Common use of Termination of Credit Facilities Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (Inergy L P), Credit Agreement (Inergy L P), Credit Agreement (Inergy L P)

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Termination of Credit Facilities. (a) The Working Capital Facility, the Permitted Acquisition Facility and the L/C Facility Credit Facilities shall terminate, terminate and each of the Working Capital Revolving Credit Commitment and the Permitted Acquisition Stand-Alone L/C Commitment shall be automatically reduced to zero on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

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Termination of Credit Facilities. (a) The Working Capital Facility, the Permitted Acquisition Facility and the L/C Facility Credit Facilities shall terminate, terminate and each of the Working Capital Commitment, the Acquisition Commitment and the Permitted Acquisition Swingline Commitment shall be automatically reduced to zero on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Inergy L P)

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