Common use of Payoff Documentation Clause in Contracts

Payoff Documentation. To the extent applicable to any of the Credit Parties that are not debtors in the Bankruptcy Case, Administrative Agent and Lenders receipt of customary release and pay-off letters in respect of existing indebtedness and collateral.

Appears in 2 contracts

Sources: Credit Agreement (Aleris Ohio Management, Inc.), Credit Agreement (Aleris Ohio Management, Inc.)