Common use of Termination of Term Commitments Clause in Contracts

Termination of Term Commitments. The Term Commitments shall be automatically and permanently reduced to zero on the [date all the Term Borrowings have been made hereunder]difr [Funding Date once all Term Borrowings contemplated to be made hereunder on such date have been made]difa.

Appears in 4 contracts

Samples: Credit Agreement (Echo Pharma Acquisition LTD), Credit Agreement (Echo Pharma Acquisition LTD), Credit Agreement (Echo Pharma Acquisition LTD)

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Termination of Term Commitments. The Term Commitments shall be automatically and permanently reduced to zero on the [date all the Term Borrowings have been made hereunder]difr [Funding Date once all Term Borrowings contemplated to be made hereunder on such date have been made]difamade.

Appears in 2 contracts

Samples: Senior Secured Bridge Credit Agreement (Echo Pharma Acquisition LTD), Senior Secured Bridge Credit Agreement (Echo Pharma Acquisition LTD)

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