Common use of Termination and Reduction of Commitments Clause in Contracts

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) shall terminate on the Commitment Expiration Date.

Appears in 11 contracts

Samples: Credit and Letter of Credit Facility Agreement (Third Point Reinsurance Ltd.), Credit Facility Agreement (Validus Holdings LTD), Credit Facility Agreement (Validus Holdings LTD)

AutoNDA by SimpleDocs

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) all Commitments shall terminate on the Commitment Expiration Termination Date.

Appears in 7 contracts

Samples: Term Loan Agreement (Tyson Foods, Inc.), Credit Agreement (Tyson Foods Inc), Credit Agreement (Tyson Foods Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Scheduled Commitment Expiration Termination Date.

Appears in 6 contracts

Samples: Credit Agreement (Abrdn Income Credit Strategies Fund), Credit Agreement (Aberdeen Income Credit Strategies Fund), Credit Agreement (Aberdeen Asia-Pacific Income Fund Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Revolving Termination Date.

Appears in 5 contracts

Samples: Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc), Credit and Guarantee Agreement (H&r Block Inc)

Termination and Reduction of Commitments. (a) Unless previously terminatedterminated or extended, the Total Commitment (and the Commitment of each Lender) Revolving Commitments shall terminate on the Commitment Expiration Revolving Termination Date.

Appears in 4 contracts

Samples: First Lien Credit Agreement (GoodRx Holdings, Inc.), First Lien Credit Agreement (GoodRx Holdings, Inc.), First Lien Credit Agreement (GoodRx Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless a)Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Termination Date.

Appears in 3 contracts

Samples: Five Year Credit Agreement (Harsco Corp), Year Credit Agreement (Harsco Corp), Year Credit Agreement (Harsco Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment Commitments shall automatically terminate on the earlier of (and i) the Commitment Closing Date after giving effect to the funding of each Lender’s Commitments on such date and (ii) shall terminate on the Commitment Expiration Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (Apache Corp), Credit Agreement (APA Corp), Credit Agreement (APA Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Revolving Commitments shall terminate on the Commitment Expiration Revolving Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (Alta Equipment Group Inc.), Credit Agreement (B. Riley Principal Merger Corp.), Credit Agreement (Crane Co /De/)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Availability Termination Date.

Appears in 3 contracts

Samples: 364 Day Credit Agreement (Genworth Financial Inc), 364 Day Credit Agreement (Genworth Financial Inc), Credit Agreement (Winstar Communications Inc)

Termination and Reduction of Commitments. (a) Unless ----------------------------------------- previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (TRW Inc), Credit Agreement (Frontier Corp /Ny/)

Termination and Reduction of Commitments. (a) Unless ---------------------------------------- previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (McGraw-Hill Companies Inc), Credit Agreement (Global Crossing LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Dateearlier of (i) the Availability Termination Date and (ii) the date of termination of the Purchase Agreement.

Appears in 2 contracts

Samples: Collateral Agency and Intercreditor Agreement (Leap Wireless International Inc), Credit Agreement (Leap Wireless International Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Facility Termination Date.

Appears in 2 contracts

Samples: Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Termination Date, and amounts repaid thereafter may not be reborrowed.

Appears in 2 contracts

Samples: Credit Agreement (Kinder Morgan Energy Partners L P), Credit Agreement (Kinder Morgan Energy Partners L P)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Revolving Commitments shall terminate on the Revolving Commitment Expiration Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Actuate Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) terminated all Commitments shall terminate on at the Commitment Expiration Dateend of the Availability Period.

Appears in 1 contract

Samples: Credit Agreement (CSK Auto Corp)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the The Commitment of each Lender) Lender shall automatically terminate on the earlier of (x) the Closing Date (after giving effect to the Borrowing on such date) and (y) the Commitment Expiration DateTermination Time.

Appears in 1 contract

Samples: Credit Agreement (Regeneron Pharmaceuticals, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Lender shall terminate on the Commitment Expiration Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (SmileDirectClub, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Termination Date. In addition, the Commitments are subject to reduction as provided in Section 2.18(c).

Appears in 1 contract

Samples: Day Credit Agreement (Metlife Capital Trust Iii)

Termination and Reduction of Commitments. (a) Unless previously terminated, all of the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Termination Date.

Appears in 1 contract

Samples: Counterpart Agreement (DoorDash, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Revolving Commitment (and the Commitment of each Lender) shall terminate on the Commitment Expiration Termination Date.

Appears in 1 contract

Samples: Assignment and Assumption (Altair Engineering Inc.)

AutoNDA by SimpleDocs

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Revolving Commitment of each Lender) Lender shall terminate on the Revolving Commitment Expiration DateTermination Date applicable to such Lender's Revolving Commitment.

Appears in 1 contract

Samples: Credit Agreement (Trinity Industries Inc)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Date.

Appears in 1 contract

Samples: Assignment and Assumption (Arch Capital Group LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the The Commitment of each Lender) Lender shall terminate on the earlier of (i) the Commitment Expiration Termination Date or (ii) upon funding of the Loans on the Funding Date. Any termination or reduction of the Commitments pursuant to this Section 2.10 shall be permanent.

Appears in 1 contract

Samples: Term Loan Agreement (Howmet Aerospace Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Revolving Commitments shall terminate on the Commitment Expiration Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Arhaus, Inc.)

Termination and Reduction of Commitments. (a) Unless ---------------------------------------- previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration applicable Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Globenet Communications Group LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total each Commitment (and the Commitment of each Lender) shall terminate on the Commitment Expiration DateTermination Date in respect thereof.

Appears in 1 contract

Samples: Credit Agreement (Global Crossing Holdings LTD)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Revolving Commitment of each Lender) Lender shall terminate on the Revolving Commitment Expiration Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Carreker Corp)

Termination and Reduction of Commitments. (a) Unless i)Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Harsco Corp)

Termination and Reduction of Commitments. (a) Unless a)Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on upon the Facility Commitment Expiration Date.

Appears in 1 contract

Samples: Credit Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Lender shall automatically terminate on the Commitment Expiration Termination Date.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Leidos Holdings, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and Commitments shall terminate in full at the end of the Commitment of each Lender) shall terminate on the Commitment Expiration DatePeriod.

Appears in 1 contract

Samples: Credit Agreement (Tapestry, Inc.)

Termination and Reduction of Commitments. (a) Unless previously terminated, the Total Commitment (and the The Commitment of each Lender) Lender shall terminate automatically on the Commitment Expiration DateTermination Date of such Lender.

Appears in 1 contract

Samples: Assignment and Assumption (Oncor Electric Delivery Co LLC)

Termination and Reduction of Commitments. (a) Unless a)Unless previously terminated, the Total Commitment (and the Commitment of each Lender) Commitments shall terminate on the Commitment Expiration Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Keurig Dr Pepper Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.