Common use of Mandatory Termination of Commitments Clause in Contracts

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 9 contracts

Samples: Second Lien Credit Agreement (HireRight GIS Group Holdings, LLC), Second Lien Credit Agreement (BrightView Holdings, Inc.), Second Lien Credit Agreement (Focus Financial Partners Inc.)

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Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. The Commitments, if any, for Extended Term Loans shall terminate at 5:00 p.m. (New York City time) on the date of the applicable Extension Amendment. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 3 contracts

Samples: Second Lien Credit Agreement (BrightSpring Health Services, Inc.), Second Lien Credit Agreement (BrightSpring Health Services, Inc.), Second Lien Credit Agreement (BrightSpring Health Services, Inc.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. The Commitments, if any, for Extended Term Loans shall terminate at 5:00 p.m. (New York City time) on the date of the applicable Extension Amendment. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Bountiful Co), First Lien Credit Agreement (Bountiful Co)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate upon the earlier of the funding of the Initial Term Loans or at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 2 contracts

Samples: Credit Agreement (Skillsoft Corp.), Credit Agreement (Skillsoft Corp.)

Mandatory Termination of Commitments. (a) The Initial Tranche B Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 2 contracts

Samples: Credit Agreement (Dollar General Corp), Credit Agreement (Dollar General Corp)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate on the Closing Date upon the Borrowing of the Initial Term Loans. (b) The Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Closing Revolving Credit Maturity Date. (bc) The New Incremental Term Loan Commitment for any Series Commitments shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such SeriesIncremental Term Loan Commitments.

Appears in 2 contracts

Samples: Credit Agreement (Del Frisco's Restaurant Group, Inc.), Credit Agreement (Del Frisco's Restaurant Group, Inc.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments Commitment shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) . The New Amendment No. 1 Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, shall terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.Amendment No. 1

Appears in 1 contract

Samples: Credit Agreement (Evolent Health, Inc.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The Revolving Credit Commitments shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date. (c) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Credit Agreement (Carbonite Inc)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments Commitment shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Credit Agreement (Evolent Health, Inc.)

Mandatory Termination of Commitments. (a) Section 248. The Initial Term Loan Commitments shall terminate upon the earlier of the funding of the Initial Term Loans or at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.. #96533218v9

Appears in 1 contract

Samples: Credit Agreement (Mirion Technologies, Inc.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) . The New Additional Tranche 1 Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, Commitments shall terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such SeriesAmendment No. 1 Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Samson Resources Corp)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate upon the earlier of the funding of the Initial Term Loans or at 5:00 p.m. (New York City time) on the Closing Date. (b) . The New Amendment No. 3 Term Loan Commitment for any Series shallCommitments shall terminate upon the funding, unless otherwise provided in continuation and/or conversion (as applicable) of the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.Amendment No. 3

Appears in 1 contract

Samples: Credit Agreement (Mirion Technologies, Inc.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate upon the earlier of the funding of the Initial Term Loans or at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Credit Agreement (Skillsoft Corp.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Restatement Effective Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Credit Agreement (Academy Sports & Outdoors, Inc.)

Mandatory Termination of Commitments. (a) The Initial Term A Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Revolving Credit Maturity Date. (c) The Incremental Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such SeriesDate.

Appears in 1 contract

Samples: Credit Agreement (European Wax Center, Inc.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments Commitment shall terminate at 5:00 p.m. (New York City time) on the Closing Date. The Amendment No. 1 Term Loan Commitment shall terminate at 5:00 p.m. (New York time) on the Amendment No. 1 Effective Date. (b) The New Term Loan Revolving Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, shall terminate at 5:00 2:00 p.m. (New York City time) on the Increased Amount Date for such SeriesMaturity Date.

Appears in 1 contract

Samples: Credit Agreement (Evolent Health, Inc.)

Mandatory Termination of Commitments. (a) The Initial Total Term Loan Commitments Commitment shall terminate at on the earliest of (i) 5:00 p.m. (New York City time) on May 16, 2011 and (ii) 5:00 p.m. (New York time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Plan Support Agreement (Molecular Insight Pharmaceuticals, Inc.)

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Mandatory Termination of Commitments. (a) The Initial Delayed-Draw Term Loan Commitments Commitment shall terminate at 5:00 p.m. (New York City time) on the Closing Delayed-Draw Termination Date. (b) The New Term Loan Total Revolving Credit Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, shall terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such SeriesMaturity Date.

Appears in 1 contract

Samples: Senior Secured Debtor in Possession Credit Agreement (Energy Future Competitive Holdings Co LLC)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Second Lien Term Loan Credit Agreement (Samson Holdings, Inc.)

Mandatory Termination of Commitments. (axiii) The Initial Total Term Loan Commitments Commitment shall terminate at 5:00 p.m. P.M. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Credit Agreement (Bristol West Holdings Inc)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Credit Agreement (Dollar General Corp)

Mandatory Termination of Commitments. (a) (i) (x) The Initial Tranche A-1 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. Date and (by) The New the Tranche A-2 Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, Commitments shall terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such SeriesTranche A-2 Term Loan Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Panamsat Corp /New/)

Mandatory Termination of Commitments. (a) The Initial Tranche B Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, shall terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Second Lien Credit Agreement (IPC Systems Holdings Corp.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, Revolving Credit Commitments shall terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such SeriesRevolving Credit Maturity Date.

Appears in 1 contract

Samples: First Lien Credit Agreement (HireRight Holdings Corp)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments Commitment shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Revolving Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, shall terminate at 5:00 2:00 p.m. (New York City time) on the Increased Amount Date for such SeriesMaturity Date.

Appears in 1 contract

Samples: Credit Agreement (Evolent Health, Inc.)

Mandatory Termination of Commitments. (a) (i) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment Commitments for any Series shall, unless otherwise provided in the applicable Joinder Agreement, shall terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Term Loan Credit Agreement (McJunkin Red Man Holding Corp)

Mandatory Termination of Commitments. (ai) The Initial Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Closing Date. (b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m. (New York City time) on the Increased Amount Date for such Series.

Appears in 1 contract

Samples: Term Loan Credit Agreement (McJunkin Red Man Holding Corp)

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