Termination of Loan Commitment. The Loan Commitment hereunder shall terminate on the earlier (i) the Stated Maturity (whether by acceleration, redemption, purchase or otherwise) of the Secured Notes pursuant to the terms of the Indenture or (ii) May 14, 1999, if no portion of the Loan has been made on or before such date (other than as a result of failure of the Lender to fulfill its obligations hereunder).
Appears in 16 contracts
Samples: Senior Secured Loan Agreement (RBF Finance Co), Senior Secured Loan Agreement (R&b Falcon Corp), Senior Secured Loan Agreement (R&b Falcon Corp)
Termination of Loan Commitment. The Loan Commitment hereunder shall terminate on the earlier (i) the Stated Maturity (whether by acceleration, redemption, purchase or otherwise) of the Secured Notes pursuant to the terms of the Indenture or (ii) May 14, 1999, [if no portion of the Loan has been made on or before such date (other than as a result of failure of the Lender to fulfill its obligations hereunder).
Appears in 2 contracts
Samples: Senior Secured Loan Agreement (R&b Falcon Corp), Senior Secured Loan Agreement (RBF Finance Co)
Termination of Loan Commitment. The Loan Commitment hereunder shall terminate on the earlier (i) the Stated Maturity (whether by acceleration, redemption, purchase or otherwise) of the Secured Notes pursuant to the terms of the Indenture or (ii) May 14March 31, 19992001, if no portion of the Loan has been made on or before such date (other than as a result of failure of the Lender to fulfill its obligations hereunder).
Appears in 2 contracts
Samples: Senior Secured Loan Agreement (RBF Finance Co), Senior Secured Loan Agreement (R&b Falcon Corp)
