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Common use of Mandatory Termination of Commitment Clause in Contracts

Mandatory Termination of Commitment. The Commitments shall terminate on the Termination Date.

Appears in 2 contracts

Sources: Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc)

Mandatory Termination of Commitment. The Commitments of each Class shall terminate on the Termination Date.

Appears in 1 contract

Sources: Credit Agreement (Martin Marietta Materials Inc)

Related Clauses

  • Mandatory Termination of Commitments
  • Termination of Commitment
  • Prepayment; termination of Commitment
  • Scheduled Termination of Commitments
  • Extension of Commitment Termination Date

Parent Clauses

  • The Credits
  • Termination and Reduction of Commitments
  • HEADINGS
  • TRUST DISCLAIMER
  • Mandatory Termination of the Facility

Sub-Clauses

  • Application to Loans
  • Interest Periods
  • Repayment following Optional Reduction of Commitments
  • Application of Proceeds
  • Voluntary Prepayments
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