Common use of Termination of Commitments; Reductions of Commitments Clause in Contracts

Termination of Commitments; Reductions of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate at 5:00 p.m., New York City time, on the Effective Date and (ii) the Revolving Commitments shall terminate on the Maturity Date.

Appears in 2 contracts

Samples: Term Loan and Revolving Credit Agreement (Goodyear Tire & Rubber Co /Oh/), Goodyear Tire & Rubber Co /Oh/

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Termination of Commitments; Reductions of Commitments. (a) Unless previously terminated, (i) the Term Loan Commitments shall terminate at 5:00 p.m., New York City London time, on the Effective Date and (ii) the Revolving Commitments and each LC Commitment shall terminate on the Maturity Date.

Appears in 1 contract

Samples: And Restatement Agreement (Goodyear Tire & Rubber Co /Oh/)

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Termination of Commitments; Reductions of Commitments. (a) The Tranche A Term Loan Commitments terminated on the Original Effective Date. Unless previously terminated, (i) the Tranche B Term Loan Commitments shall terminate at 5:00 p.m., New York City time, on the Restatement Effective Date and (ii) the Revolving Commitments shall terminate on the Maturity Date.

Appears in 1 contract

Samples: Goodyear Tire & Rubber Co /Oh/

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