Common use of Payment in Full on Senior Indebtedness Clause in Contracts

Payment in Full on Senior Indebtedness. For purposes of this Agreement, the Senior Indebtedness shall not be deemed to have been paid in full until the Discharge of Senior Indebtedness shall have occurred.

Appears in 9 contracts

Samples: Subordination Agreement, Credit Agreement, Subordination Agreement (Midcoast Energy Partners, L.P.)

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Payment in Full on Senior Indebtedness. For purposes of this Agreement, the Senior Indebtedness shall not be deemed to have been paid in full until the Discharge Senior Lenders shall have received full payment of the Senior Indebtedness in cash, all Letters of Credit shall have occurredterminated and all Commitments of the Senior Lenders under the Credit Agreement shall have irrevocably terminated.

Appears in 4 contracts

Samples: Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Enbridge Energy Partners Lp)

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Payment in Full on Senior Indebtedness. For purposes of this Agreement, the Senior Indebtedness shall not be deemed to have been paid in full until the Discharge Senior Lender shall have received full payment of the Senior Indebtedness in cash and all Commitments of the Senior Lender under the Credit Agreement shall have occurredirrevocably terminated.

Appears in 3 contracts

Samples: Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Enbridge Energy Partners Lp), Contribution Agreement (Enbridge Energy Partners Lp)

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