Common use of Termination of the Existing Credit Agreement Clause in Contracts

Termination of the Existing Credit Agreement. On the Effective Date, the total commitments under the Existing Credit Agreement shall have been terminated, and all loans thereunder shall have been repaid in full, together with interest thereon, and all other amounts owing pursuant to the Existing Credit Agreement shall have been repaid in full and the Existing Credit Agreement shall have been terminated and be of no further force or effect (except as to indemnities contained therein which survive the termination of the Existing Credit Agreement in accordance with the terms thereof).

Appears in 1 contract

Sources: 364 Df Credit Agreement (Nabisco Inc)

Termination of the Existing Credit Agreement. On the Effective Date(i) All loans and -------------------------------------------- other amounts outstanding under, and in respect of, the total Existing Credit Agreement shall have been repaid in full, (ii) the commitments under the Existing Credit Agreement shall have been terminated, permanently terminated and all loans thereunder shall have been repaid in full, together with interest thereon, and all other amounts owing pursuant to obligations under the Existing Credit Agreement and the security interests relating thereto shall have been repaid in full discharged or transferred to the Administrative Agents and the Existing Credit Agreement Lenders and (iii) the US Administrative Agent shall have been terminated received satisfactory evidence of such repayment, termination and be of no further force discharge or effect (except as to indemnities contained therein which survive the termination of the Existing Credit Agreement in accordance with the terms thereof)transfer.

Appears in 1 contract

Sources: Credit Agreement (Pierce Leahy Corp)

Termination of the Existing Credit Agreement. On the Effective Date(i) All loans and other amounts outstanding under, and in respect of, the total Existing Credit Agreement shall have been repaid in full, (ii) the commitments under the Existing Credit Agreement shall have been terminated, permanently terminated and all loans thereunder shall have been repaid in full, together with interest thereon, and all other amounts owing pursuant to obligations under the Existing Credit Agreement and (iii) the Administrative Agent shall have been repaid in full received satisfactory evidence of such repayment, termination and the Existing Credit Agreement shall have been terminated and be of no further force or effect (except as to indemnities contained therein which survive the termination of the Existing Credit Agreement in accordance with the terms thereof)discharge.

Appears in 1 contract

Sources: Credit Agreement (Cole National Corp /De/)