Common use of Termination of the Existing Credit Agreement Clause in Contracts

Termination of the Existing Credit Agreement. There shall have been delivered to the Administrative Agent evidence of the refinancing and repayment of the Indebtedness outstanding under the Existing Credit Agreement, the termination of all commitments under the Existing Credit Agreement and termination and release of guarantees and liens in connection therewith, in form and substance reasonably satisfactory to the Administrative Agent.

Termination of the Existing Credit Agreement. There The Borrower shall have been delivered provide evidence to the Administrative Agent evidence of the refinancing and repayment of the Indebtedness outstanding under the Existing Credit Agreement, the termination of all commitments under that (i) the Existing Credit Agreement and termination and release of guarantees and shall be terminated, (ii) all liens created in connection therewith, if any, shall be terminated and (iii) all Indebtedness outstanding thereunder has been paid in form and substance reasonably satisfactory to full, in each case concurrently with the Administrative Agentmaking of the initial extensions of credit hereunder.