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 2.9.8 [Indemnity]; provided that it may borrow new Loans with a Borrowing Date on such date. Each of the Banks 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 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. All outstanding Loans under the Original Credit Agreement shall have been repaid in full (it being understood and agreed by the parties hereto that any amounts received by Administrative Agent as a result of this Section 3.1(o) may, in lieu of being paid to the Lenders pursuant to Section 2, be retained by Administrative Agent and returned to the Borrower as a Credit Extension hereunder to the extent the Borrower has complied with the requirements of Section 3.2 below with respect to the re-borrowing of such funds on the Amendment and Restatement Date). Notwithstanding anything in the Original Credit Agreement or this Agreement to the contrary, none of the Parent Guarantor, the Borrower nor any other Guarantor shall be liable for any losses, expenses or liabilities that would otherwise be payable by the Credit Parties pursuant to Section 2.18(c) of the Original Credit Agreement and/or Section 2.18(c) of this Agreement in connection with the repayment contemplated by this Section 3.1(n) on the Amendment and Restatement Date (and each Lender by its execution of this Agreement hereby expressly waives any such payment obligation by the Credit Parties). LA\4027402.11 LA\4027402.11
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.
