Refinanced Indebtedness. (i) the Agents shall have received reasonably satisfactory evidence that all loans and other obligations under the Existing Jarden Credit Agreement shall have been repaid in full, (A) the Existing Jarden Credit Agreement and all Loan Documents (as defined therein) shall have been terminated on terms satisfactory to the Arrangers, including the release of all Liens granted to the Existing Jarden Agent pursuant thereto and (B) the Administrative Agent shall have received a payoff letter duly executed and delivered by the Borrower and the Existing Jarden Agent or other evidence of such termination in each case in form and substance reasonably satisfactory to the Agents;
(ii) the Agents shall have received satisfactory evidence that all loans and other obligations under the Existing AHI Credit Agreement shall have been repaid in full, (A) the Existing AHI Credit Agreement and all Loan Documents (as defined therein) shall have been terminated on terms reasonably satisfactory to the Agents, including the release of all Liens granted to the Existing AHI Agent and (B) the Administrative Agent shall have received a payoff letter duly executed and delivered by AHI and the Existing AHI Agent or other evidence of such termination in each case in form and substance reasonably satisfactory to the Agents; and
(iii) the Agents shall have received satisfactory evidence that all loans outstanding under, and all other amounts due in respect of, the Refinanced Indebtedness (other than the Refinanced Indebtedness described in the foregoing clauses (i) and (ii)) specified on Schedule 4.01(d) (Refinanced Indebtedness) shall have been repaid in full (or satisfactory arrangements made for such repayment) and the commitments thereunder shall have been permanently terminated.
Refinanced Indebtedness. As defined in the Specified Senior Secured Credit Agreement.
Refinanced Indebtedness. The Administrative Agent shall have received evidence satisfactory to it that, simultaneously with the making of the initial Revolving Credit Loans, the Refinanced Indebtedness shall have been paid in full, all commitments relating thereto shall have been terminated and all Liens securing the Refinanced Indebtedness shall have been terminated in a manner satisfactory to the Administrative Agent for the benefit of the Lenders.
Refinanced Indebtedness. On the Original Closing Date, the Group shall have (i) repaid, repurchased, retired or redeemed in full all Refinanced Indebtedness other than the Existing Grifols Notes and Existing Talecris Notes, and, with respect to the Existing Grifols Notes and Existing Talecris Notes, such notes shall have been (A) repaid, repurchased, retired or redeemed in full (through a tender offer or otherwise) and/or (B) with respect to any Existing Grifols Notes and Existing Talecris Notes that are not so repaid, repurchased, retired or redeemed in full on or prior to the Original Closing Date, all such Existing Grifols Notes and Existing Talecris Notes shall be irrevocably called for early redemption and satisfied and discharged or defeased pursuant to and in accordance with the terms of the Existing Grifols Notes and the Existing Talecris Notes, respectively, (ii) terminated any commitments to lend or make other extensions of credit under the Refinanced Indebtedness, (iii) delivered to the Administrative Agent all documents or instruments necessary to release all Liens securing the Refinanced Indebtedness or other obligations of the Group thereunder being repaid on the Original Closing Date and (iv) made arrangements reasonably satisfactory to the Administrative Agent with respect to the cancellation of any letters of credit outstanding thereunder or the issuance of Letters of Credit to support the obligations of the Group with respect thereto
Refinanced Indebtedness. On the Closing Date, the Group shall have (i) repaid, repurchased, retired or redeemed in full all Refinanced Indebtedness and all Existing Grifols Notes shall be irrevocably called for early redemption and satisfied and discharged or defeased pursuant to and in accordance with the terms of the Existing Grifols Notes, (ii) terminated any commitments to lend or make other extensions of credit under the Refinanced Indebtedness, (iii) delivered to the Administrative Agent all documents or instruments necessary to release all Liens securing the Refinanced Indebtedness or other obligations of the Group thereunder being repaid on the Closing Date and (iv) made arrangements reasonably satisfactory to the Administrative Agent with respect to the cancellation of any letters of credit outstanding thereunder or the issuance of letters of credit to support the obligations of the Group with respect thereto.
Refinanced Indebtedness. TFC and RHI shall have complied with the call procedures applicable to the Refinanced Indebtedness to the satisfaction of the Administrative Agents.
Refinanced Indebtedness. TFC shall fail to deposit from the proceeds of the Offering and the Term Loans an amount sufficient to repay in full the Refinanced Indebtedness issued under the TFC Indentures or RHI shall fail to deposit from the proceeds of the Term Loans an amount sufficient to repay in full the Refinanced Indebtedness issued under the 11 7/8% Senior Subordinated Debenture Indenture in a manner satisfactory to the Collateral Agent on or before February 27, 1998. An Event of Default shall be deemed "continuing" until cured or waived in writing in accordance with Section 15.07.
Refinanced Indebtedness. (i) The Administrative Agent shall have received (i) reasonably satisfactory evidence that all loans and other obligations (other than Existing Letters of Credit and the Related Swap Contracts (as defined in the Existing Jarden Credit Agreement)) under the Existing Jarden Credit Agreement shall be repaid in full upon the making of the initial Loans hereunder, and upon such repayment the Existing Jarden Credit Agreement and certain Loan Documents (as defined therein) shall be terminated on terms reasonably satisfactory to the Arranger and (ii) the Administrative Agent shall have received a payoff letter duly executed and delivered by the US Borrower and the Existing Jarden Agent or other evidence of such termination in each case in form and substance reasonably satisfactory to the Administrative Agent.
(ii) The Administrative Agent shall have received (i) reasonably satisfactory evidence that all loans and other obligations under the Canadian Credit Agreement shall be repaid in full upon the making of the initial Loans hereunder, and upon such repayment the Canadian Credit Agreement and all related agreements thereto shall be terminated on terms reasonably satisfactory to the Arranger and (ii) the Administrative Agent shall have received a payoff letter duly executed and delivered by the Canadian Borrower and CIBC, as Local Agent thereunder, or other evidence of such termination in each case in form and substance reasonably satisfactory to the Administrative Agent.
Refinanced Indebtedness. On the Closing Date, Holdings and its Subsidiaries shall have (i) completed the Refinancing, (ii) terminated any commitments to lend or make other extensions of credit thereunder (including delivery to Administrative Agent of a duly executed pay-off letter in form and substance satisfactory to it), (iii) delivered to Administrative Agent all documents or instruments necessary to release all Liens securing Refinanced Indebtedness or other obligations of Holdings and its Subsidiaries thereunder being repaid on the Closing Date, (iv) made arrangements satisfactory to Administrative Agent with respect to the cancellation of any letters of credit outstanding thereunder or the issuance of Letters of Credit (under as and defined in the Revolving Credit Agreement) to support the obligations of Holdings and its Subsidiaries with respect thereto, and (v) paid the Senior Notes Interest Payment and thereby shall have cured any and all defaults under the Senior Notes Indenture and Administrative Agent shall be satisfied that such payment has been received by the Senior Note Trustee.
Refinanced Indebtedness. See definition of Permitted Refinancing Indebtedness.
