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 Existing Revolving Credit Agreement (including any contingent or other amounts payable in respect of letters of credit) shall have been (or shall be simultaneously) paid in full 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 Required Lenders shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Nationwide Health Properties 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 Existing Revolving Credit Agreement Indebtedness (including including, without CREDIT AGREEMENT limitation, any contingent or other amounts payable in respect of letters of credit) 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 on the Effective Datefull, 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 Required Lenders Administrative Agent shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Panavision Inc)

Repayment of Existing Indebtedness. Evidence that the principal of ---------------------------------- and interest on, and all other amounts owing in respect of, the Existing Revolving Credit Agreement Indebtedness (including any contingent or other amounts payable in respect of letters of creditthe Indebtedness outstanding under the Existing Senior Subordinated Note Purchase Agreement and the Existing Credit Agreement) indicated on Schedule 8.01 that is to be repaid on the Closing Date shall have been (or shall be simultaneously) paid in full on the Effective Datefull, 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 for such release satisfactory to the Required Lenders for such release 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 Existing Revolving Credit Agreement Indebtedness (including i) of Borrower or its Affiliates to Xxxxx Fargo (including, without limitation, any contingent or other amounts payable in respect of letters of credit), and (ii) which is secured by any Liens on any portion of the Loan Collateral shall have been (or shall be simultaneously) paid in full on the Effective Datefull, 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 for such release satisfactory to the Required Lenders Bank shall have been made).

Appears in 1 contract

Samples: Financing Agreement (OVERSTOCK.COM, Inc)

Repayment of Existing Indebtedness. Evidence that the principal of ---------------------------------- and interest on, and all other amounts owing in respect of, the Existing Revolving Credit Agreement Indebtedness (including any contingent or other amounts payable in respect of letters of credit) indicated on Schedule II that is to be repaid on the Effective Date shall have been (or shall be simultaneously) paid in full on the Effective Datefull, 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 Required Lenders shall have been made).

Appears in 1 contract

Samples: Credit Agreement (SCV Epi Vineyards 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 Existing Revolving Credit Agreement 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 on the Effective Datefull, 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 Required Lenders Administrative Agent shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Hearst Argyle Television Inc)

Repayment of Existing Indebtedness. Evidence that the principal of ---------------------------------- and interest on, and all other amounts owing in respect of, the Existing Revolving Credit Agreement Indebtedness (including any contingent or other amounts payable in respect of letters of credit) 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 on the Effective Datefull, 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 Required Lenders 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, the Existing Revolving Credit Agreement any Indebtedness (including any contingent or other amounts payable in respect of letters of credit) indicated on Schedule II that is to be repaid on the Closing Date shall have been (or shall be simultaneously) paid in full on the Effective Datefull, 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 Required Lenders Administrative Agent shall have been made).

Appears in 1 contract

Samples: Credit Agreement (Excelcom Inc)

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