Consummation of the Refinancing. The Company shall simultaneously with the Closing, consummate the Refinancing.
Consummation of the Refinancing. (a) On or prior to the Initial Borrowing Date, all Indebtedness of the Borrower and its Subsidiaries under the Existing Credit Agreement shall have been repaid in full, together with all fees and other amounts owing thereon (such repayment, the “Refinancing”), all commitments under the Existing Credit Agreement shall have been terminated and all letters of credit issued pursuant to the Existing Credit Agreement shall have been terminated or shall have been back-stopped by a Letter of Credit issued hereunder.
Consummation of the Refinancing. (a) On or prior to the Closing Date and substantially concurrently with the incurrence of Loans and the use of such Loans to finance the Refinancing on such date, all Indebtedness of Holdings and its Subsidiaries under the Existing Credit Agreement shall have been repaid in full, together with all fees and other amounts owing thereon, all commitments under the Existing Credit Agreement shall have been terminated and all letters of credit issued pursuant to the Existing Credit Agreement shall have been terminated, backstopped or cash collateralized.
Consummation of the Refinancing. (a) On or prior to the Initial Borrowing Date and concurrently with the incurrence of Loans, all Indebtedness (other than Indebtedness otherwise allowed pursuant to Section 10.04) of the U.S. Borrower and its Subsidiaries (including the Target and its Subsidiaries) shall have been repaid in full, together with all fees and other amounts owing thereon.
Consummation of the Refinancing. The outstanding interest, principal, fees and other amounts owing to the Existing Lenders under the Existing Credit Agreement (other than standby Letters of Credit issued and outstanding immediately prior to the Closing Date under the Existing Credit Agreement) shall have been paid in their entirety. 100
Consummation of the Refinancing. (a) On or prior to the Effective Date, all Indebtedness of Holdings and its Subsidiaries under the Existing Credit Agreement and the Existing Receivables Securitization Facility shall have been repaid in full, together with all fees and other amounts owing thereon, all commitments under the Existing Credit Agreement and the Existing Receivables Securitization Facility shall have been terminated and all letters of credit issued pursuant to the Existing Credit Agreement shall have been terminated or incorporated herein as Existing Letters of Credit, all existing Accounts owned by Affinia Receivables LLC which were purchased under the Existing Receivables Securitization Facility shall have been reconveyed to the Credit Parties, and the Administrative Agent shall have received such pay-off letters or other evidence that the Refinancing and reconveyance has occurred as the Administrative Agent may have reasonably requested.
Consummation of the Refinancing. (i) On or prior to the Closing Date, the commitments under the Original First Lien Credit Agreement shall have been terminated, all loans thereunder shall have been repaid in full, together with interest thereon, all letters of credit issued thereunder shall have been terminated, or supported hereunder by Letters of Credit, and all other amounts owing pursuant to the Original First Lien Credit Agreement shall have been repaid in full, in each case using the gross cash proceeds received from the issuance and sale of the Senior Secured Notes, and the Administrative Agent shall have received evidence in form, scope and substance reasonably satisfactory to it that the matters set forth in this subsection have been satisfied at such time.
Consummation of the Refinancing. (a) On or prior to the Effective Date and concurrently with the incurrence of Loans and the use of such Loans on such date, all Indebtedness of the Borrower and its Subsidiaries under the Existing Bridge Credit Agreement shall have been repaid in full, together with all fees and other amounts owing thereon and all commitments under the Existing Bridge Credit Agreement shall have been terminated.
Consummation of the Refinancing. On or prior to the Funding Date and concurrently with the incurrence of Loans and the use of such Loans to finance the Refinancing on such date, all Indebtedness of Parent and its Subsidiaries under the Indebtedness Agreements to be Repaid shall have been repaid in full, together with all fees, prepayment penalties and other amounts owing thereon, all commitments under the Indebtedness Agreements to be Repaid shall have been terminated and all letters of credit issued pursuant to the Indebtedness Agreements to be Repaid shall have been terminated.
Consummation of the Refinancing. (i) On the Initial Borrowing Date, concurrently with the incurrence of Loans and the use of proceeds thereof for such purpose, all Indebtedness of the Borrower and its Subsidiaries under the Existing Credit Agreements shall have been repaid in full, together with all fees, premiums and other amounts owing pursuant thereto, all commitments under the Existing Credit Agreements shall have been terminated and all letters of credit issued pursuant to the Existing Credit Agreements shall have been terminated (or either incorporated as Letters of Credit hereunder or fully supported with Letters of Credit issued hereunder).
