Facility Termination Date Clause Samples

Facility Termination Date. The Borrower shall repay the entire principal amount outstanding of any Loans on the Facility Termination Date and, if any Letter of Credit Outstandings exist, then on such date the Borrower shall cause each Letter of Credit to be replaced or cash collateralized in accordance with the provisions of Section 5.2(b).

Facility Termination Date. Each Term Loan shall be paid in full by the Borrower on the Facility Termination Date.

Facility Termination Date. Notwithstanding anything to the contrary set forth herein, no Purchaser shall have any obligation to purchase any additional Purchaser Interests from and after the Facility Termination Date.

Facility Termination Date. Notwithstanding anything to the contrary set forth herein, no Lender shall have any obligation to make any Advances from and after the Facility Termination Date.

Facility Termination Date. The Facility Termination Date shall not have occurred;

Facility Termination Date. The aggregate Outstanding Principal Amount shall be due and payable in full on the Facility Termination Date.

Facility Termination Date. The Aggregate Outstanding Credit Exposure and all other unpaid Obligations shall be paid in full by the Borrower (or, in the case of LC Obligations in respect of Facility LCs with an expiry date after the Facility Termination Date, cash collateralized in accordance with Section 2.17.1 and 2.17.11) on the Facility Termination Date.

Facility Termination Date. On the Payment Date immediately following each Facility Termination Date on which Exchange Notes are being issued by the Issuer pursuant to Section 2.13, the Indenture Trustee acting at the direction of the Servicer, shall withdraw from the Hedge Reserve Account an amount equal to the excess of (i) the amount of cash or other immediately available funds on deposit in the Hedge Reserve Account on such Payment Date over (ii) the amount withdrawn in accordance with the second sentence of Section 3.02(e)(ii) above, and pay such amount, free and clear of the Lien of this Indenture and Servicing Agreement, to the indenture trustee under the related Exchange Notes Indenture, for deposit into the hedge reserve account for such Exchange Notes; or if no hedge reserve account has been established for such Exchange Notes, into the related collection account for distribution in accordance with the indenture for such Exchange Notes.”

Facility Termination Date. (a) Any outstanding Revolving Loans, L/C Obligations and all other unpaid Obligations shall be paid in full by the applicable Borrower on the Facility Termination Date. Notwithstanding the termination of this Agreement on the Facility Termination Date, until all of the Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied and all financing arrangements among the Borrowers and the Lenders hereunder and under the other Loan Documents shall have been terminated, all of the rights and remedies under this Agreement and the other Loan Documents shall survive. (b) Parent may extend the Facility Termination Date (as it may theretofore have been extended) for additional 1- or 2-year periods (a “Facility Termination Date Extension”) by providing written notice of such request to the Administrative Agent not more than 60 days and not less than 30 days prior to each anniversary of the Effective Date (any such applicable anniversary of the Effective Date, the “Extension Date”). The Administrative Agent shall promptly notify each Lender and L/C Issuer of such request and each Lender and L/C Issuer shall then, in its sole discretion, notify Parent and the Administrative Agent in writing no later than 15 days prior to the Extension Date whether such Lender or L/C Issuer will consent to the extension (each such Lender consenting to the extension, an “Consenting Lender”). The failure of any Lender or L/C Issuer to notify Parent and the Administrative Agent of its intent to consent to any extension shall be deemed a rejection by such Lender or L/C Issuer, as applicable. Such extension shall be effective as to Consenting Lenders and each L/C Issuer consenting to such extension if the Required Lenders approve such Facility Termination Date Extension; provided that (A) the Facility Termination Date following any such extension shall not be a date that is more than five years after the applicable Extension Date and (B) at the existing Facility Termination Date in effect prior to each Facility Termination Date Extension, (1) the commitments of Lenders and L/C Issuers that did not consent to such Facility Termination Date Extension (each such Lender not consenting to the extension, a “Declining Lender”) will be terminated and the Revolving Loans and L/C Obligations of such Lenders and L/C Issuers will be repaid or Cash Collateralized, as applicable (it being understood that the commitments of the Declining Lenders and each L/C Issuer no...