Termination and Reduction of Commitments; Mandatory Prepayments Sample Clauses

Termination and Reduction of Commitments; Mandatory Prepayments. (a) Unless previously terminated, the Total Commitment shall terminate on the Maturity Date.
AutoNDA by SimpleDocs
Termination and Reduction of Commitments; Mandatory Prepayments. (a) Unless previously terminated, the Commitments shall terminate on the Termination Date (after the making of any Loans to be made hereunder on such date in accordance with and subject to the terms and conditions hereof).
Termination and Reduction of Commitments; Mandatory Prepayments. (a) Unless previously terminated, the Commitments shall terminate in full at 5:00 p.m. New York City time on the earlier of (i) the date on which the Acquisitions are consummated without the making of any Loans, (ii) the Long Stop Date and (iii) the Certain Funds Termination Date. Additionally, the applicable Commitments will be permanently reduced upon the making of any Loan under such Commitment by an amount equal to the amount of such Loan.
Termination and Reduction of Commitments; Mandatory Prepayments. (a) Unless previously terminated, the Commitments shall terminate in full at 5:00 p.m., New York City time, on the earliest of (i) the date that is five (5) business days after the “Termination Date” (as defined in the Purchase Agreement as in effect on the Commitment Letter Date, including as the same may be extended in accordance with the provisions of the Purchase Agreement as in effect on the Commitment Letter Date), (ii) the closing of the Target Acquisition with or without the use of the Advances or the Commitments (provided that the foregoing shall not prohibit the Borrower from drawing the Advances on the date on which the Target Acquisition so closes), (iii) written notice by the Borrower or the Guarantor to the Joint Lead Arrangers that it has abandoned the Target Acquisition and (iv) the termination of the Purchase Agreement prior to closing of the Target Acquisition or the termination of the Guarantor’s (or any of the Guarantor’s Affiliates’) obligations under the Purchase Agreement to consummate the Target Acquisition in accordance with the terms thereof. Any termination of the Commitments shall be permanent.
Termination and Reduction of Commitments; Mandatory Prepayments. 24 Section 2.07. Repayment of Loans; Evidence of Debt 25 Section 2.08. Optional Prepayment of Loans 26 Section 2.09. Fees 27 Section 2.10. Interest 27 Section 2.11. Alternate Rate of Interest 28 Section 2.12. Increased Costs; Illegality 29 Section 2.13. Break Funding Payments 30 Section 2.14. Taxes 31
Termination and Reduction of Commitments; Mandatory Prepayments. (a) If the Closing Date does not occur on or prior to 5:00 p.m., Houston, Texas time, on May 11, 2015, this Agreement and the Commitments hereunder shall automatically terminate in full.
Termination and Reduction of Commitments; Mandatory Prepayments. (a) Unless previously terminated, the Commitments shall terminate in full at 5:00 p.m. New York City time on the earlier of (i) the date on which the Acquisitions are consummated without the making of any Loans, (ii) the Long Stop Date and (iii) the Certain Funds Termination Date; provided that notwithstanding the foregoing or anything herein to the contrary, to the extent the Acquisitions are consummated on the Closing Date but no Loans are made under this Agreement on the Closing Date (and no Loans were requested by the Borrower to be made under this Agreement on the Closing Date), the Commitments shall automatically be extended such that they shall only terminate in full at 5:00 p.m. New York City time on December 24, 2013 (the “Extended Commitment Termination Date”), unless previously terminated (the date such Loans are made, the “Drawdown Date”). Additionally, the applicable Commitments will be permanently reduced upon the making of any Loan under such Commitment by an amount equal to the amount of such Loan.
AutoNDA by SimpleDocs
Termination and Reduction of Commitments; Mandatory Prepayments. (a) Unless previously terminated, the Total Commitment shall terminate on the earliest of (i) the date that the Acquisition is consummated without the making of any Loans hereunder, (ii) the abandonment or termination of the Merger Agreements, (iii) the making of any Loans pursuant to Section 2.01 hereof and (iv) 5:00 p.m. Houston, Texas time on May 11, 2015.
Termination and Reduction of Commitments; Mandatory Prepayments. (a) Unless previously terminated, (i) the Commitments shall automatically terminate on the Commitment Termination Date and (ii) the Commitment of each Lender that shall have exercised its right referred to in Section 2.11(b) shall automatically terminate as provided in such Section.
Termination and Reduction of Commitments; Mandatory Prepayments 
Time is Money Join Law Insider Premium to draft better contracts faster.