Common use of MANDATORY TERMINATION COMMITMENT Clause in Contracts

MANDATORY TERMINATION COMMITMENT. The Commitment shall automatically terminate on the last day of the Facility Period and any Loans then outstanding (TOGETHER WITH accrued interest thereon and any other amounts owing hereunder) shall be due and payable on such date.

Appears in 19 contracts

Sources: Credit Agreement (Usaa Tax Exempt Fund Inc), Facility Agreement (Usaa Investment Trust), Facility Agreement (Usaa Life Investment Trust)

MANDATORY TERMINATION COMMITMENT. The Commitment shall automatically terminate on the last day of the Facility Period and any Loans then outstanding (TOGETHER WITH together with accrued interest thereon and any other amounts owing hereunder) shall be due and payable on such date.

Appears in 12 contracts

Sources: Facility Agreement (Usaa Mutual Funds Trust), Facility Agreement (USAA ETF Trust), Facility Agreement (Usaa Mutual Funds Trust)