Payment of Existing Indebtedness. The Agent shall be satisfied that all Existing Indebtedness, other than Surviving Indebtedness, has been prepaid, redeemed or defeased in full or otherwise satisfied and extinguished and all commitments relating thereto terminated.
Appears in 2 contracts
Samples: Loan Agreement (Capmark Finance Inc.), Bridge Loan Agreement (Capmark Financial Group Inc.)
Payment of Existing Indebtedness. The Agent shall be satisfied that all Existing Indebtedness, other than Surviving Indebtedness, has been prepaid, redeemed or defeased in full or otherwise satisfied and extinguished and all commitments relating thereto terminated. The Agent shall notify the Company and each Lender promptly after the satisfaction of the foregoing conditions.
Appears in 2 contracts
Samples: Credit Agreement (Capmark Financial Group Inc.), Credit Agreement (Capmark Finance Inc.)
