Repayment of Outstanding Loans. On the Closing Date, all Loans and other amounts outstanding under the Existing Credit Agreement, if any, shall be repaid contemporaneously with the making of Loans hereunder and all commitments to extend credit thereunder shall be terminated.
Repayment of Outstanding Loans. The Administrative Agent shall have received evidence, in form and substance satisfactory to it, that (i) all Loans outstanding under the Existing Credit Agreement, and all interest and fees that are payable thereunder, shall have been paid in full and (ii) the commitments thereunder have been terminated.
Repayment of Outstanding Loans. On the effective date of each Additional Commitment, the Borrower shall repay all Revolving Credit Loans then outstanding, subject to the Borrower’s indemnity obligations under Section 5.10 [Indemnity]; provided that it may borrow new Revolving Credit Loans with a Borrowing Date on such date. Each of the Lenders shall participate in any new Revolving Credit Loans made on or after such date in accordance with their respective Ratable Shares after giving effect to the increase in Revolving Credit Commitments contemplated by this Section 3.3.
Repayment of Outstanding Loans. Borrowing of New Loans. On the effective date of such increase, the Borrower shall repay all Loans then outstanding, subject to the Borrower's indemnity obligations under Section 5.10 [Indemnity]; provided that it may borrow new Loans with a Borrowing Date on such date. Each of the Lenders shall participate in any new Loans made on or after such date in accordance with their respective Ratable Shares after giving effect to the increase in Revolving Credit Commitments contemplated by this Section.
Repayment of Outstanding Loans. On the effective date of each Additional Revolving Credit Commitment and Additional Term Loan Commitment, the Borrower shall repay all Revolving Credit Loans then outstanding, as applicable, subject to the Borrower’s indemnity obligations under Section 5.10 [Indemnity]; provided that it may borrow new Revolving Credit Loans or Term Loans, as applicable, with a Borrowing Date on such date. Each of the Lenders shall participate in any new Revolving Credit Loans or Term Loans, as applicable, made on or after such date in accordance Exhibit 10.1 with their respective Ratable Shares after giving effect to the increase in Revolving Credit Commitments or Term Loan Commitments contemplated by this Section 3.3.
Repayment of Outstanding Loans. On the Effective Date, the Borrower is repaying all Loans (the "Outstanding Loans") outstanding immediately prior to the Effective Date.
Repayment of Outstanding Loans. The Borrower shall have applied the proceeds of the Secured Notes, concurrently with the issuance thereof, to repay (i) in full all of the outstanding principal of and accrued interest on the Term Loans (together with all other amounts due and payable under the Credit Agreement in respect of such prepayment) and (ii) outstanding Revolving Loans in an aggregate principal amount of not less than the greater of (x) $200,000,000 and (y) such amount that is equal to the excess of the Unrestricted cash and Cash Equivalents of Holdings, the Borrower and their Restricted Subsidiaries over $100,000,000 after giving effect to the transactions contemplated hereby.
Repayment of Outstanding Loans. On the Amendment Effective Date Vencor shall (i) repay all Committed Loans outstanding under the Credit Agreement immediately prior thereto and (ii) pay all interest on such Committed Loans and all facility fees and letter of credit fees accrued under the Credit Agreement to but excluding the Amendment Effective Date. The parties hereto waive any requirement in Section 2.12 of the Credit Agreement that Vencor give prior notice of such payments. Vencor shall compensate the Banks for any funding losses resulting from such payments as and when provided in Section 2.15 of the Credit Agreement.
Repayment of Outstanding Loans. 58 5.1.10. Fees and Expenses..............................................58 5.1.11. Collateral Agreement Supplements...............................59 5.2. All Credit Extensions..........................................59 5.2.1. Compliance with Warranties, No Default, etc....................59 5.2.2. Credit Extension Request.......................................59 5.2.3. Satisfactory Legal Form........................................60 5.2.4. Desert Inn Acquisition.........................................60 ARTICLE VI REPRESENTATIONS AND WARRANTIES 6.1. Organization, etc..............................................61
Repayment of Outstanding Loans. The Administrative Agent shall have received satisfactory evidence of the payment in full of the loans outstanding under the Existing Credit Agreement, together with all accrued interest thereon and other amounts due and payable with respect thereto, for ratable distribution to the Existing Lenders.
