Common use of Termination of Existing Credit Agreements and Related Liens; Existing Letters of Credit Clause in Contracts

Termination of Existing Credit Agreements and Related Liens; Existing Letters of Credit. On the Closing Date, Borrower and its Subsidiaries shall have (i) repaid in full all outstanding Indebtedness of Borrower and its Subsidiaries, other than Indebtedness permitted under subsection 7.1, (ii) terminated any commitments to lend or make other extensions of credit thereunder, (iii) delivered to Administrative Agent all documents or instruments necessary to release all Liens securing Indebtedness or other obligations of Borrower and its Subsidiaries thereunder, and (iv) made arrangements satisfactory to Administrative Agent with respect to the cancellation of any letters of credit outstanding thereunder or the issuance of Letters of Credit to support the obligations of Borrower and its Subsidiaries with respect thereto.

Termination of Existing Credit Agreements and Related Liens; Existing Letters of Credit. On the Closing Date, Borrower Company and its Subsidiaries shall have (ia) repaid in full all Indebtedness outstanding under the Existing Credit Agreements as set forth on Schedule 4.1F (the aggregate principal amount of which Indebtedness of Borrower and its Subsidiaries, other than Indebtedness permitted under subsection 7.1shall not exceed $48,000,000), (iib) terminated any commitments to lend or make other extensions of credit thereunder, (iiic) delivered to Arranger and Administrative Agent all documents or instruments necessary to release all Liens securing Indebtedness or other obligations of Borrower Company and its Subsidiaries thereunder, and (ivd) made arrangements satisfactory to Arranger and Administrative Agent with respect to the cancellation of any letters of credit outstanding thereunder or the issuance of Letters of Credit to support the obligations of Borrower Company and its Subsidiaries with respect thereto.

Termination of Existing Credit Agreements and Related Liens; Existing Letters of Credit. On the Closing Date, Borrower Company and its Subsidiaries shall have (ia) repaid in full all Indebtedness outstanding under the Existing Credit Agreements as set forth on Schedule 3.1F (the aggregate principal amount of which Indebtedness of Borrower and its Subsidiaries, other than Indebtedness permitted under subsection 7.1shall not exceed $48,000,000), (iib) terminated any commitments to lend or make other extensions of credit thereunder, (iiic) delivered to Arranger and Administrative Agent all documents or instruments necessary to release all Liens securing Indebtedness or other obligations of Borrower Company and its Subsidiaries thereunder, and (ivd) made arrangements satisfactory to Arranger and Administrative Agent with respect to the cancellation of any letters of credit outstanding thereunder or the issuance of Letters of Credit under the Revolving Credit Agreement to support the obligations of Borrower Company and its Subsidiaries with respect thereto.

Termination of Existing Credit Agreements and Related Liens; Existing Letters of Credit. On the Closing Date, Borrower and its Subsidiaries shall have (ia) repaid in full all Indebtedness outstanding under the Existing Credit Agreement (the aggregate principal amount of which Indebtedness of Borrower and its Subsidiaries, other than Indebtedness permitted under subsection 7.1shall not exceed $175,000,000), (iib) terminated any commitments to lend or make other extensions of credit thereunder, (iiic) delivered to Administrative Agent all documents or instruments necessary to release all Liens securing Indebtedness or other obligations of Borrower and its Subsidiaries thereunder, and (ivd) made arrangements reasonably satisfactory to Administrative Agent with respect to the cancellation of any letters of credit outstanding thereunder or the provision of cash collateral or the issuance of Letters of Credit to support the obligations of Borrower and its Subsidiaries with respect thereto.

Termination of Existing Credit Agreements and Related Liens; Existing Letters of Credit. On the Closing Date, Borrower Company and its Subsidiaries shall have (ia) repaid in full all Indebtedness outstanding Indebtedness of Borrower and its Subsidiaries, under the Existing Credit Agreements (other than that portion of the Existing Indebtedness permitted under subsection 7.1remain outstanding hereunder as reflected on Schedule 7.1 annexed hereto), (iib) terminated any commitments to lend or make other extensions of credit thereunder, (iiic) delivered to Administrative Agent all documents or instruments necessary to release all Liens securing Indebtedness or other obligations of Borrower Company and its Subsidiaries thereunder, and (ivd) made arrangements satisfactory to Syndication Agent and Administrative Agent with respect to the cancellation of any letters of credit outstanding thereunder unless permitted or the issuance of Letters of Credit to support the obligations of Borrower Company and its Subsidiaries with respect thereto.

Termination of Existing Credit Agreements and Related Liens; Existing Letters of Credit. On the Closing Date, Borrower and its Subsidiaries shall have (ia) repaid in full all Indebtedness outstanding under the Existing Credit Agreement (the aggregate principal amount of which Indebtedness of Borrower and its Subsidiaries, other than Indebtedness permitted under subsection 7.1shall not exceed $0), (iib) terminated any commitments to lend or make other extensions of credit thereunder, (iiic) delivered to Administrative Agent all documents or instruments necessary to release all Liens securing Indebtedness or other obligations of Borrower and its Subsidiaries thereunder, and (ivd) made arrangements satisfactory to Administrative Agent with respect to the cancellation of any letters of credit outstanding thereunder or the issuance of Letters of Credit to support the obligations of Borrower and its Subsidiaries with respect thereto.