Existing Credit Agreement Refinancing definition

Existing Credit Agreement Refinancing means payment in full of all principal, interest, fees and other amounts due or outstanding under the Existing Credit Agreement, including the termination of all commitments thereunder and discharge or release of all Guarantees and Liens thereunder.

Existing Credit Agreement Refinancing means the payment in full of all principal, premium, if any, interest, fees and other amounts due or outstanding under the Existing Credit Agreement, the termination of commitments thereunder and the discharge and release of all Guarantees and Liens existing in connection therewith.

Existing Credit Agreement Refinancing means the repayment in full of all principal, interest, fees and other amounts due or outstanding under the Existing Credit Agreements, the termination of all commitments under the Existing Credit Agreements and the termination and release of all guarantees and security in support of the Existing Credit Agreements.

Examples of Existing Credit Agreement Refinancing in a sentence

• Substantially concurrently with the initial Credit Extension on the Effective Date, the Existing Credit Agreement Refinancing shall have been consummated.

• The Existing Credit Agreement Refinancing shall have been consummated, or shall be consummated substantially concurrently with the funding of the initial Credit Extensions on the Closing Date and the Administrative Agent shall have received evidence thereof.

• The proceeds of the Refinancing Term Loans will be used solely to finance, in part, the Existing Credit Agreement Refinancing and the payment of fees and expenses related to the Transactions.

• Use the proceeds of the Credit Extensions only in compliance with (and not in contravention of) applicable Laws and each Loan Document, including for working capital and general corporate purposes (including Permitted Acquisitions) and to consummate the Existing 2024 Notes Repurchase and the Existing Credit Agreement Refinancing and to pay Transaction Expenses.

• Each Lender that was, immediately prior to the occurrence of the Effective Date, a lender under the Existing Credit Agreement hereby waives any right to receive any payment under Section 5.10 of the Existing Credit Agreement arising from the consummation of the Existing Credit Agreement Refinancing.

More Definitions of Existing Credit Agreement Refinancing

Existing Credit Agreement Refinancing means the repayment of all of the outstanding indebtedness (and termination of all commitments) under the Existing Credit Agreement, all as provided in Section 6.05.

Existing Credit Agreement Refinancing means the repayment in full of the Indebtedness of the Borrowers and their Subsidiaries under the Existing Credit Agreement and the termination and release of all commitments, security interests and guarantees in connection therewith.

Existing Credit Agreement Refinancing has the meaning set forth in the recitals hereto.

Existing Credit Agreement Refinancing means the payment in full of all principal, interest, fees and other amounts due or outstanding under the Existing Credit Agreement, the cancellation of all letters of credit issued and outstanding thereunder (other than any such letter of credit designated hereunder as an Existing Letter of Credit or cash collateralized or backstopped in a manner satisfactory to the issuing bank in respect thereof), the termination of all commitments thereunder and discharge or release of all Guarantees thereunder.

Existing Credit Agreement Refinancing means the repayment of all the existing Indebtedness outstanding under the Existing Credit Agreement and the termination of all guarantees and releases of all security interests with respect thereto.

Existing Credit Agreement Refinancing means repayment in full of the Indebtedness and other obligations under, the termination of and the release of guarantees, Liens and security interests in connection with, the Credit Agreement, dated June, 23, 2021 among Ultimate Parent, the Borrower, BR Advisory & Investments, LLC, Nomura Corporate Funding Americas, LLC, as administrative agent thereunder, and Xxxxx Fargo Bank, N.A., as collateral agent thereunder, and the lenders party thereto, as the foregoing may be amended or otherwise modified from time to time.

Existing Credit Agreement Refinancing means the payment in full of all principal, interest, fees and other amounts due or outstanding under the Existing Credit Agreement and the termination of all commitments thereunder and discharge or release of the guarantee thereunder.