Loan Termination. Sellers represent and warrant to Buyer that the letter dated December 9, 2002 from SPA and CDC addressed to Deutsche Bank AG, New York Branch, as Administrative Agent (the "Loan Termination Letter") has (a) caused the Companies to be released as guarantor of all financing of Sellers and their Affiliates (other than the Companies) and (b) has caused the termination of the agreements listed on Schedule 3.7 of the Stock Purchase Agreement (except for any provisions thereof which expressly survive such termination). Sellers also represent and warrant to Buyer that the two commitments referenced in the Loan Termination Letter are the only two credit facilities under which any of the Companies are guarantors or parties and that no amounts have been drawn or are outstanding under either such commitment.
Appears in 2 contracts
Sources: Supplemental Agreement to Stock Purchase Agreement (Donnelley R H Inc), Supplemental Agreement to Stock Purchase Agreement (Sprint Corp)