Termination of the Commitments. All outstanding Commitments shall terminate on the Closing Date (after giving effect to the Borrowing occurring on such date).
Termination of the Commitments. The Commitment of each Bank shall be automatically and permanently reduced to $0 on the Funding Date.
Termination of the Commitments. Declare the Commitments terminated whereupon the Commitments shall be immediately terminated.
Termination of the Commitments. On the Termination Date the Commitments of the Lenders shall be terminated in whole and the Notes shall be due and payable in their entirety.
Termination of the Commitments. The obligation of the Issuing Bank to issue the Letter of Credit Amendment shall automatically terminate if not delivered at or prior to 5:00 P.M. (New York City time) on May 1, 1998.
Termination of the Commitments. (a) The Agent shall have the right, with the consent of the Required Lenders and without notice to the Borrower, to terminate the Commitments immediately upon a Matured Default. The Revolving Loan Commitments and the LC Commitments shall be deemed immediately terminated and all of the Liabilities relating to the Revolving Loans shall be immediately due and payable, without notice to the Borrower, on the Revolving Maturity Date. The Term Loan Commitments shall be deemed immediately terminated and all of the Liabilities relating to the Term Loans shall be immediately due and payable, without notice to the Borrower, on the Term Maturity Date. In the event any of the Commitments are terminated, the remainder of this Agreement shall remain in full force and effect until the indefeasible full payment and full satisfaction of the Liabilities. Notwithstanding the foregoing, in the event that a Default of the type described in clause (i) of the definition of Matured Default occurs, then this Agreement shall be deemed to be terminated immediately, all of the Liabilities shall automatically become immediately due and payable, and the obligations of the Lenders to make Loans and the Commitments shall automatically terminate in accordance with Section 11.1, provided however, that if such Default is cured within the time period (if applicable) set forth in clause (i) of the definition of Matured Default, then this Agreement shall be deemed to be reinstated as of the date that the Agent is given written notice of a final court order effecting such cure.
Termination of the Commitments. Unless previously terminated, the Commitments on the Effective Date shall automatically and permanently terminate upon the making of the Loans on the Effective Date.
Termination of the Commitments. (a) The Commitment of each Lender shall automatically terminate upon the first to occur of (i) the making of the Advances and (ii) 5:00 P.M. (New York City time) on November 9, 2001.
Termination of the Commitments. Unless previously terminated, the Commitments shall terminate at the earlier of (a) upon funding the Advances on the Effective Date and (b) 5:00 p.m., New York City time, on the Effective Date.
Termination of the Commitments. The Company may, upon not less than four Business Days’ prior notice to the Administrative Agent, terminate the Commitments or permanently reduce the Aggregate Commitment to an amount that is not less than the Total Outstandings. Any reduction of the Aggregate Commitment (a) shall be in the amount of U.S.$10,000,000 or a higher integral multiple of U.S.$1,000,000; and (b) shall be applied to reduce the amount of the Commitment of each Lender according to its Total Pro Rata Share. All accrued facility fees to, but not including, the effective date of any reduction or termination of the Commitments shall be paid on the effective date of such reduction or termination. Subject to Section 2.20, any reduction or termination of the Aggregate Commitment shall be permanent unless the Company and all Lenders otherwise agree.
