Termination of Credit Facility. The Credit Facility shall terminate on the earliest of (a) the third anniversary of the Closing Date (the "Maturity Date"), (b) the date of termination by the Borrower pursuant to Section 2.5(a) and (c) the date of termination by the Administrative Agent on behalf of the Lenders pursuant to Section 10.2(a).
Termination of Credit Facility. (a) The Credit Facility shall terminate upon the earliest to occur of:
Termination of Credit Facility. The Credit Facility shall terminate on the Maturity Date.
Termination of Credit Facility. (a) The Credit Facility shall terminate on the earliest of: (i) May 30, 2007 (it being agreed by all parties hereto that, as of the Seventh Amendment Effective Date, such date has been extended to June 5, 2009), (ii) the date of termination by the Borrower pursuant to Section 2.7, (iii) the date of termination by the Administrative Agent on behalf of the Lenders pursuant to Section 12.2(a), (iv) the date which is ninety-one (91) days prior to the then current maturity date of any Specified Existing Note if on the date which is one hundred twenty (120) days prior to the then current maturity date of such Specified Existing Note either (A) the remaining outstanding principal balance thereof (excluding any such balance as to which sums have been set aside for the payment thereof pursuant to any defeasance or sinking fund or escrow arrangement or similar provisions) is in excess of $75,000,000 or (B) the Aggregate Credit Exposure is in excess of $100,000,000 and the outstanding principal balance of such Specified Existing Note (excluding any such balance as to which sums have been set aside for the payment thereof pursuant to any defeasance or sinking fund or escrow arrangement or similar provisions) has not been paid in full; or (v) the date which is ninety-one (91) days prior to the then current maturity date of any Indebtedness permitted pursuant to Section 12.1(o)(iii) if, on the date which is one hundred twenty (120) days prior to the then current maturity date of such Indebtedness, such Indebtedness has not been paid in full in accordance with the terms of this Agreement or extended or refinanced such that the maturity of such Indebtedness is more than ninety-one (91) days after May 27, 2009 (as such date may be extended pursuant to Section 2.8(b)); provided, that, on an annual basis the Borrower shall be entitled to request an extension of the Credit Facility (other than the EDC Credit Facility or the Fairfax Credit Facility) upon the same terms and conditions as contained herein for an additional 364-day period and thereafter be entitled to request subsequent extensions for 364-day periods, which request shall be granted in the Lenders’ discretion and subject to the provisions of Sections 2.8(b) and (c); provided that the following conditions are satisfied (A) no Default or Event of Default has occurred and is continuing, (B) the Credit Facility has not been terminated pursuant to clause (ii), (iii), (iv) or (v) above, (C) the Borrower provides written...
Termination of Credit Facility. (a) The Credit Facility shall terminate on the earliest of (i) May 30, 2007, (ii) the date of termination by the Borrower pursuant to Section 2.5 or (iii) the date of termination by the Administrative Agent on behalf of the Lenders pursuant to Section 12.2(a); provided, that, on an annual basis the Borrower shall be entitled to request an extension of the Credit Facility upon the same terms and conditions as contained herein for an additional 364-day period and thereafter be entitled to request subsequent extensions for 364-day periods, which request shall be granted in the Lenders' discretion and subject to the provisions of Sections 2.6(b) and (c); provided that the following conditions are satisfied (A) no Default or Event of Default has occurred and is continuing, (B) the Credit Facility has not been terminated pursuant to clause (ii) or (iii) above, (C) the Borrower provides written notice to the Administrative Agent (the "Extension Notice") at least ninety (90) days prior to the then existing Maturity Date (the date on which such Extension Notice is delivered, the "Extension Notice Date") of its request to extend the Credit Facility and (D) each of the conditions set forth in Section 5.3 on the then existing Maturity Date are satisfied by the Borrower.
Termination of Credit Facility. Section 2.6 of the Credit Agreement is hereby amended by deleting the reference to "March 31, 2000" contained in said Section and by substituting therefor a reference to "June 30, 2000".
Termination of Credit Facility. Borrower’s right to borrow under the Credit Agreement, dated as of November 13, 2002, among Borrower, Citibank, N.A., as Administrative agent, Xxxxxxx Xxxxx Xxxxxx Inc., as Co-Lead Arranger, The Bank of New York, as Co-Lead Arranger and Co-Syndication Agent, Xxxxxx Xxxxxxx Senior Funding, Inc., as Co-Syndication Agent, Bank of America, N.A., as Documentation Agent and the financial institutions parties thereto, shall have been terminated and all amounts owed by Borrower thereunder shall have been paid in full.
Termination of Credit Facility. (a) The Borrowers may terminate this Agreement upon at least twenty (20) days prior written notice thereof to the Agent and the Lenders, upon (i) the payment in full of all outstanding Loans, together with accrued and unpaid interest thereon, and the cancellation and return of all outstanding Letters of Credit (or alternatively, with respect to each such Letter of Credit, the furnishing to the Agent, in the Agent's discretion, of a Supporting Letter of Credit or cash deposit, in each case in amounts and in the manner required by Section 2.6(i)), (ii) the payment in full of the early termination fee set forth in the following sentence, (iii) the payment in full of all reimbursable expenses and other Total Obligations together with accrued and unpaid interest thereon, and (iv) the payment in full of any amount due under Section 3.6. The aggregate amount of the Revolving Commitment Amount shall not be reduced except in connection with termination of the credit facility provided pursuant to this Agreement. Subject to Section 2.8, if this Agreement is terminated at any time prior to the second Anniversary Date, whether pursuant to this Section or pursuant to Section 8.2, the Borrowers shall pay to the Agent, for the account of the Lenders, an early termination fee determined in accordance with the following table: Period during which early termination occurs Early Termination Fee On or prior to the first 2.00% of the aggregate Revolving Anniversary Date Committed Amount After the first Anniversary 1.00% of the aggregate Revolving Date but on or prior to the Committed Amount second Anniversary Date Notwithstanding the foregoing, no such early termination fee shall be payable in the event this Agreement is terminated (A) after the first Anniversary Date in connection with refinancing of the Total Obligations in a transaction in which another lending group of Bank of America or another lending group of CIT or any of their respective Affiliates provides or arranges replacement financing or (B) more than eighteen months after the Closing Date, in connection with a public offering of debt or equity securities of any Credit Party either arranged or underwritten by Bank of America, an Affiliate of Bank of America, or another investment banking firm (provided that Bank of America was offered the opportunity to lead such offering and has declined to lead such offering).
Termination of Credit Facility. The (a) Revolving Credit Facility shall terminate on the Revolving Credit Maturity Date and (b) the Swingline Facility shall terminate on the Swingline Termination Date.
Termination of Credit Facility. Unless earlier terminated pursuant to the terms hereof, the Commitments of the Banks, and the Credit Facility, shall terminate on the Termination Date. Accordingly, the Company shall pay the entire outstanding principal amount of, and all accrued but unpaid interest on, the Loans and Notes, together with any and all other amounts owing by the Company to the Bank, the Letter of Credit Banks and the Agent Bank hereunder or under the Notes, on the Termination Date.
