Termination of Term Loan Commitments Sample Clauses

Termination of Term Loan Commitments. The Term Loan Commitments shall automatically terminate upon the making of the Term Loans on the Closing Date.
AutoNDA by SimpleDocs
Termination of Term Loan Commitments. The Term Loan Commitments shall be automatically and permanently reduced to zero upon the Borrowing of the Term Loan on the Closing Date.
Termination of Term Loan Commitments. The Bridge Term Loan Commitment of each Lender shall be automatically and permanently reduced to zero upon the funding of the Bridge Term Loans to be made on the Closing Date. Unless previously terminated in accordance with other terms hereof, the Bridge Term Loan Commitments shall automatically terminate at 11.59 p.m., (London time), on the earlier to occur of (i) the last day of the Certain Funds Period and (ii) the consummation of the Acquisition without the use of the Bridge Term Loans.
Termination of Term Loan Commitments. The Term Loan Commitments shall automatically terminate upon the making of the Term Loans on the Closing Date. Notwithstanding the foregoing, all the Term Loan Commitments shall automatically terminate at 5:00 p.m., New York City time, on August 5, 2011, if the initial Borrowing shall not have occurred by such time.
Termination of Term Loan Commitments. Unless previously terminated, the Tranche A Term Loan Commitments shall terminate after the borrowing of the Tranche A Term Loans on the Incremental Effective Date.
Termination of Term Loan Commitments. The Term Loan Commitments shall terminate on the Term Loan Commitment Termination Date unless sooner terminated in accordance with this Agreement. Any unused Term Loan Commitment shall terminate on the date of the making of the Term Loans. Upon at least 10 days’ prior written notice to Agent from the Borrower Agent, U.S. Borrowers may, at their option, terminate the Term Loan Commitments without premium or penalty. Any notice of termination given by Borrowers pursuant to this Section 2.5.4 shall be irrevocable but may be conditioned on a refinancing or another material event.
Termination of Term Loan Commitments. The Term Loan Commitments shall irrevocably terminate on the earlier of (i) the date that is five (5) Business Days after the End Date under, and as defined in, the Merger Agreement as in effect on the Closing Date and (ii) the date of the making of the Term Loans.
AutoNDA by SimpleDocs
Termination of Term Loan Commitments. Any unfunded Tranche A Term Loan Commitments shall terminate at 5:00 p.m. New York City time on the last day of the Tranche A Availability Period and any unfunded Tranche B Term Loan Commitments shall terminate at 5:00 p.m. New York City time on the last day of the Tranche B Availability Period.
Termination of Term Loan Commitments. The 5-Year Term Commitments and the 7-Year Term Commitments will terminate at the close of business on the Effective Date.
Termination of Term Loan Commitments. The Term Loan Commitment of each Lender, if any, shall automatically terminate at such time as such Lender shall have made available to the Borrower such Lender’s share of the Term Loan.
Time is Money Join Law Insider Premium to draft better contracts faster.