Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 11 contracts
Samples: Credit Agreement (Travel & Leisure Co.), Credit Agreement (Wyndham Hotels & Resorts, Inc.), Credit Agreement (Wyndham Destinations, Inc.)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 11 contracts
Samples: Credit Agreement (Shoals Technologies Group, Inc.), Credit Agreement (Shoals Technologies Group, Inc.), Credit Agreement (Frontier Communications Parent, Inc.)
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 10 contracts
Samples: Credit Agreement, Third Incremental Term Facility Amendment (Sabre Corp), Credit Agreement (Pinnacle Foods Inc.)
Mandatory. The Initial Term B Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of the Initial Term Loans to be made by such Term Lender’s Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments of each Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 8 contracts
Samples: Credit Agreement (Signify Health, Inc.), Credit Agreement (Signify Health, Inc.), Credit Agreement (Signify Health, Inc.)
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making of such Term Lender’s the Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate be automatically and permanently reduced to $0 on the Revolver Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoto such Tranche.
Appears in 6 contracts
Samples: Amendment No. 1 (Black Knight, Inc.), Credit and Guaranty Agreement (Black Knight, Inc.), Credit and Guaranty Agreement
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 5 contracts
Samples: Syndicated Facility Agreement (A.K.A. Brands Holding Corp.), Credit Agreement (Casella Waste Systems Inc), Credit Agreement (Casa Systems Inc)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Tranche 1 Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Tranche 2 Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 4 contracts
Samples: Libor Hardwire Transition Amendment (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01 on the Closing Date. The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 4 contracts
Samples: Specified Acquisition Loan Joinder (Casella Waste Systems Inc), Credit Agreement (Casella Waste Systems Inc), Credit Agreement (Casella Waste Systems Inc)
Mandatory. The Initial Term B Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)) on the Closing Date. The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 3 contracts
Samples: Credit Agreement (ServiceTitan, Inc.), Credit Agreement (ServiceTitan, Inc.), Credit Agreement
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term B Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 3 contracts
Samples: Credit Agreement (KORE Group Holdings, Inc.), Credit Agreement (KORE Group Holdings, Inc.), Credit Agreement (King Pubco, Inc.)
Mandatory. The Initial Term B Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making of such Term Lender’s the Initial Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate be automatically and permanently reduced to $0 on the Initial Revolver Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoto such Class.
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (Latham Group, Inc.), Credit and Guaranty Agreement (Latham Group, Inc.), Credit and Guaranty Agreement (Latham Group, Inc.)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such Term Lender’s the Initial Term Loans pursuant to Section 2.01(a)be made by it on the Closing Date. The Revolving Credit Commitments Commitment shall automatically and permanently terminate on the Maturity Date therefor. The Extended with respect to the Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitments.
Appears in 3 contracts
Samples: Credit Agreement (Red Lion Hotels CORP), Credit Agreement (Red Lion Hotels CORP), Credit Agreement (Hilton Grand Vacations Inc.)
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor such Facility.
Appears in 3 contracts
Samples: Credit Agreement (Travelport LTD), Credit Agreement (Orbitz Worldwide, Inc.), Credit Agreement (Orbitz Worldwide, Inc.)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Term B-1 Commitment of each Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Term B-1 Lender’s Term B-1 Loans pursuant to Section 2.01(b). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 2 contracts
Samples: Refinancing and Incremental Facility Amendment (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp)
Mandatory. The Term B A Commitment of each Term A Lender shall be automatically and permanently reduced to $0 upon the making of such Term A Lender’s Term Loans pursuant to Section Section 2.01(a). The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments and any Additional Incremental Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Phibro Animal Health Corp), Credit Agreement (Phibro Animal Health Corp)
Mandatory. The Subject to Section 2.16, the Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making funding of such Term Lender’s the Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate be automatically and permanently reduced to $0 on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 2 contracts
Samples: Credit Agreement (Fidelity National Information Services, Inc.), Credit Agreement (Fidelity National Information Services, Inc.)
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a2.01(a)(i). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 2 contracts
Samples: Credit Agreement (Freescale Semiconductor Holdings I, Ltd.), Credit Agreement (Freescale Semiconductor Inc)
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a) or 2.01(b), as applicable. The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates date applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Yum Brands Inc), Credit Agreement (Yum Brands Inc)
Mandatory. The Initial Term B Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of the Initial Term Loans to be made by such Term Lender’s Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments of each Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended applicable to such Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitments.
Appears in 1 contract
Samples: First Lien Credit Agreement (Jason Industries, Inc.)
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a2.01(a)(i) or 2.01(a)(ii). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 1 contract
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a2.01(a)(i). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacilities.
Appears in 1 contract
Mandatory. The Initial Term B Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01 on the Acquisition Closing Date. The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 1 contract
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 1 contract
Samples: First Lien Credit Agreement (SMART Technologies Inc.)
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 zero upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacility.
Appears in 1 contract
Mandatory. The Initial Term B Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)) on the Closing Date. The Revolving Commitments of each Revolving Credit Commitments Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitment Termination Date.
Appears in 1 contract
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate on the applicable Maturity Date thereforfor each such Facility. The Extended Revolving Credit All Commitments and any Additional Revolving Credit Commitments hereunder shall terminate at 6:00 p.m. on the respective maturity dates applicable theretoClosing Date if no Term Loans hereunder have been borrowed by such time.
Appears in 1 contract
Samples: Credit Agreement (SoulCycle Inc.)
Mandatory. The Term B Commitment of each Term B Lender shall be automatically and permanently reduced to $0 upon the making of such Term B Lender’s Term Loans pursuant to to
Section 2.01(a2.01 (b). The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Epicor International Holdings, Inc.)
Mandatory. The Initial Term B Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of the Initial Term Loans to be made by such Term Lender’s Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments of each Revolving Credit Lender and Swing Line Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 1 contract
Samples: Credit Agreement (Blucora, Inc.)
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section Sections 2.01(a) and 2.01(b). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 1 contract
Mandatory. The Term B Initial Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a2.01(a)(i). The Delayed Draw Term Commitments shall terminate on the Delayed Draw Term Commitment Expiration Date. The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacilities.
Appears in 1 contract
Samples: Credit Agreement (Alltel Corp)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Initial Term Loans pursuant to Section 2.01(a2.01(c). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the applicable Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacility.
Appears in 1 contract
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (MARRIOTT VACATIONS WORLDWIDE Corp)
Mandatory. The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacilities.
Appears in 1 contract
Samples: Credit Agreement (Axcan Intermediate Holdings Inc.)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01. The Unless earlier terminated in accordance with Section 2.06(a) or Section 8.02, the Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 1 contract
Mandatory. The Subject to Section 2.14, the Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making funding of such Term Lender’s the Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments Commitment shall terminate be automatically and permanently reduced to $0 on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 1 contract
Samples: Credit Agreement (Fidelity National Financial Inc /De/)
