Common use of Revolving Credit Termination Date Clause in Contracts

Revolving Credit Termination Date. Unless earlier terminated in accordance with the provisions of Section 4.01, the Revolving Credit Commitments shall terminate on the Revolving Credit Termination Date. Each Lender's obligation to make Revolving Loans shall terminate on the Business Day next preceding the Revolving Credit Termination Date. All outstanding Revolving Credit Obligations shall be paid in full (or, in the case of unmatured Letter of Credit Obligations, provision for payment in cash shall be made to the satisfaction of the Issuing Banks and the Requisite Lenders) (i) if the Revolving Credit Commitments are terminated pursuant to Section 4.01, on the Revolving Credit Termination Date, and (ii) otherwise, on the earlier to occur of (A) January 31, 2004 or, if not a Business Day, the next preceding Business Day, and (B) the date of acceleration of the Obligations pursuant to Section 12.02.

Appears in 1 contract

Samples: Credit Agreement (Timco Aviation Services Inc)

AutoNDA by SimpleDocs

Revolving Credit Termination Date. Unless earlier terminated in accordance with the provisions of Section 4.01, the Revolving Credit Commitments shall terminate on the Revolving Credit Termination Date. Each Lender's obligation to make Revolving Loans shall terminate on the Business Day next preceding the Revolving Credit Termination Date. All outstanding Revolving Credit Obligations shall be paid in full (or, in the case of unmatured Letter of Credit Obligations, provision for payment in cash shall be made to the satisfaction of the Issuing Banks and the Requisite Lenders) (i) if the Revolving Credit Commitments are terminated pursuant to Section 4.01, on the Revolving Credit Termination Date, and (ii) otherwise, on the earlier to occur of (A) January July 31, 2004 2002 or, if not a Business Day, the next preceding Business Day, and (B) the date of acceleration of the Obligations pursuant to Section 12.02.

Appears in 1 contract

Samples: Credit Agreement (Aviation Sales Co)

Revolving Credit Termination Date. Unless earlier terminated in accordance with the provisions of Section 4.01, the The Revolving Credit Commitments shall terminate on the Revolving Credit Termination Date. Each Revolving Lender's obligation to make Revolving Loans shall terminate on the Business Day next preceding the Revolving Credit Termination Date. All outstanding Revolving Credit Obligations shall be paid in full (or, in the case of unmatured Letter of Credit Obligations, provision for payment in cash shall be made to the satisfaction of the Issuing Banks and the Requisite Lenders) (i) if the Revolving Credit Commitments are terminated pursuant to Section 4.01, on the Revolving Credit Termination Datedate such termination is effective, and (ii) otherwise, on the earlier to occur of (A) January 31June 18, 2004 or, if not a Business Day, the next preceding Business Day, and (B) the date of acceleration of the Obligations pursuant to Section 12.02.

Appears in 1 contract

Samples: Credit Agreement (Fairchild Corp)

AutoNDA by SimpleDocs

Revolving Credit Termination Date. Unless earlier terminated in accordance with the provisions of Section 4.01, the The Revolving Credit Commitments shall terminate on the Revolving Credit Termination Date. Each Revolving Lender's obligation to make Revolving Loans shall terminate on the Business Day next preceding the Revolving Credit Termination Date. All outstanding Revolving Credit Obligations shall be paid in full (or, in the case of unmatured Letter of Credit Obligations, provision for payment in cash shall be made to the satisfaction of the Issuing Banks and the Requisite Lenders) (i) if the Revolving Credit Commitments are terminated pursuant to Section 4.01, on the Revolving Credit Termination Datedate such termination is effective, and (ii) otherwise, on the earlier to occur of (A) January 31July 28, 2004 2000 or, if not a Business Day, the next preceding Business Day, and (B) the date of acceleration of the Obligations pursuant to Section 12.02.

Appears in 1 contract

Samples: Credit Agreement (Rhi Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.