Common use of Termination of Existing Credit Facility Clause in Contracts

Termination of Existing Credit Facility. Lenders which are parties to the Existing Credit Facility (and which constitute “Required Lenders” under and as defined in the Existing Credit Facility) hereby waive any advance notice requirement for terminating the commitments under the Existing Credit Facility, and the Borrower and the applicable Lenders agree that the Existing Credit Facility and the commitments thereunder shall be terminated on the date hereof (except for any provisions thereof which by their terms survive termination thereof).

Appears in 5 contracts

Samples: Credit Agreement (Great Plains Energy Inc), Credit Agreement (Great Plains Energy Inc), Credit Agreement (Great Plains Energy Inc)

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Termination of Existing Credit Facility. Lenders which are parties to the Existing Credit Facility (and which constitute "Required Lenders" under and as defined in the Existing Credit Facility) hereby waive any advance notice requirement for terminating the commitments under the Existing Credit Facility, and the Borrower Borrowers and the applicable Lenders agree that the Existing Credit Facility and the commitments thereunder shall be terminated on the date hereof (except for any provisions thereof which by their terms survive termination thereof).

Appears in 4 contracts

Samples: Credit Agreement (Pepco Holdings Inc), 364 Day Credit Agreement (Atlantic City Electric Transition Funding LLC), 364 Day Credit Agreement

Termination of Existing Credit Facility. The Lenders which are parties to the Existing Credit Facility (and which constitute "Required Lenders" under and as defined in the Existing Credit Facility) hereby waive any advance notice requirement for terminating the commitments under the Existing Credit Facility, and the Borrower and the applicable such Lenders agree that the Existing Credit Facility and the commitments thereunder shall be terminated on the date hereof of the initial Credit Extension hereunder (except for any provisions thereof which by their terms survive termination thereof).

Appears in 3 contracts

Samples: Credit Agreement (Kansas City Power & Light Co), 364 Day Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Great Plains Energy Inc)

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Termination of Existing Credit Facility. Lenders which are parties to the Existing Credit Facility (and which constitute “Required Lenders” under and as defined in the Existing Credit Facility) hereby waive any advance notice requirement for terminating the commitments under the Existing Credit Facility, and the Borrower and the applicable Lenders agree that the Existing Credit Facility and the commitments thereunder shall be terminated on the date hereof (except for any provisions thereof which by their terms survive termination thereof).. .CHAR1\1170499v7

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

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