Termination of Existing Credit Agreement. Concurrent with the closing of the Agreement, the Existing Credit Agreement shall have been terminated, together with the commitments thereunder, and all amounts owing in respect of the Existing Credit Agreement shall have been repaid in full.
Appears in 9 contracts
Samples: Five Year Revolving Credit Agreement (BlackRock Inc.), Five Year Revolving Credit Agreement (BlackRock Inc.), Five Year Revolving Credit Agreement (BlackRock Inc.)
Termination of Existing Credit Agreement. Concurrent with the closing of the Agreement, the The Existing Credit Agreement shall have been terminated, together with the commitments thereunder, terminated and all amounts owing in respect of the Existing Credit Agreement owed thereunder shall have been repaid in fullpaid.
Appears in 4 contracts
Samples: Credit Agreement (Keyspan Corp), Credit Agreement (Keyspan Corp), Credit Agreement (Keyspan Corp)
Termination of Existing Credit Agreement. Concurrent with the closing of the Agreement, the The Existing Credit Agreement shall have been be paid in full and terminated, together with the commitments thereunder, and all amounts owing in respect of the Existing Credit Agreement shall have been repaid in full.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Waste Management Inc), Revolving Credit Agreement (Waste Management Inc)
Termination of Existing Credit Agreement. Concurrent Prior to or simultaneously with the closing effectiveness of the this Agreement, the Borrower shall have repaid all outstanding advances and shall have paid all other amounts payable under the Existing Credit Agreement, and the commitments under such Existing Credit Agreement shall have been terminated, together with the commitments thereunder, and all amounts owing in respect of the Existing Credit Agreement shall have been repaid in full.
Appears in 2 contracts
Samples: Credit Agreement (Agl Resources Inc), Credit Agreement (Agl Resources Inc)
Termination of Existing Credit Agreement. Concurrent with Confirmation that all Indebtedness of, and accrued and unpaid fees and all other amounts owing by, the closing of the Agreement, Borrower under the Existing Credit Agreement shall have been will be repaid in full and the commitments thereunder will be terminated, together with in each case, on or prior to the commitments thereunder, and all amounts owing in respect of the Existing Credit Agreement shall have been repaid in fullClosing Date.
Appears in 2 contracts
Samples: Credit Agreement (Directv), Credit Agreement (Directv)
Termination of Existing Credit Agreement. Concurrent with the closing of the AgreementSubstantially contemporaneously herewith, all commitments and guarantees under the Existing Credit Agreement shall have been terminated, together with the commitments thereunder, be terminated in full and all amounts owing in respect of the Existing Credit Agreement obligations thereunder (other than contingent indemnity obligations not then due) shall have been be repaid in full. Notwithstanding anything in this Agreement to the contrary, the Loans will be available on the Closing Date if the conditions set forth in this Section 11.1 are satisfied (or waived in accordance herewith).
Appears in 2 contracts
Samples: Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp)
Termination of Existing Credit Agreement. Concurrent with the closing of the Agreement, the The Existing Credit Agreement shall have been terminated, together with the commitments thereunder, terminated and all amounts owing outstanding obligations thereunder shall be paid in respect of the Existing Credit Agreement full and all commitments thereunder shall have been repaid in fullterminated.
Appears in 2 contracts
Samples: Credit Agreement (Ralcorp Holdings Inc /Mo), Credit Agreement (Ralcorp Holdings Inc /Mo)
Termination of Existing Credit Agreement. Concurrent with the closing of the Agreement, the Existing Credit Agreement shall have been terminated, together with the commitments thereunder, and all amounts owing in respect of All Indebtedness outstanding under the Existing Credit Agreement shall have been repaid or concurrently repaid with the proceeds of the Loans on the Closing Date, together with all interest thereon and other amounts owing in fullrespect thereof, all commitments thereunder shall have been cancelled and such agreement shall have been terminated.
Appears in 2 contracts
Samples: Credit Agreement (Magellan Midstream Holdings Lp), Credit Agreement (Inergy Holdings, L.P.)
Termination of Existing Credit Agreement. Concurrent with the closing of the Agreement, the The Existing Credit Agreement shall have been terminated, together with the commitments thereunder, terminated and all amounts owing in respect of the Existing Credit Agreement outstanding thereunder shall have been repaid in fullor shall be repaid simultaneously with the occurrence of the Effective Date with the proceeds of the Loans hereunder.
Appears in 1 contract
Samples: Credit Agreement (Viacom Inc.)
Termination of Existing Credit Agreement. Concurrent with After giving effect to the closing of the Agreement, the Existing Credit Agreement shall have been terminated, together with the commitments thereunder, and initial Loans to be made hereunder all amounts owing in respect of Indebtedness under the Existing Credit Agreement shall have been repaid or repurchased in fullfull and all commitments relating thereto shall have been terminated.
Appears in 1 contract
Termination of Existing Credit Agreement. Concurrent with the closing of the Agreement, the The Existing Credit Agreement shall have been terminatedand the documents entered into in connection therewith (including, together with the commitments thereunderwithout limitation, and all amounts owing any subsidiary guaranties), other than in respect of the Existing Credit Agreement Letters of Credit, shall have been repaid in fullterminated and the Borrower shall have received a payout letter from the lead agent or the lenders thereunder indicating that no amounts are due and owing thereunder.
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Termination of Existing Credit Agreement. Concurrent Prior to or substantially simultaneously with the closing of the AgreementClosing Date, any obligations under the Existing Credit Agreement shall have been be repaid in full, all commitments thereunder shall be terminated, together with the commitments thereunder, and all amounts owing guarantees and liens thereunder and any related Loan Documents (as such term is defined in respect of the Existing Credit Agreement Agreement) shall have been repaid in fullbe terminated.
Appears in 1 contract
Termination of Existing Credit Agreement. Concurrent with the closing of the Agreement, All Indebtedness and other amounts outstanding under the Existing Credit Agreement shall have been been, or substantially simultaneously with the initial borrowing hereunder shall be, repaid in full and the commitments thereunder terminated, together with and the commitments thereunder, and all amounts owing in respect of the Existing Credit Agreement security interests relating thereto shall have been repaid in fullterminated or released pursuant to customary termination agreements.
Appears in 1 contract
Termination of Existing Credit Agreement. Concurrent with the closing Confirmation that all Indebtedness of the Agreement, Borrower under the Existing Credit Agreement shall have been terminated, together will be repaid in full and the commitments thereunder will be terminated and all Liens relating thereto will be terminated or released substantially contemporaneously with the commitments thereunder, and all amounts owing in respect of the Existing initial advances under this Credit Agreement shall have been repaid in fullAgreement.
Appears in 1 contract
Termination of Existing Credit Agreement. Concurrent The Existing Credit Agreement and all related agreements, documents and instruments shall have been terminated and the Borrower shall have repaid in full (or will repay with the closing of the Agreement, initial Loans) all outstanding obligations under the Existing Credit Agreement shall have been terminatedand such related agreements, together with the commitments thereunder, documents and all amounts owing in respect of the Existing Credit Agreement shall have been repaid in fullinstruments.
Appears in 1 contract