Payment of Outstanding Indebtedness. (A) On the Closing Date, the Credit Parties and each of their respective Subsidiaries shall have no outstanding Indebtedness other than the Loans hereunder and the Indebtedness (if any) listed on Schedule 7.24, and the Administrative Agent shall have received copies of all documentation and instruments evidencing the discharge of all Indebtedness paid off in connection with the Transactions on the Closing Date, and (B) all Liens (other than Permitted Liens) securing payment of any such Indebtedness shall have been released and the Administrative Agent shall have received pay-off letters and all form UCC-3 termination statements and other instruments as may be reasonably requested by Administrative Agent in connection therewith. The terms, maturity and subordination of any indebtedness listed on Schedule 7.24 shall be satisfactory to the Administrative Agent.
Payment of Outstanding Indebtedness. (i) On the Closing Date, the Credit Parties and each of their respective Subsidiaries shall have no outstanding Indebtedness other than the Loans hereunder and the Indebtedness (if any) listed on Schedule 7.24 or otherwise permitted by Section 9.01, and Administrative Agent shall have received copies of all documentation and instruments evidencing the discharge of all Indebtedness paid off in connection with the Transactions and the transactions contemplated by this Agreement, and (ii) all Liens (other than Permitted Liens) securing payment of any such Indebtedness shall have been released and Administrative Agent shall have received pay-off letters, all form UCC-3 and PPSA termination statements, all releases or terminations of intellectual property security agreements and other instruments as may be reasonably requested by Administrative Agent in connection therewith.
Payment of Outstanding Indebtedness. All outstanding ----------------------------------- Indebtedness of the Company or any of its Subsidiaries for borrowed money or Guarantee Obligations in respect thereof (other than the Indebtedness described in Section 7.2(e) and the capital lease with respect to the Borrower's principal manufacturing facility, all of which shall be permitted to remain outstanding after the Closing Date) shall be paid off in full on terms reasonably satisfactory to the Administrative Agent on or prior to the Closing Date.
Payment of Outstanding Indebtedness. (i) On the ClosingThird Amendment Initial Funding Date, the Credit Parties and each of their respective Subsidiaries shall have no outstanding Indebtedness other than the Loans hereunder and the Indebtedness (if any) listed on Schedule
Payment of Outstanding Indebtedness. The Administrative Agent shall have received satisfactory evidence that the Companies shall have no outstanding Indebtedness after giving effect to the Closing Date and the use of proceeds from the Term Loans (other than the Term Loans and Existing Indebtedness to the extent permitted by Section 6.01) and that there shall be no Liens upon any assets of the Companies other than Permitted Liens.
Payment of Outstanding Indebtedness. Etc. All Indebtedness identified in Schedule 8.2(b). together with all interest, all prepayment premiums and all other amounts due and payable with respect thereto, shall have been paid in full from the proceeds of the Loan and the commitments in respect of such Indebtedness shall have been terminated, and all Liens securing payment of any such Indebtedness shall have been released and the Lender shall have received all Uniform Commercial Code Form UCC-3 termination statements or other instruments (including customary payoff letters) as may be suitable or appropriate in connection therewith.
Payment of Outstanding Indebtedness. The Company shall have received evidence reasonably satisfactory to the Company of the payoff, concurrently with the Closing, of all principal and interest outstanding under the Credit Agreement, and of the completion of the Debt Tender Offer to the extent made at Purchaser’s request and scheduled to be consummated on the Closing Date in accordance with the terms thereof.
Payment of Outstanding Indebtedness. The Sellers or, to the extent the Sellers shall have provided the Company with the necessary funds, the Company shall have paid in full the amounts contemplated by Section 2.02(c).
Payment of Outstanding Indebtedness. (i) On the Closing Date, the Credit Parties and each of their respective Subsidiaries shall have no outstanding Indebtedness other than the Loans hereunder and as otherwise permitted pursuant to Section 9.01, and the Agent shall have received copies of all documentation and instruments evidencing the discharge of all Indebtedness paid off in connection with the Transactions, including the Existing Target Debt Agreements, and (ii) all Liens (other than Permitted Liens) securing payment of any such Indebtedness shall have been released, and the Agent shall have received payoff letters, UCC-3 termination statements and such other instruments of satisfaction and release as may be reasonably requested by the Agent in connection therewith, in each case in form and substance reasonably satisfactory to the Agent.
Payment of Outstanding Indebtedness. With respect to any outstanding Indebtedness (other than Payoff Indebtedness) of the Business or Seller, Seller Parties shall pay off such Indebtedness within one hundred twenty (120) days of the Closing Date.
