Post-Closing Conditions. (a) Within 30 days after the Closing Date, provide the Bank with evidence that ACE (i) has terminated the unused “Commitments” under and as defined in the Existing FAL Facility Agreement, (ii) has paid all amounts then payable thereunder and (iii) has caused all letters of credit issued thereunder (except to the extent any such letters of credit will continue to be maintained by a financial institution (other than the Bank) acting in its individual capacity) to be replaced.
Appears in 5 contracts
Samples: Facility Agreement, Facility Agreement (ACE LTD), Facility Agreement (ACE LTD)
