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

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

Appears in 1 contract

Samples: Credit Agreement (Questar Market Resources Inc)

AutoNDA by SimpleDocs

Payment in Full on Senior Indebtedness. For purposes of this Subordinated Promissory NoteAgreement, the Senior Indebtedness shall not be deemed to have been paid in full until the Senior Lenders shall have received full payment of the Senior Indebtedness in cash, all Letters of Credit shall have terminated and all Commitments of the Senior Lenders under the Credit Agreements Agreement shall have irrevocably terminated.. Exh F -- 4 Form of Subordination Agreement

Appears in 1 contract

Samples: Credit Agreement (Enbridge Energy Partners Lp)

Payment in Full on Senior Indebtedness. For purposes of this Subordinated Promissory NoteAgreement, the Senior Indebtedness shall not be deemed to have been paid in full until the Senior Lenders shall have received full payment of the Senior Indebtedness in cash, all Letters of Credit shall have terminated and all Commitments of the Senior Lenders under the 364-Day Credit Agreements Agreement shall have irrevocably terminated.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Enbridge Energy Partners Lp)

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

Appears in 1 contract

Samples: Term Loan Credit Agreement (Questar Market Resources Inc)

AutoNDA by SimpleDocs

Payment in Full on Senior Indebtedness. For purposes of this Subordinated Promissory NoteAgreement, the Senior Indebtedness shall not be deemed to have been paid in full until the Senior Lenders shall have received full payment of the Senior Indebtedness in cash, all Letters of Credit shall have terminated and all Commitments of the Senior Lenders under the Credit Agreements Agreement shall have irrevocably terminated.. Exh E β€” 4 Form of Subordination Agreement

Appears in 1 contract

Samples: Credit Agreement (Enbridge Energy Partners Lp)

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

Appears in 1 contract

Samples: Assignment and Assumption (Questar Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.