Common use of Termination of Existing Indebtedness Clause in Contracts

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties (other than the Indebtedness listed on Schedule 6.1(b)) shall have been repaid in full and all Liens relating thereto terminated.

Appears in 4 contracts

Samples: Credit Agreement (Lower Road Associates LLC), Credit Agreement (Lower Road Associates LLC), Credit Agreement (Sleepmaster LLC)

AutoNDA by SimpleDocs

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than the Indebtedness listed on Schedule 6.1(b)) shall have been repaid in full and terminated and all Liens relating thereto (other than those in favor of the Administrative Agent) shall have been terminated.

Appears in 3 contracts

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc), Credit Agreement (Red Robin Gourmet Burgers Inc), Credit Agreement (Red Robin Gourmet Burgers Inc)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties Borrower and its Subsidiaries (other than the Indebtedness listed on Schedule 6.1(b)) shall have been repaid in full and all Liens relating thereto terminated.

Appears in 3 contracts

Samples: Credit Agreement (TTM Technologies Inc), Credit Agreement (Florida Rock Industries Inc), Credit Agreement (Florida Rock Industries Inc)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than the Indebtedness listed on Schedule 6.1(b)) shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated.

Appears in 3 contracts

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc), Credit Agreement (Red Robin Gourmet Burgers Inc), Credit Agreement (Medsource Technologies Inc)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than including the Indebtedness arising under the Existing Credit Agreement, but excluding the Indebtedness listed on Schedule 6.1(b)) shall have been repaid in full and terminated and all Liens relating thereto (other than those in favor of the Administrative Agent) shall have been terminated.

Appears in 2 contracts

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc), Credit Agreement (Red Robin Gourmet Burgers Inc)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties Borrower, the Acquired Company and their respective Subsidiaries (other than the Indebtedness listed on Schedule 6.1(b)) shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated.

Appears in 2 contracts

Samples: Credit Agreement (West Corp), Credit Agreement (Intermagnetics General Corp)

Termination of Existing Indebtedness. All existing Indebtedness (except for Indebtedness set forth on Schedule 6.1(b)) for borrowed money of the Credit Parties (other than the Indebtedness listed on Schedule 6.1(b)) Borrower and its Subsidiaries shall have been repaid in full and all commitments relating thereto shall have been terminated and all Liens relating thereto shall have been terminated.

Appears in 2 contracts

Samples: Credit Agreement (Bradley Pharmaceuticals Inc), Credit Agreement (Bradley Pharmaceuticals Inc)

Termination of Existing Indebtedness. All existing Indebtedness (except for Indebtedness set forth on Schedule 6.1) for borrowed money of the Credit Parties (other than Borrower, the Indebtedness listed on Schedule 6.1(b)) Acquired Company and their respective Subsidiaries shall have been repaid in full and all commitments relating thereto shall have been terminated and all Liens relating thereto terminatedshall have been extinguished.

Appears in 1 contract

Samples: Credit Agreement (Amedisys Inc)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries and the Acquired Business (other than the Indebtedness listed on Schedule 6.1(b)) shall have been repaid in full and terminated and all Liens and guarantees relating thereto shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (Glenayre Technologies Inc)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than the Indebtedness listed on Schedule 6.1(b6.1(a)) shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (MPS Group Inc)

Termination of Existing Indebtedness. All existing Indebtedness (except for Indebtedness set forth on Schedule 6.1(b), but specifically including the Convertible Bonds) for borrowed money of the Credit Parties (other than the Indebtedness listed on Schedule 6.1(b)) Borrower and its Subsidiaries shall have been repaid in full and all commitments relating thereto shall have been terminated and all Liens relating thereto shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (Bradley Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties Borrower, the Acquired Company and their respective Subsidiaries (other than the Indebtedness listed on Schedule 6.1(b6.l(b)) shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (Intermagnetics General Corp)

Termination of Existing Indebtedness. All As of the Closing Date, all existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than the certain Capital Lease Obligations and purchase money Indebtedness listed set forth on Schedule 6.1(b)) shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (Roanoke Electric Steel Corp)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties Borrower and its Subsidiaries (other than the existing Subordinated Debt and the Indebtedness listed on Schedule 6.1(b)) and the Acquired Business and its Subsidiaries shall have been repaid in full and all Liens relating thereto terminated.

Appears in 1 contract

Samples: Credit Agreement (Dan River Inc /Ga/)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries (other than including the Indebtedness listed on Schedule 6.1(b)Existing Credit Agreement and the Rollover Notes) shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (Neighborcare Inc)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties Borrower or any of its Subsidiaries (other than the Indebtedness listed on Schedule 6.1(b)) shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (Vycom Corp.)

Termination of Existing Indebtedness. All existing Indebtedness for borrowed money of the Credit Parties and their Subsidiaries and the Acquired Business (other than the Indebtedness listed on Schedule SCHEDULE 6.1(b)) shall have been repaid in full and terminated and all Liens and guarantees relating thereto shall have been terminated.

Appears in 1 contract

Samples: Credit Agreement (Medvest Holdings Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!