Common use of Mandatory Termination of the Facility Clause in Contracts

Mandatory Termination of the Facility. The Facility, unless extended by written amendment, 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.

Mandatory Termination of the Facility. The Facility, unless extended by written amendment, 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. 8.