Termination of Credit Facilities. (a) A Credit Facility shall terminate upon the earliest to occur of:
(i) the Maturity Date;
(ii) the termination of such Credit Facility in accordance with Section 13.1; and
(iii) the date on which the relevant Credit Facility has been permanently reduced to zero pursuant to Section 2.4.
(b) Upon the termination of any Credit Facility, the right of the Borrowers to obtain or maintain credit under such Credit Facility and all of the obligations of the Lenders to make credit available under such Credit Facility shall automatically terminate.
Termination of Credit Facilities. The Credit Facilities shall remain in effect (subject to suspension as provided in Section 2.7(g) hereof) until the Termination Date.
Termination of Credit Facilities. Written acknowledgements as to the cancellation or termination of the credit facilities more particularly described on Schedule 4.1 (with evidence of payment of all amounts outstanding thereunder and arrangements with respect to cancellation or replacement of any letters of credit outstanding thereunder);
Termination of Credit Facilities. (a) The Working Capital Facility, the Permitted Acquisition Facility and the L/C Facility shall terminate, and each of the Working Capital Commitment and the Permitted Acquisition Commitment shall be automatically reduced to zero on the Termination Date.
(b) The Swingline Facility shall terminate, and the Swingline Commitment shall be automatically reduced to zero, on the Swingline Termination Date.
Termination of Credit Facilities. The Credit Facilities shall terminate and each of the Revolving Credit Commitment and the Acquisition Commitment shall be automatically reduced to zero on the earliest of (a) May 31, 2003, (b) the date of termination by the Borrower pursuant to SECTION 4.5(a), and (c) the date of termination by the Administrative Agent on behalf of the Lenders pursuant to SECTION 11.2(a) (the "TERMINATION DATE").
Termination of Credit Facilities. Declare the principal of and interest on the Loans and the Reimbursement Obligations at the time outstanding, and all other amounts owed to the Lenders and to the Administrative Agent under this Agreement or any of the other Loan Documents (including, without limitation, all L/C Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents required thereunder) and all other Obligations (other than Swap Obligations), to be forthwith due and payable, whereupon the same shall immediately become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived, anything in this Agreement or the other Loan Documents to the contrary notwithstanding, and terminate the Credit Facilities and any right of the Borrower to request borrowings or Letters of Credit thereunder; provided, that upon the occurrence of an Event of Default specified in Section 11.1(i) or (j), the Credit Facilities shall be automatically terminated and all Obligations (other than Swap Obligations) shall automatically become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived, anything in this Agreement or in any other Loan Document to the contrary notwithstanding.
Termination of Credit Facilities. Subject to the satisfaction of Xxxxxxxxx Subsidiary of the provisions of Section 9.08 below, the Revolving Credit Agreement (the "Revolving Credit Agreement"), dated as of October 4, 1996, with The Chase Manhattan Bank ("Chase"), as amended, and all obligations under the term notes evidencing the Leasehold Related Indebtedness and all security agreements, guaranties and other agreements relating to each of the foregoing shall have been terminated and the Company shall deliver UCC-3 termination statements executed by Chase releasing all Liens of Chase with respect to the Assets.
Termination of Credit Facilities. A Credit Facility shall terminate upon the earliest to occur of:
(a) the Maturity Date;
(b) the termination of such Credit Facility in accordance with Section 13.1;
(c) the date on which, pursuant to Section 2.4, the relevant Credit Limit has been permanently reduced to zero; and
(d) in the case of the NRT Facility only, January 15, 2016, if the sole permitted drawdown under the NRT Facility has not occurred on or before such date. Upon the termination of a Credit Facility, the right of the Borrower(s) to obtain any credit under such Credit Facility and all of the obligations of the Lenders to extend credit under such Credit Facility shall automatically terminate.
Termination of Credit Facilities. (a) Credit Facility 1 shall terminate upon the earliest to occur of:
(i) the Credit Facility 1 Maturity Date;
(ii) the termination of Credit Facility 1 in accordance with Section 13.01; and
(iii) the date on which Credit Facility 1 has been permanently reduced to zero pursuant to Section 2.04.
(b) Credit Facility 2 shall terminate upon the earliest to occur of:
(i) the Credit Facility 2 Maturity Date;
(ii) the termination of Credit Facility 2 in accordance with Section 13.01; and
(iii) the date on which the amount of Credit Facility 2 has been permanently reduced to zero pursuant to Section 2.04.
(c) Upon the termination of any Credit Facility, the right of the Borrowers to obtain or maintain credit under such Credit Facility and all of the obligations of the Lenders to make credit available under such Credit Facility shall automatically terminate.
Termination of Credit Facilities. Declare the principal of and interest on the Loans, the Notes and the Reimbursement Obligations at the time outstanding, and all other amounts owed to the Lenders and to the Administrative Agent under this Agreement or any of the other Credit Documents (other than any Hedging Agreement) (including, without limitation, all LOC Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents required thereunder) and all other Credit Party Obligations (other than obligations owing under any Hedging Agreement), to be forthwith due and payable, whereupon the same shall immediately become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived, anything in this Agreement or the other Credit Documents to the contrary notwithstanding, and terminate the Credit Facilities and any right of the Borrowers to request borrowings or Letters of Credit thereunder; provided, that upon the occurrence of an Event of Default specified in Section 10.1(j) or (k), the Credit Facilities shall be automatically terminated and all Credit Party Obligations (other than obligations owing under any Hedging Agreement) shall automatically become due and payable.
