Paid In Full In Cash definition
Paid In Full In Cash meanss (i) the irrevocable and indefeasible payment in full in cash of all principal, interest (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all Loans outstanding under this Agreement, (ii) the payment in full in cash or posting of cash collateral in respect of all other obligations or amounts that are outstanding under this Agreement, including the posting of the cash collateral for outstanding Letters of Credit as required by the terms of this Agreement, (iii) the expiration or termination of all Commitments, (iv) payment in full in cash of all amounts due and owing (or posting of acceptable collateral in respect of all such obligations) under each Bank Products Agreement giving rise to Secured Obligations, and (v) payment in full in cash of all amounts due and owing (or posting of acceptable collateral in respect of all such obligations) under, or the novation or termination of, each Swap Agreement giving rise to any Secured Obligations.
Paid In Full In Cash means (a) the irrevocable and indefeasible payment in full in cash of all principal, interest (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all Loans outstanding under the Credit Agreement, (b) the payment in full in cash or posting of cash collateral in respect of all other obligations or amounts that are outstanding under the Credit Agreement, including the posting of the cash collateral for outstanding Letters of Credit as required by the terms of the Credit Agreement, and (c) the termination of all Commitments under the Credit Agreement.
Paid In Full In Cash means (i) the irrevocable and indefeasible payment in full in cash of all principal, interest (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all advances outstanding under the Purchase Agreement, Note or other Transaction Documents, (ii) the payment in full in cash or posting of cash collateral in respect of all other obligations or amounts that are outstanding under the Purchase Agreement, Note or other Transaction Documents and (iii) the termination of all obligations for additional advances under the Purchase Agreement, Note and other Transaction Documents.
Examples of Paid In Full In Cash in a sentence
The obligations of the Borrower under this Section 8.14(e) shall remain in full force and effect until the Secured Obligations are Paid In Full In Cash.
The power of attorney granted to the Mortgagee in this Section 3.01, being coupled with an interest, shall be irrevocable until the Secured Obligations have been Paid In Full In Cash.
The grant of a security interest hereunder and all of rights, powers and remedies in connection herewith shall remain in full force and effect until the Secured Obligations are Paid In Full In Cash, at which time such security interests shall automatically terminate.
The Trustor will warrant and defend the title to the Collateral against the claims and demands of all other Persons whomsoever and will maintain and preserve the Lien created hereby (and its priority) until the Secured Obligations shall be Paid In Full In Cash.
If (i) all Secured Obligations shall be Paid In Full In Cash or (ii) all the Stock of the Trustor is sold pursuant to a transaction permitted by the Credit Agreement, the Mortgagee shall forthwith cause satisfaction and discharge of this Deed of Trust to be entered upon the record at the expense of the Trustor and shall execute and deliver or cause to be executed and delivered such instruments of satisfaction and reassignment as may be appropriate.
More Definitions of Paid In Full In Cash
Paid In Full In Cash means (a) the payment in full in cash of all principal, interest (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all Loans outstanding under this Agreement, (b) the payment in full in cash or posting of cash collateral in respect of all other obligations or amounts that are outstanding under this Agreement (other than any contingent indemnification or other reimbursement obligation for which no claim has been made), including the posting of the cash collateral for outstanding Letters of Credit as required by the terms of this Agreement, (c) the expiration or termination of all Commitments, (d) payment in full in cash of all amounts due and owing (or posting of acceptable collateral in respect of all such obligations) under each Bank Products Agreement giving rise to Secured Obligations, and (e) payment in full in cash of all amounts due and owing (or posting of acceptable collateral in respect of all such obligations) under, or the novation or termination of, each Swap Agreement giving rise to any Secured Obligations.
Paid In Full In Cash means (i) the irrevocable and indefeasible payment in full in cash of all principal, interest (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all Loans outstanding under the Loan Agreement, (ii) the payment in full in cash or posting of cash collateral in respect of all other obligations or amounts that are outstanding under the Loan Agreement (other than contingent indemnification obligations for which no claim has been made).
Paid In Full In Cash means (i) the irrevocable and indefeasible payment in full in cash of all principal, interest (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on (A) all Loans outstanding under the Credit Agreement, (B) all Notes outstanding under the Indenture and (C) all other Indebtedness included in the Additional Secured Obligations, (ii) the payment in full in cash of all other obligations or amounts that are outstanding under the Credit Agreement or the Indenture or in respect of Additional Secured Obligations and (iii) the termination of all Commitments under the Credit Agreement.
Paid In Full In Cash means (a) the irrevocable and indefeasible payment in full in cash of all principal, interest
Paid In Full In Cash means (a) the payment in full in cash of all principal, interest (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all Loans outstanding under the Credit Agreement, (b) the payment in full in cash or posting of cash collateral in respect of all other obligations or amounts that are outstanding under the Credit Agreement (other than any contingent indemnification or reimbursement obligation for which no claim has been made), including the posting of the cash collateral for outstanding Letters of Credit as required by the terms of the Credit Agreement, (c) the expiration or termination of all Commitments under the Credit Agreement, (d) payment in full in cash of all amounts due and owing (or posting of acceptable collateral in respect of all such obligations) under each Bank Products Agreement giving rise to Secured Obligations, and (e) payment in full in cash of all amounts due and owing (or posting of acceptable collateral in respect of all such obligations) under, or the novation or termination of, each Swap Agreement giving rise to any Secured Obligations.
Paid In Full In Cash means (i) the irrevocable and indefeasible payment in full in cash of all principal, interest (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all Combined Loans outstanding under the Credit Agreement and U.S. Credit Agreement, (ii) the payment in full in cash or posting of cash collateral in respect of all other obligations or amounts that are outstanding under the Credit Agreement and U.S. Credit Agreement, including the posting of the cash collateral for outstanding Combined Letters of Credit as required by the terms of the Credit Agreement and U.S. Credit Agreement, (iii) the termination of the Combined Commitments under the Credit Agreement and U.S. Credit Agreement, (iv) payment in full in cash of all amounts due and payable under Bank Products Obligations and (v) payment in full in cash of all amounts due and payable under each Swap Agreement with a Secured Swap Party.”
Paid In Full In Cash means (i) the payment in full in cash of all principal, interest (including interest accruing during the pendency of an insolvency or liquidation proceeding, regardless of whether allowed or allowable in such insolvency or liquidation proceeding) and premium, if any, on all Second Lien Notes outstanding under the Indenture and (ii) the payment in full in cash or posting of cash collateral in respect of all other obligations or amounts that are outstanding under the Indenture (other than amounts in respect of indemnification, expense, reimbursement or tax gross-up for which no claim has been made).