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

Termination of the Existing Credit Agreements. On the Effective Date and concurrently with the incurrence of Loans on such date, the total commitments under the Existing Credit Agreements shall have been terminated, and all loans thereunder shall have been repaid in full, together with interest thereon, and all other amounts owing pursuant to the Existing Credit Agreements shall have been repaid in full and the Existing Credit Agreements shall have been terminated and be of no further force or effect (except as to indemnities contained therein which survive the termination of the Existing Credit Agreements in accordance with the terms thereof).

Appears in 2 contracts

Samples: Nabisco Credit Agreement (RJR Nabisco Inc), Nabisco Credit Agreement (Nabisco Inc)

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Termination of the Existing Credit Agreements. On the Effective Date and concurrently with the incurrence of Loans on such dateDate, the total commitments under the Existing Credit Agreements shall have been terminated, and all loans thereunder shall have been repaid in full, together with interest thereon, and all other amounts owing pursuant to the Existing Credit Agreements shall have been repaid in full and the Existing Credit Agreements shall have been terminated and be of no further force or effect (except as to indemnities contained therein which survive the termination of the Existing Credit Agreements in accordance with the terms thereof).

Appears in 2 contracts

Samples: Credit Agreement (Nabisco Inc), Credit Agreement (RJR Nabisco Inc)

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Termination of the Existing Credit Agreements. On the Effective Date and concurrently with the incurrence of Loans on such date, the The total commitments under the Existing Credit Agreements shall have been terminated, and all loans thereunder shall have been repaid in full, together with interest thereon, and all other amounts owing pursuant to the Existing Credit Agreements shall have been repaid in full (except to the extent the letters of credit issued thereunder remain outstanding pursuant to arrangements satisfactory to the issuers thereof) and the Existing Credit Agreements shall have been terminated and be of no further force or effect (except as to indemnities contained therein which survive the termination of the Existing Credit Agreements in accordance with the terms thereof).

Appears in 1 contract

Samples: Credit Agreement (Rj Reynolds Tobacco Holdings Inc)

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