Common use of Termination of Existing Credit Agreement Clause in Contracts

Termination of Existing Credit Agreement. 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 respect 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.)

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Termination of Existing Credit Agreement. All Confirmation that all Indebtedness outstanding of, and accrued and unpaid fees and all other amounts owing by, the Borrower under the Existing Credit Agreement shall have been will be repaid in full and the commitments thereunder will be terminated, in each case, on or concurrently repaid with the proceeds of the Loans on prior to the Closing Date, together with all interest thereon and other amounts owing in respect thereof, all commitments thereunder shall have been cancelled and such agreement shall have been terminated.

Appears in 2 contracts

Samples: Year Credit Agreement (Directv), Year Credit Agreement (Directv)

Termination of Existing Credit Agreement. All Confirmation that all Indebtedness outstanding of the Borrower under the Existing Credit Agreement shall have been will be repaid in full and the commitments thereunder will be terminated and all Liens relating thereto will be terminated or concurrently repaid with the proceeds of the Loans released, in each case, on or prior to the Closing Date, together with all interest thereon and other amounts owing in respect thereof, all commitments thereunder shall have been cancelled and such agreement shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (Directv Holdings LLC)

Termination of Existing Credit Agreement. All Confirmation that all Indebtedness outstanding of the Borrower under the Existing Credit Agreement shall have been will be repaid in full and the commitments thereunder will be terminated and all Liens relating thereto will be terminated or concurrently repaid released substantially contemporaneously with the proceeds of the Loans on the Closing Date, together with all interest thereon and other amounts owing in respect thereof, all commitments thereunder shall have been cancelled and such agreement shall have been terminatedinitial advances under this Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Directv Financing Co Inc)

Termination of Existing Credit Agreement. All Indebtedness outstanding under the Existing Credit Agreement shall have been repaid or concurrently repaid with the proceeds of the Loans on the Closing Effective Date, together with all interest thereon and other amounts owing in respect thereof, all commitments thereunder shall have been cancelled and such agreement the Existing Credit Agreement shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (Aol Time Warner Inc)

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Termination of Existing Credit Agreement. All Indebtedness and other amounts outstanding under the Existing Credit Agreement shall have been repaid been, or concurrently repaid substantially simultaneously with the proceeds of initial borrowing hereunder shall be, repaid in full and the Loans on the Closing Date, together with all interest thereon and other amounts owing in respect thereof, all commitments thereunder terminated, and the security interests relating thereto shall have been cancelled and such agreement shall have been terminatedterminated or released pursuant to customary termination agreements.

Appears in 1 contract

Samples: Intercreditor Agreement (Uci Holdings LTD)

Termination of Existing Credit Agreement. All After giving effect to the initial Loans to be made hereunder and the issuance of the Senior Notes, 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 repurchased in respect thereoffull, all commitments thereunder shall have been cancelled and such agreement relating thereto shall have been terminated, and all Liens related thereto shall have been terminated or released.

Appears in 1 contract

Samples: Credit Agreement (Cooper Companies Inc)

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