Common use of Payoff Documentation Clause in Contracts

Payoff Documentation. The Administrative Agent shall have received evidence satisfactory to it that the credit facility evidenced by that certain Credit Agreement dated January 30, 2017 among the Borrower and certain of its subsidiaries, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (as amended, restated or otherwise modified prior to the Closing Date, the “Existing Credit Agreement”) has been terminated and canceled and any and all indebtedness thereunder shall have been fully repaid (except to the extent being so repaid with the proceeds of the initial Loans under this Agreement) and any and Liens thereunder have been terminated and released.

Payoff Documentation. The Administrative Agent shall have received evidence satisfactory to it that the credit facility evidenced by that certain Credit Agreement dated January 30December 12, 2017 2012 among the Borrower and certain of its subsidiaries, the lenders party thereto and JPMorgan Chase BankBank of America, N.A., as administrative agent (as amended, restated or otherwise modified prior to the Closing Date, the “Existing Credit Agreement”) has been terminated and canceled and any and all indebtedness thereunder shall have been fully repaid (except to the extent being so repaid with the proceeds of the initial Loans under this Agreement) and any and Liens thereunder have been terminated and released.