Mandatory Termination. In the event that a mandatory prepayment in full of the Advances is required by the Requisite Lenders pursuant to Section 2.06(b) (whether or not there are Advances outstanding), the Commitments of the Lenders shall immediately terminate.
Mandatory Termination. Termination of this contract is mandatory if resident loses eligibility as defined under Item 1, Eligibility.
Mandatory Termination. If the Closing has not occurred by July 7, 1995, this Agreement shall automatically terminate and no longer be of any force or effect.
Mandatory Termination. The Commitments shall terminate on the Termination Date.
Mandatory Termination. 43 Section 2.10. Mandatory Prepayment.................... 44 Section 2.11.
Mandatory Termination. This Agreement shall automatically terminate on the earlier of:
(i) the date the Gas Vendor informs the Gas Distributor in writing that it no longer is operating as a gas vendor in the Gas Distributor’s franchise area;
(ii) the date of revocation, cancellation, transfer or non-renewal of the Gas Vendor’s licence, if applicable, of which the Gas Vendor shall notify the Gas Distributor in writing, if the Gas Vendor’s customers are all low-volume consumers as defined in section 47 of the Act; or
(iii) the date of revocation, cancellation, transfer or non-renewal of the Gas Distributor’s right to distribute gas in the subject franchise area, of which the Gas Distributor shall notify the Gas Vendor in writing.
Mandatory Termination. After the occurrence of a Change of Control, the Lender may, by written notice to the Company at any time on or before the date occurring 120 days after the date the Company notifies the Lender of such Change of Control, terminate the remaining Commitments and all other obligations of the Lender hereunder on the date stated in such notice (which shall in no event be sooner than 120 days after the occurrence of such Change of Control). On the date the Commitments are so terminated, all outstanding Obligations (including, without limitation, all principal of and accrued interest on the Notes) shall forthwith be due and payable without further demand, presentment, protest, or notice of any kind and the Company shall immediately pay to the Lender the full amount then available for drawing under each Letter of Credit, such amount to be held in the Account referred to in Section 8.4 hereof (the Company agreeing to immediately make such payment on the date the Commitments are so terminated and acknowledging and agreeing that the Lender would not have an adequate remedy at law for the failure by the Company to honor any such demand and that the Lender shall have the right to require the Company to specifically perform such undertaking whether or not any drawings or other demands for payment have been made under any Letter of Credit).
Mandatory Termination. Unless sooner terminated pursuant to any other provision of this Section 2.5 or Section 8.2, (i) the Revolving Commitment of each Lender shall be automatically and permanently terminated on its Termination Date and (ii) the obligation of the Swingline Lenders to make Swingline Loans shall be automatically and permanently terminated and reduced to zero on the Swingline Maturity Date.
Mandatory Termination. 41 9.4 Termination..............................................41
Mandatory Termination. This Agreement shall terminate on the earlier of:
(i) the date the Retailer informs the Distributor that it no longer is operating as a retailer in the Distributor’s service territory;
(ii) the date of suspension, revocation, cancellation, or non-renewal of the Retailer’s licence.
