Common use of Expiration or Termination of the Commitments Clause in Contracts

Expiration or Termination of the Commitments. Unless extended in writing or terminated earlier in accordance with this Agreement, the Lenders’ Commitments to lend under this Agreement and the other Facilities Papers (including JPMorgan’s Swing Line Commitment) shall automatically expire at the close of business on the Termination Date, without any requirement for notice or any other action by the Agent, any of the Lenders or any other Person.

Appears in 4 contracts

Samples: Assignment and Assumption, Credit Agreement (Homebanc Corp), Credit Agreement (Homebanc Corp)

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Expiration or Termination of the Commitments. Unless extended in writing or terminated earlier in accordance with this Agreement, the Lenders’ Commitments to lend under this Agreement and the other Facilities Papers (including JPMorgan’s Swing Line Commitment, if any) shall automatically expire at the close of business on the Termination Date, without any requirement for notice or any other action by the Agent, any of the Lenders or any other Person.

Appears in 1 contract

Samples: Credit Agreement (E Loan Inc)

Expiration or Termination of the Commitments. Unless extended in writing or terminated earlier in accordance with this Agreement, the Lenders' Commitments to lend under this Agreement and the other Facilities Papers (including JPMorgan’s Chase's Swing Line Commitmentcommitment) shall automatically expire at the close of business on the Termination Date, without any requirement for notice or any other action by the Agent, any of the Lenders or any other Person.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (American Business Financial Services Inc /De/)

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Expiration or Termination of the Commitments. Unless extended in writing or terminated earlier in accordance with this Agreement, the Lenders' Commitments to lend under this Agreement and the other Facilities Papers (including JPMorgan’s 's Swing Line Commitment, if any) shall automatically expire at the close of business on the Termination Date, without any requirement for notice or any other action by the Agent, any of the Lenders or any other Person.

Appears in 1 contract

Samples: Credit Agreement (Sunset Financial Resources Inc)

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