Existing Debt Release/Repayment. The Existing Debt Release/Repayment shall have been or, substantially concurrently with the initial borrowings of the Term Loans, consummated, and after giving effect to the Transactions, the Group Members shall have outstanding no Indebtedness (other than (i) the Loans and supporting Letters of Credit, (ii) the Term Loans and (iii) Indebtedness permitted to be outstanding under Section 6.2(b) of this Agreement), and the Existing Debt Release/Repayment shall be evidenced by customary “payoff” letters.
Appears in 4 contracts
Samples: Amendment No. 3 (JELD-WEN Holding, Inc.), Amendment No. 2 (JELD-WEN Holding, Inc.), Revolving Credit Agreement (JELD-WEN Holding, Inc.)
