Common use of Term Loan Commitment Clause in Contracts

Term Loan Commitment. The aggregate Term Loan Commitments shall be automatically and permanently reduced to zero on the date of the Term Borrowing (after giving effect thereto).

Appears in 7 contracts

Samples: Credit Agreement (e.l.f. Beauty, Inc.), Credit Agreement (e.l.f. Beauty, Inc.), Credit Agreement (e.l.f. Beauty, Inc.)

AutoNDA by SimpleDocs

Term Loan Commitment. The aggregate Term Loan Commitments shall be automatically and permanently reduced to zero on at the date end of the Term Borrowing (after giving effect Availability Period with respect thereto).

Appears in 2 contracts

Samples: Credit Agreement (Synalloy Corp), Credit Agreement (Ascent Industries Co.)

Term Loan Commitment. The aggregate Term Loan Commitments shall be automatically and permanently reduced to zero on the date Closing Date upon the making of the Term Borrowing on the Closing Date (after giving effect thereto).

Appears in 1 contract

Samples: Credit Agreement (GSR II Meteora Acquisition Corp.)

AutoNDA by SimpleDocs

Term Loan Commitment. The aggregate Term Loan Commitments shall be automatically and permanently reduced to zero on the date of the Term Borrowing Borrowing. (after giving effect theretoc).

Appears in 1 contract

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)

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