Reduction of the Commitment Amounts. The Lenders’ Initial Term Loan Commitment amount shall automatically and permanently be reduced to zero on the Closing Date.
Appears in 2 contracts
Samples: Credit, Security and Guaranty Agreement (Alphatec Holdings, Inc.), Credit, Security and Guaranty Agreement (Alphatec Holdings, Inc.)
Reduction of the Commitment Amounts. The Lenders’ Initial Term Loan Commitment amount Amount shall automatically and permanently be reduced to zero immediately after the making of the Loan on the Closing Date.
Appears in 2 contracts
Samples: Credit Agreement (Alliqua BioMedical, Inc.), Credit Agreement (Alliqua BioMedical, Inc.)
Reduction of the Commitment Amounts. The Lenders’ Initial Term Loan Commitment amount Amount shall automatically and permanently be reduced to zero on the earlier of the Closing Date (after the funding of the Loan) and the Termination Date.
Appears in 1 contract
Reduction of the Commitment Amounts. The Lenders’ Initial Term Loan Commitment amount Amount shall automatically and permanently be reduced to zero immediately after the making of the Additional Loan on the Second Closing Effective Date.
Appears in 1 contract
Reduction of the Commitment Amounts. The Lenders’ Initial Term Loan Commitment amount Amount shall automatically and permanently be reduced to zero upon the Lenders funding of the Loans to Borrower on the Closing Date.
Appears in 1 contract
Samples: Credit Agreement (Harmony Biosciences Holdings, Inc.)
