Common use of Outstanding Facility Clause in Contracts

Outstanding Facility. Receipt by the Administrative Agent of evidence satisfactory to it that all indebtedness outstanding under the Existing Credit Agreement, all interest thereon and all other amounts due and owing or to become due and owing thereunder have been paid in full and all commitments thereunder terminated; provided that all "Letters of Credit" outstanding thereunder, all of which are listed on Schedule 5.1, shall be deemed to be Letters of Credit hereunder.

Outstanding Facility. Receipt by the Administrative Agent of evidence satisfactory to it that all indebtedness outstanding under the Existing Credit Agreement, all interest thereon and all other amounts due and owing or to become due and owing thereunder have been paid in full and all commitments thereunder terminated; provided that all "“Letters of Credit" ” outstanding thereunder, all of which are listed on Schedule 5.1, shall be deemed to be Letters of Credit hereunder.

Outstanding Facility. Receipt by the Administrative Agent of evidence satisfactory to it that all indebtedness outstanding under the Existing Credit Agreement, all interest thereon and all other amounts due and owing or to become due and owing thereunder have been paid in full and all commitments thereunder terminated; provided that all full, other than with respect to the principal amount of outstanding "Letters of Credit" outstanding thereunder, all of which are listed on Schedule 5.1, shall be deemed to be Letters of Credit hereunder.