Common use of Termination of Term Loan Facility Clause in Contracts

Termination of Term Loan Facility. The Term Loan Facility shall terminate on the Term Loan Maturity Date; provided, however, that if the Borrower has not delivered to the Administrative Agent a Notice of Borrowing before the expiration of the Availability Period, the Term Loan Facility shall terminate upon the expiration of the Availability Period.

Termination of Term Loan Facility. The Term Loan Facility and any unused Term Loan Commitments shall terminate on the Term Loan Maturity Date; provided, however, that if the Borrower has not delivered to the Administrative Agent a Notice of Borrowing before the expiration of the Availability Period, Date and all amounts outstanding under the Term Loan Facility shall terminate upon be due and payable in full in cash on the expiration of the Availability PeriodTerm Loan Maturity Date.