Payoff and Lien Release. The Borrower’s existing credit facility under the Prior Credit Agreement has been terminated and all liens granted in connection therewith have been released.
Payoff and Lien Release. A payoff letter or other evidence satisfactory to Lender that Borrower has paid off all existing secured indebtedness and evidence of the termination of all Liens related thereto; and
Payoff and Lien Release. The Borrower’s existing credit facility under the Credit Agreement dated as of October 8, 2008, as amended or otherwise modified, among the Borrower, the Parent, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, has been terminated and all liens granted in connection therewith have been released.
Payoff and Lien Release. The Parent Entities shall have received payoff letters, in form and substance reasonably satisfactory to the Parent Entities with respect to (i) the Existing Credit Facility, (ii) the First Solar Note, and (iii) all other indebtedness for borrowed money of any Partnership Group Entities or other Indebtedness secured by any Lien on any equity interest or asset held by any of the Partnership Group Entities (other than Permitted Liens), if any, that in each case set forth the total amount necessary to repay such indebtedness in full and, upon such repayment, authorize the Parent Entities to file any UCC-3 termination statements, mortgage releases or similar documents evidencing termination or release of any such Liens securing such indebtedness.
Payoff and Lien Release. A fully executed copy of a payoff letter, in form and substance reasonably acceptable to the Administrative Agent, evidencing repayment in full of the Borrower’s credit facility with Sumitomo Mitsui Banking Corporation and release of any Liens granted pursuant thereto.
