Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans to be made by it on the Closing Date. The Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit Commitments.
Appears in 8 contracts
Samples: Credit Agreement (NRG Energy, Inc.), Credit Agreement (CONDUENT Inc), Credit Agreement (Vivint Smart Home, Inc.)
Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans to be made by it such Term Lender on the Closing Date. The Revolving Credit Commitment Commitments of each Class Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit CommitmentsDate.
Appears in 8 contracts
Samples: Credit Agreement (Signify Health, Inc.), Credit Agreement (Signify Health, Inc.), Credit Agreement (Signify Health, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender of each Class shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans of such Class to be made by it on the Closing Date. The Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit Commitments.
Appears in 7 contracts
Samples: Credit Agreement (Sterling Check Corp.), First Lien Credit Agreement (Sterling Check Corp.), Credit Agreement (ESH Hospitality, Inc.)
Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans to be made by it such Term Lender on the Closing Date. The Revolving Credit Commitment Commitments of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit Commitments.
Appears in 5 contracts
Samples: Credit Agreement (Avantor, Inc.), Credit Agreement (Avantor, Inc.), Credit Agreement (Avantor, Inc.)
Mandatory. The Initial Closing Date Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Closing Date Term Loans to be made by it on the Closing Date. The Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit Commitments.
Appears in 4 contracts
Samples: Credit Agreement (PF2 SpinCo, Inc.), Credit Agreement (PF2 SpinCo LLC), Credit Agreement (Change Healthcare Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding making of the such Term Lender’s Initial Term Loans pursuant to be made by it Section 2.01 on the Closing Date. The Revolving Credit Commitment of each Class Commitments shall automatically and permanently terminate on the applicable Maturity Date with respect to for each such Class of Revolving Credit CommitmentsFacility.
Appears in 4 contracts
Samples: Credit Agreement (Casella Waste Systems Inc), Credit Agreement (Casella Waste Systems Inc), Credit Agreement (Casella Waste Systems Inc)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans to be made by it on the Closing Date. The Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of the Revolving Credit Commitments.
Appears in 3 contracts
Samples: Credit Agreement (Red Lion Hotels CORP), Security Agreement (Red Lion Hotels CORP), Credit Agreement (Hilton Grand Vacations Inc.)
Mandatory. The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the funding making of the Initial Term Loans to be made by it on the Closing Datein accordance with Section 2.01. The Revolving Credit Commitment of each Class Commitments shall be automatically and permanently terminate reduced to $0 on the Initial Revolver Maturity Date with respect applicable to such Class of Revolving Credit CommitmentsClass.
Appears in 3 contracts
Samples: Credit Agreement (Latham Group, Inc.), Credit Agreement (Latham Group, Inc.), Credit Agreement (Latham Group, Inc.)
Mandatory. The Initial Subject to Section 2.16, the Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the funding of the Initial Term Loans to be made by it on the Closing Datein accordance with Section 2.01. The Revolving Credit Commitment of each Class Commitments shall be automatically and permanently terminate reduced to $0 on the Maturity Date with respect to such Class of Revolving Credit CommitmentsDate.
Appears in 2 contracts
Samples: Credit Agreement (Fidelity National Information Services, Inc.), Credit Agreement (Fidelity National Information Services, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans to be made by it on the Closing DateDate upon the making of the Term Loans in accordance with Section 2.01. The Revolving Credit Commitment of each Class Commitments shall be automatically and permanently terminate reduced to $0 on the Maturity Date with respect to such Class of Revolving Credit CommitmentsMaturity Date.
Appears in 2 contracts
Samples: Credit Agreement (Lender Processing Services, Inc.), Credit Agreement (Lender Processing Services, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the funding of the Initial Term Loans to be made by it on the Closing DateLoans. The Revolving Credit Commitment of each Class shall be automatically and permanently terminate reduced to $0 on the Maturity Date with respect to such Class of Revolving Credit CommitmentsDate.
Appears in 2 contracts
Samples: Assignment and Assumption (Refco Information Services, LLC), Assignment and Assumption (Refco Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans to be made by it on the Closing Date. The Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit Commitments.
Appears in 2 contracts
Samples: Credit Agreement (Beasley Broadcast Group Inc), Credit Agreement (Beasley Broadcast Group Inc)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding (or deemed funding) of the Initial Term Loans to be made by it on the Closing Date. The Amendment No. 1 Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of the Amendment No. 1 Revolving Credit Commitments.
Appears in 2 contracts
Samples: Credit Agreement (Hilton Grand Vacations Inc.), Credit Agreement (Hilton Grand Vacations Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding making of the Initial such Term Lender’s Term Loans pursuant to be made by it on the Closing DateSection 2.01(a). The Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit Commitments.
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Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans to be made by it such Term Lender on the Closing Date. The Revolving Credit Commitment Commitments of each Class Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date with respect applicable to such Class of Revolving Credit Commitments.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the funding making of the such Initial Term Lender’s Initial Term Loans pursuant to be made by it Section 2.01(a) on the Closing Date. The Revolving Credit Commitment Commitments of each Class Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit CommitmentsCommitment Termination Date.
Appears in 1 contract
Mandatory. The Initial Term Commitment A Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term A Loans to be made by it such Term Lender on the Closing Date. The Revolving Credit Commitment Commitments of each Class Revolving Credit Lender shall automatically and permanently terminate on the respective Maturity Date with respect to such for each Class of Revolving Credit Commitments.
Appears in 1 contract
Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans to be made by it such Term Lender on the Closing Date. The Revolving Credit Commitment Commitments of each Class Revolving Credit Lender and Swing Line Lender shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit CommitmentsDate.
Appears in 1 contract
Samples: Credit Agreement (Blucora, Inc.)
Mandatory. The Initial Term A Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term A Loans to be made by it on the Closing Date. The Revolving Credit Commitment of each Class Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date. On the respective Maturity Date with respect to such Class of applicable thereto, each Extended Revolving Credit CommitmentsCommitment shall automatically and permanently terminate.
Appears in 1 contract
Samples: Credit Agreement (Res Care Inc /Ky/)
Mandatory. The Initial Subject to Section 2.14, the Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the funding of the Initial Term Loans to be made by it on the Closing Datein accordance with Section 2.01. The Revolving Credit Commitment of each Class shall be automatically and permanently terminate reduced to $0 on the Maturity Date with respect to such Class of Revolving Credit CommitmentsDate.
Appears in 1 contract
Samples: Credit Agreement (Fidelity National Financial Inc /De/)
Mandatory. The Initial Term Commitment of each Term Lender of each Class shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans of such Class to be made by it on the Closing Date, the First Amendment Effective Date, the Second Amendment Effective Date, the Third Amendment Effective Date or the ThirdFourth Amendment Effective Date, as applicable. The Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit Commitments.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender of each Class shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans of such Class to be made by it on the Closing Date. The Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit Commitments.. 100
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the funding of the Initial Term Loans to be made by it each such Lender on the Closing Date. The Revolving Credit Commitment of each Class shall automatically and permanently terminate on the Maturity Date with respect to such Class of Revolving Credit Commitments.
Appears in 1 contract
