Prior Credit Facility definition

Prior Credit Facility is defined in the first preliminary statement hereto.

Prior Credit Facility means that certain Amended and Restated Revolving Credit Agreement dated as of August 20, 1993 by and among Pennzoil Company, the banking institutions party thereto and Chase Bank of Texas, National Association (f/k/a Texas Commerce Bank National Association), as Administrative Agent, as amended from time to time.

Prior Credit Facility means the Fourth Amended and Restated Credit Agreement dated as of November 22, 2013, among Borrower, Bank of Montreal, as administrative agent and as issuing bank and certain lenders party thereto (as amended, modified or supplemented prior to the date hereof).

Examples of Prior Credit Facility in a sentence

• The Loans and Letters of Credit hereunder are for the direct benefit of the Borrower or one or more of the Restricted Subsidiaries of the Borrower, and the initial Loans and Letters of Credit hereunder are used to refinance and replace indebtedness owing, directly or indirectly, by the Borrower and certain of the Guarantors to the Lenders under the Prior Credit Facility.

• Upon the effectiveness of this Agreement, all of the Prior Indebtedness outstanding on such date shall hereby be restructured, rearranged, renewed, extended and continued as provided in this Agreement and all Loans outstanding under the Prior Credit Facility shall become Loans outstanding hereunder.

• The Administrative Agent, the Lenders and the Issuing Bank are willing, on the terms and subject to the conditions hereinafter set forth (including Article IV), to amend and restate the Prior Credit Facility in order to restructure, rearrange, renew, extend and continue all Prior Indebtedness and to modify the commitments and make such Loans to the Borrower and issue and participate in such Letters of Credit for the account of the Borrower.

• The Prior Credit Facility, and all commitments thereunder, were terminated effective June 15, 2017.

• Without limiting the foregoing, the claims released herein expressly include any claims arising out of, or alleged to arise out of (a) the application for or the negotiation of the terms of the Loans, the Loan Documents or any Prior Credit Facility, (b) the administration by Lender of the Commitments, the Loans, the Loan Documents and any Prior Credit Facility, or (c) the contracting for charging, taking, reserving, collecting or receiving interest in excess of the highest lawful rate applicable thereto.

More Definitions of Prior Credit Facility

Prior Credit Facility means the Fourth Amended and Restated Credit Agreement made as of August 31, 2016 between the Company, as Canadian borrower, Liquor Stores USA Holdings Inc., as U.S. borrower, the lenders party thereto, Canadian Imperial Bank of Commerce, as administrative and security agent for the lenders, and Canadian Imperial Bank of Commerce, as lead arranger and book runner, as amended by a first amending agreement made effective as of October 16, 2018, and as amended by a second amending agreement made effective as of October 31, 2018, and as amended by a third amending agreement made March 7, 2019;

Prior Credit Facility means the 5-Year Revolving Credit Agreement dated as of August 16, 2001 among the Company, Citibank, as paying agent, Citibank and JPMCB (as successor to The Chase Manhattan Bank), as co-administrative agents, and the lenders party thereto.

Prior Credit Facility has the meaning set forth in the Preambles.

Prior Credit Facility contained in Section 1.01: "Quarterly Date" shall mean the last day of each March, June, September and December in each year. (h) immediately following the definition of "Revolving Loan Maturity Date" contained in Section 1.01: "Rolling Period" means any period of four consecutive fiscal quarters of the Borrower. SECTION 2.

Prior Credit Facility means the Credit Agreement, dated as of April 21, 1998, by and among ICT Group, Inc., Eurotel Marketing Limited, Yarkley Enterprises, Inc., Harvest Resources, Inc., ICT/Canada Marketing, Inc., Fleet Bank, NA (formerly BankBoston, N.A.) and Summit Bank, as amended.

Prior Credit Facility the credit facility evidenced by that certain Credit Agreement, dated as of February 25, 2013, among the lenders named therein, and JPMorgan Chase Bank, N.A., as Administrative Agent.

Prior Credit Facility. Each Bank which is a "Bank" under the Prior Credit Facility hereby (i) waives its right to receive any advance notice of termination required by the Prior Credit Facility and agrees that such Prior Credit Facility may be terminated by notice from the Borrower on the Effective Date and (ii) waives any default thereunder which may have occurred in connection with the Chapter 11 Cases. [Remainder of page intentionally blank.]