Common use of Termination of Term Commitments Clause in Contracts

Termination of Term Commitments. Unless previously terminated, each Lender’s Term Commitment shall automatically and permanently terminate on the Effective Date (after giving effect to the making of the Term Loans on such date).

Appears in 6 contracts

Samples: Term Loan Agreement (Uber Technologies, Inc), Term Loan Agreement (Uber Technologies, Inc), Term Loan Agreement (Uber Technologies, Inc)

AutoNDA by SimpleDocs

Termination of Term Commitments. Unless previously terminated, each Lender’s all Term Commitment Commitments shall automatically and permanently terminate on the Effective Closing Date (after giving effect to the making incurrence of the Term Loans on such date).

Appears in 1 contract

Samples: Term Loan Agreement (CD&R Channel Holdings, L.P.)

Termination of Term Commitments. Unless previously terminated, each Lender’s The Term Commitment Commitments shall be automatically and permanently terminate terminated on the Effective Date (after giving effect to the making date of the Borrowing of Term Loans on such dateunder Section 2.1(a).

Appears in 1 contract

Samples: Term Loan Credit Agreement (Nuverra Environmental Solutions, Inc.)

AutoNDA by SimpleDocs

Termination of Term Commitments. Unless previously terminated, each Lender’s Term Commitment shall automatically and permanently terminate on the Effective Date (after giving effect to After the making of the Term Loans on such date)the Effective Date, the Term Commitments shall be terminated in their entirety.

Appears in 1 contract

Samples: Credit Agreement (Gibraltar Packaging Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!