Common use of Mandatory Termination of Commitment Clause in Contracts

Mandatory Termination of Commitment. The Commitment shall terminate on the Termination Date and any Loans then outstanding (together with accrued interest thereon) shall be due and payable on such date.

Appears in 2 contracts

Samples: Credit Agreement (Hancock Fabrics Inc), Credit Agreement (Atlantic American Corp)

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Mandatory Termination of Commitment. The Commitment shall terminate ----------------------------------- on the earlier of (i) the Termination Date Date, and (ii) the date of termination pursuant to Section 6.1. Upon any termination of the Commitment, any Revolving Loans then outstanding (together with accrued interest thereonthereon and any fees relating thereto) shall be due and payable on such date.

Appears in 1 contract

Samples: Credit Agreement (Certegy Inc)

Mandatory Termination of Commitment. The Commitment Commitments shall terminate on the Termination Date Date, and any Loans then outstanding (together with accrued interest thereon) shall be due and payable on such date.

Appears in 1 contract

Samples: Credit Agreement (Corporate Realty Consultants Inc)

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Mandatory Termination of Commitment. The Commitment shall terminate on the Termination Maturity Date and any Loans then outstanding (together with accrued interest thereon) shall be due and payable on such date.

Appears in 1 contract

Samples: Facility Agreement (Dey Inc)

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