Common use of Termination of Commitments under Existing Credit Agreement Clause in Contracts

Termination of Commitments under Existing Credit Agreement. The commitments of the Existing Lenders under the Existing Credit Agreement shall terminate on the Closing Date. Execution of this Agreement by Lenders who are Existing Lenders shall constitute a waiver of the notice provisions in Sections 2.09 and 9.01 of the Existing Credit Agreement.

Appears in 3 contracts

Samples: 364 Day Credit Agreement (Equitable Resources Inc /Pa/), Revolving Credit Agreement (Equitable Resources Inc /Pa/), Revolving Credit Agreement (Equitable Resources Inc /Pa/)

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Termination of Commitments under Existing Credit Agreement. The commitments of Existing Credit Agreement, guaranties and all other agreements, documents and instruments executed in connection therewith, except the Existing Lenders under the Existing Credit Agreement Letters of Credit, shall terminate on the Closing Date. Execution of this Agreement by Lenders who are parties to the Existing Lenders Credit Agreement shall constitute a waiver of the notice provisions in Sections 2.09 and 9.01 2.06 of the Existing Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Patterson Uti Energy Inc), Credit Agreement (Patterson Uti Energy Inc)

Termination of Commitments under Existing Credit Agreement. The commitments of Existing Credit Agreement, guaranties and all other agreements, documents and instruments executed in connection therewith except the Existing Lenders under the Existing Letters of Credit Agreement shall terminate on the Closing Date. Execution of this Agreement by Lenders who are parties to the Existing Lenders Credit Agreement shall constitute a waiver of the notice provisions in Sections 2.09 and 9.01 2.06 of the Existing Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Patterson Uti Energy Inc)

Termination of Commitments under Existing Credit Agreement. The commitments of the Existing Lenders under the Existing Credit Agreement shall terminate on the Closing Date. Execution of this Agreement by Lenders who are Existing Lenders shall constitute a waiver of the notice provisions in Sections 2.09 and 9.01 Section 2.05 of the Existing Credit Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (EQT Corp), Revolving Credit Agreement (Equitable Resources Inc /Pa/)

Termination of Commitments under Existing Credit Agreement. The commitments of the Existing Lenders lenders under the Existing Credit Agreement Agreement, shall terminate on the Closing Effective Date. Execution of this Agreement by Lenders a Lender who are is also a lender under the Existing Lenders Credit Agreement shall constitute a waiver by such Lender of the notice provisions in Sections 2.09 2.09(b) and 9.01 2.11(b) of the Existing Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ultra Petroleum Corp)

Termination of Commitments under Existing Credit Agreement. The commitments of the Existing Lenders under the Existing Credit Agreement shall terminate on the Closing Date. Execution of this Agreement by Lenders who are Existing Lenders shall constitute a waiver of the notice provisions in Sections 2.09 and 9.01 Section 2.06 of the Existing Credit Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (EQT Corp)

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Termination of Commitments under Existing Credit Agreement. The commitments U.S. Borrower has given, or contemporaneously with the execution and delivery of this Agreement is giving, to the Existing Lenders administrative agent under the Existing Credit Agreement shall Agreement, notice of the termination of commitments of the lenders under the Existing Credit Agreement, so that such commitments terminate on the Closing Date. Execution of this Agreement by Lenders who are lenders and, to the extent applicable, letter of credit issuers under the Existing Lenders Credit Agreement shall constitute (a) a waiver of the notice provisions in Sections 2.09 and 9.01 of the Existing Credit Agreement.in

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

Termination of Commitments under Existing Credit Agreement. The commitments of the Existing Lenders under the Existing Credit Agreement and the Existing 364-Day Credit Agreement shall terminate on the Closing Date. Execution of this Agreement by Lenders who are Existing Lenders shall constitute a waiver of the notice provisions in Sections 2.09 and 9.01 of the Existing Credit Agreement and Sections 2.08 and 9.01 of the Existing 364-Day Credit Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Equitable Resources Inc /Pa/)

Termination of Commitments under Existing Credit Agreement. The commitments of the Existing Lenders lenders under the Existing Credit Agreement Agreement, shall terminate on the Closing Effective Date. Execution of this Agreement by Lenders a Lender who are is also a lender under the Existing Lenders Credit Agreement shall constitute a waiver by such Lender of the notice provisions in Sections 2.09 and 9.01 Section 2.19(b) of the Existing Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ultra Petroleum Corp)

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