Senior Credit Termination

Example Definitions of "Senior Credit Termination"
Senior Credit Termination. The date upon which (a) the indebtedness, obligations and liabilities of the Maker (other than contingent obligations with respect thereto for which no claims have been asserted) under the Senior Credit Agreement and the Loan Documents (as defined in the Senior Credit Agreement) are paid and satisfied in full in cash and (b) all commitments of the Lenders to extend financial accommodations with respect to the Senior Credit Facility have been terminated
Senior Credit Termination. The date upon which (a) the indebtedness, obligations and liabilities of the Maker and Stratos Management Systems, Inc. (other than contingent obligations with respect thereto for which no claims have been asserted) thereto) under the Senior Credit Agreement and the Loan Documents (as defined in the Senior Credit Agreement) are paid and satisfied in full in cash and (b) all commitments of the Lenders Bank to extend financial accommodations with respect to the Senior Credit Facility have been... terminated View More
View Variations
Senior Credit Termination. The date upon which (a) the Senior Indebtedness (other than contingent obligations with respect thereto) are satisfied in full and (b) all commitments of Senior Lender to extend financial accommodations with respect to the Senior Credit Facility have been terminated
All Definitions