Common use of Repayment of Existing Indebtedness Clause in Contracts

Repayment of Existing Indebtedness. Evidence that the principal ---------------------------------- of and interest on, and all other amounts owing in respect of, the Indebtedness (including any contingent or other amounts payable in respect of letters of credit) in respect of the Existing Credit Agreement and the Bridge Debt or indicated on Schedule II that is to be repaid on the Effective Date shall have been (or shall be simultaneously) paid in full, that any commitments to extend credit under the agreements or instruments relating to such Indebtedness shall have been canceled or terminated and that all Guarantees in respect of, and all Liens securing, any such Indebtedness shall have been released (or arrangements for such release satisfactory to the Administrative Agent shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Hearst Argyle Television Inc)

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Repayment of Existing Indebtedness. Evidence that the principal ---------------------------------- of and interest on, and all other amounts owing in respect of, the Indebtedness (including any contingent or other amounts payable in respect of letters of credit) in respect of the Existing Credit Agreement and the Bridge Debt or indicated on Schedule II (including, without limitations, all amounts outstanding under the Existing Credit Agreement) that is to be repaid on the Effective Date shall have been (or shall be simultaneously) paid in full, that any commitments to extend credit under the agreements or instruments relating to such Indebtedness shall have been canceled or terminated and that all Guarantees in respect of, and all Liens securing, any such Indebtedness shall have been released (or arrangements for such release satisfactory to the Administrative Agent shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Chart Industries Inc)

Repayment of Existing Indebtedness. Evidence that the principal ---------------------------------- of and interest on, and all other amounts owing in respect of(including, the Indebtedness (including without limitation, any contingent or other amounts payable in respect of letters of credit) in respect of of, the Existing Credit Agreement and the Bridge Debt or Indebtedness indicated on Schedule II that is to be I hereto as being repaid on upon the Effective Closing Date shall have been (or shall be simultaneously) paid repaid in full, that any all commitments to extend credit under the agreements or instruments relating to evidencing any such Indebtedness shall have been canceled or terminated and Exhibit 10.1 that all Guarantees in respect of, and all any Liens securing, securing any such Indebtedness shall have been released (or arrangements for such release satisfactory to the Administrative Agent shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Barnes & Noble Inc)

Repayment of Existing Indebtedness. Evidence that the principal ---------------------------------- of and interest on, and all other amounts owing in respect of, the Indebtedness (including any contingent or other amounts payable in respect of letters of credit) in respect of the Existing Credit Agreement and the Bridge Debt or indicated on Schedule II that is to be repaid on the Effective Date shall have been (or shall be simultaneously) paid in full, that any commitments to extend credit under the agreements or instruments relating to such Indebtedness shall have been canceled or terminated and that all Guarantees in respect of, and all Liens securing, any such Indebtedness shall have been released (or arrangements for such release reasonably satisfactory to the Administrative Agent Required Lenders shall have been made).

Appears in 1 contract

Samples: Credit Agreement (SCV Epi Vineyards Inc)

Repayment of Existing Indebtedness. Evidence that the principal ---------------------------------- of and interest on, and all other amounts owing in respect of, the Indebtedness (including including, without limitation, any contingent or other amounts payable in respect of letters of credit) in respect of the Existing Credit Agreement and the Bridge Debt or ), if any, indicated on Schedule II 8.01 that is to be repaid on the Effective Closing Date shall have been (or shall be simultaneously) paid in full, that any commitments to extend credit under the agreements or instruments relating to such Indebtedness shall have been canceled or terminated and that all Guarantees in respect of, and all Liens securing, any such Indebtedness shall have been released (or arrangements satisfactory to the Required Lenders for such release satisfactory to the Administrative Agent shall have been made).

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Nuco2 Inc /Fl)

Repayment of Existing Indebtedness. Evidence that the principal ---------------------------------- of and interest on, and all other amounts owing in respect of, the Indebtedness (including including, without CREDIT AGREEMENT limitation, any contingent or other amounts payable in respect of letters of credit) in respect of the Existing Credit Agreement and the Bridge Debt or indicated on Schedule II that is to be repaid on the Effective Date (including, without limitation, all Indebtedness under the Existing Credit Agreement) shall have been (or shall be simultaneously) paid in full, that any commitments to extend credit under the agreements or instruments relating to such Indebtedness shall have been canceled or terminated and that all Guarantees in respect of, and all Liens securing, any such Indebtedness shall have been released (or arrangements for such release satisfactory to the Administrative Agent shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Panavision Inc)

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Repayment of Existing Indebtedness. Evidence that the principal of ---------------------------------- of and interest on, and all other amounts owing in respect of, the Indebtedness Existing Revolving Credit Agreement (including any contingent or other amounts payable in respect of letters of credit) in respect of the Existing Credit Agreement and the Bridge Debt or indicated on Schedule II that is to be repaid on the Effective Date shall have been (or shall be simultaneously) paid in fullfull on the Effective Date, that any commitments to extend credit under the agreements or instruments relating to such Indebtedness shall have been canceled or terminated and that all Guarantees in respect of, and all Liens securing, any such Indebtedness shall have been released (or arrangements for such release satisfactory to the Administrative Agent Required Lenders shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Nationwide Health Properties Inc)

Repayment of Existing Indebtedness. Evidence that the principal ---------------------------------- of and interest on, and all other amounts owing in respect of, the Indebtedness (including any contingent or other amounts payable in respect of letters of credit) in respect of the Indebtedness outstanding under the Existing Senior Subordinated Note Purchase Agreement and the Existing Credit Agreement and the Bridge Debt or Agreement) indicated on Schedule II 8.01 that is to be repaid on the Effective Closing Date shall have been (or shall be simultaneously) paid in full, that any commitments to extend credit under the agreements or instruments relating to such Indebtedness shall have been canceled or terminated and that all Guarantees guarantees in respect of, and all Liens securing, any such Indebtedness shall have been released (or arrangements satisfactory to the Required Lenders for such release satisfactory to the Administrative Agent shall have been made).

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (Nuco2 Inc /Fl)

Repayment of Existing Indebtedness. Evidence that the principal ---------------------------------- of and interest on, and all other amounts owing in respect of, the any Indebtedness (including any contingent or other amounts payable in respect of letters of credit) in respect of the Existing Credit Agreement and the Bridge Debt or indicated on Schedule II that is to be repaid on the Effective Closing Date shall have been (or shall be simultaneously) paid in full, that any commitments to extend credit under the any agreements or instruments relating to such Indebtedness shall have been canceled or terminated and that all Guarantees in respect of, and all Liens securing, any such Indebtedness shall Credit Agreement ---------------- have been released (or arrangements for such release satisfactory to the Administrative Agent shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Excelcom Inc)

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