Common use of Original Credit Agreement Clause in Contracts

Original Credit Agreement. On the Restatement Effective Date and concurrently with the initial borrowing hereunder, the Borrower shall have (i) repaid in full the outstanding principal amount of all Loans under, and as defined in, the Original Credit Agreement, (ii) terminated all letters of credit issued thereunder (other than Existing Letters of Credit) and (iii) paid all accrued but unpaid interest and fees under the Original Credit Agreement, whether or not otherwise then due and payable.

Appears in 1 contract

Samples: Credit Agreement (Hosiery Corp of America Inc)

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Original Credit Agreement. On the Restatement Effective Date and concurrently with the initial borrowing hereunder, the Borrower Company shall have (i) repaid in full the outstanding principal amount of all Loans under, under and as defined in, in the Original Credit Agreement, (ii) terminated all letters of credit issued thereunder (other than Existing Letters of Credit) and (iii) paid all accrued but unpaid interest and fees under the Original Credit Agreement, whether or not otherwise then due and payable.

Appears in 1 contract

Samples: Credit Agreement (Reltec Corp)

Original Credit Agreement. On the Restatement Effective Date and concurrently with the initial borrowing hereunder, the Borrower shall have (i) repaid in full the outstanding principal amount of all Loans under, and as defined in, the Original Credit Agreement, (ii) terminated all letters of credit issued thereunder (other than Existing Letters of Credit) and (iii) paid all accrued but unpaid interest interest, costs (including pursuant to Section 1.11 thereof) and fees under the Original Credit Agreement, whether or not otherwise then due and payable.

Appears in 1 contract

Samples: Acquisition Credit Agreement (Universal Outdoor Inc)

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Original Credit Agreement. On the Restatement Effective Date and concurrently with the initial any borrowing hereunder, on such date, the Borrower shall have (i) repaid in full the outstanding principal amount of all Loans under, and as defined in, the Original Credit Agreementoutstanding thereunder, (ii) terminated all letters of credit issued thereunder (other than the Existing Letters of Credit) and (iii) paid all accrued but unpaid interest interest, costs (including pursuant to Section 1.11 thereof) and fees under the Original Credit Agreement, whether or not otherwise then due and payable.

Appears in 1 contract

Samples: Revolving Credit Agreement (Universal Outdoor Holdings Inc)

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