Common use of Termination of Existing Credit Agreement Clause in Contracts

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.

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.

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).

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.

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.

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.

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 fullfull and the liens granted thereunder shall have been released, in each case pursuant to documentation satisfactory to the Administrative Agent and the Lenders).

Termination of Existing Credit Agreement. Concurrent with the closing of the Agreement, All commitments under the Existing Credit Agreement shall have been terminated, together with the commitments thereunder, and all amounts owing in respect of payable under the Existing Credit Agreement shall have been either repaid in fullfull prior to the Effective Date or will be paid in full concurrent with the making of the Revolving Advances under this Agreement on August 11, 1995 and application of the proceeds thereof.

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.

Termination of Existing Credit Agreement. Concurrent with the closing All of the Agreement, obligations due and owing under the Existing Credit Agreement shall have been terminated, together with the commitments thereunderpaid in full, and all amounts owing Liens in respect of the Existing Credit Agreement connection therewith shall have been repaid in fullterminated.

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.