Common use of Scheduled Termination of Loan Commitments Clause in Contracts

Scheduled Termination of Loan Commitments. Unless previously terminated, the Loan Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amount or the Borrowing Base is terminated or reduced to zero, then the Loan Commitments shall terminate on the effective date of such termination or reduction.

Appears in 5 contracts

Samples: Credit Agreement (Constellation Energy Partners LLC), Credit Agreement (Sanchez Production Partners LP), Credit Agreement (Constellation Energy Partners LLC)

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Scheduled Termination of Loan Commitments. Unless previously terminated, the Revolving Loan Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amount or the Borrowing Base is terminated or reduced to zero, then the The Term Loan Commitments shall terminate at 5:00 pm central time on the effective date of such termination or reduction.Twelfth Amendment Effective Date. ​ ​

Appears in 1 contract

Samples: Credit Agreement (Evolve Transition Infrastructure LP)

Scheduled Termination of Loan Commitments. Unless previously terminated, the Revolving Loan Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Revolving Credit Amount or Amount, the Borrowing Base or the Elected Commitment Amount is terminated or reduced to zero, then the Revolving Loan Commitments shall terminate on the effective date of such termination or reduction. The Term Loan Commitments shall terminate at 5:00 pm central time on the Ninth Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Sanchez Midstream Partners LP)

Scheduled Termination of Loan Commitments. Unless previously terminated, the Loan Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amount Amounts or the Borrowing Base is terminated or reduced to zero, then the Loan Commitments shall terminate on the effective date of such termination or reduction.

Appears in 1 contract

Samples: Credit Agreement (Constellation Energy Partners LLC)

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Scheduled Termination of Loan Commitments. Unless previously terminated, the Revolving Loan Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amount or the Borrowing Base is terminated or reduced to zero, then the The Term Loan Commitments shall terminate at 5:00 pm central time on the effective date of such termination or reductionThirteenth Amendment Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Evolve Transition Infrastructure LP)

Scheduled Termination of Loan Commitments. Unless previously terminated, the Loan Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amount or or, the Borrowing Base or the Elected Commitment Amount is terminated or reduced to zero, then the Loan Commitments shall terminate on the effective date of such termination or reduction.

Appears in 1 contract

Samples: Credit Agreement (Sanchez Production Partners LP)

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