Common use of Termination of Existing Credit Agreements Clause in Contracts

Termination of Existing Credit Agreements. The Administrative Agent shall have received evidence satisfactory to it that the commitment of each financial institution to make loans pursuant to (i) the $5,000,000,000 364-Day Credit Agreement, dated as of March 27, 2023, among the Company, the Capital Corporation, JD Luxembourg, the lenders parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Bank of America, N.A. and Citibank, N.A., as Co-Syndication Agents and X.X. Xxxxxx Securities LLC, as Sustainability Structuring Agent, (ii) the $2,500,000,000 2027 Credit Agreement, dated as of March 27, 2023, among the Company, the Capital Corporation, JD Luxembourg, the lenders parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Bank of America, N.A. and Citibank, N.A., as Co-Syndication Agents and X.X. Xxxxxx Securities LLC, as Sustainability Structuring Agent and (iii) the $2,500,000,000 2028 Credit Agreement, dated as of March 27, 2023 (the “Existing Credit Agreement”), among the Company, the Capital Corporation, JD Luxembourg, the lenders parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Bank of America, N.A. and Citibank, N.A., as Co-Syndication Agents and X.X. Xxxxxx Securities LLC, as Sustainability Structuring Agent, shall have been terminated in full and the outstanding principal amount of the indebtedness thereunder and all other amounts owing to any bank thereunder shall have been repaid or paid by the Borrowers.

Appears in 4 contracts

Samples: Credit Agreement (Deere & Co), Credit Agreement (Deere & Co), Credit Agreement (Deere John Capital Corp)

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Termination of Existing Credit Agreements. The Administrative Agent shall have received evidence satisfactory to it that the commitment of each financial institution to make loans pursuant to (i) the $5,000,000,000 364-Day Credit Agreement, dated as of March 27, 2023, among the Company, the Capital Corporation, JD Luxembourg, the lenders parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Bank of America, N.A. and Citibank, N.A., as Co-Syndication Agents and X.X. Xxxxxx Securities LLC, as Sustainability Structuring Agent, (ii) the $2,500,000,000 2027 Credit Agreement, dated as of March 27, 2023, among the Company, the Capital Corporation, JD Luxembourg, the lenders parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Bank of America, N.A. and Citibank, N.A., as Co-Syndication Agents and X.X. Xxxxxx Securities LLC, as Sustainability Structuring Agent and (iii) the $2,500,000,000 2028 Credit Agreement, dated as of March 27, 2023 (the “Existing Credit Agreement”), among the Company, the Capital Corporation, JD Luxembourg, the lenders parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, Bank of America, N.A. ​ 63 ​ ​ ​ and Citibank, N.A., as Co-Syndication Agents and X.X. Xxxxxx Securities LLC, as Sustainability Structuring Agent, shall have been terminated in full and the outstanding principal amount of the indebtedness thereunder and all other amounts owing to any bank thereunder shall have been repaid or paid by the Borrowers.

Appears in 2 contracts

Samples: Credit Agreement (Deere John Capital Corp), Credit Agreement (Deere & Co)

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