Common use of Mandatory Termination or Reduction of Commitments Clause in Contracts

Mandatory Termination or Reduction of Commitments. (a) The Revolving Credit Commitment shall terminate at 5:00 p.m. on the Revolving Credit Maturity Date.

Appears in 5 contracts

Samples: Credit Agreement (Vistra Energy Corp.), Credit Agreement (Vistra Energy Corp.), Junior Lien Intercreditor Agreement (Vistra Energy Corp)

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Mandatory Termination or Reduction of Commitments. (a) The Revolving Credit Commitment shall terminate at 5:00 p.m. on the Revolving Credit Maturity Date. The Specified Revolving L/C Commitment of each Revolving L/C Issuer shall terminate on the Revolving L/C Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Talen Energy Corp), Credit Agreement (Talen Energy Corp)

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Mandatory Termination or Reduction of Commitments. (a) The Total Revolving Credit Commitment (and the Revolving Credit Commitment of each Lender with such a Commitment), the Term Letter of Credit Commitment shall terminate at 5:00 p.m. on the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Security Agreement (Energy Future Competitive Holdings Co LLC)

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