Examples of Senior Revolving Loan in a sentence
This Amendment shall become effective on the first date on which the Agents shall have received a duly executed counterpart of this Amendment executed by each Credit Party, Revolving Agent, Term Agent, Collateral Agent, those Senior Revolving Lenders which constitute “Required Lenders” under the Senior Revolving Loan Agreement, those Senior Term Lenders which constitute “Required Lenders” under the Senior Term Loan Agreement, Swingline Lender, and Issuing Bank (such date, the “Effective Date”).
Notes payable consisted of the following: The Senior Euro-Dollar Revolving Loan, the Senior Revolving Loan, and the Senior Canadian Euro-Dollar Revolving Loan (collectively, the “outstanding revolving loans”) are pursuant to a $350,000 Credit Agreement (the “Credit Agreement”) with a consortium of financial institutions entered into by the Company on August 26, 2002, as amended on April 28, 2004.
No Restricted Company may have issued for its account — or otherwise become obligated for any reimbursement obligations for — any letter of credit except letters of credit under the Senior Revolving Loan Documents.
Dated as of November 18, 2008 The undersigned hereby acknowledge and consent to, the foregoing Subordination and Intercreditor Agreement, dated as of November 18, 2008 (the “Subordination Agreement”), among Xxxxx Fargo Foothill, LLC, a Delaware limited liability company (“WFF”), as Senior Revolving Loan Agent and a Senior Agent, WFF, as the Senior Term Loan Agent and a Senior Agent, and Ares Capital Corporation, a Maryland corporation, as the Subordinated Agent.
Lender shall have reviewed and found satisfactory all terms and conditions of the Senior Revolving Loan Documents.
This Agreement shall not impair or supersede any other agreement between the Senior Revolving Loan Agent and the Senior Term Loan Agent with respect to any of the Obligors, including the Senior Intercreditor Agreement, which shall remain in full force and effect, and shall not modify or otherwise affect the relative rights of the Senior Revolving Claimholders and the Senior Term Loan Claimholders set forth in the Senior Intercreditor Agreement.
Furthermore as the employee is receiving their pension early it is likely to be subject to a reduction.
The occurrence of any Default or Event of Default (each as defined in the Permitted Senior Revolving Loan Credit Agreement), shall occur and be continuing.
Borrower and Bank have caused this Fourth Amendment to the Senior Revolving Loan Agreement to be executed by their respective, duly authorized officers or representatives as of the day and year first above written.
The unpaid principal balance plus all accrued but unpaid interest on the Senior Revolving Loan shall be due and payable on May 30, 2010, or such later date through which the Senior Revolving Loan may be extended or renewed (the “Senior Revolving Loan Maturity Date”), or such earlier date on which such amount shall become due and payable on account of acceleration by the Lender in accordance with the terms of the Senior Revolving Note and this Agreement.