Common use of Existing Indebtedness of the Credit Parties Clause in Contracts

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or prior to the Closing Date.

Appears in 16 contracts

Samples: Credit Agreement (Ani Pharmaceuticals Inc), Credit Agreement (Ani Pharmaceuticals Inc), Credit Agreement (Mednax, Inc.)

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Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties Borrower and their its Subsidiaries (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 or prior to the Closing Date.

Appears in 9 contracts

Samples: Credit Agreement (Gencorp Inc), Credit Agreement (Belden Inc.), Credit Agreement (Gencorp Inc)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or assigned to the Administrative Agent on terms and conditions reasonably satisfactory thereto on or prior to the Closing Date.

Appears in 7 contracts

Samples: Credit Agreement (ARKO Corp.), Credit Agreement (ARKO Corp.), Credit Agreement and Consent (CrossAmerica Partners LP)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than including, without limitation, the Existing Credit Facility but excluding Indebtedness permitted to exist pursuant to Section 6.1) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 6 contracts

Samples: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or prior to the Closing Date.

Appears in 5 contracts

Samples: Credit Agreement (Nci Building Systems Inc), Credit Agreement (Sunair Electronics Inc), Credit Agreement (Nci Building Systems Inc)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or on, prior to or substantially contemporaneously with the Closing Date.

Appears in 4 contracts

Samples: Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or prior to the Closing DateDate or arrangement satisfactory to the Administrative Agent shall be in place to obtain such terminations.

Appears in 4 contracts

Samples: Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.1) shall be repaid in full and all security interests related thereto (other than Permitted Liens) shall be terminated on or prior to the Closing Date.

Appears in 4 contracts

Samples: Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.), Credit Agreement (Mednax, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties Borrower and their its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.18.1) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Dateterminated.

Appears in 3 contracts

Samples: Credit Agreement (Viemed Healthcare, Inc.), Credit Agreement (Hibbett Inc), Credit Agreement (Hibbett Inc)

Existing Indebtedness of the Credit Parties. All The Existing Credit Agreement shall be terminated, all Indebtedness of the Borrower thereunder and all other existing Indebtedness for borrowed money of the Credit Parties Borrower and their its Subsidiaries (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 or prior to the Closing Date.

Appears in 3 contracts

Samples: Credit Agreement and Waiver (Bravo Brio Restaurant Group, Inc.), Credit Agreement (Bravo Brio Restaurant Group, Inc.), Credit Agreement (Bravo Brio Restaurant Group, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.16.2) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Enova International, Inc.), Credit Agreement (Cash America International Inc)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.18.1) shall be repaid in full and all security interests related thereto shall be terminated or assigned to the Administrative Agent on terms and conditions reasonably satisfactory thereto on or prior to the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Sun Communities Inc), Credit Agreement (Sun Communities Inc)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (including the Acquired Company and 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 or prior to the Closing Date, other than Indebtedness and Liens permitted by Sections 6.1 and 6.2.

Appears in 2 contracts

Samples: Note Purchase Agreement (Atlas Merger Subsidiary, Inc.), Credit Agreement (Atlas Merger Subsidiary, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties Borrower and their its Subsidiaries (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 or prior to the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Gencorp Inc), Credit Agreement (Gencorp Inc)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Parent, the Credit Parties and their Restricted Subsidiaries (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 or prior to the Closing Effective Date.

Appears in 2 contracts

Samples: Agency Succession and Amendment Agreement (GateHouse Media, Inc.), Credit Agreement (GateHouse Media, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (including the Acquired Company), 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 or prior to the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (VOXX International Corp), Credit Agreement (VOXX International Corp)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Parent, the Credit Parties and their Restricted Subsidiaries (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 or prior to the Closing Date.

Appears in 2 contracts

Samples: First Lien Credit Agreement (GateHouse Media, Inc.), Secured Bridge Credit Agreement (GateHouse Media, Inc.)

Existing Indebtedness of the Credit Parties. All of the ------------------------------------------- existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.1) shall be repaid in full and all security interests and Liens related thereto shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Fisher Communications Inc)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or prior to the Closing Restatement Date, the parties recognizing that the Term Loans of the Borrowers under the Existing Credit Agreement will be repaid and extinguished on the Restatement Date using proceeds of the Loans.

Appears in 1 contract

Samples: Credit Agreement (Innophos Holdings, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or prior to the Closing Date, including, without limitation, the Repurchase Facility.

Appears in 1 contract

Samples: Credit Agreement (Gramercy Capital Corp)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than including Indebtedness under the Existing Credit Agreement but excluding Indebtedness permitted to exist pursuant to Section 6.1) 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 (Innophos Holdings, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or prior to the Closing Restatement Date.

Appears in 1 contract

Samples: Credit Agreement (CapLease, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties Holdings and their its Subsidiaries (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 or prior to the Closing Date.

Appears in 1 contract

Samples: Note Purchase Agreement (Bravo Brio Restaurant Group, Inc.)

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Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.16.1 but including Indebtedness under the Existing Credit Agreement) shall be repaid in full (together with accrued and unpaid interest thereon and obligations with respect thereto) and all security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Carrols Restaurant Group, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties Borrowers and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.1) shall be repaid in full (or discharged in accordance with their respective terms) and all security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Pep Boys Manny Moe & Jack)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or prior to terminated; provided that the Closing Date.Borrower’s Indebtedness under the Existing Credit Agreement shall be refinanced hereunder and the security interests related thereto shall remain in full force and effect and secure the Obligations hereunder. |US-DOCS\140878708.9||

Appears in 1 contract

Samples: Credit Agreement (ARKO Corp.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (including the Acquired Company and 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 or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Armor Holdings Inc)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties Borrower and their its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.17.05) 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 (Lulu's Fashion Lounge Holdings, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and Company, the Acquired Businesses their respective Subsidiaries (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 or prior to the Closing Date.

Appears in 1 contract

Samples: Bridge Credit Agreement (GateHouse Media, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties Borrower and their its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.17.05) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.Date.1

Appears in 1 contract

Samples: Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.1) shall be repaid in full and all security interests and Liens related thereto (other than Liens on the Safeco Corporation Stock pursuant to the Forward Transaction to the extent the Forward Transaction is not terminated on or before the Closing Date) shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Fisher Communications Inc)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.17.1) 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 (Horizon Lines, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties (excluding a portion of the Existing Hedging Agreement and their Subsidiaries (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 or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Intermagnetics General Corp)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or prior to the Closing Date, other than Indebtedness and Liens permitted by Sections 6.1 and 6.2.

Appears in 1 contract

Samples: Joinder Agreement (Novation Companies, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.1) shall be repaid in full and all security interests related thereto (other than Permitted Liens) shall be terminated on or prior to the Closing ClosingAmendment No. 4 Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Mednax, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (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 or prior to the Closing Date, including, without limitation, the Repurchase Facility and the Revolving Loan Facility.

Appears in 1 contract

Samples: Credit Agreement (CapLease, Inc.)

Existing Indebtedness of the Credit Parties. All of the existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 6.18.1) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Dateterminated.

Appears in 1 contract

Samples: Credit Agreement (Citizens, Inc.)

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