INDEBTEDNESS PAYMENT AND CERTAIN CLOSING DELIVERIES Sample Clauses

INDEBTEDNESS PAYMENT AND CERTAIN CLOSING DELIVERIES. (a) For purposes of this Agreement, "Indebtedness Payment" shall mean an amount equal to, as of the Closing Date, the outstanding principal of, accrued and unpaid interest on, any prepayment penalties or premiums on, and any other amounts payable with respect to, all indebtedness of Safelite and its subsidiaries under the Credit Agreement, dated as of August 11, 1994, among Chase, as agent, and the financial institutions party thereto, as amended (the "Credit Agreement"), but not including any undrawn amounts under outstanding letters of credit. Immediately after the Effective Time, the Surviving Corporation shall pay to Chase (for the benefit of the financial institutions party to the Credit Agreement), by wire transfer of immediately available funds, an amount in cash equal to the Indebtedness Payment.
Sample 1
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INDEBTEDNESS PAYMENT AND CERTAIN CLOSING DELIVERIES. (a) At the Closing, Buyer shall contribute to the Company, by wire transfer of immediately available funds, cash in an amount equal to the Indebtedness Payment, and the Representatives shall cause the Company (or a Subsidiary) to (i) pay to Chase (for the benefit of the financial institutions party to the Credit Agreement), by wire transfer of immediately available funds, an amount in cash equal to the Bank Indebtedness Payment, and (ii) pay to the Representatives (for the benefit of the holders of the Subordinated Debentures), by wire transfer of immediately available funds, an amount in cash equal to the Debenture Indebtedness Payment. At the Closing, Sellers shall deliver to Buyer written statements from Chase and the holders of the Subordinated Debentures (or their representatives) stating the amount due, as of the Closing Date, for the Bank Indebtedness Payment and the Debenture Indebtedness Payment, respectively.
Sample 1

Related to INDEBTEDNESS PAYMENT AND CERTAIN CLOSING DELIVERIES

  • Post-Closing Deliveries (a) The Borrower hereby agrees to deliver, or cause to be delivered, to the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent, the items described on Schedule 5.15 hereof on or before the dates specified with respect to such items, or such later dates as may be agreed to by, or as may be waived by, the Administrative Agent in its sole discretion.

  • Additional Closing Deliveries At each Closing, the Company shall deliver or cause to be delivered to the Investor the following (the“Company Deliverables”):

  • Seller’s Closing Obligations At Closing, Seller shall deliver to Buyer the following:

  • Closing Deliveries (a) On or prior to the Closing, the Company shall issue, deliver or cause to be delivered to each Purchaser the following (the “Company Deliverables”):

  • Purchaser’s Closing Obligations Purchaser, at its sole cost and expense, shall deliver or cause to be delivered to Seller at Closing the following:

  • Purchaser’s Closing Deliveries At the Closing, the Purchaser shall deliver or cause to be delivered to the Vendor the following documents and payments:

  • Buyer's Closing Obligations At the Closing, Buyer shall:

  • Seller’s Closing Deliveries At the Closing, Seller shall deliver or cause to be delivered the following:

  • Closing Closing Deliveries (a) The consummation of the transactions contemplated by this Agreement (the “Closing”) will take place on the Closing Date

  • Company Closing Deliveries At the Closing, the Company shall deliver, or cause to be delivered, to the Purchaser the following:

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