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FL » Topics » Departing Bank

This excerpt taken from the FL 8-K filed May 21, 2008.
Departing Bank”) shall, upon the Effective Date, cease to be a Bank party to the Existing Credit Agreement or the Amended Agreement and shall have no further obligations hereunder, (iv) all accrued fees and other amounts payable to the Banks (including any Departing Bank) under the Existing Credit Agreement shall be due and payable on the Effective Date (including fees with respect to Letters of Credit outstanding on the Effective Date), and (v) each Bank and each Departing Bank shall be deemed to have (x) waived the requirement to give notice with respect to the repayment of the Term Loans under the Existing Credit Agreement and (y) consented to, and waived the requirement to give notice of, the termination of the Commitments of the Departing Banks under the Existing Credit Agreement. Each Bank party to the Existing Credit Agreement and each Departing Bank (each an “
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