Termination of the Commitments Sample Clauses

Termination of the Commitments. All outstanding Commitments shall terminate on the Closing Date (after giving effect to the Borrowing occurring on such date).
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Termination of the Commitments. The Commitment of each Bank shall be automatically and permanently reduced to $0 on the Funding Date.
Termination of the Commitments. Declare the Commitments terminated whereupon the Commitments shall be immediately terminated.
Termination of the Commitments. The obligation of the Issuing Bank to issue the Letter of Credit Amendment shall automatically terminate if not delivered at or prior to 5:00 P.M. (New York City time) on May 1, 1998.
Termination of the Commitments. On the Termination Date the Commitments of the Lenders shall be terminated in whole and the Notes shall be due and payable in their entirety.
Termination of the Commitments. The Agent shall have the right, with the consent of the Required Lenders and without notice to the Borrower, to terminate the Commitments immediately upon a Matured Default, or upon the repayment in full of all of the Liabilities. In addition, the Loan Commitments shall be deemed immediately terminated and all of the Liabilities shall be immediately due and payable, without notice to the Borrower, on the Maturity Date. In the event any of the Commitments are terminated, the remainder of this Agreement shall remain in full force and effect until the indefeasible full payment and full satisfaction of the Liabilities. Notwithstanding the foregoing, in the event that a proceeding under any bankruptcy, reorganization, arrangement of debt, insolvency, readjustment of debt or receivership law or statute is filed by or against the Borrower, or the Borrower makes an assignment for the benefit of creditors, the Commitments shall be deemed to be terminated immediately, and all the Liabilities shall be due and payable, provided however, that in the event a proceeding against the Borrower is dismissed within sixty (60) days of the date of its filing and there is then no other basis for the termination of the Commitments or the acceleration of the Liabilities, then the Commitments shall be deemed to be reinstated and the acceleration of the Liabilities shall be deemed to be rescinded, both as of the date the order of dismissal becomes final and the Agent is given notice thereof.
Termination of the Commitments. (a) The Commitment of each Lender shall automatically terminate upon the first to occur of (i) the making of the Advances and (ii) 5:00 P.M. (New York City time) on November 9, 2000.
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Termination of the Commitments. Increase in Aggregate Commitment
Termination of the Commitments. The Borrower shall have the right, upon at least five Business Days’ written notice to the Lenders, to terminate the Line of Credit Loan Commitments and/or the Term Loan Commitments, (i) in whole, or (ii) in part, in a minimum amount of $5,000,000 and an integral multiple of $5,000,000, but not to an amount less than $50,000,000; provided, however, that any termination of the Line of Credit Loan Commitments shall be accompanied, (i) in the case of a termination in whole, by payment of the Liabilities in full and the return or cash coverage (pursuant to documentation in form and substance satisfactory to the Agent) of any LC then outstanding, or (ii) in the case of a partial termination, payment of the Line of Credit Loans, the Swing Line Loans and/or the LC Obligations to the extent necessary to cause the Available Amount to be not less than zero. Any partial reduction of the Line of Credit Loan Commitments or the Term Loan Commitments pursuant to this Section 4.5 shall result in a reduction pro rata of the Line of Credit Loan Commitments or the Term Loan Commitments, as applicable, of each of the Lenders.
Termination of the Commitments. The aggregate Term Commitments under the Term Facility shall be automatically and permanently reduced to zero on the date of the Borrowings in respect of such Term Facility.
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