balance in any Concentration Account in repayment of such Loan or other Obligation; provided, however, that in the event that the Administrative Agent elects to apply CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC.
If at any time after termination of the Revolving Credit Commitments or acceleration of the maturity of the Loans, the Borrower shall pay all arrears of interest and all payments on account of principal of the Loans and Reimbursement Obligations that shall have become due otherwise than by acceleration (with interest on principal and, to the extent permitted CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC.
Each Lender and each Issuer acknowledges that it shall, independently and without reliance upon the Administrative Agent or any other Lender conduct its own independent investigation of the financial condition and affairs of the Borrower and each other Loan Party in CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC.
The Borrower shall, and shall cause each of its Subsidiaries to, from time to time permit the Administrative Agent and the Lenders, or any agents or representatives thereof, as soon as reasonably practicable, but in any event not later than 5 Business Days, after written notification of the same (except that during the continuance of an Event of Default, no such notice shall be required) during normal business hours to (a) examine and make copies of and CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC.
Notwithstanding the foregoing, (i) no conversion in whole or in part of Base Rate Loans to Eurodollar Rate Loans shall be permitted at any time prior to the Syndication Completion Date and (ii) no conversion in whole or in part of Base Rate Loans to Eurodollar Rate Loans and no continuation in whole or in part of Eurodollar Rate Loans upon the expiration of any applicable CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC.
Such purchase and sale (and the corresponding assignment of all rights and claims hereunder) shall be CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC.
To induce the Lenders, the Issuers and the Administrative Agent to enter into this Agreement, the Borrower represents and warrants each of the following to the Lenders, the Issuers and the Administrative Agent, on and as of the Closing Date and after giving effect to the making of any Loans and Letters of Credit on the Closing Date and on and as of each date as required by Section 3.2(b)(i) (Conditions Precedent to Each Loan and Letter of Credit): CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC.
The Borrower agrees with the Lenders, the Issuers and the Administrative Agent to each of the following, as long as any Obligation or any Revolving Credit Commitment remains outstanding and, in each case, unless the Requisite Lenders otherwise consent in writing: CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC.
To the extent not delivered to the Administrative Agent on or before the Closing Date (including in respect of after-acquired property and Persons that become Subsidiaries of any Loan Party after the Closing Date), the Borrower agrees promptly to do, or cause each of its Subsidiaries (unless it is an Unrestricted Subsidiary, a Project Company or an Immaterial Subsidiary) to do, each of the following: CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC.