Existing Loan Agreement. The Seller will use the proceeds of the Transactions to pay off in full any indebtedness under the Existing Loan Agreement and will secure the complete and unconditional release by the lender(s) thereunder of all Liens thereunder.
Existing Loan Agreement. Borrowers shall have terminated the Loan Agreement (and any documents executed in connection therewith (other than any document related to the IDRB Letter of Credit)), dated as of December 30, 2003, as amended, between Core Molding and KeyBank, which terminations shall be deemed to have occurred upon payment in full of all of the Indebtedness outstanding thereunder.
Existing Loan Agreement. Each party hereto hereby acknowledge, confirm and agree that: (a) the Existing Loan Agreement has been duly executed and delivered by each party thereto and is in full force and effect as of the date hereof and (b) the agreements and obligations of the parties both thereto and hereto contained in the Existing Loan Agreement (as modified by this Agreement) constitute the legal, valid and binding obligations of such Persons against them in accordance with their respective terms and such Persons have no valid defense to the enforcement of such obligations.
Existing Loan Agreement. There shall occur an Event of Default under (and as defined in) the Existing Loan Agreement.
Existing Loan Agreement. A letter terminating the Loan Agreement between the Company, the Lenders party thereto and LaSalle Bank National Association, as Administrative Agent, dated as of September 14, 2004, as amended (and evidence of the repayment in full of all Debt thereunder).
Existing Loan Agreement. Loan and Security Agreement dated June 2, 1999 between Borrower and Bank, as amended by the Amendment No. 1 to Loan and Security Agreement dated as of March 3, 2000 between Borrower and Bank, as amended by the Joinder and Forbearance Agreement dated September 26, 2000 between Borrower and Bank, as amended by the Amendment to Joinder and Forbearance Agreement dated as of October 31, 2000.
Existing Loan Agreement. Each Borrower and Guarantor hereby acknowledges, confirms and agrees that: (a) the Existing Loan Agreement has been duly executed and delivered by Doe Run and Fabricated Products and is in full force and effect as of Maxxx 00, 0000, (x) xhe Guarantee, dated January 13, 1999, has been duly executed and delivered by Guarantor and is in full force and effect as of January 13, 1999, and (c) the agreements and obligations of Doe Run and Fabricated Products and Guarantor contained in the Existing Loan Agreement constitute the legal, valid and binding obligations of such Borrower and Guarantor enforceable against it in accordance with their respective terms and Borrower and Guarantor each has no valid defense to the enforcement of such obligations and (d) Agent and Lenders are entitled to all of the rights and remedies provided for in the Existing Loan Agreement and the Existing Financing Agreements as assigned to Agent and Lenders by Congress.
Existing Loan Agreement. The Administrative Agent and the Lenders shall have received satisfactory evidence that all amounts owing under the Existing Loan Agreement (including, without limitation, interest, fees and expenses) have been repaid in full.
Existing Loan Agreement. The parties hereto agree that the Existing Loan Agreement is amended and restated in its entirety by this Agreement, but Borrower shall be obligated to pay all fees and other amounts due and owing under the Existing Loan Agreement. Borrower shall have no further right to request loans, letters of credit or other credit accommodations under the Existing Loan Agreement, but rather shall be entitled to the credit accommodations described herein, subject to the terms and conditions of this Agreement and the other Loan Documents.
Existing Loan Agreement. This Agreement amends and restates the Existing Loan Agreement in its entirety.
