Common use of Term of Commitments Clause in Contracts

Term of Commitments. Subject to each Lender’s right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.2, the Commitments shall be in effect for a period (the “Term”) commencing on the date hereof and continuing until the close of business on April 21, 2011, unless sooner terminated as provided in Section 6.2.

Appears in 2 contracts

Samples: Loan and Security Agreement (Enpro Industries, Inc), Loan and Security Agreement (Enpro Industries, Inc)

AutoNDA by SimpleDocs

Term of Commitments. Subject to each Lender’s right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.22.28(b) below, the Commitments shall be in effect for a period (the “Term”) commencing on from the date hereof and continuing until hereof, through the close of business on April 21September 18, 20112015, unless sooner terminated as provided in Section 6.22.28(b) below.

Appears in 2 contracts

Samples: General Intercreditor Agreement (Euramax International, Inc.), Senior Secured Revolving Credit and Guaranty Agreement (Euramax International, Inc.)

Term of Commitments. Subject to each Lender’s right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.25.2 hereof, the Commitments shall be in effect for a period (the “Term”) commencing on from the date hereof and continuing until through the close of business on April 21January 4, 2011, unless sooner terminated as provided in Section 6.22008 (the ”Term”).

Appears in 1 contract

Samples: Loan and Security Agreement (Danka Business Systems PLC)

Term of Commitments. Subject to each Lender’s 's right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.25.2 hereof, the Commitments shall be in effect for a period (the “Term”) commencing on of 3 years from the date hereof and continuing until through the close of business on April 21June 6, 2011, unless sooner terminated as provided in Section 6.22006 (the "Term").

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear International Corp)

Term of Commitments. Subject to each Lender’s 's right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists (provided, that each Lender's obligation vis-a-vis Agent shall be governed by SECTION 3.1.2 hereof) or upon termination of the Commitments as provided in Section 6.2SECTION 5.2 hereof, the Commitments shall be in effect for a period (the “Term”) commencing on from the date hereof and continuing until through the close of business on April 21June 6, 2011, unless sooner terminated as provided in Section 6.22006 (the "Term").

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear International Corp)

Term of Commitments. Subject to each Lender’s right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.25.2 hereof, the Commitments shall be in effect for a period of 4 years from the date hereof through the close of business on November 10, 2007 (the “Term”) commencing on the date hereof and continuing until the close of business on April 21, 2011, unless sooner terminated as provided in Section 6.2).

Appears in 1 contract

Samples: Credit Agreement (Superior Essex Inc)

Term of Commitments. Subject to each Lender’s 's right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.25.2 hereof, the Commitments shall be in effect for a period (the “Term”) commencing on of 3 years from the date hereof and continuing until through the close of business on April 21July 1, 2011, unless sooner terminated as provided in Section 6.22006 (the "Term").

Appears in 1 contract

Samples: Loan and Security Agreement (Danka Business Systems PLC)

AutoNDA by SimpleDocs

Term of Commitments. Subject to each Lender’s right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.25.2 hereof, the Commitments shall be in effect for a period (the “Term”) commencing on the date hereof and continuing until through the close of business on April 21November 12, 2011, unless sooner terminated as provided in Section 6.22012 (the “Termination Date”).

Appears in 1 contract

Samples: Loan and Security Agreement (Integrated Electrical Services Inc)

Term of Commitments. Subject to each Lender’s 's right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.2, the Commitments shall be in effect for a period (the "Term") commencing on the date hereof and continuing until the close of business on April 21October 26, 20112010, unless sooner terminated as provided in Section 6.2.

Appears in 1 contract

Samples: Loan and Security Agreement (Alpharma Inc)

Term of Commitments. Subject to each Lender’s right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.26.2 hereof, the Commitments shall be in effect for a period from the date hereof through the close of business on May 10, 2013 (the “Term”) commencing on the date hereof and continuing until the close of business on April 21, 2011, unless sooner terminated as provided in Section 6.2.

Appears in 1 contract

Samples: Loan and Security Agreement (Mastec Inc)

Term of Commitments. Subject to each Lender’s right in accordance with the terms of this Agreement to cease making Loans and other extensions of credit to Borrowers when any Default or Event of Default exists or upon termination of the Commitments as provided in Section 6.2exists, the Commitments shall be in effect for a period (the “Term”) commencing on the date hereof and continuing until the close date that is the soonest to occur of business on April 21(i) June 30, 2011, unless sooner 2011 or (ii) the date that the Commitments are terminated as provided in Section 6.26.2 (such period being referred to herein as the “Term”).

Appears in 1 contract

Samples: Loan and Security Agreement (Insight Health Services Holdings Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.