Examples of Existing Financial Indebtedness in a sentence
When the Agent is satisfied that it has received all the documents and evidence set out above, the Agent shall immediately instruct the bank (with which the Issuer holds the Escrow Account) to promptly transfer the funds from the Escrow Account in accordance with the Existing Financial Indebtedness Repayment Instructions.
USE OF PROCEEDS Upon release from the Escrow Account, the Issuer shall use the Net Proceeds from the issuance of the Initial Notes towards (i) first, provision of intra-Group loans to Delete Oy and Delete Sweden AB for the purposes of repayment of principal and payment of accrued but unpaid interest and other costs and fees under or in relation to the Existing Financial Indebtedness, and (ii) secondly, general corporate purposes of the Group (including acquisitions).
Upon release from the Escrow Account, the Issuer shall use the Net Proceeds from the issuance of the Initial Notes towards (i) first, provision of intra-Group loans to Delete Group Oy and Delete Sweden AB for the purposes of repayment of principal and payment of accrued but unpaid interest and other costs and fees under or in relation to the Existing Financial Indebtedness, and (ii) secondly, general corporate purposes of the Group (including acquisitions).
Evidence that all amounts outstanding under the relevant Existing Financial Indebtedness which is to be prepaid by the relevant Advance have been or will be (as a result of the relevant Utilisation) discharged in full and that all related commitments are or will be cancelled in full and that all Security Interests and guarantees in connection with the Existing Financial Indebtedness have been or will be discharged in full.
Form of Compliance Certificate) 119Appendix 2 (Certain Existing Financial Indebtedness) 120Appendix 3 (Transaction Security) 1211.