Common use of Existing Indebtedness of the Loan Parties Clause in Contracts

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness under that certain ▇▇▇▇▇▇▇ and Restated Credit Agreement, dated as of December 21, 2017 (as in effect immediately prior to the Closing Date), by and among certain of the Loan Parties, the lenders party thereto and Silicon Valley Bank, as administrative agent, shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date, as evidenced by a payoff letter reasonably satisfactory to the Administrative Agent (collectively, the “Closing Date Refinancing”).

Appears in 2 contracts

Sources: Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp)

Existing Indebtedness of the Loan Parties. All of the existing Indebtedness under that certain ▇▇▇▇▇▇▇ Amended and Restated Credit Agreement, dated as of December 21, 2017 (as in effect immediately prior to the Closing Date), by and among certain of the Loan Parties, the lenders party thereto and Silicon Valley Bank, as administrative agent, shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date, as evidenced by a payoff letter reasonably satisfactory to the Administrative Agent (collectively, the “Closing Date Refinancing”).

Appears in 1 contract

Sources: Credit Agreement (Cambium Networks Corp)