Common use of Mandatory Termination of Commitments Clause in Contracts

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (b) The Delayed Draw Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (i) The 2013 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2013 Revolving Credit Maturity Date, (ii) the 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (e) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (f) 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 7 contracts

Samples: Joinder Agreement (First Data Corp), Joinder Agreement (First Data Corp), Joinder Agreement (First Data Corp)

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Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (b) The Delayed Draw Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (d) (i) The 2013 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2013 Revolving Credit Maturity Date, Date and (ii) the 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (e) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (f) 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 6 contracts

Samples: Credit Agreement (First Data Corp), Credit Agreement (First Data Corp), Credit Agreement (First Data Corp)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (b) The Delayed Draw Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (i) The 2013 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2013 Revolving Credit Maturity Date, (ii) the 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (e) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (f) 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 4 contracts

Samples: Joinder Agreement (First Data Corp), Joinder Agreement (First Data Corp), Joinder Agreement (First Data Corp)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (b) The Delayed Draw Tranche B-1 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Amendment No. 1 Effective Date. The Commitments, if any, for Extended Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (i) The 2013 Revolving Credit Commitment Loans shall terminate at 5:00 p.m. (New York City time) on the 2013 date of the applicable Extension Amendment. (b) The Revolving Credit Maturity Date, (ii) the 2016 Revolving Credit Commitment Commitments shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (e) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (fc) 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. (d) The 2020 Letter of Credit Commitments shall terminate at 5:00 p.m. (New York City time) on the 2020 L/C Facility Maturity Date. (e) The Tranche B-2 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 3 Effective Date. (f) The Initial Tranche B-3 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 4

Appears in 2 contracts

Samples: First Lien Credit Agreement (BrightSpring Health Services, Inc.), Joinder Agreement and Amendment No. 6 (BrightSpring Health Services, Inc.)

Mandatory Termination of Commitments. 147- #96562806v11 (a) The Total Initial Term Loan Commitments terminated at 5:00 p.m. (New York City time) on Commitment shall terminate upon the Original occurrence of the Closing Date. (b) The Delayed Draw Total 2022 Incremental Term Loan Commitments Commitment shall terminate at 5:00 p.m. (New York City time) on upon the Delayed Draw Term Loan Maturity occurrence of the 2022 Incremental Agreement Effective Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (i) The 2013 Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2013 Revolving Credit Maturity Date, (ii) the 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (ed) The Swingline Commitment Commitments shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (fe) The New Incremental Term Loan Commitment for any Series Class shall, unless otherwise provided in the applicable Joinder Agreementdocumentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) on the Increased Amount Incremental Facility Closing Date for such SeriesClass. (f) The Additional/Replacement Revolving Credit Commitment for any Class shall terminate at 5:00 p.m. (New York City time) on the maturity date for such Class specified in the documentation governing such Class. (g) The Extended Loan/Commitment for any Extension Series shall terminate at 5:00 p.m. (New York City time) on the maturity date for such Class specified in the Extension Agreement.

Appears in 1 contract

Samples: Credit Agreement (Snap One Holdings Corp.)

Mandatory Termination of Commitments. (a) The Total2017 Initial Tranche A Term Loan Commitments terminated Commitment and Total Initial Tranche B Term Loan Commitment shall each terminate at 5:00 p.m. (New York City time) time)each terminated on the Original Closing Date. (b) The Delayed Draw Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (i) The 2013 Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2013 Revolving Credit Maturity Date, (ii) the 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (ec) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (fd) The New Incremental Term Loan Commitment for any Series Class shall, unless otherwise provided in the applicable Joinder Agreementdocumentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) on the Increased Amount Incremental Facility Closing Date for such SeriesClass. (e) The Additional/Replacement Revolving Credit Commitment for any Class shall terminate at 5:00 p.m. (New York City time) on the maturity date for such Class specified in the documentation governing such Class. (f) The Extended Loan/Commitment for any Extension Series shall terminate at 5:00 p.m. (New York City time) on the maturity date for such tranche specified in the Extension Agreement. (g) The Total 2019 Extended Tranche A Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on Amendment No. 2 Effective Date.

Appears in 1 contract

Samples: Second Amendment, Extension and Incremental Assumption Agreement (LPL Financial Holdings Inc.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (b) The Delayed Draw Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (i) The 2013 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2013 Revolving Credit Maturity Date, Date and (ii) the 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (e) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (f) 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: Joinder Agreement (First Data Corp)

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Mandatory Termination of Commitments. (a) The 2017 Initial Tranche A Term Loan Commitments Commitment and Total Initial Tranche B Term Loan Commitment each terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (ba) The Delayed Draw Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (i) The 2013 Total Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2013 Revolving Credit Maturity Date, (ii) the 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (eb) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (fc) The New Incremental Term Loan Commitment for any Series Class shall, unless otherwise provided in the applicable Joinder Agreementdocumentation governing such Incremental Term Loan Commitment, terminate at 5:00 p.m. (New York City time) on the Increased Amount Incremental Facility Closing Date for such SeriesClass. (d) The Additional/Replacement Revolving Credit Commitment for any Class shall terminate at 5:00 p.m. (New York City time) on the maturity date for such Class specified in the documentation governing such Class. (e) The Extended Loan/Commitment for any Extension Series shall terminate at 5:00 p.m. (New York City time) on the maturity date for such tranche specified in the Extension Agreement. (f) The Total 2019 Extended Tranche A Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on Amendment No. 2 Effective Date.

Appears in 1 contract

Samples: Third Amendment, Extension and Incremental Assumption Agreement (LPL Financial Holdings Inc.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (b) The Delayed Draw Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (d) (i) The 2013 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2013 Revolving Credit Maturity DateDate and, (ii) the 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date Date. and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (e) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (f) 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 (First Data Corp)

Mandatory Termination of Commitments. (a) The Initial Closing Date Term Loan Commitments Commitment terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (b) The Delayed Draw Term Loan Commitments shall terminate Commitment terminated at 5:00 p.m. (New York City time) on the Delayed Draw Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (i) The Series 2013 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Series 2013 Revolving Credit Maturity Date, . (iid) the The Series 2016 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the Series 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (e) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (f) 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. (g) The Series 2018 Extended Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Restatement Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Laureate Education, Inc.)

Mandatory Termination of Commitments. (a) The Initial Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (b) The Delayed Draw Tranche B-1 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Delayed Draw Amendment No. 1 Effective Date. The Commitments, if any, for Extended Term Loan Maturity Date. (c) The Original Euro Tranche Term Loan Commitments terminated at 5:00 p.m. (New York City time) on the Original Closing Date. (d) (i) The 2013 Revolving Credit Commitment Loans shall terminate at 5:00 p.m. (New York City time) on the 2013 date of the applicable Extension Amendment. (b) The Revolving Credit Maturity Date, (ii) the 2016 Revolving Credit Commitment Commitments shall terminate at 5:00 p.m. (New York City time) on the 2016 Revolving Credit Maturity Date and (iii) the 2020 Revolving Credit Commitment shall terminate at 5:00 p.m. (New York City time) on the 2020 Revolving Credit Maturity Date, in each case of clauses (i), (ii) and (iii), unless earlier terminated by the Borrower pursuant to Section 4.2. (e) The Swingline Commitment shall terminate at 5:00 p.m. (New York City time) on the Swingline Maturity Date. (fc) 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. (d) The 2020 Letter of Credit Commitments shall terminate at 5:00 p.m. (New York City time) on the 2020 L/C Facility Maturity Date. (e) The Tranche B-2 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 3 Effective Date. (f) The Initial Tranche B-3 Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 4 Effective Date. (g) The Amendment No. 5 Incremental Term Loan Commitments shall terminate at 5:00 p.m. (New York City time) on the Amendment No. 5

Appears in 1 contract

Samples: Joinder Agreement and Amendment No. 5 (BrightSpring Health Services, Inc.)

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