Repayment of Certain Debt. 41 Section 6.04 Financing........................................................................................41
Repayment of Certain Debt. Immediately following the Closing:
Repayment of Certain Debt. At or before the Effective Time, Parent and Purchaser shall cause to be prepaid all amounts outstanding under that certain Redemption Note dated December 13, 1995, made by Peerless Chain Company in favor of Bridgewater Resources Corp. in the principal amount of $2,500,000.
Repayment of Certain Debt. Immediately after the Merger Date, Buyer shall (or shall cause Merger Sub to) repay or refinance all amounts outstanding under (i) the First Union Agreements and (ii) the 6% Subordinated Note due March 16, 2001 issued by the Company to Panlabs International, Inc., as amended (the "MDS NOTE").
Repayment of Certain Debt. If any of the following shall occur:
Repayment of Certain Debt. At the Closing, the Surviving Corporation shall pay all amounts owed as of the Closing Date under the Revolving Credit Line and the Term Loan, including outstanding principal and interest and any success fees, prepayment premiums, make-whole premiums or penalties.
Repayment of Certain Debt. Immediately after the Merger Date, Buyer shall (or shall cause Merger Sub to) repay or refinance all amounts outstanding under (i) the First Union Agreements and (ii) the 6% Subordinated Note due March 16, 2001 issued by the Company to Panlabs International, Inc., as amended (the "MDS Note").
Repayment of Certain Debt. The Company shall, within thirty ------------------------- (30) days of the Closing, use up to $5 million to repay in full all outstanding indebtedness of the Company for borrowed money stated on Exhibit E; provided, --------- -------- that if and to the extent any such indebtedness may not be prepaid by the Company without prior notice, the Company shall instead (a) within such thirty (30) day period provide the holder thereof with due notice of prepayment setting forth the Company's intent to pay such indebtedness in full after the expiration of the minimum permitted notice period, and (b) to the extent such indebtedness remains outstanding (and has not been converted into equity of the Company or otherwise retired) at the expiration of such notice period, the Company shall repay such indebtedness in full on the date of such expiration. To the extent the Company uses less than $5 million to repay outstanding indebtedness pursuant to this Section 7.1 (e.g. because certain holders of convertible debt convert prior to repayment), the Company will use the remaining funds to offer to repurchase and redeem from financial investors (but not from employees or ex-employees of the Company) outstanding equity securities (or warrants) of the Company in the manner provided for in Section 7.6 (c).
Repayment of Certain Debt. Company shall repay, simultaneous with the issuance of the 1999 Subordinated Indebtedness and the receipt of the proceeds thereof, the Senior Subordinated Bridge Loans and the Junior Subordinated Notes and, to the extent required by this Amendment, Loans.
Repayment of Certain Debt. Lender shall have received documents satisfactory in form and substance to Lender evidencing that the Nationsbank Facility shall have been paid off in full and all obligations thereunder shall have been terminated, including, without limitation, a payoff letter or other documentation satisfactory in form and substance to Lender evidencing the release of any and all Pledged Stock.
