Common use of Termination and Reduction of Commitments and Swingline Commitment Clause in Contracts

Termination and Reduction of Commitments and Swingline Commitment. (a) The Term Loan Commitments shall be automatically and permanently terminated on the Closing Date (or, if earlier, on February 1, 1999), unless the Term Loans have been made in full on or prior to such date. The Revolving Credit Commitments shall be automatically and permanently terminated on the Termination Date (or on February 1, 1999, but only if the Closing Date shall not have occurred on or prior to such date). The Swingline Commitment shall be automatically and permanently terminated on the Swingline Maturity Date, unless sooner terminated pursuant to any other provision of this Section or SECTION 9.2.

Appears in 1 contract

Samples: Credit Agreement (Matria Healthcare Inc)

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Termination and Reduction of Commitments and Swingline Commitment. (a) The Term Loan Commitments shall be automatically and permanently terminated on December 31, 2004, if the Closing Date (or, if earlier, on February 1, 1999), unless the Term Loans shall not have been made in full occurred on or prior to such date. The Revolving Credit Commitments shall be automatically and permanently terminated on the Revolving Credit Termination Date (or on February 1December 31, 19992004, but only if the Closing Date shall not have occurred on or prior to such date). The Swingline Commitment shall be automatically and permanently terminated on the Swingline Maturity DateDate (or on December 31, 2004, if the Closing Date shall not have occurred on or prior to such date), unless sooner terminated pursuant to any other provision of this Section 2.5 or SECTION Section 9.2.

Appears in 1 contract

Samples: Credit Agreement (Symmetry Medical Inc.)

Termination and Reduction of Commitments and Swingline Commitment. (a) The Term Loan Commitments shall be automatically and permanently terminated on the Closing Date (or, if earlier, on February 1May 28, 1999), unless the Term Loans have been made in full on or prior to such date. The Revolving Credit Commitments shall be automatically and permanently terminated on the Revolving Credit Termination Date (or on February 1May 28, 1999, but only if the Closing Date shall not have occurred on or prior to such date). The Swingline Commitment shall be automatically and permanently terminated on the Swingline Maturity Date, unless sooner terminated pursuant to any other provision of this Section or SECTION 9.2Section 8.2.

Appears in 1 contract

Samples: Credit Agreement (Hilb Rogal & Hamilton Co /Va/)

Termination and Reduction of Commitments and Swingline Commitment. (a) The Tranche A Term Loan Commitments and Tranche B Term Loan Commitments shall be automatically and permanently terminated on June 13, 2003, if the Closing Date (or, if earlier, on February 1, 1999), unless the Term Loans shall not have been made in full occurred on or prior to such date. The Revolving Credit Commitments shall be automatically and permanently terminated on the Revolving Credit Termination Date (or on February 1June 13, 19992003, but only if the Closing Date shall not have occurred on or prior to such date). The Swingline Commitment shall be automatically and permanently terminated on the Swingline Maturity DateDate (or on June 13, 2003, if the Closing Date shall not have occurred on or prior to such date), unless sooner terminated pursuant to any other provision of this Section 2.5 or SECTION Section 9.2.

Appears in 1 contract

Samples: Credit Agreement (Symmetry Medical Inc.)

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Termination and Reduction of Commitments and Swingline Commitment. (a) The Term Loan Commitments shall be automatically and permanently terminated on the Closing Date (or, if earlier, on February 1April 30, 19992001), unless the Term Loans have been made in full on or prior to such date. The Revolving Credit Commitments shall be automatically and permanently terminated on the Revolving Credit Termination Date (or on February 1April 30, 19992001, but only if the Closing Date shall not have occurred on or prior to such date). The Swingline Commitment shall be automatically and permanently terminated on the Swingline Maturity Date, unless sooner terminated pursuant to any other provision of this Section or SECTION 9.2Section 8.2.

Appears in 1 contract

Samples: Credit Agreement (Hilb Rogal & Hamilton Co /Va/)

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