Common use of Payment In Full and Paid Clause in Contracts

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. Pension Plan shall mean at any time an “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA) (including a “multiple employer plan” as described in Sections 4063 and 4064 of ERISA, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 or Section 430 of the Code and either (i) is sponsored, maintained, contributed to or to which there is an obligation to contribute by any Loan Party or by any member of the ERISA Group or (ii) has at any time within the preceding five years been sponsored, maintained, contributed, or to which there was an obligation to contribute by any Loan Party or by any entity which was at such time a member of the ERISA Group, or in the case of a “multiple employer” or other plan described in Section 4064(a) of ERISA, has made contributions or had an obligation to contribute at any time during the immediately preceding five plan years. Perfection Certificate shall mean a certificate in the form of Exhibit 1.1(P)(4) or any other form approved by the Administrative Agent, as the same shall be supplemented from time to time by a Perfection Certificate Supplement or otherwise. Perfection Certificate Supplement shall mean a certificate supplement in the form of Exhibit 1.1(P)(5) or any other form approved by the Administrative Agent. Permitted Acquisition shall have the meaning specified in Section 8.2.6 [Liquidations, Mergers, Consolidations, Amalgamations, Acquisitions].

Payment In Full and Paid. in Full shall mean (a) the indefeasible payment in full in cash of the Loans and other Obligations hereunder(other than contingent obligations for which no claim has been made), (b) termination of the Commitments Commitments, (c) with respect to all Letters of Credit either (i) expiration or termination thereof or (ii) Cash Collateralization thereof, in accordance with this Agreement, and (d) expiration or termination of any and all Letters of CreditLender Provided Foreign Currency Xxxxxx, Lender Provided Interest Rate Xxxxxx, and Other Lender Provided Financial Service Products in a manner reasonably satisfactory to the Lender or its Affiliate providing those Lender Provided Foreign Currency Xxxxxx, Lender Provided Interest Rate Xxxxxx, and Other Lender Provided Financial Service Products, to the extent required by such Lender or Affiliate. PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. Pension Plan shall mean at any time an “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA) (including a “multiple employer plan” as described in Sections 4063 and 4064 of ERISA, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 or Section 430 of the Code and either (i) is sponsored, maintained, maintained or contributed to or to which there is an obligation to contribute by any Loan Party or by member of the ERISA Group for employees of any member of the ERISA Group or (ii) has at any time within the preceding five years been sponsored, maintained, contributed, maintained or contributed to which there was an obligation to contribute by any Loan Party or by entity which was at such time a member of the ERISA Group for employees of any entity which was at such time a member of the ERISA Group, or in the case of a “multiple employer” or other plan described in Section 4064(a) of ERISA, has made contributions or had an obligation to contribute at any time during the immediately preceding five plan years. Perfection Certificate shall mean a certificate in the form of Exhibit 1.1(P)(4) or any other form approved by the Administrative Agent, as the same shall be supplemented from time to time by a Perfection Certificate Supplement or otherwise. Perfection Certificate Supplement shall mean a certificate supplement in the form of Exhibit 1.1(P)(5) or any other form approved by the Administrative Agent. Permitted Acquisition shall have the meaning specified in Section 8.2.6 [Liquidations, Mergers, Consolidations, Amalgamations, Acquisitions].

Payment In Full and Paid. in Full shall mean the indefeasible payment in full in cash of the Loans and other Obligations hereunderhereunder (other than contingent obligations as to which no claim has been asserted and Obligations under Lender Provided Interest Rate Xxxxxx, Lender Provided Foreign Currency Xxxxxx and Other Lender Provided Financial Services Products), termination of the Commitments and expiration or termination of all Letters of CreditCredit (unless the Letter of Credit Obligations related thereto have been cash collateralized or back-stopped by a letter of credit reasonably satisfactory to the Administrative Agent and the applicable Issuing Lender). PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. Pension Plan shall mean at any time an “"employee pension benefit plan” " (as such term is defined in Section 3(2) of ERISA) (including a “"multiple employer plan” " as described in Sections 4063 and 4064 of ERISA, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 or Section 430 of the Code and either (i) is sponsored, maintained, maintained or contributed to or to which there is an obligation to contribute by any Loan Party or by member of the ERISA Group for employees of any member of the ERISA Group or (ii) has at any time within the preceding five years been sponsored, maintained, contributed, maintained or contributed to which there was an obligation to contribute by any Loan Party or by entity which was at such time a member of the ERISA Group for employees of any entity which was at such time a member of the ERISA Group, or in the case of a “"multiple employer” " or other plan described in Section 4064(a) of ERISA, has made contributions or had an obligation to contribute at any time during the immediately preceding five plan years. Perfection Certificate shall mean a certificate in the form of Exhibit 1.1(P)(4) or any other form approved by the Administrative Agent, as the same shall be supplemented from time to time by a Perfection Certificate Supplement or otherwise. Perfection Certificate Supplement shall mean a certificate supplement in the form of Exhibit 1.1(P)(5) or any other form approved by the Administrative Agent. Permitted Acquisition shall have the meaning specified assigned to such term in Section 8.2.6 8.2.4 [Liquidations, Mergers, Consolidations, Amalgamations, AcquisitionsLoans and Investments].. Permitted Investments shall mean:

Payment In Full and Paid. in Full shall mean the indefeasible payment in full in cash of the Loans and other Obligations hereunderhereunder (except contingent indemnification obligations for which no claim has been made), termination of the Commitments and expiration or termination of all Letters of Credit (or, with respect to any undrawn Letters of Credit, the full Cash Collateralization thereof or the supporting thereof by another letter of credit from an issuing bank on terms reasonably satisfactory to the applicable Issuing Lender and the Administrative Agent). PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. Pension Plan shall mean at any time an “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA) (including a “multiple employer plan” as described in Sections 4063 and 4064 of ERISA, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 or Section 430 of the Code and either (i) is sponsored, maintained, maintained or contributed to or to which there is an obligation to contribute by any Loan Party or by member of the ERISA Group for employees of any member of the ERISA Group or (ii) has at any time within the preceding five years been sponsored, maintained, contributed, maintained or contributed to which there was an obligation to contribute by any Loan Party or by entity which was at such time a member of the ERISA Group for employees of any entity which was at such time a member of the ERISA Group, or in the case of a “multiple employer” or other plan described in Section 4064(a) of ERISA, has made contributions or had an obligation to contribute at any time during the immediately preceding five plan years. Perfection Certificate shall mean the Perfection Certificate in a certificate in the form of Exhibit 1.1(P)(4) or any other form approved by the Administrative Agent, as Agent executed by the same shall be supplemented from time to time by a Loan Parties on the Closing Date and any other Perfection Certificate Supplement or otherwise. Perfection Certificate Supplement shall mean a certificate supplement in the form of Exhibit 1.1(P)(5) or executed by any other form approved by Person who becomes a Loan Party after the Administrative AgentClosing Date. Permitted Acquisition shall have the meaning specified in Section 8.2.6 [Liquidations, Mergers, Consolidations, Amalgamations, Acquisitions].. Permitted Investments shall mean:

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. Pension Plan shall mean at any time an “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA) (including a “multiple employer plan” as described in Sections 4063 and 4064 of ERISA, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 or Section 430 of the Code and either (i) is sponsored, maintained, maintained or contributed to or to which there is an obligation to contribute by any Loan Party or by any member of the ERISA Group or for employees of any member of the ERISA Group or, (ii) has at any time within the preceding five years been sponsored, maintained, contributed, maintained or contributed to which there was an obligation to contribute by any Loan Party or by entity which was at such time a member of the ERISA Group for employees of any entity which was at such time a member of the ERISA Group, or in the case of a “multiple employer” or other plan described in Section 4064(a) of ERISA, has made contributions or had an obligation to contribute at any time during the immediately preceding five plan years(5) plan years. Perfection Certificate shall mean a certificate in , or (iii) to which the form of Exhibit 1.1(P)(4) Borrowers or any other form approved by member of the Administrative Agent, as the same shall be supplemented from time to time by a Perfection Certificate Supplement ERISA Group may have any liability (contingent or otherwise. Perfection Certificate Supplement shall mean a certificate supplement in the form of Exhibit 1.1(P)(5) or any other form approved by the Administrative Agent). Permitted Acquisition shall have the meaning specified in Section 8.2.6 [Liquidations, Mergers, Consolidations, Amalgamations, Acquisitions].. Permitted Investments shall mean:

Payment In Full and Paid. in Full shall mean the indefeasible payment in full in cash of the Loans and other Obligations hereunderhereunder (except contingent indemnification obligations for which no claim has been made), termination of the Commitments and expiration or termination of all Letters of Credit (or, with respect to any undrawn Letters of Credit, the full Cash Collateralization thereof or other arrangements with respect thereto satisfactory to the Issuing Lender). PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. Pension Plan shall mean at any time an “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA) (including a “multiple employer plan” as described in Sections 4063 and 4064 of ERISA, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 or Section 430 of the Code and either (ia) is sponsored, maintained, maintained or contributed to or to which there is an obligation to contribute by any Loan Party or by any member of the ERISA Group or for employees of any member of the ERISA Group, (iib) has at any time within the preceding five years been sponsored, maintained, contributed, maintained or contributed to which there was an obligation to contribute by any Loan Party or by entity which was at such time a member of the ERISA Group for employees of any entity which was at such time a member of the ERISA Group, or in the case of a “multiple employer” or other plan described in Section 4064(a) of ERISA, has made contributions or had an obligation to contribute at any time during the immediately preceding five plan years. Perfection Certificate shall mean a certificate in the form of Exhibit 1.1(P)(4years or (c) or to which the Borrower or any other form approved by member of the Administrative Agent, as the same shall be supplemented from time to time by a Perfection Certificate Supplement ERISA Group may have any liability (contingent or otherwise. Perfection Certificate Supplement shall mean a certificate supplement in the form of Exhibit 1.1(P)(5) or any other form approved by the Administrative Agent). Permitted Acquisition shall have the meaning specified in Section 8.2.6 [Liquidations, Mergers, Consolidations, Amalgamations, Acquisitions]. Permitted Distributions shall mean dividends or other distributions permitted under Section 8.2.5 [Dividends and Related Distributions].