Common use of Termination and Reduction of Commitments Clause in Contracts

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c).

Appears in 7 contracts

Samples: Assignment and Assumption (Enterprise Products Partners L.P.), Day Revolving Credit Agreement (Enterprise Products Partners L.P.), Day Revolving Credit Agreement (Enterprise Products Partners L.P.)

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Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Term Commitments shall terminate upon the Borrowing of Term Loans on the Effective Date and (ii) the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Maturity Date.

Appears in 6 contracts

Samples: Credit Agreement (Amplify Snack Brands, INC), Credit Agreement (AgroFresh Solutions, Inc.), Collateral Agreement (TA Holdings 1, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Initial Term Loan Commitments shall automatically terminate upon the making of the Initial Term Loans on the Closing Date and (ii) the date Revolving Credit Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Credit Maturity Date.

Appears in 5 contracts

Samples: Credit Agreement (Wanda Sports Group Co LTD), Credit Agreement (Wanda Sports Group Co LTD), Credit Agreement (Indivior PLC)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Revolving Loan Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to as provided in Section 2.01(c2.02(e).

Appears in 4 contracts

Samples: Credit Agreement (Pennzoil Quaker State Co), Credit Agreement (Pennzenergy Co), Credit Agreement (Pennzoil Quaker State Co)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate on the earlier Effective Date after the funding of (i) the Maturity Date Term Loans, and (ii) all other Commitments shall terminate on the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Maturity Date.

Appears in 4 contracts

Samples: Credit Agreement (Haemonetics Corp), Credit Agreement (Haemonetics Corp), Credit Agreement (Altra Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments of Revolving Loans shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)for Revolving Loans.

Appears in 4 contracts

Samples: Credit Agreement (Seagate Technology Holdings PLC), Credit Agreement (Seagate Technology Holdings PLC), Credit Agreement (Seagate Technology Holdings PLC)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall for a Class of Loans will terminate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)for such Class of Loans.

Appears in 4 contracts

Samples: Credit Agreement (Encompass Health Corp), Credit Agreement (Healthsouth Corp), Assignment and Assumption (Healthsouth Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the earlier of (i) the Revolving Maturity Date and (iib) the date Term Loan Commitments shall terminate following the Loans are converted to Term Loans pursuant to funding of the Borrowings made on the Closing Date as provided in Section 2.01(c2.01(b).

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Cooper Companies, Inc.), Credit and Term Loan Agreement, Assignment and Assumption (Cooper Companies, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate on the earlier Effective Date immediately after the funding of (i) the Maturity Date Term Loans, and (ii) all other Commitments shall terminate on the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Progress Software Corp /Ma), Credit Agreement (Progress Software Corp /Ma), Credit Agreement (Progress Software Corp /Ma)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall automatically terminate on the earlier of (i) the Maturity making of the Loans by the Lenders on the Acquisition Funding Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Commitment Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (Eagle Materials Inc), Credit Agreement (Eagle Materials Inc), Credit Agreement (Eagle Materials Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Date and Incremental Term Commitments of any Class shall automatically terminate upon the Borrowing of Incremental Term Loans in connection therewith, (ii) the date Refinancing Term Loan Commitments shall automatically terminate upon the Loans are converted to Borrowing of Refinancing Term Loans pursuant to Section 2.01(c)in connection therewith and (iii) the Revolving Commitments shall automatically terminate on the Revolving Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Trinet Group, Inc.), Credit Agreement (Trinet Group, Inc.), Credit Agreement (Trinet Group, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Loan Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 3 contracts

Samples: Credit Agreement (Cubic Corp /De/), Credit Agreement (Ion Geophysical Corp), Credit Agreement (Wire One Technologies Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Commitments Term Commitment of each Term Lender shall automatically terminate on the earlier of (iA) immediately after the making of the Term Loan by such Term Lender on the Term Funding Date and (B) the Maturity Term Commitment Termination Date and (ii) the date Revolving Commitments shall automatically terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Marvell Technology Group LTD), Credit Agreement (Marvell Technology Group LTD), Credit Agreement (Trimble Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate on the earlier of (i) the Maturity Restatement Effective Date and (ii) the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Facility Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Hill-Rom Holdings, Inc.), Credit Agreement (Hill-Rom Holdings, Inc.), Credit Agreement (Hill-Rom Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate on the earlier Closing Date upon the funding of the Term Loans and (iiii) the Revolving Commitments shall terminate on the Revolving Credit Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant subject to Section 2.01(c2.23).

Appears in 3 contracts

Samples: Credit Agreement (Atmus Filtration Technologies Inc.), Credit Agreement (Atmus Filtration Technologies Inc.), Credit Agreement (Cummins Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Revolving Commitment of each Revolving Lender shall automatically and permanently terminate on the relevant Maturity Date and (ii) the date Term Loan Commitment of each Term Lender shall automatically and permanently terminate on the Loans are converted Closing Date (after giving effect to the incurrence of Term Loans pursuant to Section 2.01(con such date).

Appears in 2 contracts

Samples: Credit Agreement (Endo International PLC), Credit Agreement (Endo International PLC)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term A-1 Loan Commitments shall terminate on the earlier Effective Date upon the funding of (i) the Maturity Date and Term A-1 Loans, (ii) the date Term A-2 Loan Commitments shall terminate on the Effective Date upon the funding of the Term A-2 Loans are converted to Term Loans pursuant and (iii) the Revolving Commitments shall terminate on the Revolving Credit Maturity Date (subject to Section 2.01(c2.23).

Appears in 2 contracts

Samples: Credit Agreement (ESAB Corp), Credit Agreement (ESAB Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Term B-1 Loan Commitments shall automatically terminate on the Refinancing Date (upon funding of the Term B-1 Loans) and (ii) the date Revolving Commitments shall automatically terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Minerals Technologies Inc), Credit Agreement (Minerals Technologies Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate termi-nate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c).

Appears in 2 contracts

Samples: Day Revolving Credit Agreement (Enterprise Products Partners L.P.), Assignment and Assumption (Enterprise Products Partners L P)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments have all been terminated prior to the Amendment No. 3 Effective Date and (ii) all other Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 2 contracts

Samples: Credit Agreement (CIMPRESS PLC), Credit Agreement (CIMPRESS PLC)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Commitments Closing Date Term Loan Commitment shall terminate on the earlier Effective Date immediately after the funding of (i) the Maturity Closing Date Term Loans on the Effective Date and (ii) the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Mimecast LTD), Credit Agreement (Mimecast LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Revolving Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Loan Commitments shall terminate as provided in Section 2.01(c2.1(b).

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Healthcare Trust of America Holdings, LP), Revolving Credit and Term Loan Agreement (Healthcare Trust of America, Inc.)

Termination and Reduction of Commitments. (a) (i) Unless previously terminated, the Revolving Commitments shall terminate on the earlier of (i) the Revolving Maturity Date and (ii) the date Term Loan Commitments shall terminate following disbursement of the Loans are converted to Term Loans pursuant to Section 2.01(c)on the Effective Date.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Invitation Homes Inc.), Revolving Credit and Term Loan Agreement (Invitation Homes Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the (i) The Term Loan Commitments shall terminate on the earlier of (i) the Maturity Closing Date and (ii) unless previously terminated, the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Facility Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Hill-Rom Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminatedterminated and subject to Sections 2.19 and Section 2.21, (i) the initial Term Loan Commitments shall terminate upon the funding thereof on the Effective Date (it being understood that after such termination, each reference herein to a Term Lender’s Term Loan Commitment shall refer to that Term Lender’s Applicable Percentage of the Term Loans) and (ii) the Revolving Commitments and Letter of Credit Commitments shall terminate on the earlier of (i) the Revolving Credit Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 2 contracts

Samples: Credit Agreement (Amtrust Financial Services, Inc.), Credit Agreement

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term A-1 Loan Commitments and the Term A-2 Loan Commitments shall terminate on the earlier of (i) the Maturity Term Loan Commitment Expiration Date and (ii) the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Credit Maturity Date.

Appears in 2 contracts

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

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) on the Effective Date, the Term Commitments in effect on such date shall terminate upon the making of the relevant Term Loans and (ii) the Revolving Commitments shall terminate on the earlier of (i) the Revolving Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 2 contracts

Samples: Credit Agreement (E2open Parent Holdings, Inc.), Credit Agreement (Tenable Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Term Commitments shall automatically terminate upon the funding of the Term Loans on the Effective Date and (ii) the date Revolving Commitments shall automatically terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Maturity Date.

Appears in 2 contracts

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

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate at the end of the Availability Period or upon any earlier date on the earlier of (i) the Maturity Date and (ii) the date the which Loans are converted to Term Loans pursuant to Section 2.01(c)made.

Appears in 2 contracts

Samples: Bridge Credit Agreement (Limited Brands Inc), Credit Agreement (Limited Brands Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the earlier of (i) the Revolving Maturity Date and (iib) the date Term Loan Commitments (other than New Term Loan Commitments) shall terminate on the Loans are converted to Term Loans pursuant to Loan Commitment Expiry Date as provided in Section 2.01(c2.01(b).

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Four Corners Property Trust, Inc.), Lease Agreement (Four Corners Property Trust, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate on the earlier of (i) the Maturity Closing Date and (ii) the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Facility Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Hill-Rom Holdings, Inc.), Credit Agreement (Hill-Rom Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the earlier of (i) the Revolving Maturity Date and (iib) the date Term Loan Commitments shall terminate on the Loans are converted to Term Loans pursuant to Loan Commitment Expiry Date as provided in Section 2.01(c2.01(b).

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Gramercy Property Trust Inc.), Revolving Credit and Term Loan Agreement (Brixmor Property Group Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Term Commitments shall terminate upon the Borrowing of Term Loans on the Closing Date and (ii) the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Maturity Date.

Appears in 1 contract

Samples: Collateral Agreement (Blue Bird Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Commitments Revolving Commitment shall terminate on the earlier of (i) the Maturity Date and (ii) the date Term Loan Commitments shall terminate on the Loans are converted to making of the Term Loans pursuant to Section 2.01(c)Loan on the Funding Date.

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Initial Term Loan Commitments shall terminate on the earlier of (i) Closing Date immediately after the Maturity Date closing hereunder and (ii) the date Revolving Commitments will terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Maturity Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Reprographics CO)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate when funding is received by the Borrowers on the Effective Date and (ii) all other Commitments shall terminate on the earlier to occur of (iA) the Maturity Date and (B) the occurrence of any event described in clause (i) or (ii) the date the Loans are converted to Term Loans pursuant to of Section 2.01(c2.12(g).

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

Termination and Reduction of Commitments. (a) Unless previously terminatedterminated in accordance with the terms hereof, the Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Revolving Loans are converted to Term Loans pursuant to Section 2.01(c2.20 (the “Revolving Credit Termination Date”).

Appears in 1 contract

Samples: Assignment and Assumption (Magellan Midstream Partners Lp)

Termination and Reduction of Commitments. (a) 53. Unless previously terminated, (i) the Term Commitments shall be automatically and permanently reduced to zero on the Closing Date (after giving effect to the incurrence of Initial Term Loans on such date) and (ii) the Revolving Commitments shall terminate on the earlier of (i) the Revolving Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 1 contract

Samples: Credit Agreement (Digital Media Solutions, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Revolving Commitment of each Revolving Lender shall automatically and permanently terminate on the relevant Maturity Date and (ii) the date Initial Term Loan Commitments (other than any Initial Term Loan Commitments that constitute Incremental Term Loan Commitments) of each Initial Term Lender shall automatically and permanently terminate on the Loans are converted Effective Date (after giving effect to the incurrence of such Term Loans pursuant to Section 2.01(con such date).

Appears in 1 contract

Samples: Credit Agreement (Endo, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Term Commitments shall automatically terminate upon the making of the Term Loans on the Effective Date and (ii) the date Revolving Commitments shall automatically terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Kla Tencor Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Term Loan Commitments shall terminate on the earlier of (i) the Maturity Term Loan Commitment Expiry Date and (ii) the date the Loans are converted to Term Loans pursuant to as provided in Section 2.01(c).. (a) Intentionally Omitted. (b)

Appears in 1 contract

Samples: Term Loan Agreement

Termination and Reduction of Commitments. (a) Unless previously terminated, terminated (i) the Term Loan Commitments shall terminate on the earlier of (ix) the Maturity Term Loan Funding Date (immediately after giving effect to the draw made thereon) and (y) last day of the Term Loan Availability Period and (ii) the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Belden Inc.)

Termination and Reduction of Commitments. (a) . (a) Unless previously terminated, (i) the Term A-1 Loan Commitments shall terminate on the earlier Effective Date after the funding of (i) the Maturity Date Term A-1 Loans, and (ii) the date Term A-2 Loan Commitments shall terminate on the First Amendment Effective Date after the funding of the Term A-2 Loans are converted to Term Loans pursuant to Section 2.01(c)and (iii) all other Commitments shall terminate on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Haemonetics Corp)

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Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate upon the funding of the Term Loans on the Effective Date and (ii) all other Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 1 contract

Samples: Credit Agreement (Dice Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Term Commitments shall terminate at upon funding of the Term Loans, on the Effective Date and (ii) the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Greenhill & Co Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term A Loan Commitments shall terminate on the earlier Closing Date upon the funding of (i) the Maturity Date and Term A Loans, (ii) the date Term B Loan Commitments shall terminate on the Closing Date upon the funding of the Term B Loans are converted to Term Loans pursuant and (iii) the Revolving Commitments shall terminate on the Revolving Credit Maturity Date (subject to Section 2.01(c2.23).

Appears in 1 contract

Samples: Credit Agreement (Phinia Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term A-3 Commitments shall terminate upon the funding of the Term A-3 Loans (or, if earlier, on the Term A-3 Commitment Termination Date), and (ii) the Revolving Commitments shall terminate on the earlier of (i) the applicable Revolving Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 1 contract

Samples: Credit Agreement (Ugi Corp /Pa/)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Revolving Loans are converted to Term Loans pursuant to Section 2.01(c).

Appears in 1 contract

Samples: Day Revolving Credit Agreement (Enterprise Products Partners L P)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Initial Term Loan Commitments shall automatically terminate on the Closing Date (upon funding of the Initial Term Loans) and (ii) the date Revolving Commitments shall automatically terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Diplomat Pharmacy, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the earlier of (i) the Revolving Maturity Date and (iib) the date Term Loan Commitments (other than New Term Loan Commitments) shall terminate on the Loans are converted to Term Loans pursuant to Loan Commitment Expiry Date as provided in Section 2.01(c)2.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Four Corners Property Trust, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Term Loan Commitments shall terminate on the earlier of (i) the Maturity Term Loan Commitment Expiry Date and (ii) the date the Loans are converted to Term Loans pursuant to as provided in Section 2.01(c).

Appears in 1 contract

Samples: Term Loan Agreement (GPT Operating Partnership LP)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan A Commitments and the Term Loan B Commitments shall terminate as provided in Sections 2.01(a) and (b), as applicable, and (ii) the Revolving Facility Commitments shall terminate on the earlier of (i) the Revolving Facility Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 1 contract

Samples: Credit Agreement (SemGroup Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of terminated (i) the Maturity Term A Commitment shall terminate upon the funding of the Term A Loans on the Effective Date and (ii) the date Term B Commitment shall terminate upon the funding of the Term B Loans are converted to Term Loans pursuant to Section 2.01(c)on the Effective Date. The Revolving Commitments shall automatically terminate on the Revolving Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Avago Technologies LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the Maturity Date. Unless previously terminated, the Term Commitments shall terminate upon the earlier of (i) the Maturity Date making of the Term Loans and (ii) the date that is 30 days after the Loans are converted to Term Loans pursuant to Section 2.01(c)Eighth Amendment and Restatement Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Charles River Laboratories International Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier Maturity Date, giving effect to any extension of (i) the Scheduled Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)2.18. The Commitment of each Lender will automatically be permanently reduced by the amount of each Loan made by such Lender pursuant to Section 2.01 on the date of the Borrowing that includes such Loan, and the unused Commitment of each Lender will not be increased as a result of the payment or prepayment of any outstanding Loan of such Lender.

Appears in 1 contract

Samples: Assignment and Assumption (Hewlett Packard Co)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate on the earlier of (i) the Maturity Term Loan Commitment Expiration Date and (ii) the date Revolving Commitments shall terminate on the Loans are converted to Term Loans pursuant Revolving Credit Maturity Date (subject to Section 2.01(c2.25).

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate on the earlier of (i) the Maturity Term Loan Commitment Termination Date and (ii) the date Revolving Loan Commitments and all other commitments hereunder shall terminate on the Loans are converted to Term Loans pursuant to Section 2.01(c)Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Deluxe Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term A Loan Commitments shall terminate on the earlier Closing Date upon the funding of (i) the Maturity Date and Term A Loans, (ii) the date Term B Loan Commitments shall terminate on the Loans are converted to Closing Date upon the funding of the Term Loans pursuant B Loans[reserved] and (iii) the Revolving Commitments shall terminate on the Revolving Credit Maturity Date (subject to Section 2.01(c2.23).

Appears in 1 contract

Samples: Credit Agreement (Phinia Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Term Loan Commitments shall terminate at the end of the Term Loan Funding Period and the Revolving Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 1 contract

Samples: Credit Agreement (Willis Partners)

Termination and Reduction of Commitments. (a) Unless previously terminatedterminated in accordance with the terms hereof, the Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Revolving Loans are converted to Term Loans pursuant to Section 2.01(c)2.20.

Appears in 1 contract

Samples: Assignment and Assumption (Magellan Midstream Partners Lp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Term Loan Commitments shall terminate on the earlier of (i) the Maturity Term Loan Commitment Expiry Date and (ii) the date the Loans are converted to Term Loans pursuant to as provided in Section 2.01(c2.01(a).

Appears in 1 contract

Samples: Term Loan Agreement (Gramercy Property Trust)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Revolving Loan Commitments shall terminate on the earlier of (i) the Revolving Loan Maturity Date and (ii) the date Term Loan Commitments existing on the Loans are converted to Effective Date shall terminate on the Effective Date immediately after the funding of the Term Loans pursuant to Section 2.01(c)be made on the Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Oaktree Capital Group, LLC)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Revolving Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date Term Loan Commitments shall terminate on the Loans are converted to Closing Date (after the reallocation of the Term Loans pursuant to described in Section 2.01(c2.1(b)).

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Healthcare Trust of America Holdings, LP)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the earlier of (i) the Revolving Maturity Date and the Term Loan Commitments (iiother than New Term Loan Commitments) shall terminate on the date Term Loan Commitment Expiry Date and the Loans are converted to Effective Date Term Loans pursuant to Loan Commitment Expiry Date in each case as provided in Section 2.01(c2.01(b).

Appears in 1 contract

Samples: Agreement (Four Corners Property Trust, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the earlier of Revolving Maturity Date, (ib) the Maturity A-1 Term Loan Commitments shall terminate on the A-1 Term Loan Commitment Expiry Date as provided in Section 2.01(b), and (iic) the date A-2 Term Loan Commitments shall terminate on the Loans are converted to A-2 Term Loans pursuant to Loan Commitment Expiry Date as provided in Section 2.01(c).

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Gramercy Property Trust)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Revolving Loans are converted to Term Loans pursuant to Section 2.01(c2.01(d).

Appears in 1 contract

Samples: Revolving Credit Agreement (Enterprise Products Partners L P)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Date Term A-3 Commitments shall terminate upon the funding of the Term A-3 Loans (or, if earlier, on the Term A-3 Commitment Termination Date), and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Revolving Commitments shall terminate on Revolving Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ugi Corp /Pa/)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Commitments Revolving Commitment shall terminate on the earlier of (i) the Maturity Date and (ii) the date Term Loan Commitments shall terminate on the Loans are converted to making of the Term Loans pursuant to Section 2.01(c)Loan on the Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate at 4:00 p.m. on the Effective Date and (ii) all other Commitments shall terminate on the earlier of (i) the Maturity Date and (ii) the date the Loans are converted to Term Loans pursuant to Section 2.01(c)Date.

Appears in 1 contract

Samples: Credit Agreement (Golden Entertainment, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the earlier of (i) the Maturity Term Loan Commitments shall terminate immediately after the funding of the Term Loans on the Amendment No. 1 Effective Date and (ii) the date US Tranche Revolving Commitments and the Loans are converted to Term Loans pursuant to Section 2.01(c)European Tranche Commitments shall terminate on the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Insight Enterprises Inc)

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