Termination of the Commitments Sample Clauses

Termination of the Commitments. Declare the Commitments terminated whereupon the Commitments shall be immediately terminated.
Termination of the Commitments. All outstanding Commitments shall terminate on the Closing Date (after giving effect to the Borrowing occurring on such date).
Termination of the Commitments. The Commitment of each Bank shall be automatically and permanently reduced to $0 on the Funding Date.
Termination of the Commitments. On the Termination Date the Commitments of the Lenders shall be terminated in whole and the Notes shall be due and payable in their entirety.
Termination of the Commitments. The obligation of the Issuing Bank to issue the Letter of Credit Amendment shall automatically terminate if not delivered at or prior to 5:00 P.M. (New York City time) on May 1, 1998.
Termination of the Commitments. (a) The Borrower may, upon at least three Business Days' prior notice to the Administrative Agent, terminate in whole or reduce in part ratably the unused portions of the respective Revolving Credit Commitments of the Revolving Credit Lenders or, prior to the Term Loan Commitment Termination Date for the Term Loan Commitments in any Tranche, the 58 CREDIT AGREEMENT PRESTIGE BRANDS, INC. unused portions of such Term Loan Commitments of the Term Loan Lenders in such Tranche; PROVIDED, HOWEVER, that each partial reduction shall be in an aggregate amount of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and need not be ratable among the Facilities.
Termination of the Commitments. (a) The Commitment of each Lender shall automatically terminate upon the first to occur of (i) the making of the Advances and (ii) 5:00 P.M. (New York City time) on November 9, 2001.
Termination of the Commitments. The Company may, upon not less than four Business Days’ prior notice to the Administrative Agent, terminate the Commitments or permanently reduce the Aggregate Commitment to an amount that is not less than the Total Outstandings. Any reduction of the Aggregate Commitment (a) shall be in the amount of U.S.$10,000,000 or a higher integral multiple of U.S.$1,000,000; and (b) shall be applied to reduce the amount of the Commitment of each Lender according to its Total Pro Rata Share. All accrued facility fees to, but not including, the effective date of any reduction or termination of the Commitments shall be paid on the effective date of such reduction or termination. Subject to Section 2.20, any reduction or termination of the Aggregate Commitment shall be permanent unless the Company and all Lenders otherwise agree.
Termination of the Commitments. The Commitment of each Bank shall be automatically and permanently reduced to $0 simultaneously with the funding of the Loans on the Closing Date.
Termination of the Commitments. The Borrower shall have the right, upon at least five Business Days’ written notice to the Lenders, to terminate the Line of Credit Loan Commitments and/or the Term Loan Commitments, (i) in whole, or (ii) in part, in a minimum amount of $5,000,000 and an integral multiple of $5,000,000, but not to an amount less than $50,000,000; provided, however, that any termination of the Line of Credit Loan Commitments shall be accompanied, (i) in the case of a termination in whole, by payment of the Liabilities in full and the return or cash coverage (pursuant to documentation in form and substance satisfactory to the Agent) of any LC then outstanding, or (ii) in the case of a partial termination, payment of the Line of Credit Loans, the Swing Line Loans and/or the LC Obligations to the extent necessary to cause the Available Amount to be not less than zero. Any partial reduction of the Line of Credit Loan Commitments or the Term Loan Commitments pursuant to this Section 4.5 shall result in a reduction pro rata of the Line of Credit Loan Commitments or the Term Loan Commitments, as applicable, of each of the Lenders.