Optional Termination of Commitment Sample Clauses

Optional Termination of Commitment. Following the occurrence of a Change in Control, the Requisite Lenders may in their sole and absolute discretion elect, during the sixty day period immediately subsequent to the later of (a) such occurrence and (b) the earlier of (i) receipt of Borrower's written notice to the Administrative Agent of such occurrence and (ii) if no such notice has been received by the Administrative Agent, the date upon which the Administrative Agent and the Lenders have actual knowledge thereof, to terminate the Commitment. In any such case the Commitment shall be terminated effective on the date which is sixty days subsequent to the date of written notice from the Administrative Agent to Borrower thereof, and to the extent that there is then any Indebtedness evidenced by the Notes, the same shall be immediately due and payable.
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Optional Termination of Commitment. Following the occurrence of a Change in Control, the Requisite Lenders may in their sole and absolute discretion elect, during the thirty (30) day period immediately subsequent to the later of (a) such occurrence or (b) the earlier of (i) receipt of Borrower's written notice to the Administrative Agent of such occurrence or (ii) if no such notice has been received by the Administrative Agent, the date upon which the Administrative Agent has actual knowledge thereof, to terminate the Commitment, in which case the Commitment shall be terminated effective on the date which is thirty (30) days subsequent to written notice from the Administrative Agent to Borrower thereof.
Optional Termination of Commitment. Following the occurrence ---------------------------------- of a Change in Control, the Requisite Banks may in their sole and absolute discretion elect to terminate the Commitment during the sixty day period immediately subsequent to the later of (a) such occurrence or (b) the earlier of ----- -- ------- (i) receipt of written notice to the Administrative Agent of the Change in Control from Borrower and the Co-Borrowers, or (ii) if no such notice has been received by the Administrative Agent, the date upon which the Administrative Agent has actual knowledge thereof. In the event that the Banks elect to so terminate the Commitment, the Commitment shall be terminated effective on the date which is sixty days subsequent to written notice from the Administrative Agent to Borrower and the Co-Borrowers thereof.
Optional Termination of Commitment. Following the occurrence of a Change in Control, the Requisite Lenders may in their sole and absolute discretion elect, during the sixty day period immediately subsequent to the LATER OF (a) such occurrence and (b) the EARLIER of (i) receipt of Borrowers' written notice to the Administrative Agent of such occurrence and (ii) if no such notice has been received by the Administrative Agent, the date upon which the Administrative Agent and the Lenders have actual knowledge thereof, to terminate the Commitment. In any such case the Commitment shall be terminated effective on the date which is sixty days subsequent to the date of written notice from the Administrative Agent to Borrowers thereof, and to the extent that there are then any Obligations outstanding, the same shall be immediately due and payable.
Optional Termination of Commitment. Following the occurrence of a Change in Control, the Requisite Lenders may in their sole and absolute discretion elect, during the sixty day period immediately subsequent to the later of (a) such occurrence and (b) the earlier of (i) receipt of Borrower's written notice to the Administrative Agent of such occurrence and (ii) if no such notice has been received by the Administrative Agent, the date upon which the Administrative Agent and the Lenders have actual knowledge thereof, to terminate the Commitment. In any such case the Commitment shall be terminated effective on the date which is sixty days subsequent to the date of written notice from the Administrative Agent to Borrower thereof, and (i) to the extent that there is then any Indebtedness evidenced by the Notes, the same shall be immediately due and payable, and (ii) to the extent that any Letters of Credit are then outstanding, Borrower shall provide cash collateral for the same in an amount equal to the aggregate amount of all Letters of Credit then outstanding.
Optional Termination of Commitment. Following the occurrence of a Change in Control, the Requisite Banks may in their sole and absolute discretion elect to terminate the Commitment during the sixty day period immediately subsequent to the later of (a) such occurrence or (b) the earlier of (i) receipt of written notice to the Administrative Agent of the Change in Control from Borrower and the Co-Borrowers, or (ii) if no such notice has been received by the Administrative Agent, the date upon which the Administrative Agent has actual knowledge thereof. In the event that the Banks elect to so terminate the Commitment, the Commitment shall be terminated effective on the date which is sixty days subsequent to written notice from the Administrative Agent to Borrower and the Co-Borrowers thereof.
Optional Termination of Commitment. 28 2.9 Administrative Agent's Right to Assume Funds Available for Advances......................................................28 2.10 Guaranty......................................................29
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Optional Termination of Commitment. 47 2.11 Administrative Agent's Right to Assume Funds Available for Advances ................................ 48 2.12
Optional Termination of Commitment. 37 2.8 Mandatory Termination of Commitment . . . . . . . . . . . . . . .. 37 2.9 Administrative Agent's Right to Assume Funds Available for Advances. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
Optional Termination of Commitment. 41 2.10 Extension of Maturity Date...................................................................... 41 2.11 Administrative Agent's Right to Assume Funds Available for Advances............................. 42 2.12 Release and Reattachment of Collateral.......................................................... 42 2.13
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