Refinancing. The Refinancing shall have occurred substantially concurrent with the initial borrowing hereunder.

Refinancing. Substantially concurrently with the initial funding of the Loans hereunder, including by use of the proceeds thereof, the Syneos Refinancing shall be consummated.

Refinancing. Substantially concurrently with the initial funding of the Loans hereunder, including by use of the proceeds thereof, the INC Refinancing and the inVentiv Refinancing shall be consummated.

Refinancing. The Required Refinancing shall have occurred substantially concurrent with the closing of the Acquisition.

Refinancing. The Successor Administrative Agent shall have received evidence that all obligations of each of the Parent and its Subsidiaries and the Target and its Subsidiaries with respect to the Indebtedness being refinanced pursuant to the Refinancing (as defined in the Amended and Restated Credit Agreement) shall have been paid in full, and all commitments, security interests and guaranties in connection therewith shall have been terminated and released. After giving effect to the consummation of the Transaction (as defined in the Amended and Restated Credit Agreement), the Parent and its Subsidiaries shall have no outstanding preferred equity or Indebtedness, except for Indebtedness incurred pursuant to # the Loan Documents, # indebtedness expressly permitted to remain outstanding after the Closing Date pursuant to the Merger Agreement, # during the Existing Target Senior Notes Waiting Period (as defined in the Amended and Restated Credit Agreement), to the extent that the Existing Target Senior Notes (as defined in the Amended and Restated Credit Agreement) have not been repaid as part of the Refinancing (as defined in the Amended and Restated Credit Agreement) and the Existing Target Senior Notes Condition (as defined in the Amended and Restated Credit Agreement) shall have been satisfied, the Existing Target Senior Notes, (iv) (i) the 2018 Senior Notes, if any (as defined in the Amended and Restated Credit Agreement) and/or # the Bridge Facility, if any, (as defined in the Amended and Restated Credit Agreement), # ordinary course capital leases and purchase money indebtedness, in each case that would be permitted under the Amended and Restated Credit Agreement, # from the Restatement Effective Date to April 6, 2018, so long as the Existing Senior Notes Condition shall have been satisfied, the Senior Notes, and # such other existing indebtedness identified to the Arrangers (as defined in the Amended and Restated Credit Agreement) as “surviving debt” prior to the date of the Fee Letter (as defined in the Amended and Restated Credit Agreement) and which is acceptable to the Arrangers (as defined in the Amended and Restated Credit Agreement). If the Existing Target Senior Notes (as defined in the Amended and Restated Credit Agreement) shall not have been repaid in full on or prior to the Acquisition Closing Date, the Existing Target Senior Notes Condition shall have been satisfied.

Refinancing. The Lead Borrower shall have satisfied and discharged, or substantially concurrently with the funding of the 2018 Additional Term Loans will satisfy and discharge (with all liens and guarantees terminated) all Indebtedness to be satisfied and discharged in connection with the 2018 Refinancing.

Refinancing. Substantially concurrently with the initial funding of the Loans hereunder, including by use of the proceeds thereof, the Refinancing shall be consummated.

Refinancing. The Refinancing shall have occurred substantially concurrent with the initial borrowing hereunder.

Refinancing. Substantially concurrently with the initial borrowings under this Agreement, the Refinancing shall have been consummated.

Refinancing. The Refinancing shall have occurred substantially concurrent with the initial borrowing hereunder.