Termination of the Commitment. Upon the earlier to ----------------------------- occur of (i) September 30, 1999, (ii) the occurrence of a Trigger Event, (iii) the closing of the financing pursuant to the Securities Purchase Agreement, or (iv) the Lender's declaration of an Event of Default, any unused portion of the Term Commitment shall terminate. After the Term Commitment terminates under this Section 2.07 it may not be reinstated.
Termination of the Commitment. Subject to the conditions set forth below, SAI may, on at least five Business Days’ prior written notice received by GS, terminate GS’s obligations under this Agreement provided that the following conditions are satisfied:
(a) The stated date of termination is after December 31, 2006;
(b) If (i) the stated date of termination is between January 1, 2007 and June 30, 2007, then SAI shall pay or cause to be paid a premium equal to 10% (1000 basis points) or (ii) the stated date of termination is between July 1, 2007 and December 31, 2007, then SAI shall pay or cause to be paid a premium equal to 5% (500 basis points), in each case times the Commitment Amount plus all Reimbursement Claims that remain unpaid on the date of termination and accrued interest on all such Reimbursement Claims that remain unpaid on the date of termination; and
(c) All of the Obligations (including any prepayment premium due pursuant to Section 2.4(b)) shall have been Paid in Full.
Termination of the Commitment. (a) Section 7(a) of the Commitment Letter is hereby amended to read in its entirety as follows:
(a) (i) July 9, 2004, if the Post-Effective Amendment No. 1 to Form S-4 (including the additional registration statement on Form S-4), which shall reflect the terms set forth in Schedule 2 hereto (as amended by the Sixth Extension of Commitments dated June 30, 2004), has not been filed the Commission by such date, (ii) 30 calendar days following the filing with the Commission referred to in clause (i) above, if the amendment to the Form S-4, as described in Section 6(a) hereof (as amended by the Sixth Extension of Commitments dated June 30, 2004), has not been declared effective by such date and (ii) two Business Days after such amendment to the Form S-4 has been declared effective, if the Exchange Offer has not been commenced by the end of such date (on the terms set forth in such amendment to the Form S-4);”
(b) Section 7 of the Commitment Letter is hereby amended by deleting “and” at the end of clause (h), replacing the period a the end of clause (i) with “; and” and adding a clause (j) thereto as follows:
Termination of the Commitment. Any part of the Commitment undrawn and uncancelled at the end of the relevant Availability Period shall thereupon be automatically cancelled.
Termination of the Commitment. The Commitment of Lender hereunder shall terminate upon the earlier of (i) the Final Maturity Date and (ii) the date upon which Borrower's Net Income, determined in accordance with GAAP (but before the payment of rent and other obligations under the Leases), for the preceding 12 calendar months is equal to or in excess of 1.25 times the amount of Borrower's rental and other obligations under the Leases for the same period.
Termination of the Commitment. Immediately after the initial Borrowing, the unused portion, if any, of the Commitment shall terminate. At 5:00 p.m., New York City time, on the Commitment Termination Date, the unused portion, if any, of the Commitment shall terminate.
Termination of the Commitment. The Commitment shall terminate at 5:00 P.M. (New York City time) on the date that is sixty days after the Original Effective Date or, if such date is not a Business Day, on the next Business Day thereafter if Advances with respect to the Commitment are not made to the Borrower pursuant to Section 2.01.
Termination of the Commitment. The Company and the Bank shall each have the right, at any time prior to the termination of the Commitment pursuant to Section 6.02, to terminate the Commitment by notice to the other party (which may be given at the sole discretion of either party). Each such notice (whether by the Bank or the Company) shall be effective 90 calendar days from the date on which the notice is given to the other party. Any termination of the Commitment pursuant to Section 6.02 will supersede any notice of termination given under this Section. Upon the termination of the Commitment, the Bank shall have no obligations to make any further Loans hereunder and all obligations and liabilities of the Company to the Bank hereunder, including principal and interest and all accrued facility fees accrued, shall be paid in full by the Company. Such payment shall be subject to the provisions of Section 2.09.
Termination of the Commitment. Unless previously ----------------------------- terminated, the Commitment shall terminate at 5:00 p.m., New York City time, on the Effective Date.
Termination of the Commitment. The Commitments shall terminate on the Commitment Termination Date and the Banks shall have no further obligation to make additional Advances.
