Common use of Termination and Reduction of Commitments Clause in Contracts

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the Revolving Credit Termination Date.

Appears in 15 contracts

Samples: Credit Agreement (Waddell & Reed Financial Inc), Credit Agreement (Waddell & Reed Financial Inc), Credit Agreement (Waddell & Reed Financial Inc)

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Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments Total Commitment (and the Commitment of each Lender) shall terminate on the Revolving Credit Termination Commitment Expiration Date.

Appears in 11 contracts

Samples: Credit Facility Agreement (Validus Holdings LTD), Credit Facility Agreement (Validus Holdings LTD), Credit Facility Agreement (Validus Holdings LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 7 contracts

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

Termination and Reduction of Commitments. (a) Unless previously terminated, on the Effective Date, the Term Commitments in effect on such date shall terminate on upon the Revolving Credit Termination Datemaking of the relevant Term Loans.

Appears in 7 contracts

Samples: First Lien Credit Agreement (Franchise Group, Inc.), First Lien Credit Agreement (Franchise Group, Inc.), Credit Agreement (Franchise Group, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the Revolving Credit Scheduled Commitment Termination Date.

Appears in 6 contracts

Samples: Credit Agreement (Aberdeen Income Credit Strategies Fund), Credit Agreement (Aberdeen Asia-Pacific Income Fund Inc), Credit Agreement (Abrdn Income Credit Strategies Fund)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the Revolving Credit Termination Date.

Appears in 5 contracts

Samples: Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Loan Commitments shall terminate on the Revolving Credit Termination Date.

Appears in 5 contracts

Samples: Credit Agreement (Ion Geophysical Corp), Assignment and Assumption (Quanex Building Products CORP), Credit Agreement (Input Output Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Closing Date Term Commitments shall automatically terminate upon the making of the Closing Date Term Loans on the Closing Date and (ii) the Revolving Credit Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 4 contracts

Samples: Credit Agreement (Osmotica Pharmaceuticals PLC), Credit Agreement (Osmotica Pharmaceuticals LTD), Credit Agreement (Osmotica Pharmaceuticals LTD)

Termination and Reduction of Commitments. (a) Unless previously terminatedterminated in accordance with the terms hereof, the Revolving Credit Commitments shall terminate at the close of business on the Revolving Credit Termination Maturity Date.

Appears in 4 contracts

Samples: Credit Agreement (Lbi Media Holdings Inc), Credit Agreement (Lbi Media Holdings Inc), Credit Agreement (Lbi Media Holdings Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Credit Commitments shall terminate be automatically terminated on the Revolving Credit Termination Date.

Appears in 4 contracts

Samples: Credit Agreement (Popular Inc), Credit Agreement (Popular Inc), Credit Agreement (Popular Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the Revolving Credit Termination DateFunding Date after giving effect to the Borrowing hereunder on such date.

Appears in 4 contracts

Samples: Credit Agreement (Synchrony Financial), Credit Agreement (Synchrony Financial), Credit Agreement (Synchrony Financial)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Credit Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 4 contracts

Samples: Credit Agreement (Tim Hortons Inc.), Credit Agreement (Enterprise GP Holdings L.P.), Credit Agreement (Tim Hortons Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminatedterminated or extended, the Revolving Commitments shall terminate on the Revolving Credit Termination Date.

Appears in 4 contracts

Samples: First Lien Credit Agreement (GoodRx Holdings, Inc.), First Lien Credit Agreement (GoodRx Holdings, Inc.), First Lien Credit Agreement (GoodRx Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless a)Unless previously terminated, the Commitments shall terminate on the Revolving Credit Termination Date.

Appears in 3 contracts

Samples: Five Year Credit Agreement (Harsco Corp), Year Credit Agreement (Harsco Corp), Year Credit Agreement (Harsco Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the Revolving Credit Availability Termination Date.

Appears in 3 contracts

Samples: 364 Day Credit Agreement (Genworth Financial Inc), 364 Day Credit Agreement (Genworth Financial Inc), Credit Agreement (Winstar Communications Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the Revolving Credit Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (B. Riley Principal Merger Corp.), Credit Agreement (Alta Equipment Group Inc.), Credit Agreement (Crane Co /De/)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Construction Loan Commitments shall terminate on the Construction Loan Commitment Termination Date, and (ii) the Revolving Credit Commitments shall terminate on the Revolving Credit Commitment Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (Global Telesystems Group Inc), Credit Agreement (Flag Telecom Holdings LTD), Credit Agreement (Flag Telecom Holdings LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the Revolving Credit Facility Termination Date.

Appears in 2 contracts

Samples: Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments Revolving Commitment shall terminate on the Revolving Credit Termination Date. Term Loan A may be made only on the Effective Date, and the Term Loan A Commitment shall terminate at the end of the Effective Date.

Appears in 2 contracts

Samples: Credit Agreement (Altair Engineering Inc.), Assignment and Assumption (Altair Engineering Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the all Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Postmedia Network Canada Corp.), Revolving Credit Agreement (Postmedia Network Canada Corp.)

Termination and Reduction of Commitments. (a) Unless previously terminatedterminated in accordance with the terms hereof, the Revolving Credit Commitments shall terminate at the close of business on the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Lease Agreement (Lbi Media Holdings Inc), Credit Agreement (Lbi Media Holdings Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the Revolving Credit Termination Date. The Term Loan Commitments shall terminate upon funding of the Term Loans on the Restatement Effective Date.

Appears in 2 contracts

Samples: Credit Agreement (Signet Jewelers LTD), Credit Agreement (Signet Jewelers LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Term Commitments shall automatically terminate upon the making of the Term Loans on the Closing Date and (ii) the Revolving Credit Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Osmotica Pharmaceuticals PLC), Credit Agreement (Osmotica Pharmaceuticals LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Delayed Draw Term Loan Commitments shall terminate in full on the Delayed Draw Commitment Termination Date and (ii) the Revolving Commitments shall terminate in full on the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Tapestry, Inc.), Credit Agreement (Tapestry, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminatedterminated in accordance with the terms hereof, (i) the Revolving Credit Commitments shall automatically terminate on the Revolving Credit Termination DateDate or earlier, if otherwise required by the terms hereof and (ii) the Swingline Commitment and the L/C Commitment shall terminate in accordance with the applicable provisions of Sections 2.22 and 2.23.

Appears in 1 contract

Samples: Credit Agreement (Harland Clarke Holdings Corp)

Termination and Reduction of Commitments. (a1) Unless previously terminated, the availability of additional Borrowings under (i) the Revolving Credit Commitments and the Additional LC Credit shall terminate on the Maturity Date, and (ii) the Term Credit Commitments shall terminate on the Revolving Final Term Credit Termination Availability Date.

Appears in 1 contract

Samples: Intercreditor Agreement (Eldorado Gold Corp /Fi)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments Commitment of each Lender shall terminate on the Revolving Credit Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (SmileDirectClub, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Revolving Credit Commitments shall terminate at the close of business on the Revolving Credit Final Maturity Date and (ii) the Term Loan Commitments shall terminate at the close of business on the Term Loan Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Nl Industries Inc)

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Termination and Reduction of Commitments. (a) Unless a)Unless previously terminated, the Revolving Commitments shall terminate on the Revolving Credit Termination Maturity Date and the Initial Term Loan Commitments shall terminate upon the Initial Term Loan Commitment Expiration Date.

Appears in 1 contract

Samples: Credit Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments Revolving Commitment shall terminate on the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Assignment and Assumption (Altair Engineering Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the Revolving Credit Commitment Termination Date.

Appears in 1 contract

Samples: Assignment and Assumption (Pioneer Natural Resources Co)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Tesco Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Revolving Credit Commitments shall terminate at the close of business on the Revolving Credit Maturity Date and (ii) the Term Loan Commitments shall terminate on the Revolving Credit Term Loan Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Lamar Advertising Co)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) the Revolving Credit Commitments shall terminate on the Revolving Credit Termination DateMaturity Date and (ii) the Term Commitments shall terminate on the Closing Date immediately after the funding of the Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Radiant Systems Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, (i) all Existing Revolving Commitments shall terminate on the Second Restatement Effective Date and (ii) all Revolving Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Cinemark Usa Inc /Tx)

Termination and Reduction of Commitments. (a) Unless previously terminated, the The Term Commitments shall terminate on the Effective Date simultaneous with the funding of the Loans made under those Commitments on the Effective Date, and the Revolving Commitments shall terminate on the last day of the Revolving Credit Termination DateAvailability Period.

Appears in 1 contract

Samples: Credit Agreement (Renaissance Media Capital Corp)

Termination and Reduction of Commitments. (a) The Term Commitments shall terminate on the Effective Date upon the borrowing of the Term Loans. Unless previously terminated, the all Revolving Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Crown Media Holdings Inc)

Termination and Reduction of Commitments. (a) Unless (i) The Term Commitments existing on the Closing Date shall automatically terminate upon the making of the Term Loans on the Closing Date and (ii) unless previously terminated, the Revolving Credit Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Intercreditor Agreement (Post Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Term Commitments shall will terminate immediately following the making of the Term Loans on the Effective Date. Unless previously terminated, the Revolving Commitments (together with the obligations of the Issuing Banks to issue, amend, renew or extend Letters of Credit) will terminate on the Revolving Credit Termination Credit/LC Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Healthsouth Corp)

Termination and Reduction of Commitments. (a) Unless a)Unless previously terminated, the Revolving Commitments shall terminate on the Revolving Credit Termination DateMaturity Date and the Term Commitments shall terminate upon final disbursement of the Term Loans or the end of the Availability Period for the Term Facility, whichever comes first.

Appears in 1 contract

Samples: Credit Agreement (Indus Realty Trust, Inc.)

Termination and Reduction of Commitments. (a) Unless a)Unless previously terminated, (i) the Closing Date Term Commitments shall automatically terminate upon the making of the Closing Date Term Loans on the Closing Date and (ii) the Revolving Credit Commitments shall terminate on the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Osmotica Pharmaceuticals PLC)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall will terminate on the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Intercreditor Agreement (Healthsouth Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving Commitments shall terminate on the Revolving Credit Termination Maturity Date and the Incremental Term Commitments shall terminate upon the Incremental Term Facility Commitment Expiration Date.

Appears in 1 contract

Samples: Credit Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate on the Revolving Credit Commitment Termination Date (provided that the Lenders shall thereafter continue to make extensions and conversions of Loans outstanding on the Commitment Termination Date until the Maturity Date).

Appears in 1 contract

Samples: Credit Agreement (Wellpoint Health Networks Inc /De/)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments shall terminate at the close of business on the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Metlife Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Commitments Revolving Credit Commitment shall terminate at the close of business on the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (LTX Corp)

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