Common use of Outstanding Facility Clause in Contracts

Outstanding Facility. Each of (i) the Borrowers’ $1,750,000 364-Day Credit Agreement, dated as of May 31, 2001 and (ii) Dominion Resources, Inc. $300,000,000 Credit Agreement, dated as of April 3, 1996, shall have been terminated and all amounts owing thereunder shall have been paid in full.