Common use of Termination of Commitments under Existing Credit Agreement Clause in Contracts

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c) of the Existing Credit Agreement that three Business Days’ (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder is waived.

Appears in 5 contracts

Samples: Credit Agreement (National General Holdings Corp.), Credit Agreement (National General Holdings Corp.), Credit Agreement (PTC Inc.)

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Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Closing Date, all of the commitments to extend credit under the Existing Credit Agreement to which such signatory is a party will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c) of , the Existing Credit Agreement that three Business Days’ (as defined therein) shall be terminated and of no further force or effect and any and all conditions precedent or required notice periods in connection with such termination are hereby waived and of the termination of such commitments be given to the administrative agent thereunder is waivedno further force and effect.

Appears in 3 contracts

Samples: Credit Agreement (Telephone & Data Systems Inc /De/), Credit Agreement (United States Cellular Corp), Credit Agreement (United States Cellular Corp)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement to which such signatory is a party will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c) of , the Existing Credit Agreement that three Business Days’ (as defined therein) shall be terminated and of no further force or effect and any and all conditions precedent or required notice periods in connection with such termination are hereby waived and of the termination of such commitments be given to the administrative agent thereunder is waivedno further force and effect.

Appears in 1 contract

Samples: Credit Agreement (Fiserv Inc)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c2.01(c) of the Existing Credit Agreement that three Business Days’ (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder is waived.

Appears in 1 contract

Samples: Credit Agreement (Aceto Corp)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Closing Date, all of the commitments to extend credit under the Existing Credit Agreement to which such signatory is a party will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c) of , the Existing Credit Agreement that three Business Days’ (as defined therein) shall be terminated and of no further force or effect and any and all conditions precedent or required notice periods in connection with such termination are hereby waived and of the termination of such commitments be given to the administrative agent thereunder is waived.no further force and effect. 131

Appears in 1 contract

Samples: Credit Agreement (Telephone & Data Systems Inc /De/)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c) of the Existing Credit Agreement that three Business Days' (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder is waived.

Appears in 1 contract

Samples: Credit Agreement (Brunswick Corp)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Closing Date, all of the commitments to extend credit under the Existing Credit Agreement to which such signatory is a party will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c) of , the Existing Credit Agreement that three Business Days’ (as defined therein) shall be terminated and of no further force or effect and any and all conditions precedent or required notice periods in connection with such termination are hereby waived and of the termination no further force and effect. [Remainder of such commitments be given to the administrative agent thereunder is waived.page intentionally left blank]

Appears in 1 contract

Samples: Credit Agreement (Telephone & Data Systems Inc /De/)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Closing Date, all of the commitments to extend credit Commitments under the Existing Credit Agreement to which such signatory is a party will be terminated automatically. This Agreement constitutes automatically and any and all required notice thereof periods in connection with such termination are hereby waived and pursuant hereto the requirement contained in Section 2.09(c) of the Existing Credit Agreement that three Business Days’ (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder is waivedno further force and effect.

Appears in 1 contract

Samples: Credit Agreement (Coca Cola Bottling Co Consolidated /De/)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c2.08(c) of the Existing Credit Agreement that three Business Days’ (as defined therein) the requirement for prior notice of the such termination of such commitments be given to the administrative agent thereunder is waived.

Appears in 1 contract

Samples: Credit Agreement (Cambrex Corp)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be terminated automatically. This Agreement constitutes automatically and any and all required notice thereof periods in connection with such termination are hereby waived and pursuant hereto the requirement contained in Section 2.09(c) of the Existing Credit Agreement that three Business Days’ (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder is waivedno further force and effect.

Appears in 1 contract

Samples: Credit Agreement (Arbitron Inc)

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Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c) of the Existing Credit Agreement that three (3) Business Days’ (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder is waived.

Appears in 1 contract

Samples: Credit Agreement (Wellcare Health Plans, Inc.)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto Loan Parties and the Lenders that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c) of , the Existing Credit Agreement that three Business Days’ shall be terminated and of no further force or effect (except as defined therein) notice of otherwise expressly provided therein to survive the termination thereof), and any and all conditions precedent or required notice periods in connection with such termination are hereby waived and of such commitments be given to the administrative agent thereunder is waivedno further force and effect.

Appears in 1 contract

Samples: Credit Agreement (Landstar System Inc)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c2.08(c) of the Existing Credit Agreement that three Business Days’ (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder is waived.

Appears in 1 contract

Samples: Credit Agreement (Brunswick Corp)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement to which such signatory is a party will be terminated automatically. This Agreement constitutes and cancelled automatically and any and all required notice thereof periods in connection with such termination are hereby waived and pursuant hereto the requirement contained in Section 2.09(c) of the Existing Credit Agreement that three Business Days’ (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder is waivedno further force and effect.

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be terminated automatically. This Agreement constitutes notice thereof and pursuant hereto the requirement contained in Section 2.09(c) of the Existing Credit Agreement that three Business Days’ (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder under the Existing Credit Agreement is hereby waived.

Appears in 1 contract

Samples: Credit Agreement (Dice Holdings, Inc.)

Termination of Commitments under Existing Credit Agreement. Each of the signatories hereto Lenders that is also a party to the Existing Credit Agreement hereby agrees that, as of the Effective Date, all of the commitments to extend credit under the Existing Credit Agreement will be are terminated automatically. This Agreement constitutes automatically and of no further force or effect and any and all conditions precedent or required notice thereof periods in connection with such termination are hereby waived and pursuant hereto the requirement contained in Section 2.09(c) of the Existing Credit Agreement that three Business Days’ (as defined therein) notice of the termination of such commitments be given to the administrative agent thereunder is waivedno further force and effect.

Appears in 1 contract

Samples: Borrowing Subsidiary Agreement (Fuller H B Co)

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