Common use of Mandatory Termination Clause in Contracts

Mandatory Termination. In the event that a mandatory prepayment in full of the Advances is required by the Requisite Lenders pursuant to Section 2.06(b) (whether or not there are Advances outstanding), the Commitments of the Lenders shall immediately terminate.

Appears in 5 contracts

Samples: Credit Agreement (Viad Corp), Credit Agreement (Viad Corp), Credit Agreement (Dial Corp /New/)

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Mandatory Termination. In the event that a mandatory prepayment in full of the A Advances is required by the Requisite Lenders pursuant to Section 2.06(b) (whether or not there are Advances outstanding), the Commitments of the Lenders shall immediately terminate.

Appears in 5 contracts

Samples: Credit Agreement (Computer Sciences Corp), Credit Agreement (Computer Sciences Corp), Credit Agreement (Computer Sciences Corp)

Mandatory Termination. In the event that a mandatory --------------------- prepayment in full of the A Advances is required by the Requisite Lenders pursuant to Section 2.06(b) (whether or not there are Advances outstanding), the Commitments of the Lenders shall immediately terminate.

Appears in 2 contracts

Samples: Credit Agreement (Computer Sciences Corp), Credit Agreement (Computer Sciences Corp)

Mandatory Termination. In the event that a mandatory prepayment in full of the Advances is required by the Requisite Lenders pursuant to Section 2.06(b) (whether or not there are Advances outstanding), the Commitments of the Applicable Lenders shall immediately terminate.

Appears in 1 contract

Samples: Credit Agreement (Viad Corp)

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Mandatory Termination. In the event that a mandatory prepayment in full of the Advances is required by the Requisite Lenders pursuant to Section 2.06(b) (whether or not there are Advances outstanding), the The Commitments of the Lenders shall immediately terminateterminate if the Advances are at any time required to be prepaid pursuant to Section 2.07(b)(i).

Appears in 1 contract

Samples: Credit Agreement (McIi Holdings Usa Inc)

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