Common use of Mandatory Termination of Commitment Clause in Contracts

Mandatory Termination of Commitment. The Commitment shall automatically terminate on the last day of the Facility Period and any Loans then outstanding (together with accrued interest thereon and any other amounts owing hereunder) shall be due and payable on such date.

Appears in 19 contracts

Samples: Facility Agreement (Usaa Investment Trust), Facility Agreement (Usaa Tax Exempt Fund Inc), Facility Agreement (Usaa State Tax Free Trust)

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Mandatory Termination of Commitment. The Commitment shall automatically terminate on the last day of the Facility Period and any Loans then outstanding (together with TOGETHER WITH accrued interest thereon and any other amounts owing hereunder) shall be due and payable on such date.

Appears in 3 contracts

Samples: Transfer Agency Agreement (Usaa Investment Trust), Transfer Agency Agreement (Usaa Tax Exempt Fund Inc), Transfer Agency Agreement (Usaa State Tax Free Trust)

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