Common use of Termination of Term Commitments Clause in Contracts

Termination of Term Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Royalty Pharma PLC), Credit Agreement (Royalty Pharma PLC)

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Termination of Term Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date Third Amendment Effective Date, after giving effect to any Borrowing of the Term BorrowingLoans on such date.

Appears in 1 contract

Samples: Credit Agreement (Forward Air Corp)

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Termination of Term Commitments. The aggregate Term Commitments shall be automatically and permanently reduced to zero on the date of the Term BorrowingBorrowing after giving effect thereto.

Appears in 1 contract

Samples: Credit Agreement (Acadia Realty Trust)

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