Common use of Payment In Full and Paid Clause in Contracts

Payment In Full and Paid. in Full shall mean the payment in full in cash of the Loans and other Obligations hereunder, termination of the Commitments and expiration or termination of all Letters of Credit. PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. Permitted Acquisitions shall have the meaning specified in Section 8.2.5 [Liquidations, Mergers, Consolidations, Acquisitions].

Appears in 2 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Revolving Credit Facility (New Jersey Resources Corp)

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Payment In Full and Paid. in Full shall mean the indefeasible payment in full in cash of the Loans and other Obligations hereunder, termination of the Commitments and expiration or termination of all Letters of Credit. PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. Permitted Acquisitions shall have the meaning specified assigned to such term in Section 8.2.5 8.2.6 [Liquidations, Mergers, Consolidations, AcquisitionsEtc.].

Appears in 2 contracts

Samples: Credit Agreement (Ii-Vi Inc), Credit Agreement (Ii-Vi Inc)

Payment In Full and Paid. in Full shall mean the indefeasible payment in full in cash of the Loans and other Obligations hereunder, termination of the Commitments and expiration or termination of all Letters of Credit. PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. Permitted Acquisitions shall have the meaning specified in Section 8.2.5 8.2.6 [Liquidations, Mergers, Consolidations, Acquisitions].. Permitted Investments shall mean:

Appears in 2 contracts

Samples: Credit Agreement (Armstrong Coal Company, Inc.), Credit Agreement (Armstrong Energy, Inc.)

Payment In Full and Paid. in Full shall mean the indefeasible payment in full in cash of the Loans and other Obligations hereunder, termination of the Commitments and expiration or termination of all Letters of Credit. PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. Permitted Acquisitions shall have the meaning specified in Section 8.2.5 [Liquidations, Mergers, Consolidations, Acquisitions].

Appears in 1 contract

Samples: Credit Agreement (Ii-Vi Inc)

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Payment In Full and Paid. in In Full shall mean the indefeasible payment in full in cash of the Loans and other Obligations hereunder, termination of the Commitments and expiration or termination of all Letters of Credit. PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. Permitted Acquisitions Acquisition shall have the meaning specified assigned to such term in Section 8.2.5 [Liquidations, Mergers, Consolidations, Acquisitions].8.2.6. Permitted Investments shall mean:

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc)

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