Common use of Indebtedness to be Paid Clause in Contracts

Indebtedness to be Paid. The Administrative Agent and each Lender shall have received satisfactory evidence that all loans outstanding under, and all other amounts due in respect of, the Collateral shall have been repaid in full (or satisfactory arrangements made for such repayment) and the commitments thereunder shall have been permanently terminated.

Appears in 3 contracts

Samples: Term Loan Agreement (CAI International, Inc.), Credit Agreement (SeaCube Container Leasing Ltd.), Credit Agreement (SeaCube Container Leasing Ltd.)

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Indebtedness to be Paid. The Administrative Each Agent and each Lender shall have received satisfactory evidence that all loans outstanding under, and all other amounts due in respect of, the Collateral shall have been repaid in full (or satisfactory arrangements made for such repayment) and the commitments thereunder shall have been permanently terminated.

Appears in 1 contract

Samples: Credit Agreement (CAI International, Inc.)

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Indebtedness to be Paid. The Administrative Agent and each Lender shall have received satisfactory evidence that all loans outstanding under, and all other amounts due in respect of, the Collateral shall have been repaid in full (or satisfactory arrangements made for such repayment) and the commitments thereunder shall have been permanently terminated.

Appears in 1 contract

Samples: Credit Agreement (Seacastle Inc.)

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