Common use of Mandatory Termination of the Commitment Clause in Contracts

Mandatory Termination of the Commitment. The Commitment shall be reduced to zero and terminate on the Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Telco Communications Group Inc), Credit Agreement (Itc Deltacom Inc), Credit Agreement (Itc Deltacom Inc)

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Mandatory Termination of the Commitment. The Commitment shall automatically be reduced to zero and terminate on the Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Pacific Gateway Exchange Inc), Credit Agreement (Pacific Gateway Exchange Inc), Credit Agreement (Qwest Communications International Inc)

Mandatory Termination of the Commitment. The Commitment shall be reduced reduce to zero and terminate on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Telergy Inc /Ny)

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Mandatory Termination of the Commitment. The Commitment shall be reduced reduce to zero and terminate on the First Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Holdings Inc)

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