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Common use of Existing Clause in Contracts

Existing. The Existing Liens, except that the Lien of the CIT Group, Inc. in the assets of the Borrower may remain in place until, but shall have been released by, the date of the making of the initial Loan.

Appears in 2 contracts

Sources: Credit Agreement (Maxtor Corp), Credit Agreement (Hyundai Electronics Industries Co LTD/Fa)

Related Clauses

  • Existence and Good Standing
  • Incorporation and Good Standing of the Company
  • Business of the Company
  • Organization and Good Standing of the Company
  • Agreements of the Company

Parent Clauses

  • Interconnection Facilities
  • Connecting Transmission Owner Interconnection Facilities
  • Interconnection Customer Interconnection Facilities
  • Signatures
  • Interconnection Customer Interconnection Facilities (ICIFs

Sub-Clauses

  • Calculation Date
  • Years of Service
  • Retirement Liquidation Assets Program 28
  • Verification of Information
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