Common use of Existing Credit Agreement Clause in Contracts

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.

Appears in 5 contracts

Sources: Credit Agreement (Investment Technology Group, Inc.), Credit Agreement (Investment Technology Group, Inc.), Credit Agreement (Investment Technology Group, Inc.)

Existing Credit Agreement. The Administrative Agent shall have received evidence, in form and substance satisfactory evidence to the Administrative Agent, that the Existing Credit Agreement shall have has been or concurrently with the Closing Date is being terminated and all amounts thereunder (other than contingent indemnification Liens securing obligations for which no claim has been made) shall under the Existing Credit Agreement have been paid in full and (ii) satisfactory arrangements shall have been made for or concurrently with the termination of all Liens granted in connection therewithClosing Date are being released.

Appears in 4 contracts

Sources: Credit Agreement (Cincinnati Bell Inc), Credit Agreement (Inamed Corp), Credit Agreement (Cincinnati Bell Inc)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that the commitments under the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) owing by the Borrower under the Existing Credit Agreement shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithfull.

Appears in 3 contracts

Sources: Credit Agreement (Gartner Inc), Credit Agreement (Gartner Inc), Credit Agreement (Gartner Inc)

Existing Credit Agreement. The Administrative Agent shall have received evidence in form and substance reasonably satisfactory evidence to Administrative Agent that all obligations of the applicable Companies under the Existing Credit Agreement shall have been, or shall substantially concurrently be, paid in full, all commitments thereunder shall have been terminated and the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithterminated.

Appears in 2 contracts

Sources: Senior Term Loan Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.

Appears in 2 contracts

Sources: Credit Agreement (SPX Corp), Credit Agreement (SPX Corp)

Existing Credit Agreement. (i) The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.

Appears in 2 contracts

Sources: Credit Agreement (Sba Communications Corp), Credit Agreement (NBH Holdings Co Inc)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that (i) the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.

Appears in 2 contracts

Sources: Credit Agreement (SPX Corp), Credit Agreement (SPX Corp)

Existing Credit Agreement. The Administrative Agent shall have received documentation satisfactory evidence to the Administrative Agent evidencing that the Existing Credit Agreement shall have been terminated and all respective amounts outstanding thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid repaid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.full;

Appears in 2 contracts

Sources: Revolving Credit Agreement (Rayonier Inc), Revolving Credit Agreement (Rayonier Inc)

Existing Credit Agreement. The General Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have has been terminated and that all amounts thereunder outstanding Indebtedness under the Existing Credit Agreement (other than contingent indemnification obligations for which no claim has been madethe Existing Letters of Credit) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithpaid.

Appears in 1 contract

Sources: Credit and Guarantee Agreement (Lear Corp /De/)

Existing Credit Agreement. The Administrative Agent shall have received evidence satisfactory evidence to it that the commitments under the Existing Credit Agreement shall have been terminated and all amounts outstanding thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithrepaid.

Appears in 1 contract

Sources: Credit Agreement (First Data Corp)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated and all amounts due thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements the Administrative Agent shall have been made for the termination of all Liens granted received evidence, in connection therewithform and substance satisfactory to it, thereof.

Appears in 1 contract

Sources: Credit Agreement (Allstate Corp)

Existing Credit Agreement. The Administrative Agent shall have received reasonably satisfactory evidence that the Existing Credit Agreement shall have been repaid or cancelled, all documentation representing such indebtedness shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has guarantees, liens and security interests associated therewith have been made) released, or that adequate measures shall have been paid in full taken to terminate such documentation and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithrelease such guarantees, liens and security interests.

Appears in 1 contract

Sources: Credit Agreement (Citadel Broadcasting Corp)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that on Closing Date (i) all of the Borrower's obligations under the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been will be paid in full and full, (ii) satisfactory arrangements shall have been made for the termination all commitments thereunder will be terminated and (iii) all letters of all Liens granted in connection therewithcredit issued thereunder will be deemed to be Letters of Credit under this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Southern California Edison Co)

Existing Credit Agreement. The Administrative Agent shall have received evidence satisfactory evidence to it (which may be a certificate of the Borrower) that the commitments under the Existing Credit Agreement shall have been terminated in full and that all amounts then due and payable by the Borrower thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithfull.

Appears in 1 contract

Sources: Credit Agreement (Pg&e Corp)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithfull.

Appears in 1 contract

Sources: Credit Agreement (Apogent Technologies Inc)

Existing Credit Agreement. The Administrative Agent shall have received evidence satisfactory evidence to it that the Existing Credit Agreement shall have been terminated and all amounts owing thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithfull.

Appears in 1 contract

Sources: Credit Agreement (Core Mark International Inc)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that (i) the Existing Credit Agreement shall have been terminated and all outstanding amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.

Appears in 1 contract

Sources: Credit Agreement (SPX Corp)

Existing Credit Agreement. The Administrative Agent shall have received evidence satisfactory evidence to it that (A) the Existing Credit Agreement has been terminated and cancelled and all outstanding Indebtedness thereunder shall have been terminated fully repaid (except with respect to the Existing Letters of Credit) and (B) all amounts thereunder (Liens, guarantees or other than contingent indemnification obligations for which no claim has been made) shall credit support securing or supporting the Existing Credit Agreement have been paid in full discharged and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithreleased.

Appears in 1 contract

Sources: Credit Agreement (Great Lakes Dredge & Dock CORP)

Existing Credit Agreement. The Administrative Agent shall have received evidence reasonably satisfactory evidence to it that the Existing Credit Agreement shall have has been or concurrently with the initial Loan hereunder is being terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been or will be concurrently paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithfull.

Appears in 1 contract

Sources: Credit Agreement (W-H Energy Services Inc)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that commitments under the Existing Credit Agreement shall have been terminated and all amounts due thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements the Administrative Agent shall have been made for the termination of all Liens granted received evidence, in connection therewithform and substance satisfactory to it, thereof.

Appears in 1 contract

Sources: Credit Agreement (Allstate Corp)

Existing Credit Agreement. The Administrative Agent shall have received evidence satisfactory evidence to it that the Existing Credit Agreement shall have has been terminated and all amounts amounts, if any, owing by the borrowers thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithfull.

Appears in 1 contract

Sources: 364 Day Credit Agreement (Cit Group Inc)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence be satisfied that all amounts due or outstanding in respect of the Existing Credit Agreement shall have been (or substantially simultaneously with the Closing Date shall be) paid in full, all commitments in respect thereof terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full guarantees therefor and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithcollateral with respect thereto discharged and released.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (American Reprographics CO)

Existing Credit Agreement. The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.

Appears in 1 contract

Sources: Credit Agreement (Colt Finance Corp.)

Existing Credit Agreement. The Administrative Agent shall have received reasonably satisfactory evidence that that, concurrently with the initial extension of credit hereunder, (i) the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations have been repaid in full or provision for which no claim has been made) the payment thereof shall have been paid made in full a manner reasonably satisfactory to the Administrative Agent and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithwith the Existing Credit Agreement.

Appears in 1 contract

Sources: Credit Agreement (Domtar CORP)

Existing Credit Agreement. The Administrative Agent shall have received evidence, in form and substance satisfactory evidence to the Administrative Agent, that the Existing Credit Agreement shall have been has been, or concurrently with the Closing Date is being, terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) of the Borrower and its Subsidiaries and any of their respective Affiliates under such Existing Credit Agreement shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewithbe fully satisfied.

Appears in 1 contract

Sources: Credit Agreement (DST Systems Inc)

Existing Credit Agreement. The Administrative Agent shall have received evidence satisfactory evidence to it that the commitments under the Existing Credit Agreement shall have been terminated and terminated, all amounts outstanding thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been repaid and any other amounts required to be paid in full and (ii) satisfactory arrangements shall to Chase or the banks thereunder have been made for the termination of all Liens granted in connection therewithpaid.

Appears in 1 contract

Sources: Revolving Credit Agreement (First Data Corp)