Common use of Financings and Other Transactions Clause in Contracts

Financings and Other Transactions. The Administrative Agent shall be satisfied that, prior to or substantially concurrently with the initial extensions of credit hereunder (i) the Borrowers shall have received not less than $500,000,000 of gross proceeds from the issuance and sale of the New Senior Notes and (ii) the Refinancing shall be consummated.

Financings and Other Transactions. The Administrative Agent shall be satisfied that, prior to or substantially concurrently with the initial extensions of credit hereunder (i) the Borrowers shall have received not less than $500,000,000 of gross proceeds from the issuance and sale of the New Senior Notes (as defined in this Agreement immediately prior to the Amendment No. 6 Effective Date) and (ii) the Refinancing (as defined in this Agreement immediately prior to the Amendment No. 6 Effective Date) shall be consummated.