Repayment of Existing Debt. The Administrative Agent shall have received evidence that the Existing Revolving Credit Agreement and the Existing Term Revolver Credit Agreement have each been terminated, and all outstanding obligations (excluding any breakage costs and any other contingent obligations that survive by their express terms) thereunder have been paid in full.
Repayment of Existing Debt. (i) Administrative Agent shall have received evidence that all Debt (including any commitments therefor) not permitted under subsection 9.2.2 shall have been terminated and all outstanding amounts therefor shall have been paid in full pursuant to documentation in form and substance satisfactory to Administrative Agent and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.
Repayment of Existing Debt. All Obligations (as defined therein) under the Existing Credit Agreement and all Obligations (as defined therein) under the Holdings Credit Agreement shall have been repaid in full (or satisfactory arrangements for simultaneous repayment in full shall have been made) and all commitments of the lenders thereunder terminated;
Repayment of Existing Debt. (A) On or prior to the Closing Date, refinance, prepay, repay, redeem, satisfy and discharge or defease (including, with respect to the Existing STERIS Notes and Existing Synergy Notes the provision for the repayment or constructive discharge thereof (including any principal, interest and any applicable make-whole amount)) all of the Existing Debt or (B) make provisions for the actions described in clause (A) substantially contemporaneously with the Closing Date, except in each case for Existing Debt that (i) is only owed or guaranteed by members of the Consolidated Group that are Borrowers or Guarantors and (ii) does not benefit from any material terms that are more favorable in any material respect than those provided to the Lenders under this Agreement; provided that STERIS shall not be required to take any of the foregoing action with respect to the Existing STERIS Notes to the extent such Existing STERIS Notes have the terms of the Existing STERIS Notes as amended on the date hereof.
Repayment of Existing Debt. The Administrative Agent shall have received evidence reasonably satisfactory to it that the Existing Revolving Credit Loan, all accrued and unpaid interest thereon, any associated breakage costs, and all accrued and unpaid commitment fees and letter of credit commissions owing by the Borrower under the Existing Facility have been paid in full.
Repayment of Existing Debt. Subject only to the disbursement and application of the initial Borrowing, Borrower shall have repaid in full with proceeds of a Borrowing under this Agreement, all Debt accrued, outstanding and owing by Borrower under the letter loan agreement, dated as of October 16, 2002, between Borrower and Bank One, NA.
Repayment of Existing Debt. (A) On or prior to the Closing Date, refinance, prepay, repay, redeem, satisfy and discharge or defease (including, with respect to the Existing STERIS Notes and Existing Synergy Notes the provision for the repayment or constructive discharge thereof (including any principal, interest and any applicable make-whole amount)) all of the Existing Debt or (B) make provisions for the actions described in clause (A) substantially contemporaneously with the Closing Date, except in each case for Existing Debt that (i) is not owed or guaranteed by any member of the Consolidated Group that is not the Borrower or a Guarantor and (ii) does not benefit from any material terms that are more favorable in any material respect than those provided to the Lenders under this Agreement. Information required to be delivered pursuant to subsections (i), (ii) and (v) of Section 5.01(j) above shall be deemed to have been delivered if such information, or one or more annual or quarterly or other reports or proxy statements containing such information, shall have been posted and available on the website of the Securities and Exchange Commission at xxxx://xxx.xxx.xxx (and a confirming electronic correspondence is delivered or caused to be delivered by the Borrower to the Administrative Agent providing notice of such availability). The Borrower hereby acknowledges that the Administrative Agent and/or the Arranger will make available to the Lenders materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on IntraLinks or another similar secure electronic system (the “Platform”). Certain of the Lenders (each, a “Public Lender”) may have personnel who do not wish to receive material non-public information with respect to the Borrower or its respective Affiliates, or the respective securities of any of the foregoing, and who may be engaged in investment and other market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that (w) all Borrower Materials that are to be made available to Public Lenders shall be clearly and conspicuously marked “PUBLIC”; (x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent and the Lenders to treat the Borrower Materials as not containing any material non-public information with respect to the Borrower or its securities for purposes of United States Federal and state sec...
Repayment of Existing Debt. If on the Amendment Date the outstanding principal amount of the Revolving Loan exceeds $9,000,000, that the Borrower pay to CoBank a partial payment of the Obligations under the Prior Supplements in the amount necessary to reduce the principal amount of the Revolving Loan to no more than $9,000,000;
Repayment of Existing Debt. All Indebtedness of Accelerated and its Subsidiaries (other than Indebtedness in an aggregate amount not exceeding $1,250,000 identified in a schedule delivered by Company to Arranging Agents prior to the Funding Date for the Accelerated Acquisition, the terms and conditions of which Indebtedness shall be in form and substance satisfactory to Arranging Agents (it being understood that such schedule shall be deemed to supplement Schedule 7.1 annexed hereto for all purposes of this Agreement)) shall have been paid in full, redeemed or defeased, any commitments to lend thereunder shall have been terminated, all security interests created to secure the obligations arising in connection therewith shall have been terminated or effectively assigned to Collateral Agent for the benefit of Agents and Lenders, and Company shall have delivered to Chase Co-Administrative Agent UCC-3 termination state- ments or assignments (or comparable forms) and any and all other instruments of release, satisfaction, assignment and/or reconveyance (or evidence of the filing thereof) as may be necessary or advisable to terminate or assign to Agents and Lenders all such security interests and all other security interests in the Collateral.
Repayment of Existing Debt. The Borrowers shall have repaid in full the Existing Senior Credit Agreement, and the Administrative Agent shall have received a payoff letter to that effect together with relevant UCC-3 termination statements.
