Revolving Loan Commitment Termination Sample Clauses

The Revolving Loan Commitment Termination clause defines the conditions under which a lender’s obligation to make further advances under a revolving credit facility ends. Typically, this clause specifies events such as the maturity date, occurrence of default, or voluntary termination by the borrower that trigger the cessation of the lender’s commitment. By clearly outlining when and how the revolving loan commitment can be terminated, this clause provides certainty to both parties and helps manage the lender’s risk exposure.