Other Credit Facilities. The occurrence of an Event of Default under the Existing Ares Credit Agreement, the Ares Credit Agreement or the Atalaya Corporate Loan Agreement; THEN, (A) upon the occurrence of any Event of Default described in Sections 7.1(g), 7.1(h) or 7.1(j), automatically, and (B) upon the occurrence and during the continuance of any other Event of Default, at the request of (or with the consent of) the Administrative Agent, upon written notice to the Borrower, the Servicer and the Backup Servicer by the Administrative Agent, (x) the Revolving Commitments, if any, shall immediately terminate; (y) each of the following shall immediately become due and payable, in each case without presentment, demand, protest or other requirements of any kind, all of which are hereby expressly waived by each Credit Party: (1) the unpaid principal amount of and accrued interest on the Loans and (2) all other Obligations (other than contingent indemnification obligations for which no claim, demand or notice has been made); and (z) the Administrative Agent shall cause the Collateral Agent to enforce any and all Liens and security interests created pursuant to the Collateral Documents. Notwithstanding anything in this Agreement or any other Credit Documents to the contrary, no Credit Party (other than the Borrower) shall be liable for the payment of any principal or accrued and unpaid interest on the Loans or any losses incurred by Administrative Agent or any Lender incurred in connection with any failure by the Borrower to pay such amounts except in accordance with the Limited Guaranty. Upon the occurrence and during the continuance of an Event of Default, the principal amount of all Loans outstanding and, to the extent permitted by applicable law, any interest payments on the Loans or any fees or other amounts owed hereunder, shall thereafter bear interest (including post-petition interest in any proceeding under the Bankruptcy Code or other applicable Debtor Relief Laws) payable in accordance with the provisions of Section 2.10 at the Default Funding Rate until no Event of Default is then continuing.
Other Credit Facilities. Borrower and Lender acknowledge and agree that the credit facility provided for herein is in addition to the credit facilities provided for (i) in that certain Revolving Credit Agreement No. 2, of even date herewith, between Borrower and Lender, which provides for an additional $250,000 revolving line of credit, and (ii) in that certain Term Loan Agreement, of even date herewith, between Borrower and Lender, which provides for a term loan of up to $350,000.
Other Credit Facilities. The Agent shall have received copies of the definitive documentation establishing the Other Vendor Credit Facility and the Existing Bank Credit Facility; provided that certain confidential provisions of each such Facility (which in any event shall not include any of the provisions specified in subsection 3.18) shall not be required to be delivered by the Borrower.
Other Credit Facilities. Each Seller hereby represents and warrants that all credit facilities of the Sellers (other than Structured Securities Debt) which are presently in effect are listed on Exhibit J (the “Existing Credit Facilities”) hereto.
Other Credit Facilities. Executed copies of the Amended ----------------------- and Restated 1999 180 Day Credit Agreement, the Amended and Restated 1997 364 Day Credit Agreement, and the 1997 Second Amended and Restated Credit Agreement, together with evidence satisfactory to Administrative Agent that all conditions precedent to the effectiveness of such agreements have been satisfied.
Other Credit Facilities. The only other credit facilities, including repurchase agreements for mortgage loans and mortgage-backed securities, of Borrower that are presently in effect and are secured by mortgage loans or provide for the purchase, repurchase or early funding of mortgage loan sales, are with Persons disclosed to Lender at the time of application, or thereafter disclosed to and approved by Lender (which approval will not be unreasonably withheld), that have executed and delivered an Intercreditor Agreement (or will execute and deliver an Intercreditor Agreement within sixty (60) days following the Effective Date in accordance with Section 7.3) or warehouse lenders that are Approved Payees.
Other Credit Facilities. The Company shall have terminated the line of credit facilities in place prior to the Closing Date as set forth on Schedule 3.01(M) hereto and all obligations of the Company under such line of credit facilities shall have been paid in full, except for the following line of credit facilities which shall not be terminated, but shall remain outstanding in accordance with their terms (the "Continuing Credit Facilities"): (i) that the line of credit provided by CoBank to the Company pursuant to that certain Consolidating Supplement (designated as Loan No. E131TO2) to the Master Loan Agreement dated February 1, 1997, by and between CoBank and the Company; (ii) that certain Line of Credit Agreement No. S-4308 dated January 29, 1992, provided by CoBank to the Company, in the amount of $10,000,000; (iii) that certain Loan Agreement No. T-4391 dated January 18, 1994, provided by Xxxxxx, Inc. to the Company, in the amount of $3,000,000; and (iv) the overnight line of credit currently provided by Crestar Bank to the Company. Without limiting the foregoing, prior to or simultaneously with any funding of the initial Loans, the Administrative Agent shall have received evidence in form and substance reasonably satisfactory to the Administrative Agent, that with the proceeds of the initial Loans $118,313,487 in aggregate principal amount of indebtedness incurred by the Company under the Bridge Loan Facility evidenced by the Bridge Loan Agreement and any loan documents executed by the Company in connection therewith has been paid.
Other Credit Facilities. The Agent shall have received evidence satisfactory to it that all conditions precedent to funding under the Term Loan Agreement and the Note Backup Agreement shall have been satisfied, and that, concurrently with the Closing Date, the Borrower shall have received $225,000,000 gross cash proceeds under the Term Loan Agreement.
Other Credit Facilities. Neither Parent nor any Borrower will, or will permit any of its Subsidiaries to, create, incur, assume, suffer to exist, any Indebtedness incurred under clause (b)(2) of the definition of “Permitted Indebtedness” in Section 4.03 of the Note Indenture (other than the Indebtedness under this Agreement) which reduces the amount of Indebtedness (as defined in the Note Indenture) that may be incurred by Parent and its Subsidiaries under such clause (b)(2) of the definition of “Permitted Indebtedness” in the Note Indenture (any such indebtedness, “Other Credit Facilities”) in an aggregate amount at any time outstanding in excess of the Permitted Other Credit Facilities Amount. For the avoidance of doubt, (x) this Section 6.19 shall not be construed to permit Parent or any of its Subsidiaries to create, incur, assume, suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness that does not constitute Permitted Indebtedness, and (y) none of the Other Credit Facilities shall be secured by the Agent’s Liens nor shall any of such Other Credit Facilities constitute or be permitted to constitute “First Priority Obligations” under the Notes Intercreditor Agreement.
Other Credit Facilities. (i) The Liquidity Credit Agreement shall be in full force and effect and not more than $350,000,000 shall have been drawn thereunder to prepay the Bridge Credit Agreement and, after giving effect to the use of proceeds of the Loans made hereunder, not more than $100,000,000 shall remain outstanding under the Bridge Credit
