Common use of Termination of Existing Credit Agreement Clause in Contracts

Termination of Existing Credit Agreement. Each Lender that is also a lender party to the Existing Credit Agreement hereby waives any requirement pursuant to (a) Section 2.04(a) of the Existing Credit Agreement that three Business Days notice be given of a voluntary prepayment, and (b) Section 2.05 of the Existing Credit Agreement that five Business Days notice be given of a termination of the Aggregate Commitments (as defined therein), provided that such prepayment is made and such termination is effected on the Closing Date.

Appears in 4 contracts

Samples: Credit Agreement (Fidelity National Financial, Inc.), Credit Agreement (Fidelity National Title Group, Inc.), Credit Agreement (Fidelity National Title Group, Inc.)

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Termination of Existing Credit Agreement. Each Lender that is also a lender party to the Existing Credit Agreement hereby waives any the requirement pursuant to (a) set forth in Section 2.04(a2.05(c) of the Existing Credit Agreement that three Business Days notice be given of a voluntary prepayment, and (b) Section 2.05 of the Existing Credit Agreement that Parent give at least five Business Days Days’ notice be given of a termination of the Aggregate Commitments (“Total Revolving Credit Commitment” as defined therein), provided that such prepayment is made and such termination is effected on in the Closing DateExisting Agreement.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Air Products & Chemicals Inc /De/), Revolving Credit Agreement (Air Products & Chemicals Inc /De/), Revolving Credit Agreement (Air Products & Chemicals Inc /De/)

Termination of Existing Credit Agreement. Each Lender that is also a lender party Lenders which are ---------------------------------------- parties to the Existing Credit Agreement (and which constitute "Majority Lenders" under and as defined in the Existing Credit Agreement) hereby waives any waive the five Business Days' notice requirement pursuant to (a) set forth in Section 2.04(a) 2.4 of the Existing Credit Agreement that three Business Days notice be given of a voluntary prepayment, and (b) Section 2.05 of for terminating the commitments under the Existing Credit Agreement and agree that five Business Days notice the Existing Credit Agreement shall be given of a termination of the Aggregate Commitments (as defined therein), provided that such prepayment is made and such termination is effected terminated on the Closing DateEffective Date (except for any provisions thereof which by their terms survive termination thereof).

Appears in 1 contract

Samples: Conectiv Inc

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Termination of Existing Credit Agreement. Each Lender that is also a lender party to the Existing Credit Agreement hereby waives any the requirement pursuant to (a) set forth in Section 2.04(a2.04(c) of the Existing Credit Agreement that three Business Days notice be given of a voluntary prepayment, and (b) Section 2.05 of the Existing Credit Agreement that Parent give at least five Business Days Days’ notice be given of a termination of the Aggregate Commitments (“Total Revolving Credit Commitment” as defined therein), provided that such prepayment is made and such termination is effected on in the Closing DateExisting Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Air Products & Chemicals Inc /De/)

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