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Common use of Refinancing of Existing Indebtedness Clause in Contracts

Refinancing of Existing Indebtedness. The Lender shall have received evidence regarding the successful refinancing of the Existing Indebtedness (other than the Existing Shareholder Loan) (at the discretional satisfaction of the Lender).

Appears in 2 contracts

Sources: Loan Facility Agreement (Navios South American Logistics Inc.), Loan Facility Agreement (Navios South American Logistics Inc.)

Related Clauses

  • Repayment of Existing Indebtedness
  • DESCRIPTION OF EXISTING INDEBTEDNESS
  • Existing Indebtedness
  • Refinancing Debt
  • Existing Indebtedness; Future Liens

Parent Clauses

  • Conditions To Effectiveness
  • CONDITIONS PRECEDENT
  • Conditions Precedent to Loans and Letters of Credit
  • Reallocation and Cash Collateralization of Defaulting Lender Commitment
  • Conditions to Closing Date Borrowing

Sub-Clauses

  • Consolidated Fixed Charge Coverage Ratio
  • Consolidated Total Net Leverage Ratio
  • Negative Pledge
  • Indebtedness and Preferred Equity
  • Tender Offer
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