Examples of Second Amended Credit Agreement in a sentence
The Second Amended Credit Agreement defined Tiffen LLC as the “Borrower” under the Saunders Loan, and provided that Tiffen LLC guaranteed the Defendants’ obligations under the loan to the Banks.
With the rebuilding timeline, Dueñas said that American Samoa will be dealing with this issue for the next 20 years, and by that time, there may not be any fishermen left.Dunham provided a statement for the record on his experience as an alia fisherman and described the importance of bottomfish to the Samoan culture.
The Second Amended Credit Agreement defined the term “Tiffen Family Member” to be “collectively, Steven Tiffen, Ira Tiffen, Barbara Mendelson and Sandra Cohen.” It is clear that the proceeds of the Saunders Loan allowed TMC to close the Saunders Acquisition, and expand and build its business.
During the Suspension Period, the interest rate applicable to the Amended Term Loan A Facility and the Amended Revolving Credit Facility, as defined in the Second Amended Credit Agreement, was increased to LIBOR plus 2.00% per annum with a LIBOR floor of 0.75% and the commitment fee in respect of the unutilized commitments under the Amended Revolving Credit Facility was increased to 0.35% per annum.
The Second Amended Credit Agreement also provides for a fee ranging between 0.175% and 0.3% of unused commitments.