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

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 40 contracts

Samples: Credit Agreement (Bowman Consulting Group Ltd.), Credit Agreement (Powell Industries Inc), Credit Agreement (Enfusion, Inc.)

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Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Company and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (Radiant Logistics, Inc), Credit Agreement (Hurco Companies Inc), Credit Agreement (Hurco Companies Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.027.03) shall be repaid in full and all security interests related thereto shall be terminated and released on or prior to the Closing Date, which shall be evidenced by a payoff letter in form and substance satisfactory to the Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (Armstrong Flooring, Inc.), Credit Agreement (Armstrong Flooring, Inc.), Credit Agreement (Armstrong Flooring, Inc.)

Existing Indebtedness of the Loan Parties. All Prior to, or substantially concurrently with the initial extension of credit hereunder, all of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto (other than security interests related to Indebtedness under the Existing Credit Agreement) shall be terminated on or prior to the Closing Date.

Appears in 4 contracts

Samples: Credit Agreement (Digital Turbine, Inc.), Credit Agreement (Digital Turbine, Inc.), Credit Agreement (Digital Turbine, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Company and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) owing under the Existing Credit Agreement shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Effective Date.

Appears in 3 contracts

Samples: Credit Agreement (Heidrick & Struggles International Inc), Credit Agreement (Heidrick & Struggles International Inc), Credit Agreement (Heidrick & Struggles International Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Loan Parties and its their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) 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, Credit Agreement (Houlihan Lokey, Inc.), Credit Agreement (Houlihan Lokey, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Loan Parties and its their respective Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated terminated, in each case, on or prior to the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Resources Connection Inc), Credit Agreement (Resources Connection Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries Loan Parties (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (B. Riley Financial, Inc.), Credit Agreement (KVH Industries Inc \De\)

Existing Indebtedness of the Loan Parties. All of The Indebtedness under the Existing Credit Agreement and all other existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.027.2) 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 (Inseego Corp.), Credit Agreement (Inseego Corp.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries Loan Party Group Companies (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (Tilray Brands, Inc.), Credit Agreement (Tilray Brands, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Holdings and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (nCino, Inc.), Credit Agreement (Jamba, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (RigNet, Inc.), Credit Agreement (RigNet, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Parent and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (Hecla Mining Co/De/), Credit Agreement (Hecla Mining Co/De/)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money Borrowed Money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) under the Existing Credit Agreement shall be repaid in full and all the commitments under and security interests related thereto shall be terminated on or prior to the Closing DateExisting Credit Agreement shall have been canceled or terminated.

Appears in 2 contracts

Samples: Credit Agreement (Duluth Holdings Inc.), Credit Agreement (Duluth Holdings Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.027.01) 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 (Pool Corp), Credit Agreement (Pool Corp)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the each Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (Movado Group Inc), Credit Agreement (Chase Corp)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Company and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) ), including the Existing Credit Agreement, shall be repaid in full and terminated and all security interests interests, if any, related thereto shall be terminated on or prior to the Closing Date.

Appears in 2 contracts

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

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Loan Parties and its their respective Restricted Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (Aerojet Rocketdyne Holdings, Inc.), Credit Agreement (Ducommun Inc /De/)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Loan Parties and its their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02, but including, without limitation, the Existing Credit Agreements) 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 (Zeta Global Holdings Corp.), Credit Agreement (Zeta Global Holdings Corp.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Company and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.. 84

Appears in 1 contract

Samples: Credit Agreement (Radiant Logistics, Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of Holdings, the Borrower and its their respective Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (Higher One Holdings, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Loan Parties and its their Restricted Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (ONESPAWORLD HOLDINGS LTD)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Loan Parties and its their respective Subsidiaries (including Indebtedness arising in connection with the Existing Credit Agreement, but other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full full, and all commitments and security interests related thereto shall be terminated on or prior to the Closing Date.. (l)

Appears in 1 contract

Samples: Credit Agreement (Houlihan Lokey, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than including all Indebtedness outstanding under the Existing Credit Agreement, but excluding Indebtedness permitted to exist pursuant to Section 7.02) 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 (Zynga Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Loan Parties and its their respective Subsidiaries (including Indebtedness arising in connection with the Existing Credit Agreement, but other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full full, and all commitments and security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Houlihan Lokey, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (Subsidiaries, other than Indebtedness permitted to exist pursuant to Section 7.02) , shall be repaid in full and all commitments, all guarantees and, subject to Section 6.19(a), all security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Mission Produce, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Company and its Subsidiaries (including Indebtedness under the Existing Credit Agreement, but other than Indebtedness permitted to exist pursuant to Section 7.02) 7.01), shall be repaid in full on or prior to the Closing Date, and all commitments, all guarantees and all security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Meet Group, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness (including the Existing Credit Agreement) for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.027.03) 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 (Apogee Enterprises, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the each Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) ), including the term loans made pursuant to the Existing Credit Agreement, shall be repaid in full and all security interests related thereto in favor of Persons other than the Administrative Agent for the benefit of the Lenders shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Chase Corp)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to substantially concurrently with the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Anika Therapeutics, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the each Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) ), including the term loans made pursuant to the Existing Credit Agreement, shall be repaid in full and all security interests related thereto in favor of Persons other than the Administrative Agent for the benefit of the Lenders shall be terminated on or prior to the Closing Date.. 77

Appears in 1 contract

Samples: Credit Agreement (Chase Corp)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.029.1) shall be repaid in full and all guarantees and security interests related thereto shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Assignment and Assumption (Gulf Island Fabrication Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date, including the Existing Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Raven Industries Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) ), including, for the avoidance of doubt, under the Existing Credit 76 Agreement, 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 (Evi Industries, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness (including, without limitation under the Existing Credit Agreements) for borrowed money of the Borrower Company and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be be, or contemporaneously with the initial Credit Extension hereunder will 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 (Checkpoint Systems Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (Subsidiaries, other than Indebtedness permitted to exist pursuant to Section 7.02) , shall be repaid in full and all commitments, all guarantees and, subject to Section 6.19(a), all security interests related thereto shall be terminated on or prior to the Closing Date.. (o)

Appears in 1 contract

Samples: Credit Agreement (Mission Produce, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Company and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.. (l)

Appears in 1 contract

Samples: Credit Agreement (Harmonic Inc)

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Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Reading International Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Funding Date.

Appears in 1 contract

Samples: Credit Agreement (PureCycle Technologies, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date. Prior to, or substantially concurrently with the initial extension of credit hereunder, all Indebtedness under the Existing Credit Agreement shall have been repaid in full and terminated and all security interests and guarantees in connection therewith shall be terminated and released.

Appears in 1 contract

Samples: Credit Agreement (Digital Turbine, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Loan Parties and its Subsidiaries their respective Subsidiaries, including, without limitation, Indebtedness arising under the Existing Credit Agreements (other than but excluding Indebtedness permitted to exist pursuant to Section 7.02) ), 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 (Amedisys Inc)

Existing Indebtedness of the Loan Parties. All The Existing Credit Agreement and all other of the existing Indebtedness for borrowed money of the Borrower Borrowers and its their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on concurrently with or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (1847 Goedeker Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries Subsidiaries, including the Existing Credit Agreement (other than Indebtedness permitted to exist pursuant to Section 7.02) 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 (Solarcity Corp)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness Indebtedness, if any, for borrowed money of the Borrower Loan Parties and its their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full full, and all Liens and other security interests related thereto upon any of the property of the Loan Parties (and the Vintage Stock Acquisition) or any of their Subsidiaries securing Indebtedness of the Sellers shall be terminated on or prior to contemporaneous with the Closing Date.;

Appears in 1 contract

Samples: Term Loan Agreement (LIVE VENTURES Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated (or authorization to terminate such security interests shall have been given) on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Forest Road Acquisition Corp.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist 4824-8983-8000 v.10 pursuant to Section 7.02) 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 (RigNet, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Holdings and its Subsidiaries (including Indebtedness under the Existing Credit Agreement) (other than than, in each case, Indebtedness permitted to exist pursuant to Section 7.02) ), shall be be, contemporaneously with the initial Credit Extension hereunder, 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 (El Pollo Loco Holdings, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Holdings and its Subsidiaries (including Indebtedness under the Existing Credit Agreement) (other than than, in each case, Indebtedness permitted to exist pursuant to Section 7.02) ), shall be be, contemporaneously with the initial Credit Extension hereunder, 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 (El Pollo Loco Holdings, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness Existing indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.027.03) 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 (TrueBlue, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than excluding Indebtedness permitted to exist pursuant to Section 7.02, but including, without limitation, the Existing Credit Agreements) shall be repaid in full and all security interests related thereto shall be terminated on simultaneously with or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Paycom Software, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) ), if any, 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 (DocGo Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) ), including, for the avoidance of doubt, under the Existing Credit Agreement, 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 (EnviroStar, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than including Indebtedness under the Existing Credit Agreement but excluding Indebtedness permitted to exist pursuant to Section 7.02) shall be (or substantially concurrently with the initial borrowing will be) repaid in full full, and all security interests related thereto securing the same shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Corsair Gaming, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower Loan Parties and its their Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02, but including, without limitation, the Existing Credit Agreement) 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 (Zeta Global Holdings Corp.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto (other than with respect to the Existing Letters of Credit) shall be terminated on or prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Calix, Inc)

Existing Indebtedness of the Loan Parties. All of the The Existing Credit Agreement and any other existing Indebtedness indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.027.03) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.. (c)

Appears in 1 contract

Samples: Credit Agreement (TrueBlue, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.027.2) 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 (Teligent, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries Loan Parties (other than Indebtedness permitted to exist pursuant to Section 7.027.03) 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 (Lydall Inc /De/)

Existing Indebtedness of the Loan Parties. (i) All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all Liens and other security interests related thereto shall be terminated on or prior to the Closing Date.. (ii) All amounts required to be repaid on the Closing Date pursuant to Section 11.22 with respect to the Existing Credit Agreement shall be repaid in full. (k)

Appears in 1 contract

Samples: Credit Agreement (Alamo Group Inc)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries Provider Companies (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Spark Energy, Inc.)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02hereunder) 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 (Intl Fcstone Inc.)

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