Common use of Termination of Existing Credit Agreement Clause in Contracts

Termination of Existing Credit Agreement. In connection with the delivery of evidence of termination of the Existing Credit Agreement required as a condition to the effectiveness of this Agreement pursuant to Section 4.01(a)(x), each of the Lenders, upon delivery of such evidence, in its capacity as a Lender under the Existing Credit Agreement, waives any notice requirement under the Existing Credit Agreement with which the Borrowers would otherwise be obligated to comply in order to terminate the Existing Credit Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Toro Co), Credit Agreement (Toro Co), Credit Agreement (Toro Co)

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Termination of Existing Credit Agreement. In connection with the delivery of evidence of termination of Lenders which are parties to the Existing Credit Agreement required (and which constitute “Required Lenders” under and as a condition to defined in the effectiveness of this Agreement pursuant to Section 4.01(a)(x), each of Existing Credit Agreement) hereby waive any advance notice requirement for terminating the Lenders, upon delivery of such evidence, in its capacity as a Lender commitments under the Existing Credit Agreement, waives any notice requirement under and the Borrowers and the applicable Lenders agree that the Existing Credit Agreement with and the commitments thereunder shall be terminated on the date hereof (except for any provisions thereof which the Borrowers would otherwise be obligated to comply in order to terminate the Existing Credit Agreementby their terms survive termination thereof).

Appears in 2 contracts

Samples: Credit Agreement (Amphenol Corp /De/), Credit Agreement (Amphenol Corp /De/)

Termination of Existing Credit Agreement. In connection with the delivery of evidence of termination of The Lenders which are parties to the Existing Credit Agreement required as a condition to hereby waive the effectiveness of this Agreement pursuant to Section 4.01(a)(x), each of the Lenders, upon delivery of such evidence, notice requirement set forth in its capacity as a Lender under the Existing Credit Agreement, waives any notice requirement Agreement for terminating the commitments under the Existing Credit Agreement with which the Borrowers would otherwise be obligated to comply in order to terminate and agree that the Existing Credit AgreementAgreement shall be terminated on the Closing Date (except for any provisions thereof which by their terms survive termination thereof).

Appears in 1 contract

Samples: Assignment and Assumption (Aflac Inc)

Termination of Existing Credit Agreement. In connection with By joining in the execution and delivery of evidence this Agreement, each of termination of the Lenders who is a party to the Existing Credit Agreement required as a condition to the effectiveness of this Agreement pursuant to Section 4.01(a)(x), each hereby irrevocably waives all requirements for prior notice of the Lenders, upon delivery termination of such evidence, in its capacity as a Lender under respective commitments thereunder and hereby agrees with the Existing Credit Agreement, waives any notice requirement under Borrower that the Existing Credit Agreement shall terminate on the effective date of this Agreement provided for in Section 11.9 and shall be of no further force or effect thereafter (except for any indemnification provisions thereof which shall survive in accordance with which the Borrowers would otherwise be obligated to comply in order to terminate the Existing Credit Agreementterms of such agreement).

Appears in 1 contract

Samples: Credit Agreement (Dimon Inc)

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Termination of Existing Credit Agreement. In connection with the delivery of evidence of termination of the The Existing Credit Agreement required as a condition shall have terminated by written notice from Borrower to the effectiveness of this Agreement pursuant to Section 4.01(a)(x), each Administrative Agent. Each of the Lenders, upon delivery of such evidence, in its capacity as Lenders hereunder that is a Lender under the Existing Credit Agreement, Agreement hereby waives any notice the requirement under set forth in Section 2.4 of the Existing Credit Agreement with which that Borrower provide three (3) Business Days prior to prepayment of the Borrowers would otherwise Loans thereunder. The waiver set forth herein is limited as provided herein and shall not be obligated deemed to comply in order be a waiver or consent to terminate any deviation from the Existing Credit Agreementterms of this Agreement or the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Trammell Crow Co)

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