Examples of Facility Termination in a sentence

Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow at any time prior to the Facility Termination Date.
This Guaranty is a continuing and irrevocable guaranty of all Secured Obligations now or hereafter existing and shall remain in full force and effect until the Facility Termination Date.
All of the Borrower’s obligations under this Article III shall survive termination of the Aggregate Commitments, repayment of all other Obligations hereunder, resignation of the Administrative Agent and the Facility Termination Date.
The Commitments to lend hereunder shall expire on the Facility Termination Date.
Any outstanding Advances and all other unpaid Obligations shall be paid in full by the Borrower on the Facility Termination Date.

More Definitions of Facility Termination

Facility Termination shall have the meaning provided in Section 13.17(b).

Facility Termination means the first date on which all of the following shall have occurred: (a) all Commitments, and all obligations of the Issuing Banks to issue any Letters of Credit hereunder, have terminated or expired, (b) all Obligations have been paid in full in cash (other than any indemnification and other contingent obligations not then due and payable and as to which no claim has been made at such time), and (c) all Letters of Credit have terminated or expired (other than any Letter(s) of Credit which have been Cash Collateralized in an amount equal to 105% of the face amount of such outstanding Letter(s) of Credit in accordance with the terms of this Agreement or other arrangements with respect thereto satisfactory to the applicable Issuing Bank in such Issuing Bank’s sole discretion have been made).

Facility Termination means the date on which (i) all Aggregate Unpaids have been fully paid, (ii) the Maximum Net Investment is reduced to zero and (iii) no Letters of Credit remain outstanding.

Facility Termination means such time as when (a) all Commitments have terminated or expired, and (b) all Obligations have been paid in full (other than any indemnification and other contingent obligations not then due and payable and as to which no claim has been made at such time). [364-Day Revolving Credit Agreement]

Facility Termination means such time as when (a) all Commitments and Swingline Commitments, and all obligations of the Issuing Banks to issue any Letters of Credit, have terminated or expired, (b) all Obligations have been paid in full (other than any indemnification and other contingent obligations not then due and payable and as to which no claim has been made at such time) and (c) all Letters of Credit have terminated or expired (other than those which have been cash collateralized in accordance with the terms of this Agreement or other arrangements with respect thereto satisfactory to the applicable Issuing Bank in such Issuing Bank’s sole discretion have been made).

Facility Termination means the date on which the principal and interest on the Loans, all LC Disbursements, the fees, expenses and other amounts payable under the Loan Documents and the other Obligations (other than contingent indemnification obligations and other Obligations expressly stated to survive such payment and termination) shall have been paid in full in cash, the Commitments shall have been terminated or expired and no Letters of Credit shall be outstanding (or, if outstanding, such Letters of Credit have been cash collateralized or backstopped or other arrangements with respect thereto have been made, in each case, on terms reasonably satisfactory to the Administrative Agent and the Issuing Bank).

Facility Termination shall have the meaning given in Section 10.2.