Credit Facility and Derivative Matters. Contemporaneously with Closing, (a) all amounts outstanding under the Company Credit Facility shall have been repaid in full, (b) the administrative agent thereunder shall have delivered to Buyer (in form and substance reasonably acceptable to Buyer) releases and/or terminations, as applicable, of all mortgages and security interests relating to the Company and/or the Assets with respect to the Company Credit Facility and (c) the Company and Seller shall have received (i) all novations and terminations with respect to the Xxxxxx and (ii) all necessary consents with respect to the Xxxxxx (at Buyer’s expense), including in connection with any novation or termination of the Xxxxxx.
Credit Facility and Derivative Matters. Simultaneously with the Closing (a) Seller shall have received all necessary consents and lien releases and/or terminations with respect to all mortgages and security interests relating to the Assets under the Seller Credit Facility.
Credit Facility and Derivative Matters. The conditions contemplated by Section 7.5 shall have been satisfied.
Credit Facility and Derivative Matters. Simultaneously with the Closing (a) the Sellers shall have received all necessary consents (and lien releases and/or terminations with respect to the Company Interests) under the Seller Credit Facilities, (b) the Company Credit Facility shall have been repaid in full and the administrative agent thereunder shall have deliver to Buyer (in form and substance reasonably acceptable to Buyer) releases and/or terminations, as applicable, of all mortgages and security interests relating to the Company Credit Facility and/or the Assets, and (c) the Company shall have received all necessary consents with respect to the Company Derivatives.
Credit Facility and Derivative Matters. Simultaneously with the Closing (a) Seller shall have received all necessary consents and lien releases and/or terminations with respect to the Company Interests, the Tanos Holding Interests, the Tanos Exploration Interests and the Tanos Midstream Interests and all mortgages and security interests relating to the Assets under the Seller Credit Facility and (b) the Company shall have received all necessary consents with respect to the Company Derivatives (at Seller’s expense).
