Revolving Credit Agreement definition
Examples of Revolving Credit Agreement in a sentence
This Agreement shall be binding upon the successors and assigns of each Guarantor and shall inure to the benefit of the Guaranteed Parties and their respective successors and permitted assigns, except that no Guarantor may assign, transfer or delegate any of its rights or obligations under this Agreement except pursuant to a transaction permitted by the Revolving Credit Agreement and in connection with a corresponding assignment under the Revolving Credit Agreement Guarantee.
All principal, interest, fees and other amounts due or outstanding under the Existing Revolving Credit Agreement shall have been paid in full, the commitments thereunder shall be terminated, all letters of credit outstanding thereunder shall be canceled or shall be designated hereunder as Existing Letters of Credit and all Guarantees, if any, created in connection therewith shall be terminated and released.
The Company hereby agrees that the Commitments (as defined in the Existing Revolving Credit Agreement) under the Existing Revolving Credit Agreement are hereby terminated.