Termination of the Commitments. The Commitment of each Bank shall be automatically and permanently reduced to $0 on the Funding Date.
Appears in 6 contracts
Samples: Credit Agreement (Panhandle Eastern Pipe Line Co Lp), Credit Agreement (Southern Union Co), Credit Agreement (Southern Union Co)
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 Funding Closing Date.
Appears in 2 contracts
Samples: Credit Agreement (Panhandle Eastern Pipe Line Co Lp), Credit Agreement (Southern Union Co)
Termination of the Commitments. The Commitment of each Bank shall be automatically and permanently reduced to $0 (zero) upon the funding of the Loans on the Funding Date.
Appears in 1 contract
Samples: Credit Agreement (Southern Union Co)