Common use of Payment In Full and Paid Clause in Contracts

Payment In Full and Paid. in Full means the indefeasible payment in full in cash of the Loans and other Obligations hereunder (other than contingent indemnification obligations which by their terms survive the termination of the Commitments and payment of the Loans), termination of the Commitments and expiration, termination or cash collateralization (in accordance with the terms of this Agreement) of all Letters of Credit.

Appears in 4 contracts

Samples: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.)

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Payment In Full and Paid. in In Full means shall mean the indefeasible payment in full in cash of the Loans and other Obligations hereunder (other than contingent indemnification obligations which by their terms survive the termination of the Commitments and payment of the Loans)hereunder, termination of the Commitments and expiration, expiration or termination or cash collateralization (in accordance with the terms of this Agreement) of all Letters of Credit.. Payment Recipient shall have the meaning specified in Section 10.11

Appears in 1 contract

Samples: Credit Agreement (Dayton Power & Light Co)

Payment In Full and Paid. in Full means shall mean the indefeasible payment in full in cash of the Loans and other Obligations hereunder (other than contingent indemnification obligations which by their terms survive the termination of the Commitments and payment of the Loans)hereunder, termination of the Commitments and expiration, expiration or termination of all Letters of Credit or cash collateralization (in accordance with the terms of this Agreement) of all Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (RPM International Inc/De/)

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Payment In Full and Paid. in Full means shall mean the indefeasible payment in full in cash or immediately available funds of the Loans and other Secured Obligations hereunder (other than contingent reimbursement or indemnification obligations for which by their terms survive the termination of the Commitments and payment of the Loansno claim has been made), termination of the Commitments and expiration, expiration or termination or cash collateralization (in accordance with the terms of this Agreement) of all Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Cloud Peak Energy Inc.)

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