Common use of Automatic Termination at Maturity Clause in Contracts

Automatic Termination at Maturity. The Revolving Commitments of the Lenders and the LC Commitments of the Issuing Lenders shall terminate automatically on the Maturity Date. The Swingline Commitment of the Swingline Lender shall terminate automatically on the Swingline Termination Date.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Worthington Industries Inc), Revolving Credit Agreement (Carpenter Technology Corp), Revolving Credit Agreement (Carpenter Technology Corp)

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Automatic Termination at Maturity. The Revolving Commitments of the Lenders and the LC Commitments of the Issuing Lenders shall terminate automatically on the Maturity Date. The Swingline Commitment of the Swingline Lender shall terminate automatically on the Swingline Termination Date.

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Worthington Industries Inc)

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