Common use of Reduction or Termination of the Commitment Clause in Contracts

Reduction or Termination of the Commitment. (a) The Borrowers may not reduce or terminate the Commitments. (b) The Commitment of each Lender shall automatically terminate at 5:00 p.m. (Mexico City time) on the Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.)

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Reduction or Termination of the Commitment. (a) a. The Borrowers may not reduce or terminate the Commitments. (b) b. The Commitment of each Lender shall automatically terminate at 5:00 p.m. (Mexico City time) on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (AgileThought, Inc.)

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Reduction or Termination of the Commitment. (a) The Borrowers may not reduce or terminate the New Commitments. (b) The New Commitment of each New Lender shall automatically terminate at 5:00 p.m. (Mexico City time) on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (LIV Capital Acquisition Corp.)

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