Termination of Existing Facility. (i) The Administrative Agent shall have received satisfactory evidence that the Existing Facility shall have been terminated and all amounts thereunder shall have been paid in full (the “Refinancing”) and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.
Termination of Existing Facility. Evidence satisfactory to the Administrative Agent confirming that if any principal, interest, fees, costs or other amounts are outstanding under the Existing Facility, all such amounts have been paid in full by the Closing Date or that the Revolving Loans borrowed by the Borrower on the Closing Date will be used to repay such outstanding amounts, and that the Existing Facility shall thereby terminate on the Closing Date;
Termination of Existing Facility. The Borrower shall have satisfied and terminated the credit facility evidenced by that certain Amended and Restated Unsecured Credit Agreement dated as of June 9, 2005 with Bank of Montreal as the administrative agent, as amended to date.
Termination of Existing Facility. Borrower hereby agrees that the initial Advance hereunder shall include an amount sufficient to repay in full all of the outstanding amounts owing under that certain existing credit facility (the "Existing Facility") in the maximum principal amount of $75,000,000 from The First National Bank of Boston, as agent for the lenders thereunder, to Borrower (as same may be amended or supplemented from time to time) and that all such outstanding amounts shall be repaid to, and all of the collateral securing the Existing Facility shall be released by, The First National Bank of Boston simultaneously with such initial Advance.
Termination of Existing Facility. Borrower hereby agrees that the initial Advance hereunder shall include an amount sufficient to repay in full all of the outstanding amounts owing under that certain existing credit facility (the "Existing Facility") from Bank of America National Trust and Savings Association, as agent for the lenders thereunder, to Borrower (as same may be amended or supplemented from time to time) and that all such outstanding amounts shall be repaid simultaneously with such initial Advance.
Termination of Existing Facility. Concurrently with the making of the Loans to be made on the Closing Date, the Borrower shall have repaid all loans outstanding, and shall have no further obligations, under the Existing Facility, and all related Liens, agreements and instruments shall have been terminated.
Termination of Existing Facility. The Borrower hereby agrees that effective as of the Closing Date the Existing Facility is terminated.
Termination of Existing Facility. The Credit Agreement, dated as of April 30, 1997, as amended by First Amendment to Credit Agreement, dated as of June 27, 1997, and by Second Amendment to Credit Agreement, dated as of July 15, 1998, as well as the Credit Agreement, dated as of January 2, 1998, shall have been repaid in full and terminated.
Termination of Existing Facility. Evidence satisfactory to the Bank confirming that, if any principal, interest, fees, costs or other amounts are outstanding under the Existing Facility, all such amounts have been paid in full by the Closing Date or that the Loans borrowed by the Company on the Closing Date will be used to repay such outstanding amounts, and that the Existing Facility and the commitments of the "Bank" thereunder shall thereby terminate on the Closing Date;
Termination of Existing Facility. Evidence satisfactory to the Agent confirming that if any principal, interest, fees, costs or other amounts are outstanding under the Existing Facility, all such amounts have been paid in full by the Closing Date or that the Loans borrowed by the Companies on the Closing Date will be used to repay such outstanding amounts, and that the Existing Facility and the commitments of the "Banks" thereunder shall thereby terminate on the Closing Date, together with evidence satisfactory to BofA, as agent under the Existing Facility, of satisfaction or waiver by such Banks of any prior notice of such termination as required under the Existing Facility; and
