Existing Facility. The Existing Facility shall be repaid in full and terminated and all collateral security therefor shall be released, and the Administrative Agent shall have received a pay-off letter in form and substance satisfactory to it evidencing such repayment, termination, reconveyance and release.
Appears in 6 contracts
Sources: Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Digital Generation Systems Inc)
Existing Facility. The Existing Facility shall be repaid in full and terminated and all collateral security therefor shall be released, and the Administrative Agent shall have received a pay-off letter in form and substance reasonably satisfactory to it evidencing such repayment, termination, reconveyance and release.
Appears in 2 contracts
Sources: Credit Agreement (Wackenhut Corrections Corp), Credit Agreement (Gt Interactive Software Corp)
Existing Facility. The Existing Facility shall be repaid in full and terminated and all collateral security therefor shall be released, and the Administrative Agent shall have received a pay-off letter in form and substance satisfactory to it evidencing such repayment, termination, reconveyance and release.
Appears in 1 contract
Existing Facility. The Existing Facility shall be repaid in full and terminated and all collateral security therefor shall be releasedterminated, and the Administrative Agent shall have received a pay-off letter in form and substance satisfactory to it evidencing such repayment, repayment and termination, reconveyance and release.
Appears in 1 contract
Existing Facility. The Existing Facility shall be repaid in full and terminated and all collateral security therefor shall be released, and the Administrative Agent shall have received a pay-off letter in form and substance reasonably satisfactory to it evidencing such repayment, termination, reconveyance and release.
Appears in 1 contract
Existing Facility. The Existing Facility shall be repaid in full and terminated and all collateral security therefor (if any) shall be released, and the Administrative Agent shall have received a pay-off letter in form and substance reasonably satisfactory to it evidencing such repayment, termination, reconveyance and release.
Appears in 1 contract
Existing Facility. The Existing Facility shall be repaid in full and terminated and all collateral security therefor shall be released, and the Administrative Agent shall have received a pay-off letter in form and substance satisfactory to it evidencing such repayment, termination, reconveyance termination and release.
Appears in 1 contract
Sources: Credit Agreement (Imagemax Inc)