Examples of Credit Agreement Termination Date in a sentence
For the purposes of this Agreement, the Obligations shall not be deemed to have been paid in full until (a) all maturity dates therefor shall have elapsed, (b) the Commitment shall have been terminated, and (c) the Lenders shall have received indefeasible payment of the Obligations in full in cash (such date that the conditions described in (a), (b), and (c) herein are satisfied shall be the "Credit Agreement Termination Date").
After the occurrence of the Credit Agreement Termination Date, Company agrees that it shall, to the extent granted to the Agent, and shall cause all of its Subsidiaries to the extent provided under the Credit Agreement (the "Subject Subsidiaries" which directly -------------------- or indirectly own any interest in the System) to (i) guaranty Company's obligations hereunder, and (ii) xxxxx x xxxx on their interests in the System, to secure performance of Company's obligations under this Agreement.
When the Credit Agreement Termination Date shall have occurred, this Agreement shall terminate, and the Administrative Agent shall forthwith cause to be assigned, transferred and delivered, against receipt but without any recourse, warranty or representation whatsoever, any remaining Pledged Collateral and money received in respect thereof, to or on the order of the Obligor.
Guarantor agrees that until the earlier to occur of (i) the Credit Agreement Termination Date, and (ii) the occurrence of an Event of Default under or in respect of the Credit Agreement and the acceleration of payment of all obligations thereunder, Guarantor may not, except as hereafter provided in this Section 4.1, declare a default in respect of the Reimbursement Obligation or otherwise accelerate payment of the Reimbursement Amount and interest thereon under this Agreement.
The covenants contained in this Section 10 shall survive the Credit Agreement Termination Date.
The obligations of the Borrower under Section 4.1, Section 4.2, Section 4.3, Section 10.3 and Section 10.4, shall in each case survive any assignment by the Lender and the occurrence of the Credit Agreement Termination Date and the Termination Date.
At all times on and after the Existing Credit Agreement Termination Date, the Borrower will not permit the aggregate principal amount of Indebtedness of its Non-Guarantor Subsidiaries (excluding any intercompany Indebtedness for borrowed money of a Subsidiary of the Borrower owed to the Borrower or another Subsidiary of the Borrower, but including any Guarantee by a Non-Guarantor Subsidiary of Indebtedness of the Borrower or any Subsidiary Guarantor) at any time to exceed $200,000,000.
Promptly after the occurrence of the Credit Agreement Termination Date, the Initial Borrower shall deliver to the Collateral Custodian written notice that the Credit Agreement Termination Date has occurred and the Collateral Custodian shall be entitled to conclusively rely on such notice.
Guarantor agrees that it will not register, make any filing or take any similar action in respect of such future lien until after the occurrence of the Credit Agreement Termination Date.
Beginning on August 15, 2007 and thereafter, the Borrower shall pay to the Administrative Agent a semi-annual administrative fee of $25,000 on each February 15 and August 15 of each year that this Agreement is in effect in arrears and on the Credit Agreement Termination Date.