Existing Facility. All amounts outstanding, accrued or payable under the Existing Facility shall be repaid in full and the Existing Facility and the respective commitments thereunder shall be terminated and any letters of credit thereunder shall be terminated or cash collateralized in full, and the Administrative Agent shall have received a pay-off letter in form and substance satisfactory to it evidencing such repayment and termination.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Avangrid, Inc.), Revolving Credit Agreement (Avangrid, Inc.), Revolving Credit Agreement
Existing Facility. All amounts outstanding, accrued or payable under The Existing Facility (other than the Existing Facility Letters of Credit) shall be repaid in full and the Existing Facility terminated and the respective commitments thereunder all collateral security therefor shall be terminated and any letters of credit thereunder shall be terminated or cash collateralized in fullreleased, and the Administrative Agent shall have received a pay-off letter in form and substance satisfactory to it evidencing such repayment repayment, termination, reconveyance and terminationrelease.
Appears in 3 contracts
Samples: Credit Agreement (SCP Pool Corp), Credit Agreement (SCP Pool Corp), Amendment to Credit Agreement (SCP Pool Corp)
