Common use of Existing Indebtedness of the Borrower Clause in Contracts

Existing Indebtedness of the Borrower. All of the existing Indebtedness for borrowed money of the Borrower (other than Indebtedness permitted to exist pursuant to Section 6.1) shall be repaid in full and all security interests related thereto shall be terminated on the Closing Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Prospect Energy Corp)

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Existing Indebtedness of the Borrower. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.17.03) shall be repaid in full and all security interests interest related thereto shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Tejon Ranch Co)

Existing Indebtedness of the Borrower. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.17.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Green Plains Inc.)

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Existing Indebtedness of the Borrower. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.17.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.. 

Appears in 1 contract

Samples: Credit Agreement (Green Plains Inc.)

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