Examples of Prior Lender Obligations in a sentence
Agent shall have received payoff letters from the Prior Lenders, each in form and substance reasonably satisfactory to Agent, as to the Prior Lender Obligations.
Prior to the Original Closing Date, Holdings will not have engaged in any business or incurred any Indebtedness or any other liabilities (except in connection with its corporate formation, the Prior Lender Obligations under and as defined in the Original Credit Agreement, the Related Transactions Documents and this Agreement).
Agents shall have received payoff letters from the Prior Lenders, each in form and substance reasonably satisfactory to Agents, as to the Prior Lender Obligations.
Prior to the Closing Date, Holdings will not have engaged in any business or incurred any Indebtedness or any other liabilities (except in connection with its corporate formation, the Prior Lender Obligations, the Related Transactions Documents and this Agreement).
Borrower shall have made provisions for the payment and satisfied on the Closing Date in full of the Prior Lender Obligations (other than obligations in respect of letters of credit outstanding on the Closing Date and issued by Deutsche Bank Trust Company Americas, which shall have been backed by stand-by Letters of Credit as required by the pay-off letter for the Existing Credit Facility).