Termination, Reduction and Increase of Commitments. (a) (i) Unless previously terminated, the Commitments shall terminate on the Maturity Date and (ii) in the event the Spin-Off is not consummated within three Business Days after the Effective Date, the Commitments shall automatically terminate on such third Business Day.
Appears in 4 contracts
Samples: Credit Agreement (American Standard Companies Inc), Credit Agreement (WABCO Holdings Inc.), Credit Agreement (WABCO Holdings Inc.)