Common use of Scheduled Termination of Commitments Clause in Contracts

Scheduled Termination of Commitments. Unless previously terminated, the Aggregate Commitments shall terminate on the Maturity Date.

Appears in 6 contracts

Samples: Credit Agreement (Southwestern Energy Co), Credit Agreement (Plains Exploration & Production Co), Credit Agreement (Chesapeake Energy Corp)

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Scheduled Termination of Commitments. Unless previously terminated, the Aggregate Commitments Commitment shall terminate on the Maturity Date. If at any time the Maximum Aggregate Amount or the Borrowing Base is terminated (except due to an Investment Grade Period) or reduced to zero, then the Aggregate Commitment shall terminate on the effective date of such termination or reduction.

Appears in 1 contract

Samples: Credit Agreement (Energen Corp)

Scheduled Termination of Commitments. Unless previously terminated, the Revolving Aggregate Commitments shall terminate on the Maturity Date.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Exterran Holdings Inc.)

Scheduled Termination of Commitments. Unless previously terminatedterminated in accordance with this Agreement, the Aggregate Commitments shall terminate on the Scheduled Maturity Date. If at any time the Aggregate Commitments are terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.

Appears in 1 contract

Samples: Possession Credit Agreement (Lilis Energy, Inc.)

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Scheduled Termination of Commitments. Unless previously terminated, the Aggregate Commitments shall terminate on the Maturity Date. If at any time the Aggregate Commitment Amount is terminated or reduced to zero, then the Commitment of each Lender shall automatically terminate on the effective date of such termination or reduction. Notwithstanding the foregoing, the parties hereto hereby agree that this Agreement shall not be terminated until all Obligations are paid and performed in full.

Appears in 1 contract

Samples: Credit Agreement (Sanchez Energy Corp)

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