Common use of Existing Credit Agreements Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit Agreement (Integrys Energy Group, Inc.), Credit Agreement (Integrys Energy Group, Inc.)

AutoNDA by SimpleDocs

Existing Credit Agreements. Each of the Existing Credit Agreements shall be terminated prior to or contemporaneously with the making of 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.

Appears in 1 contract

Samples: Credit Agreement (Integrys Energy Group, Inc.)

AutoNDA by SimpleDocs

Existing Credit Agreements. Each of the The Existing Credit Agreements shall be terminated prior to or contemporaneously with the Closing Date and all loans and other obligations outstanding under each the Existing Credit Agreement Agreements shall be paid in full prior to or contemporaneously with Closing Date. Each of the Lenders that is a party to any of the Existing Credit AgreementAgreements, by execution hereof, hereby waives the requirement of prior notice to the termination of the commitments thereunder.

Appears in 1 contract

Samples: Credit Agreement (Integrys Energy Group, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!