Common use of Holdings Covenants Clause in Contracts

Holdings Covenants. Holdings covenants and agrees with each Lender that, so long as this Agreement shall remain in effect (other than in respect of contingent indemnification and expense reimbursement obligations for which no claim has been made) and until the Commitments have been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document have been paid in full in cash, and all Letters of Credit have been canceled or have expired, and all amounts drawn thereunder have been reimbursed in full, unless the requisite Lenders shall otherwise consent in writing in accordance with Section 10.08:

Appears in 4 contracts

Samples: Credit Agreement (Verso Corp), Agreement and Plan of Merger (Verso Corp), Assignment and Acceptance Agreement (Verso Corp)

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Holdings Covenants. Holdings covenants and agrees with each Lender that, so long as this Agreement shall remain in effect (other than in respect of contingent indemnification and expense reimbursement obligations for which no claim has been made) and until the Commitments have been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document have been paid in full in cash, and all Letters of Credit have been canceled or have expired, and all amounts drawn thereunder 139 have been reimbursed in full, unless the requisite Lenders shall otherwise consent in writing in accordance with Section 10.08:

Appears in 1 contract

Samples: Credit Agreement (Verso Corp)

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