Termination of Revolving Commitments Sample Clauses

Termination of Revolving Commitments. Terminate the Revolving Commitments, including, without limitation, the obligation of the Agent to issue Letters of Credit, without notice to the Borrower;
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Termination of Revolving Commitments. The Revolving Commitments ------------------------------------ hereunder shall terminate on the Revolving Commitment Termination Date.
Termination of Revolving Commitments. On the last day of the Commitment Period, the Revolving Commitments shall terminate and all amounts outstanding thereunder shall be immediately due and payable.
Termination of Revolving Commitments. (a) Unless previously terminated pursuant to this Section 2.9, all the Revolving Commitments shall terminate on the Maturity Date. (b) Subject to the terms of Section 5.11, the Borrower may at any time terminate the Revolving Commitments upon (i) the payment in full of all outstanding Loans, together with accrued and unpaid interest thereon and on any Letters of Credit, (ii) the cancellation and return of all outstanding Letters of Credit (or alternatively, with respect to each such Letter of Credit, the furnishing to the Administrative Agent of a cash deposit (or at the discretion of the Administrative Agent a back up standby letter of credit satisfactory to the Administrative Agent) equal to 102% of the LC Exposure as of such date), (iii) the payment in full of the accrued and unpaid fees, and (iv) the payment in full of all reimbursable expenses and other Obligations together with accrued and unpaid interest thereon. (c) The Borrower may from time to time reduce the Revolving Commitments; provided, that (i) each reduction of the Revolving Commitments shall be in an amount that is an integral multiple of $500,000 and not less than $500,000 and (ii) the Borrower shall not reduce the Revolving Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.10, the sum of the aggregate Revolving Exposures of all Lenders would exceed the aggregate Revolving Commitments of all Lenders. (d) The Borrower shall notify the Administrative Agent of any election to terminate or reduce the Revolving Commitments under paragraph (b) or (c) of this Section at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Revolving Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. Any termination or reduction of the Revolving Commitments shall be permanent. Each reduction of the Revolving Commitments shall be made ratably among the Lenders in ...
Termination of Revolving Commitments. The Borrowers shall have the right, upon not less than five Business Daysnotice to the Administrative Agent, to terminate the Revolving Commitments; provided that no such termination of the Revolving Commitments shall be permitted unless all outstanding Revolving Loans, Swingline Loans, Foreign Currency Loans and UK Foreign Currency Loans are repaid on or before the effective date thereof and all L/C Obligations are either cash collateralized in an amount equal to the L/C Obligations or otherwise secured by arrangements reasonably satisfactory to the Administrative Agent and the Required Lenders.
Termination of Revolving Commitments. Terminate the Revolving Commitments without notice to Borrower or Parent.
Termination of Revolving Commitments. Unless previously terminated, the Revolving Commitments and the Swingline Commitment shall automatically terminate on the Maturity Date and the LC Commitment shall automatically terminate on the Letter of Credit Expiration Date subject to the provisions set forth in Section 2.17(c).
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Termination of Revolving Commitments. Upon delivering the notice required by Section 2.09(h), the Borrower Agent may at any time terminate the Revolving Commitments, which termination shall terminate all U.S. Revolving Commitments and Canadian Revolving Commitments, upon (i) the payment in full of all outstanding Revolving Loans, together with accrued and unpaid interest thereon, (ii) the cancellation and return of all outstanding Letters of Credit (or alternatively, with respect to each such Letter of Credit, the furnishing to the Agent of a cash deposit (or at the discretion of the Agent a back up standby letter of credit reasonably satisfactory to the Agent) equal to 103% of the LC Exposure as of such date) and (iii) the payment in full of all accrued and unpaid fees and all reimbursable expenses then due and payable under the Loan Documents.
Termination of Revolving Commitments. The Revolving Commitments shall terminate on the Termination Date, unless sooner terminated in accordance with this Agreement. Upon at least ten days prior written notice to the Agent, the Borrowers may, at their option, terminate the Revolving Commitments and this credit facility. Any notice of termination given by the Borrowers shall be irrevocable. On the termination date, the Borrowers shall make Full Payment of all Obligations.
Termination of Revolving Commitments. The Borrower shall have the right, upon not less than five (5) Business Days’ irrevocable notice to the Administrative Agent, to terminate the Revolving Commitments in their entirety or, from time to time, to reduce the amount of the Revolving Commitments; provided that no such termination or reduction shall be permitted if, after giving effect thereto and to any payments of Borrowings made on the effective date thereof, the Total Exposure would exceed the remaining Aggregate Commitments, subject to the provisions of the following paragraph. Any such reduction shall be in an amount equal to $500,000 or a whole multiple thereof and shall reduce permanently the Revolving Commitments. Any such reduction shall reduce the Revolving Commitments of all of the Lenders ratably in proportion to their respective Revolving Commitments. The Administrative Agent shall promptly forward to the Lenders any notice of termination or reduction of the Revolving Commitments.
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