Payment in Full

Payment in Full. Shall mean the indefeasible payment and satisfaction in full in immediately available funds of all of the Senior Debt and the termination of the financing arrangements provided by Senior Creditors to Borrower and Guarantors (but not including for this purpose the refinancing or replacement of the Senior Creditors). If after receipt of any payment of, or proceeds of collateral applied to the payment of, any of the Senior Debt, Senior Creditor Agent or any Senior Creditor is required to surrender... or return such payment or proceeds to any person for any reason, then the Senior Debt intended to be satisfied by such payment or proceeds shall be reinstated and continue and this Subordination Agreement shall continue in full force and effect as if such payment or proceeds had not been received by Senior Creditor Agent or such Senior Creditor, as the case may be. View More

Payment in Full. The indefeasible payment in full in cash of the Senior Debt and the termination of the Senior Credit Agreement.

Payment in Full. Shall mean the occurrence of all of the following events: (i) the Commitment has expired or been terminated, (ii) all Obligations have been paid in full in cash in accordance with Section 1.02(d) of the Letter of Credit Agreement and all Pre-Petition Liabilities have been paid in full in cash in accordance with Section 1.02(d) of the Pre-Petition Credit Agreement, (iii) all Letters of Credit (including, without limitation, all Pre-Petition Letters of Credit) have terminated and have been... reduced to zero and fifteen days have elapsed after the expiry date with no drawing or other presentment having been made, and (iv) all Unreimbursed Amounts shall have been paid in full in cash. View More

Payment in Full. The payment in full in cash of all Obligations (other than contingent indemnification obligations and other obligations not then payable which expressly survive termination, in any such case, not then due and payable and as to which no claim has been asserted) or such other treatment thereof in accordance with the terms of the Final Financing Order and Schedule 6.27 to the DIP Credit Agreement (whether or not the DIP Credit Agreement is still in effect at such time).

Payment in Full. Or "paid in full" when used in respect of any Senior Debt, means such time as the Senior Noteholders have no further commitments to lend and the obligations (other than contingent indemnification obligations not yet due and payable) have been paid in full in cash