Senior Credit Agreement definition

Senior Credit Agreement means the Credit Agreement dated as of _______, 2003, by and between the Company and the Lender referred to therein, as amended, restated, supplemented or otherwise modified from time to time and any and all credit agreements relating to any refinancings respecting the Senior Indebtedness.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Senior Credit Agreement has the meaning specified therefor in the Recitals hereto.

Senior Credit Agreement means the Credit Agreement of even date herewith among the Company, the Subsidiary Borrowers and the Senior Creditor, governing a senior multi-advance term loan facility.

Examples of Senior Credit Agreement in a sentence

As soon as possible and in any event within two (2) Banking Days after becoming aware of the occurrence of any Event of Default (as defined in the Senior Credit Agreement) or becoming aware of any event which constitutes a Default (as defined in the Senior Credit Agreement), a statement of a senior officer of the Obligors setting forth details of such event of default or default and the action which the Company proposes to take with respect thereto.
Except for the Transaction Documents and the Senior Credit Agreement, there are no agreements, understandings, instruments, contracts or proposed transactions to which the Company is a party or by which it is bound that involve (i) obligations (contingent or otherwise) of, or payments to, the Company in excess of $10,000,000 or (ii) except for those set forth in Schedule 4.11, the license of any patent, copyright, trademark, trade secret or other proprietary right to or from the Company.
There has been no material change to the structure of the Company and its respective Subsidiaries as set forth in Schedule 10.1(u) of the Senior Credit Agreement such that would be detrimental to the Collateral and priority ranking of any Lien granted to the Lenders.
If any Guarantor withdraws or terminates, or attempts to withdraw or terminate its Guarantee, except as otherwise permitted hereunder; provided, that no Event of Default shall result from such termination or withdrawal if such Guarantor ceases to guarantee the obligations under the Senior Credit Agreement.
If any Obligor shall fail to make any payment of principal or interest on the Senior Debt when due (after giving effect to any grace period thereof), whether due by acceleration or otherwise; provided however, that the Event of Default under this Section 8.1(b) shall be deemed cured or waived for purposes of this Agreement upon the Lenders receiving evidence reasonably satisfactory to the Lenders that such payment default has been cured or waiver under the Senior Credit Agreement.

More Definitions of Senior Credit Agreement

Senior Credit Agreement means that certain Senior Secured Credit Agreement, to be dated on or about the Effective Date, among the Issuer, as lead borrower, the Co-Issuer, as co-borrower, the guarantors party thereto, and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, as amended, supplemented, restated, replaced, renewed, extended or otherwise modified from time to time.

Senior Credit Agreement means any credit agreement first entered into prior to the date hereof by and between the Company and a bank or other financial institution providing for the establishment, continuation or modification of a line of credit or revolving credit facility as amended, restated, supplemented or otherwise modified from time to time and any and all credit agreements relating to any refinancings respecting the Senior Indebtedness.

Senior Credit Agreement means that certain Second Amended and Restated Credit Agreement by and among Borrower and Senior Lender, dated as of August 13, 2020, as amended, restated or otherwise modified from time to time pursuant to the terms of the Subordination Agreement, which amended and restated that certain Amended and Restated Credit Agreement dated as of February 21, 2020 and effective as of May 10, 2019.

Senior Credit Agreement means the Credit Agreement and any other agreement governing any Future First-Lien Indebtedness.

Senior Credit Agreement means that certain Second Amended and Restated Credit Agreement, dated as of even date herewith, between the Company, the Senior Agent and the Senior Lenders.

Senior Credit Agreement means the credit agreement dated as of January 7, 2009 among the Parent, as borrower, the lenders party thereto, as lenders, JPMorgan Chase Bank, N.A., as administrative agent, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Credit Partners L.P., as syndication agent and ▇.▇. ▇▇▇▇▇▇ Securities Inc., as sole bookrunner and lead arranger.

Senior Credit Agreement means the credit agreement, dated as of May 11, 1999, among Healthtrust, the lenders parties thereto, Scotiabanc Inc., as documentation agent, Deutsche Bank AG, New York and/or Cayman Island Branches, as syndication agent, SunTrust Bank, as co-agent, Fleet National Bank, as arranger and as administrative agent and the co-arrangers parties thereto, as such agreement may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified from time to time.