Mandatory Reduction and Termination of Commitments. The Commitments shall terminate on the Termination Date and any Loans then outstanding (together with accrued interest thereon) shall be due and payable on such date.
Mandatory Reduction and Termination of Commitments. The Commitments shall terminate on the Termination Date and any Loans then outstanding (together with accrued interest thereon) shall be due and payable on such date. In the event of a Change in Control, the Administrative Agent (acting at the direction of the Required Banks) may terminate the Commitments on a date specified in a notice to the Borrowers, which date (i) must be at least 3 Domestic Business Days following the date of such notice, and (ii) shall constitute the Termination Date for all purposes hereunder.
Mandatory Reduction and Termination of Commitments. The Commitments shall terminate on the Termination Date, or on any earlier date pursuant to the provisions of and under the circumstances provided in Section 2.11(d), and in either case any Loans then outstanding (together with accrued interest thereon and, in the case of a termination pursuant to Section 2.11(d), any other amounts payable pursuant to such Section 2.11(d)) shall be due and payable on such date.
Mandatory Reduction and Termination of Commitments. The -------------------------------------------------- Commitments shall terminate on the Termination Date and any Advances, Swing Line Advances and if demand had not been earlier made Letter of Credit Advances then outstanding (together with accrued interest thereon) shall be due and payable on such date.
Mandatory Reduction and Termination of Commitments. The -------------------------------------------------- Tranche A Commitments shall terminate on the Tranche A Termination Date and the Tranche B Commitments shall terminate on the Tranche B Termination Date and any Tranche A or B Loans, as the case may be, then outstanding (together with accrued interest thereon) shall be due and payable by the Borrower on such date.
Mandatory Reduction and Termination of Commitments. The Commitments shall terminate on the Termination Date and any Loans then outstanding (together with accrued interest thereon) shall be due and payable on such date. In the event of a Change in Control, the Agent (acting at the direction of the Required Banks) may terminate the Commitments on a date specified in a notice to the Borrower, which date (i) must be at least 3 Domestic Business Days following the date of such notice, and (ii) shall constitute the Termination Date for all purposes hereunder, in which event (x) no Tender Advances shall be made thereafter, and (y) to the extent of any existing Letter of Credit Obligations, the Borrower shall immediately deposit with the Agent the principal amount thereof and the amount so deposited shall be set aside as a cash collateral reserve for payment of the Reimbursement Obligations relating to Letters of Credit which are subsequently funded, pursuant to Section 7.01.
Mandatory Reduction and Termination of Commitments. (a) If, upon a transfer of assets or the discontinuance or elimination of a Subsidiary or division (in a single transaction or in a series of related transactions), the aggregate assets so transferred or utilized in a Subsidiary or division to be so discontinued, when combined with all other assets transferred, and all other assets utilized in all other Subsidiaries or divisions discontinued since the Closing Date, constitute more than 30% of Consolidated Total Assets (excluding from such calculation assets of the types described in clause (ii) of the last sentence of Section 5.04) measured as of (x) until the Keebler Acquisition, September 20, 1997, and (y) thereafter, the date of the Keebler Acquisition (the amount of such excess being the "Excess Proceeds"), then the Borrower shall promptly (and in any event within 5 Domestic Business Days after such sale) notify in writing the Agent and the Banks thereof, which notice shall include the amount of the Excess Proceeds and the amount of such Excess Proceeds which the Borrower intends to invest in operating assets of the Borrower within 90 days after such sale (the "Intended Reinvestment Amount"), and the aggregate amount of the Commitments shall be permanently reduced (i) on the date which is 5 Domestic Business Days after such sale, by an amount equal to the difference between the Excess Proceeds and the Intended Reinvestment Amount, and (ii) on the date which is 90 days after such sale, by the amount of any Excess Proceeds which was included in the Intended Reinvestment Amount but which have not been invested in operating assets of the Borrower within such 90 day period (and the Borrower shall notify the Agent and the Banks of such amount on such date), and in each case the Borrower shall make any prepayments required by Section 2.11 as a result thereof.
Mandatory Reduction and Termination of Commitments. (a) The Commitments shall be permanently reduced in amounts equal to 100% of the aggregate Net Cash Proceeds from any issuance of Debt by the Borrower or any of its Subsidiaries (excluding Debt permitted pursuant to Section 5.18) and from any Equity Issuance, in each case issued in connection with a Capital Markets Transaction. Such reductions shall be made on the date of receipt of the Net Cash Proceeds of any such transaction.
Mandatory Reduction and Termination of Commitments. (a) The Revolver Loan Commitments shall terminate on the Termination Date and any Revolver Loans then outstanding (together with accrued interest thereon) shall be due and payable on such date. The Term Loan Commitments shall terminate on the Amortization Date.
Mandatory Reduction and Termination of Commitments. The Revolving Credit Commitments shall terminate on the Revolving Credit Termination Date and any Revolving Loans then outstanding (together with accrued interest thereon) shall be due and payable on such date and all then outstanding Letters of Credit, if any, shall be cash collateralized as "Post-Termination Letters of Credit" pursuant to Section 2.15(k).
