Common Contracts
1 similar Payoff Letter contracts
Scott Henry, Executive Vice President and Chief Financial Office Re: Payoff LetterPayoff Letter • July 22nd, 2011
Reference is hereby made to (a) that certain Senior Secured, Super-Priority Debtor-in-Possession Credit Agreement, dated as of February 16, 2011 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among (i) BORDERS GROUP, INC., a Michigan corporation, as a debtor-in-possession (“BGI”), (ii) BORDERS, INC., a Colorado corporation, as a debtor- in-possession (“Borders” and, collectively with BGI, the “Borrowers”, and each individually, a “Borrower”), (iii) each other Credit Party from time to time party to the Credit Agreement, each as a debtor-in-possession, (iv) GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation, in its individual capacity and as Working Capital Agent (the “Working Capital Agent”) for the Secured Parties (as defined in the Credit Agreement), (v) GA CAPITAL, LLC, a Delaware limited liability company, as Term B Agent (the “Term B Agent”) for the Term B Lenders (as defined in the Credit Agreement), and (vi)
