Common use of Existing Indebtedness to Remain Outstanding Clause in Contracts

Existing Indebtedness to Remain Outstanding. Administrative Agent shall have received an Officer's Certificate of Borrower stating that, after giving effect to the transactions described in this subsection 4.1L, the Indebtedness of Loan Parties (other than Indebtedness under the Loan Documents) shall consist of approximately $216,692,007 in aggregate principal amount of outstanding Indebtedness described in Part I of Schedule 7.1 annexed hereto. The terms and conditions of all such Indebtedness shall be in form and in substance satisfactory to Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Prime Hospitality Corp)

AutoNDA by SimpleDocs

Existing Indebtedness to Remain Outstanding. Administrative ------------------------------------------- Agent shall have received an Officer's Certificate of Borrower Company stating that, after giving effect to the transactions described in this subsection 4.1L4.1F, the Indebtedness of Loan Parties (other than Indebtedness under the Loan DocumentsDocuments and the Subordinated Notes) shall consist of approximately $216,692,007 15,500,000 in aggregate principal amount of outstanding Indebtedness and Capital Leases described in Part I of Schedule 7.1 annexed hereto. The terms and ------------ conditions of all such Indebtedness shall be in form and in substance satisfactory to Administrative AgentAgent and Requisite Lenders.

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

Existing Indebtedness to Remain Outstanding. Administrative Agent shall have received an Officer's ’s Certificate of Borrower stating that, after giving effect to the transactions described in this subsection 4.1L4.1F, the Indebtedness of Loan Parties (other than Indebtedness under the Loan DocumentsDocuments and the Subordinated Notes) shall consist of approximately $216,692,007 10,582,000 in aggregate principal amount of outstanding Indebtedness and Capital Leases described in Part I of Schedule 7.1 annexed hereto. The terms and conditions of all such Indebtedness shall be in form and in substance satisfactory to Administrative AgentAgent and Requisite Lenders.

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

Existing Indebtedness to Remain Outstanding. Administrative Agent shall have received an Officer's Certificate of Borrower Company stating that, after giving effect to the transactions described in this subsection 4.1L4.1N, the Indebtedness of Loan Parties (other than Indebtedness under the Loan DocumentsDocuments and the Senior Notes) shall consist of approximately $216,692,007 10,000,000 in aggregate principal amount of outstanding Indebtedness described in Part I of Schedule 7.1 annexed hereto. The terms and conditions of all such Indebtedness shall be in form and in substance reasonably satisfactory to Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Sunrise Medical Inc)

AutoNDA by SimpleDocs

Existing Indebtedness to Remain Outstanding. Administrative Agent shall have received an Officer's Certificate of Borrower Company stating that, after giving effect to the transactions described in this subsection 4.1L4.1M, the Indebtedness of Loan Parties (other than Indebtedness under the Loan Documents) shall consist of (a) approximately (but in no event more than) $216,692,007 200,000,000 in aggregate principal amount of Company's outstanding 9.00% Senior Subordinated Notes due 2009 and (b) Indebtedness described in Part I of an aggregate amount not to exceed $3,000,000 on Schedule 7.1 annexed hereto. The terms and conditions of all such Indebtedness shall be in form and in substance satisfactory to Administrative Agent.

Appears in 1 contract

Samples: Security Agreement (Ackerley Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.