Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 9 contracts
Samples: Credit Agreement (Array Technologies, Inc.), Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Shoals Technologies Group, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 9 contracts
Samples: Credit Agreement (Pinnacle Foods Inc.), Credit Agreement (Pinnacle Foods Finance LLC), Converting Term Lender (Sabre Corp)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 9 contracts
Samples: Credit Agreement (Wyndham Destinations, Inc.), Credit Agreement (Wyndham Hotels & Resorts, Inc.), Credit Agreement (Wyndham Hotels & Resorts, Inc.)
Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such the Initial Term Lender’s Loans to be made by such Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments of each Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 8 contracts
Samples: Credit Agreement (Jason Industries, Inc.), Credit Agreement (Playa Hotels & Resorts N.V.), Assignment and Assumption (Signify Health, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such the Initial Term Lender’s Term Loans pursuant to Section 2.01(a)be made by it on the Closing Date. The Revolving Credit Commitments Commitment of each Class shall automatically and permanently terminate on the Maturity Date therefor. The Extended with respect to such Class of Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitments.
Appears in 8 contracts
Samples: Credit Agreement (NRG Energy, Inc.), Credit Agreement (Apria, Inc.), Credit Agreement (CONDUENT Inc)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 5 contracts
Samples: Credit Agreement (Casella Waste Systems Inc), Security Agreement (M/a-Com Technology Solutions Holdings, Inc.), Credit Agreement (Casella Waste Systems Inc)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making of such Initial Term Lender’s the Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate be automatically and permanently reduced to $0 on the Revolver Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoto such Tranche.
Appears in 5 contracts
Samples: Credit and Guaranty Agreement (Black Knight, Inc.), Credit and Guaranty Agreement (Fidelity National Financial, Inc.), Credit and Guaranty Agreement (Black Knight, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01 on the Closing Date. The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
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 making funding of such the Initial Term Lender’s Term Loans pursuant to Section 2.01(a)be made by it on the Closing Date. The Revolving Credit Commitments Commitment shall automatically and permanently terminate on the Maturity Date therefor. The Extended with respect to the Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitments.
Appears in 3 contracts
Samples: Credit Agreement (Hilton Grand Vacations Inc.), Security Agreement (Red Lion Hotels CORP), Credit Agreement (Red Lion Hotels CORP)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor such Facility.
Appears in 3 contracts
Samples: Credit Agreement (Travelport LTD), Credit Agreement (Orbitz Worldwide, Inc.), Credit Agreement (Orbitz Worldwide, Inc.)
Mandatory. The Initial Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term B Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 3 contracts
Samples: Credit Agreement (King Pubco, Inc.), Credit Agreement (KORE Group Holdings, Inc.), Credit Agreement (KORE Group Holdings, 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 making of such the Initial Term Lender’s Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate be automatically and permanently reduced to $0 on the Initial Revolver Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoto such Class.
Appears in 3 contracts
Samples: Credit Agreement (Latham Group, Inc.), Credit Agreement (Latham Group, Inc.), Credit Agreement (Latham Group, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a) or 2.01(b), as applicable. The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates date applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Yum Brands Inc), Credit Agreement (Yum Brands Inc)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a2.01(a)(i). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 2 contracts
Samples: Assignment and Assumption (Freescale Semiconductor Inc), Credit Agreement (Freescale Semiconductor Holdings I, Ltd.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding (or deemed funding) of such the Initial Term Lender’s Term Loans pursuant to Section 2.01(a)be made by it on the Closing Date. The Amendment No. 1 Revolving Credit Commitments Commitment shall automatically and permanently terminate on the Maturity Date thereforwith respect to the Amendment No. The Extended 1 Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitments.
Appears in 2 contracts
Samples: Credit Agreement (Hilton Grand Vacations Inc.), Credit Agreement (Hilton Grand Vacations Inc.)
Mandatory. The Initial Term A Commitment of each Term A Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term A Lender’s Term Loans pursuant to Section Section 2.01(a). The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments and any Incremental Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Phibro Animal Health Corp), Credit Agreement (Phibro Animal Health Corp)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making of such Initial Term Lender’s the Term Loans pursuant to in accordance with Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate be automatically and permanently reduced to $0 on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoMaturity 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 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.. (c)
Appears in 2 contracts
Samples: Credit Agreement (Array Technologies, Inc.), Credit Agreement (Shoals Technologies Group, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Term B-1 Commitment of each Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Term B-1 Lender’s Term B-1 Loans pursuant to Section 2.01(b). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01. The Unless earlier terminated in accordance with Section 2.06(a) or Section 8.02, the Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacilities.
Appears in 1 contract
Samples: Credit Agreement (Axcan Intermediate Holdings Inc.)
Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such the Initial Term Lender’s Loans to be made by such Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments of each Revolving Credit Lender and Swing Line Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 1 contract
Samples: Credit Agreement (Blucora, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 zero upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacility.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a)2.01. The Revolving Credit Commitments shall terminate on the applicable Maturity Date thereforfor each such Facility. The Extended Revolving Credit All Commitments hereunder shall terminate at 6:00 p.m. on the respective maturity dates applicable theretoClosing Date if no Term Loans hereunder have been borrowed by such time.
Appears in 1 contract
Samples: Credit Agreement (SoulCycle Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a2.01(a)(i). The Delayed Draw Term Commitments shall terminate on the Delayed Draw Term Commitment Expiration Date. The Revolving Credit Commitments shall terminate on and the Maturity Date therefor. The Extended Revolving Credit Synthetic L/C Commitments shall terminate on the respective maturity dates applicable theretoMaturity Date for each such Facility.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Tranche 1 Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Tranche 2 Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Frontier Communications Parent, Inc.)
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a2.01(a)(i) or 2.01(a)(ii). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a2.01(a)(i). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacilities.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a2.01(c). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended for the applicable Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoFacility.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a)2.01 on the Acquisition Closing Date. The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date thereforDate. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 1 contract
Mandatory. (i) The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall automatically terminate on the Revolving Maturity Date thereforDate. The Extended Revolving Letter of Credit Commitments Commitment shall automatically terminate on the respective maturity dates applicable theretoLetter of Credit Expiration Date.
Appears in 1 contract
Mandatory. The Initial Term Commitment Commitments of each Term Lender shall be automatically and permanently reduced to $0 upon the making funding of such the Initial Term Lender’s Loans to be made by such Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments of each Revolving Credit Lender shall automatically and permanently terminate on the Maturity Date therefor. The Extended applicable to such Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoCommitments.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section Sections 2.01(a) and 2.01(b). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretofor each such Facility.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended Revolving Credit Commitments and any Additional Revolving Credit Commitments shall terminate on the respective maturity dates applicable thereto.
Appears in 1 contract
Samples: Security Agreement (MARRIOTT VACATIONS WORLDWIDE Corp)
Mandatory. (i) The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
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 making funding of such the Initial Term Lender’s A Loans to be made by such Term Loans pursuant to Section 2.01(a)Lender on the Closing Date. The Revolving Credit Commitments shall terminate on the Maturity Date therefor. The Extended of each Revolving Credit Commitments Lender shall automatically and permanently terminate on the respective maturity dates applicable theretoMaturity Date for each Class of Revolving Credit Commitments.
Appears in 1 contract
Mandatory. The Initial Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Term Loans pursuant to Section 2.01(a). The Revolving Credit Commitments shall terminate on the applicable Maturity Date therefor. The Extended Revolving Credit Commitments shall terminate on the respective maturity dates applicable theretoDate.
Appears in 1 contract
Samples: First Lien Credit Agreement (SMART Technologies Inc.)
