Existing Credit Agreements. The commitments under the Existing Credit Agreements shall have been terminated and all amounts owing thereunder shall have been paid.
Existing Credit Agreements. The pay-off and termination (including the release of any liens or other security interests granted in connection therewith) of the Existing Credit Agreements (as defined below) shall occur prior to or substantially concurrently with the Closing.
Existing Credit Agreements. (a) The Borrower in its capacity as "Borrower" under and as defined in the Existing Credit Agreements (in such capacity, the "Existing Borrower") hereby provides Barclays Bank plc in its capacity as "Administrative Agent" under and as defined in the Existing Credit Agreements (in such capacity, the "Existing Administrative Agent") notice pursuant to Section 2.4 of the Existing Credit Agreements of its intent to terminate the "Commitments" under and as defined in the Existing Credit Agreements (as such, the "Existing Commitments") effective as of the effective time of this Agreement.
(b) The Lenders which are parties to the Existing Credit Agreements (which Lenders constitute the "Required Lenders" under and as defined in each of the Existing Credit Agreements) hereby (i) waive the requirement, set forth in Section 2.4 of each of the Existing Credit Agreements, that the Existing Borrower give not less than three Business Days' notice of any termination of the Existing Commitments, and (ii) pursuant to Section 9.1 of each of the < 57 > Existing Credit Agreements, consent to the execution and delivery by Barclays Bank plc, in its capacity as the Existing Administrative Agent for and on behalf of the "Lenders" under and as defined in each of the Existing Credit Agreements (as such, the "Existing Lenders"), of this Agreement to evidence or effectuate (as set forth in Section 9.17(c) below) the waivers set forth in clause (i) above.
(c) The Existing Administrative Agent hereby waives, for and on behalf of the Existing Lenders, the requirement, set forth in Section 2.4 of each of the Existing Credit Agreements, that the Existing Borrower give not less than three Business Days' notice of any termination of the Existing Commitments. < 58 >
Existing Credit Agreements. Each of the Existing Credit Agreements shall be terminated prior to or contemporaneously with the Closing Date and all loans and other obligations outstanding under each Existing Credit Agreement shall be paid in full prior to or contemporaneously with Closing Date. Each of the Lenders that is a party to any Existing Credit Agreement, by execution hereof, hereby waives the requirement of prior notice to the termination of the commitments thereunder.
Existing Credit Agreements. The Administrative Agent shall have -------------------------- received evidence satisfactory to it that the commitments under each of the Existing Credit Agreements shall have been terminated, all amounts outstanding thereunder have been repaid and any other amounts required to be paid to Chase or the banks thereunder have been paid.
Existing Credit Agreements. The representations and warranties set forth in (i) the Existing AMC Credit Agreement with respect to the historical business and operations of the Company and its Subsidiaries on or prior to the Closing Date and (ii) the Existing Loews Credit Agreement with respect to the historical business and operations of Loews and its Subsidiaries on or prior to the Closing Date shall be true and correct on and as of the Closing Date and shall be true and correct in all material respects on and as of the Closing Date with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects as of such earlier date.
Existing Credit Agreements. The Existing Credit Agreements shall have expired or been terminated and all amounts owing thereunder (including all principal, interest and accrued fees) shall have been paid (or shall contemporaneously be paid) in full.
Existing Credit Agreements. The Administrative Agent shall have received evidence satisfactory to it that the Existing Credit Agreements have been terminated and all amounts, if any, owing by the borrowers thereunder have been paid in full.
Existing Credit Agreements. On or prior to the Effective Date, the Company shall have provided evidence satisfactory to the Administrative Agent of amendments to the Existing Credit Agreements which provide for the release of the Company from its obligations under the Existing Credit Agreements.
Existing Credit Agreements. The Borrower shall have prepaid, or shall concurrently with the effectiveness and initial borrowings under this Amended and Restated Credit Agreement prepay, in full all amounts outstanding under the Existing Credit Agreements, including all unpaid principal, interest, breakage fees and all other fees and charges thereunder as of the Closing Date, and the Administrative Agent shall have received a “pay-off” letter in form and substance reasonably satisfactory to the Administrative Agent covering the amendment and restatement of each of the Existing Credit Agreements in accordance with Section 11.15 [Amendment and Restatement]. Each Lender that was a lender under the Existing Credit Agreements, by execution of this Agreement, waives all notice of prepayment of loans under the Existing Credit Agreements.
