Common use of Amendment and Restatement Effective Date Refinancing Clause in Contracts

Amendment and Restatement Effective Date Refinancing. Prior to or substantially concurrently with the Amendment and Restatement Effective Date, the Borrower shall have (i) prepaid all Term B-2 Loans outstanding immediately prior to the Amendment and Restatement Effective Date and (ii) paid to all Term B-2 Lenders all accrued and unpaid interest, fees or other outstanding amounts on their Term B-2 Loans outstanding immediately prior to, but not including, the Amendment and Restatement Effective Date.

Appears in 4 contracts

Samples: Credit Agreement (Iridium Communications Inc.), Credit Agreement (Iridium Communications Inc.), Credit Agreement (Iridium Communications Inc.)

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