Common use of Termination and Reduction of Commitments Clause in Contracts

Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated on the Termination Date.

Appears in 10 contracts

Samples: Credit Agreement (Everest Re Group LTD), Credit Agreement (Intercontinentalexchange Inc), Credit Agreement (Markel Corp)

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Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated terminate on the Termination Date.

Appears in 8 contracts

Samples: Credit Agreement (Raytheon Co/), Credit Agreement (Raytheon Co/), Letter of Credit Agreement (Flowserve Corp)

Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated on the Termination Date.

Appears in 6 contracts

Samples: Agreement (Perkinelmer Inc), Credit Agreement (At&t Corp), Agreement (Perkinelmer Inc)

Termination and Reduction of Commitments. (a) The unused Commitments of each Lender shall be automatically and permanently terminated on the Termination Date.

Appears in 6 contracts

Samples: Revolving Credit Facility Agreement (Weyerhaeuser Co), Credit Facility Agreement (Weyerhaeuser Co), Credit Facility Agreement (Weyerhaeuser Co)

Termination and Reduction of Commitments. (a) The Commitments of all of the Lenders shall be automatically and permanently terminated on the Termination Date.

Appears in 5 contracts

Samples: Credit Agreement (PHH Corp), Competitive Advance and Revolving Credit Agreement (PHH Corp), Day Revolving Credit Agreement (PHH Corp)

Termination and Reduction of Commitments. (a) The Commitments shall be terminate automatically and permanently terminated on the Commitment Termination Date.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Txu Corp /Tx/), Revolving Credit Agreement (Txu Energy Co LLC), Revolving Credit Agreement (Txu Energy Co LLC)

Termination and Reduction of Commitments. (a) The Revolving Commitments and Swingline Commitment shall be automatically and permanently terminated on the Termination Date.

Appears in 4 contracts

Samples: Credit Agreement (Markel Corp), Credit Agreement (Markel Corp), Credit Agreement (Markel Corp)

Termination and Reduction of Commitments. (a) The Aggregate Commitments shall be automatically and permanently terminated on the Commitment Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (Allied World Assurance Co Holdings LTD), Credit Agreement (Allied World Assurance Co Holdings LTD), Credit Agreement (Allied World Assurance Co Holdings, AG)

Termination and Reduction of Commitments. (a) The Commitments shall be reduced to zero and automatically and permanently terminated terminate on the Commitment Termination Date.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Applied Materials Inc /De), Term Loan Credit Agreement (Applied Materials Inc /De)

Termination and Reduction of Commitments. (a) The Unless previously terminated, the Commitments shall be reduced to zero and automatically and permanently terminated terminate on the Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Applied Materials Inc /De), Credit Agreement (Applied Materials Inc /De)

Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated on the Availability Termination Date.

Appears in 2 contracts

Samples: Day Competitive Advance And (Scripps E W Co /De), Scripps E W Co /De

Termination and Reduction of Commitments. (a) The Unless previously terminated, the Commitments shall be automatically and permanently terminated on the Termination Date.

Appears in 2 contracts

Samples: Credit Facility Agreement (At&t Wireless Services Inc), At&t Wireless Services Inc

Termination and Reduction of Commitments. (a) . (a) The Commitments shall be automatically and permanently terminated on the Termination Date.

Appears in 1 contract

Samples: Agreement (At&t Corp)

Termination and Reduction of Commitments. (a) The Commitments ---------------------------------------- shall be automatically and permanently terminated on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (VWR Corp)

Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated on the Termination Expiration Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Washington Water Power Co)

Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated on the Termination DateDate (or on September 30, 1998, but only if the Closing Date shall not have occurred on or prior to such date).

Appears in 1 contract

Samples: Credit Agreement (Penn America Group Inc)

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Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated on the Termination DateDate (or on October 31, 1998, but only if the Closing Date shall not have occurred on or prior to such date).

Appears in 1 contract

Samples: Credit Agreement (Orthodontic Centers of America Inc /De/)

Termination and Reduction of Commitments. (a) The Commitments Unless previously terminated, the Commitment of each Lender shall be automatically and permanently terminated terminate on the Commitment Termination Date.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Leidos Holdings, Inc.)

Termination and Reduction of Commitments. (a) The Commitments Commitment of each Lender shall be terminate automatically and permanently terminated on the Commitment Termination DateDate of such Lender.

Appears in 1 contract

Samples: Assignment and Assumption (Oncor Electric Delivery Co LLC)

Termination and Reduction of Commitments. (a) The Unless sooner terminated pursuant to any other provision of this Section 2.6 or Section 8.2, the Commitments shall be automatically and permanently terminated on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Intercontinentalexchange Inc)

Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated on the Termination DateDate (or on December 31, 1998, but only if the Closing Date shall not have occurred on or prior to such date).

Appears in 1 contract

Samples: Credit Agreement (Pxre Corp)

Termination and Reduction of Commitments. (a) The Commitments shall be terminate automatically and permanently terminated on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Anixter International Inc)

Termination and Reduction of Commitments. (a) The Total Commitments shall be automatically and permanently terminated on the Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Platinum Underwriters Holdings LTD)

Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated on the Termination Date, unless sooner terminated pursuant to any other provision of this Section 2.5 or Section 7.2.

Appears in 1 contract

Samples: Credit Agreement (American Financial Group Inc)

Termination and Reduction of Commitments. (a) The Commitments shall be automatically and permanently terminated on the Termination DateDate (or on December 31, 1997, but only if the Closing Date shall not have occurred on or prior to such date).

Appears in 1 contract

Samples: Agreement (Orthalliance Inc)

Termination and Reduction of Commitments. (a) The Commitments Total Commitment shall be automatically and permanently terminated on the Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Browning Ferris Industries Inc)

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