Common use of Existing Credit Agreement Clause in Contracts

Existing Credit Agreement. The commitments under the Existing Credit Agreement shall have expired or been terminated and all amounts owing under the Existing Credit Agreement (including all principal, interest and accrued fees) shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreement, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth in the Existing Credit Agreement of prior notice of the termination of the commitments thereunder.

Appears in 6 contracts

Samples: Credit Agreement (Aon PLC), Credit Agreement (Aon PLC), Credit Agreement (Aon PLC)

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Existing Credit Agreement. The Prior to or substantially simultaneously with the Effective Date, the commitments under the Existing Credit Agreement shall have expired or been terminated and all amounts owing under the Existing Credit Agreement (including all principal, interest and accrued fees) Company shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreementrepaid all outstanding loans, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth in the Existing Credit Agreement of prior notice of the termination of the commitments unpaid interest thereon and all fees and expenses owed thereunder.

Appears in 4 contracts

Samples: Credit Agreement (Lazard Group LLC), Credit Agreement (Lazard LTD), Credit Agreement (Lazard LTD)

Existing Credit Agreement. The commitments under the Existing Credit Agreement shall have expired or been terminated and all amounts owing under the Existing Credit Agreement (including all principal, interest and accrued fees) shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreement, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth in the Existing Credit Agreement of prior notice of the termination of the commitments thereunder. 4.2.

Appears in 3 contracts

Samples: Credit Agreement (Aon PLC), Credit Agreement (Aon PLC), Credit Agreement (Aon PLC)

Existing Credit Agreement. The commitments under the Existing Credit Agreement shall have expired or been terminated and all amounts owing under the Existing Credit Agreement (including all principal, interest outstanding loans thereunder and accrued fees) interest thereon and accrued and unpaid commitment fees owed thereunder shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreement, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth in the Existing Credit Agreement of prior notice of the termination of the commitments thereunder.

Appears in 2 contracts

Samples: Raytheon Co/, Raytheon Co/

Existing Credit Agreement. The commitments All amounts outstanding under the Existing Credit Agreement shall have expired or been be simultaneously paid in full, all outstanding commitments thereunder shall be terminated and all amounts owing under any liens securing the Existing Credit Agreement (including all principal, interest and accrued fees) obligations thereunder shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreementreleased; provided that, each of the Lenders Lender hereto that is a lender under the Existing Credit Agreement hereby waives any requirement the notice requirements set forth in Sections 2.9 and 3.1 of the Existing Credit Agreement of prior notice with respect to the repayment of the termination of the commitments thereunderExisting Credit Agreement contemplated by this clause (b).

Appears in 2 contracts

Samples: Credit Agreement (MSC Industrial Direct Co Inc), Credit Agreement (MSC Industrial Direct Co Inc)

Existing Credit Agreement. The commitments under the Existing Credit Agreement shall have expired or been terminated and all amounts owing loans, interest and other obligations payable thereunder shall have been paid in full, and the Administrative Agent shall have received satisfactory evidence of the foregoing. The Parent, Guarantors and Borrowers and the Lenders that are Lenders under the Existing Credit Agreement (including all principalagree that, interest and accrued fees) shall have been paid (or shall contemporaneously be paid) in full. By execution simultaneously with the effectiveness of this Agreement, the Core Currency Commitments, the Individual Currency Commitments, the Swing Line Commitment and the Letter of Credit Commitment, in each of the Lenders that is a lender case under the Existing Credit Agreement hereby waives any requirement set forth and as defined in the Existing Credit Agreement of prior notice of the termination of the commitments thereunderAgreement, shall be deemed terminated.

Appears in 2 contracts

Samples: Year Credit Agreement (Tiffany & Co), Year Credit Agreement (Tiffany & Co)

Existing Credit Agreement. The commitments All amounts outstanding under the Existing Credit Agreement shall have expired or been be simultaneously paid in full, all outstanding commitments thereunder shall be terminated and all amounts owing under any liens securing the Existing Credit Agreement (including all principal, interest and accrued fees) obligations thereunder shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreement49 released; provided that, each of the Lenders Lender hereto that is a lender under the Existing Credit Agreement hereby waives any requirement the notice requirements set forth in Sections 2.9 and 3.1 of the Existing Credit Agreement of prior notice with respect to the repayment of the termination of the commitments thereunderExisting Credit Agreement contemplated by this clause (b).

Appears in 1 contract

Samples: Credit Agreement (MSC Industrial Direct Co Inc)

Existing Credit Agreement. The commitments under the Existing Credit Agreement shall have expired or been terminated and all amounts owing under the Existing Credit Agreement thereunder (including all principal, interest and accrued fees) shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreement, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth in the Existing Credit Agreement of prior notice of the termination of the commitments thereunder.

Appears in 1 contract

Samples: Credit Agreement (Aon Corp)

Existing Credit Agreement. The commitments All amounts outstanding under the Existing Credit Agreement shall have expired or been be simultaneously paid in full, all outstanding commitments thereunder shall be terminated and all amounts owing under any liens securing the Existing Credit Agreement (including all principal, interest and accrued fees) obligations thereunder shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreementreleased; provided that, each of the Lenders Lender hereto that is a lender under the Existing Credit Agreement hereby waives any requirement the notice requirements set forth in Sections 2.6 and 3.1 of the Existing Credit Agreement of prior notice with respect to the repayment of the termination of the commitments thereunderExisting Credit Agreement contemplated by this clause (c).

Appears in 1 contract

Samples: Credit Agreement (MSC Industrial Direct Co Inc)

Existing Credit Agreement. The commitments under the Existing Credit Agreement shall have expired or been terminated and all amounts owing under the Existing Credit Agreement (including all principal, interest and accrued fees) loans thereunder shall have been prepaid or paid (or shall contemporaneously be paid) in full. By execution of this Agreement, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth in the Existing Credit Agreement of prior notice of the termination of the commitments thereunder.

Appears in 1 contract

Samples: Credit Agreement (CBS Corp)

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Existing Credit Agreement. The All commitments to provide extensions of credit under the Existing Credit Agreement shall have expired or been terminated and terminated, all amounts owing under due and payable thereunder shall have been paid in full, all Liens on assets of the Parent and its Subsidiaries securing the Existing Credit Agreement (including all principal, interest and accrued fees) shall have been paid (or shall contemporaneously be paid) in full. By execution released and all guarantees of this Agreement, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth provided by the Parent and its Subsidiaries shall have been terminated, in each case, pursuant to documentation satisfactory to the Existing Credit Agreement of prior notice of the termination of the commitments thereunderAdministrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Ero Marketing Inc)

Existing Credit Agreement. The commitments under the Existing Credit Agreement shall have expired or been terminated (and the parties hereto hereby waive compliance with any provision of the Existing Credit Agreement requiring advance notice of such termination) and all amounts owing under the Existing Credit Agreement (including all principal, interest and accrued fees) thereunder shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreement, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth in the Existing Credit Agreement of prior notice of the termination of the commitments thereunder.

Appears in 1 contract

Samples: Credit Agreement (Centurytel Inc)

Existing Credit Agreement. The commitments All amounts outstanding under the Existing Credit Agreement shall have expired or been be simultaneously paid in full, all outstanding commitments thereunder shall be terminated and all amounts owing under any liens securing the Existing Credit Agreement (including all principal, interest and accrued fees) obligations thereunder shall have been paid (or shall contemporaneously be paid) in full. By execution of this Agreementreleased; provided that, each of the Lenders Lender hereto that is a lender under the Existing Credit Agreement hereby waives any requirement the notice requirements set forth in Sections 3.6 and 4.1 of the Existing Credit Agreement of prior notice with respect to the repayment of the termination of the commitments thereunderExisting Credit Agreement contemplated by this clause (b).

Appears in 1 contract

Samples: Credit Agreement (MSC Industrial Direct Co Inc)

Existing Credit Agreement. The commitments loans outstanding under the Existing Credit Agreement shall have expired or been terminated on the Closing Date prior to giving effect to this Agreement, and all interest, fees and other amounts owing payable under the Existing Credit Agreement (including all principalincluding, interest and accrued feeswithout limitation, amounts due under Section 2.16 of the Existing Credit Agreement) shall have been paid (or in full and all commitments of the lenders thereunder shall contemporaneously be paid) in full. By execution have been terminated simultaneously with the effectiveness of this Agreement, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth in the Existing Credit Agreement of prior notice of the termination of the commitments thereunder.

Appears in 1 contract

Samples: Credit Agreement (Landstar System Inc)

Existing Credit Agreement. The commitments loans outstanding under the Existing Credit Agreement shall have expired or been terminated on the Closing Date prior to giving effect to this Agreement, and all interest, fees and other amounts owing payable under the Existing Credit Agreement (including all principalincluding, interest and accrued feeswithout limitation, amounts due under Section 2.16 (Indemnity) of the Existing Credit Agreement) shall have been paid (or in full and all commitments of the lenders thereunder shall contemporaneously be paid) in full. By execution have been terminated simultaneously with the effectiveness of this Agreement, each of the Lenders that is a lender under the Existing Credit Agreement hereby waives any requirement set forth in the Existing Credit Agreement of prior notice of the termination of the commitments thereunder.

Appears in 1 contract

Samples: Credit Agreement (Landstar System Inc)

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