Common use of Payment of Outstanding Indebtedness Clause in Contracts

Payment of Outstanding Indebtedness. (a) On the Closing Date, the Loan Parties and each of their respective Subsidiaries shall have no outstanding Indebtedness other than the Loans and the Indebtedness, if any, listed on Schedule 7.25 or otherwise permitted by Section 9.01, and the Administrative Agent shall have received copies of all documentation and instruments evidencing the discharge of any Indebtedness paid off in connection with the Transactions.

Appears in 2 contracts

Samples: Loan Agreement (Mimedx Group, Inc.), Loan Agreement (Mimedx Group, Inc.)

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Payment of Outstanding Indebtedness. (a) On the Closing Date, the Loan Parties and each of their respective Subsidiaries shall have no outstanding Indebtedness other than the Loans and the Indebtedness, if any, listed on Schedule 7.25 5.13 or otherwise permitted by Section 9.01, and the Administrative Agent shall have received copies of all documentation and instruments a customary payoff letter evidencing the discharge of any all Indebtedness paid off in connection with the Transactions.. 84

Appears in 2 contracts

Samples: Loan Agreement (Spark Networks SE), Loan Agreement (Spark Networks SE)

Payment of Outstanding Indebtedness. (a) On the Closing Date, the Loan Parties and each of their respective Subsidiaries shall have no outstanding Indebtedness other than the Loans and the Indebtedness, if any, listed on Schedule 7.25 5.13 or otherwise permitted by Section 9.01, and the Administrative Agent shall have received copies of all documentation and instruments a customary payoff letter evidencing the discharge of any all Indebtedness paid off in connection with the Transactions.

Appears in 1 contract

Samples: Loan Agreement (Spark Networks SE)

Payment of Outstanding Indebtedness. (a) On the Closing Date, the Loan Parties and each of their respective Subsidiaries shall have no outstanding Indebtedness other than the Term Loans and the Indebtedness, if any, listed on Schedule 7.25 or otherwise permitted by Section 9.01, and the Administrative Agent shall have received copies of all documentation and instruments evidencing the discharge of any all Indebtedness paid off in connection with the Transactions.

Appears in 1 contract

Samples: Loan Agreement (Capital Park Holdings Corp.)

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Payment of Outstanding Indebtedness. (aA) On the Closing Date, the Loan Credit Parties and each of their respective Subsidiaries shall have no outstanding Indebtedness for borrowed money other than the Loans hereunder and the Indebtedness, Indebtedness (if any, ) listed on Schedule 7.25 or otherwise permitted by Section 9.017.24, and the Administrative Agent shall have received copies of all documentation and instruments evidencing the discharge of any all such Indebtedness paid off in connection with the Transactions.DB1/ 110631747.4 64 DMSLIBRARY01\28390\059001\36918934.v2-5/20/20

Appears in 1 contract

Samples: Credit Agreement (Evolent Health, Inc.)

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