Common use of Determination of Taxability Clause in Contracts

Determination of Taxability. On the date on which a Determination of Taxability occurs, notwithstanding anything to the contrary contained in this Agreement, no further Borrowings shall be made and the then outstanding principal amount of all Loans, if any, shall become due and payable and shall be prepaid in full.

Appears in 2 contracts

Sources: Credit Agreement (Cedar Fair L P), Credit Agreement (Cedar Fair L P)