Common use of Existing Facilities Clause in Contracts

Existing Facilities. The Australian Administrative Agent and the Global Administrative Agent shall have received a certificate, signed by an Authorized Officer of Parent and Borrower, stating that either (i) Parent or its Subsidiaries have repaid in full and terminated the Existing Credit Facilities concurrently with the effectiveness of the Combined Credit Agreements or (ii) the Existing Credit Facilities have been terminated in full prior to the effectiveness of the Combined Credit Agreements.

Appears in 2 contracts

Samples: Syndicated Facility Agreement, Syndicated Facility Agreement (Apache Corp)

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Existing Facilities. The Australian Administrative Agent and the Global Administrative Agent shall have received a certificate, signed by an Authorized Officer of Parent and each Borrower, stating that either (i) Parent or its Subsidiaries have repaid in full and terminated the Existing Global Credit Facilities concurrently with the effectiveness of the Combined Credit Agreements or (ii) the Existing Credit Facilities have been terminated in full prior to the effectiveness of the Combined Credit Agreements.

Appears in 1 contract

Samples: Australian Credit Agreement (Apache Corp)

Existing Facilities. The Australian Administrative Agent and the Global Administrative Agent shall have received a certificate, signed by an Authorized Officer of Parent and each Borrower, stating that either (i) Parent or its Subsidiaries have repaid in full and terminated the Existing Global Credit Facilities concurrently with the effectiveness of the initial Combined Credit Agreements or (ii) the Existing Credit Facilities have been terminated in full prior to the effectiveness of Loans under the Combined Credit Agreements.

Appears in 1 contract

Samples: Australian Credit Agreement (Apache Corp)

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Existing Facilities. The Australian Administrative Agent and the Global Administrative Agent shall have received a certificate, signed by an Authorized Officer of Parent and each Borrower, stating that either (i) Parent or its Subsidiaries have repaid in full and terminated the Existing Global Credit Facilities concurrently with the effectiveness of the Combined Credit Agreements or (ii) the Existing Global Credit Facilities have been terminated in full prior to the effectiveness of the Combined Credit Agreements.

Appears in 1 contract

Samples: Credit Agreement (Apache Corp)

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