Common use of Termination of Commitments Clause in Contracts

Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term Borrowing.

Appears in 4 contracts

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

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Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term Borrowing.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (James Hardie Industries PLC), Credit Agreement, Credit Agreement (Solarcity Corp)

Termination of Commitments. The aggregate Term Aggregate Commitments shall be automatically and permanently reduced to zero on the date of, and after giving effect to, the initial Borrowing thereof, and in the case of the Initial Term BorrowingCommitments, on the Closing Date after the funding thereof.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (CommScope Holding Company, Inc.), Credit Agreement (CommScope Holding Company, Inc.), Term Loan Credit Agreement (CommScope Holding Company, Inc.)

Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date Closing Date after the borrowing of the Term BorrowingLoans.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Barnes & Noble Education, Inc.), Term Loan Credit Agreement (Barnes & Noble Education, Inc.), Term Loan Credit Agreement (Barnes & Noble Education, Inc.)

Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of Closing Date immediately following the Term BorrowingBorrowing made on the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (American General Finance Inc), Credit Agreement (American General Finance Corp)

Termination of Commitments. The aggregate Term Aggregate Commitments shall be automatically and permanently reduced to zero on the date of Closing Date after giving effect to the Term BorrowingBorrowing made on such date.

Appears in 2 contracts

Samples: Credit Agreement (Advanced Emissions Solutions, Inc.), Credit Agreement (Advanced Emissions Solutions, Inc.)

Termination of Commitments. The aggregate Term Aggregate Commitments shall be automatically and permanently reduced to zero on the date Effective Date upon the Borrowing of the Term BorrowingLoans.

Appears in 2 contracts

Samples: Term Loan Credit Agreement, Term Loan Credit Agreement (Sears Hometown & Outlet Stores, Inc.)

Termination of Commitments. The aggregate Term Aggregate Commitments as of the Closing Date shall be automatically and permanently reduced to zero on the date of the Term Borrowinginitial Borrowing hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Plum Creek Timber Co Inc), Credit Agreement (Plum Creek Timber Co Inc)

Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term initial Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (ChampionX Corp), Credit Agreement (Smucker J M Co)

Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term BorrowingBorrowingBorrowings.

Appears in 1 contract

Samples: Incremental Joinder and Amendment Agreement (Ciena Corp)

Termination of Commitments. The aggregate Term Commitments Commitments, other than the Commitment of a Defaulting Lender, shall be automatically and permanently be reduced to zero on the date of the borrowing of the Term BorrowingLoan.

Appears in 1 contract

Samples: Credit Agreement (Reliance Steel & Aluminum Co)

Termination of Commitments. The aggregate Term Aggregate Commitments shall be automatically and permanently reduced to zero on the date of the Term BorrowingCommitted Borrowing after giving effect thereto.

Appears in 1 contract

Samples: Bridge Loan Agreement (Cardinal Health Inc)

Termination of Commitments. The Subject to Section 2.12, the aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Lakes Entertainment Inc)

Termination of Commitments. The aggregate Term Commitments under the Initial Term Facility and any Incremental Term Facility shall be automatically and permanently reduced to zero on the date of the applicable Term Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Madison Square Garden Entertainment Corp.)

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Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of Closing Date, following the Term Borrowinginitial Borrowing hereunder.

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Care Capital Properties, Inc.)

Termination of Commitments. The aggregate Incremental Term Commitments shall be automatically and permanently reduced to zero on the date of the Incremental Term Borrowing.

Appears in 1 contract

Samples: Incremental Term Supplement (CSC Holdings Inc)

Termination of Commitments. The aggregate Term Aggregate Commitments shall be automatically and permanently reduced to zero after giving effect to the Borrowing on the date of the Term BorrowingClosing Date.

Appears in 1 contract

Samples: Term Loan Agreement (Parker Drilling Co /De/)

Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term BorrowingBorrowing and after giving effect thereto. The Incremental Term Loan Commitments with respect to an Incremental Term Loan Facility shall be automatically and permanently reduced to zero on the date of the related Incremental Term Loan Borrowing and after giving effect thereto.

Appears in 1 contract

Samples: Credit Agreement (Brandywine Operating Partnership, L.P.)

Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term Borrowinginitial borrowing hereunder after giving effect thereto.

Appears in 1 contract

Samples: Credit Agreement (Boston Properties LTD Partnership)

Termination of Commitments. The aggregate Term Aggregate Commitments shall be automatically and permanently reduced to zero on the date of the Term Borrowing.

Appears in 1 contract

Samples: Second Lien Credit Agreement (RiskMetrics Group Inc)

Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of of, and after giving effect to, the Term BorrowingBorrowing on the Closing Date.

Appears in 1 contract

Samples: Escrow Credit Agreement (CommScope Holding Company, Inc.)

Termination of Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term BorrowingFunding Date.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (Main Street Acquisition CORP)

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