Implementation of CAM. (a) On the CAM Exchange Date, (i) the Commitments shall automatically and without further act be terminated as provided in Article VII, (ii) each Domestic A Lender shall immediately be deemed to have acquired (and shall promptly make payment therefor to the Administrative Agent in accordance with
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Sources: Credit Agreement (Pliant Corp)
Implementation of CAM. (a) On the CAM Exchange Date, (i) the Commitments shall automatically and without further act be terminated as provided in accordance with Article VII, (ii) each Domestic A Lender the Lenders shall immediately automatically and without further act be deemed to have acquired exchanged interests in the Designated Obligations such that, in lieu of the interests of each Lender in the Designated Obligations under each Tranche (and shall promptly make payment therefor to the Administrative Agent as defined below) in accordance withwhich it shall
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