Common use of Confirmation of Payment Clause in Contracts

Confirmation of Payment. The Administrative Agent and the Lenders will, upon request after payment in cash in full of the Credit Party Obligations of the Borrowers and obligations which are the subject of the Foreign Guaranty and termination of the Commitments relating thereto (excluding any continuing obligations under any Secured Hedging Agreements, pooling agreements or cash management agreements), confirm to the Foreign Borrower, the Foreign Guarantors or any other Person that such Credit Party Obligations of the Foreign Borrower and obligations have been paid and the Commitments relating thereto terminated, subject to the provisions of Section 11.2.

Confirmation of Payment. The Administrative Agent and the Lenders will, upon request after payment in cash in full of the Credit Party Obligations of the Borrowers and obligations which are the subject of the Foreign Guaranty and termination of the Commitments relating thereto (excluding any continuing obligations under any Secured Hedging Agreements, pooling agreements or cash management agreements), confirm to the Foreign Borrower, the Foreign Guarantors or any other Person that such Credit Party Obligations of the Foreign Borrower and obligations have been paid and the Commitments relating thereto terminated, subject to the provisions of Section 11.2, and shall release all Liens securing the Credit Party Obligations.

Confirmation of Payment. The Administrative Agent and the Lenders will, upon request after payment in cash in full of the Credit Party Obligations of the Borrowers and obligations which are the subject of the Foreign Guaranty and termination of the Commitments relating thereto (excluding any continuing obligations under any Secured Hedging Agreements, pooling agreements or cash management agreements), confirm to the Foreign BorrowerBorrowers, the Foreign Guarantors or any other Person that such Credit Party Obligations of the Foreign Borrower Borrowers and obligations have been paid and the Commitments relating thereto terminated, subject to the provisions of Section 11.2, and shall release all Liens securing the Credit Party Obligations.