Common use of Existing Debt Release/Repayment Clause in Contracts

Existing Debt Release/Repayment. The Existing Debt Release/Repayment shall have been or, substantially concurrently with the borrowing of the Loans shall be, consummated, and after giving effect to the Transactions, the Group Members shall have outstanding no Indebtedness other than (i) the Loans, (ii) Indebtedness in respect of the ABL Credit Agreement and (iii) Indebtedness permitted to be outstanding under Section 6.1(b)(iii) of this Agreement.

Appears in 6 contracts

Samples: Amendment No. 4 (JELD-WEN Holding, Inc.), Amendment No. 5 (JELD-WEN Holding, Inc.), Amendment No. 3 (JELD-WEN Holding, Inc.)

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Existing Debt Release/Repayment. The Existing Debt Release/Repayment shall have been or, substantially concurrently with the initial borrowing of under the Loans Facilities shall be, consummated, and after giving effect to the Transactions, the Group Members shall have outstanding no Indebtedness other than (i) the Loans, (ii) Indebtedness in respect of the ABL Credit Agreement Senior Notes and (iii) Indebtedness permitted to be outstanding under Section 6.1(b)(iii7.2(b)(iii) of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Expo Event Holdco, Inc.)

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